Payments

Yes, all vehicles are subject to VAT per the country’s tax law.

Yes, Al Wataneya Auctions can temporarily change service charges for promotions or new services.

Yes, for multiple vehicle purchases or if the sale amount exceeds AED 100,000.

No, winners cannot refund or recover payments if they fail to pay the remaining amount, and no money is refunded for returning sold vehicles.

The deposit is paid via credit card, cheque, or bank transfer (receipt sent to etcares@et.ae for transfers); refunded if no purchase, confiscated if the winner quits, with possible legal actions.

Bank cash deposit & bank transfer: refundable within 30 working days & might extend in some cases, subject to submitting the refund request form. All bank charges (local or international) are borne by the participant.

Credit card deposits: released after 21 working days as per bank policy; customers must follow up with their bank directly. All bank charges (local or international) are borne by the participant.

Yes, an additional AED 250 per vehicle is charged for technical condition inspections

AED 200 for motorcycles, AED 750 for light vehicles, and AED 1000 for heavy vehicles

The deposit is confiscated, and legal actions may be pursued if a participant breaches site conditions.

AED 5,000 for bids up to AED 100,000, AED 7,500 for up to AED 150,000, AED 10,000 for up to AED 200,000, AED 50,000 for bids up to AED 5,000,000 and AED 500,000 for bids up to AED 100,000,000.

For check-based insurance, 25% of the purchase value is forfeited; for cash/card-based, 10% is deducted (max full insurance, min AED 2,000)

Winners must pay the vehicle amount to Emirates Public Transport and Services Company within 48 hours of auction results; a AED 100 daily penalty applies for delays

The vehicle value must be paid within 48 hours of auction close in cash or approved bank cheque; a AED 100 daily penalty applies for up to 7 days, after which the sale is void, and the deposit is confiscated.

The awarded value excludes ownership transfer fees, licensing, transport, and other expenses, which the buyer bears.

The deposit is confiscated, and legal actions may be taken if the participant does not complete payment within the period specified

Participants must deposit an insurance amount payable via credit card, bank transfer, or deposited cheque to Al Wataneya Auctions.

A 5% VAT is applied to the final auction price

Payments

1. Are vehicles subject to taxes?

2. Can Al Wataneya Auctions change service charges?

3. Can Al Wataneya Auctions require an increased deposit?

4. Can auction winners recover payments if they fail to pay the remaining amount?

5. How is the security deposit handled for auction participation?

6. How is the security deposit refunded for cash payments?

7. How is the security deposit refunded for credit card payments?

8. Is there a fee for technical condition inspections?

9. What administrative fees are applied to different vehicle types?

10. What are the consequences of breaching site conditions regarding payments?

11. What are the deposit amounts for different bidding limits?

12. What are the insurance deduction policies for purchase cancellations?

13. What are the payment deadlines and penalties for auction winners?

14. What are the payment terms for a vehicle’s value post-auction?

15. What costs are excluded from the awarded vehicle value?

16. What happens if a participant fails to complete the payment process after winning an auction?

17. What is required for participants to deposit as insurance for the auction?

18. What is the VAT rate applied to the final auction price?