Ritchie Bros. completes Dubai auction with big sale

Publish December 24, 2020
real estate

Ritchie Bros. has completed its December online machinery and heavy equipment auction in Dubai on a successful note, selling over 1,450 pieces of equipment, trucks and other items for more than 210 of its consigning customers.

Over 1,200 online bidders from 83 countries registered for the December Dubai event, which concluded on December 16.

According to the company, more than 40% per cent of the equipment in the auction was purchased by bidders from countries outside the UAE, including Egypt, Ghana, Nigeria and South Africa.

The auction was conducted entirely online using Ritchie Bros.' easy-to-use Online Timed Auction system, said the statement from the company.

The Dubai auction inventory ranged from excavators, wheel loaders, crawler tractors and backhoes through to articulated dump trucks, mobile cranes and more.

This edition of the auction also saw increased numbers of buses, pickup trucks, and passenger vehicles being consigned, further broadening the auction inventory and range of options for buyers.

'We saw an impressive number of registered bidders participate in our December online auction,' remarked Eduard Faig, the Regional Sales Manager at Ritchie Bros., Middle East.

'After the auction, we received a lot of positive feedback from online bidders who told us how easy it was to use our Online Timed Auction system, accessible through our website via our mobile app,' he stated.


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