App auctions off real estate worth Dh3.4 billion in Abu Dhabi

App auctions off real estate worth Dh3.4 billion in Abu Dhabi

Since the release of its official auction app, the Abu Dhabi Judicial Department (ADJD) has sold jewelry, automobiles, real estate, and other items for more than Dh3.6 billion, according to WAM.

Most of these sales are in real estate, with 333 properties sold for a total value of over Dh3.4 billion.

These numbers represent the total sales made through the auction app since its launch in June 2022, up until the middle of February. Since the app’s launch, 1013 vehicles valued at Dh78.3 million, jewelry valued at Dh232,720, and 1,784 movable properties totaling Dh129.4 million have also been sold.

How to sign up

You can use the UAE Pass or register using your phone number. Residents and citizens of the UAE, as well as interested foreign parties, can use the app.

Payments and security deposits on the app can be made with cash, checks, credit cards, or bank transfers.

Other categories on the ADJD Auction App include stores, electronics, manufacturing, vehicles, and boats. The app lists several cars with starting prices of Dh1,000 and office supplies and other things with Dh300 starting prices.

Revolutionized bidding process

The Judicial Department’s Undersecretary, Counselor Yousef Saeed Alabri, claimed that the smart Auction App had completely changed how judicial cases’ seized property was bid on.

“This aligns perfectly with the vision of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Chairman of the Presidential Court, and Chairman of Abu Dhabi Judicial Department, for a more accomplished justice system, contributing to Abu Dhabi’s global competitiveness,” he added.

Alabri explained that the Auction App offers innovative options to bid remotely and complete the procedures through simple steps by the specified legal controls. It also makes it easy for bidders inside and outside of the UAE to sign up and deposit funds and access details of the property seized in enforcement cases.

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