Terms & Conditions
This Terms and Conditions Agreement (the “Agreement”) is entered into by and between
(1) Emirates Public Transport & Services Company, a Public Joint Stock Company established under the laws of the United Arab Emirates, having its principal place of business at Marrakech Street, Umm Ramool Area, P.O. Box 5757, Dubai, United Arab Emirates (“Emirates Transport” or “ET”), and
(2) National Auctions (“AWA”).
Together, referred to as the “Parties.”
This Agreement governs participation in the National Auction (AWA) online platform, which operates under Emirates Transport (ET). Registration on the platform constitutes full acceptance of these Terms & Conditions.
Any interpretation or ambiguity in this Agreement shall be based solely on written agreements duly signed by authorized representatives of National Auction (AWA) or Emirates Transport (ET). Any verbal or unsigned agreement is invalid and not binding.
1. Registration & Eligibility
2. Required Documents
Companies: Valid Trade License + VAT Registration (if applicable).
Individuals: Valid Emirates ID, Passport, or UAE Driving License.
3. Vehicle Status, Information & Inspection
4. Deposits & Financial Guarantees
|
Deposit (AED) |
Maximum Bidding Limit |
|
5,000 |
Up to 100,000 |
|
7,500 |
Up to 150,000 |
|
10,000 |
Up to 200,000 |
|
50,000 |
Unlimited |
AWA / ET may request a higher deposit at its sole discretion without providing reasons.
The security cheque is issued in the name of Emirates Transport.
5. Auction Timing & Validity
6. Payment Terms
7. Vehicle Release & Collection
|
Vehicle Type |
Daily Parking Fees |
|
light vehicles |
AED 100 |
|
heavy vehicles & buses |
AED150 |
8. Deposit Refund Policy
9. Notifications & Approval
10. Vehicle Sale Documents
11. Customer Support
Support inquiries: support@alwataneya.ae
Bidder is responsible for verifying bid amounts before submission. Price-related complaints will not be considered.
The Bidder shall verify and confirm all prices prior to submission of the bid and shall be solely responsible for any errors (in the price or where the price is written or in both). The Bidder shall also be responsible for ensuring full understanding and compliance with all Terms and Conditions.
12. Privacy Policy
User information is confidential. Statistics may be collected to improve services.
13. Intellectual Property
All logos, trademarks, service marks, and images belong to AWA / ET.
14. Auction Participation Steps
15. Auto-Bid Feature (Coming Soon)
16. Buyer Confirmation
The buyer acknowledges that AWA / ET acts only as a broker or intermediary and is not responsible for car defects or disputes (e.g., meter tampering, chassis issues).
17. VAT
All vehicles are subject to 5% VAT.
18. Administrative Charges
The buyer is responsible for administrative expenses related to the purchased vehicle, which are as follows:
|
Vehicle Type |
Administrative Charge Per Vehicle |
|
Motorbike |
AED 200 |
|
Light vehicles |
AED 750 |
|
Heavy vehicle & Buses |
AED1000 |
AWA / ET may modify service charges at its discretion.
19. Bidder Cancellation
If a bidder cancels any awarded vehicle, a penalty of 20% of the total transaction value will be charged at ET / AWA’s discretion without prior notice or justification.
20. Vehicle Taken Before Ownership Issuance
AWA / ET is not responsible for any expenses, repairs, or issues incurred by the buyer before receiving the official sale of documents. All associated costs are solely the buyer’s responsibility.
21.Limitation of Liability
AWA / ET shall not be responsible for:
22. Governing Law & Dispute Resolution
This Agreement is governed by the laws of the United Arab Emirates.
Any disputes shall be subject to the exclusive jurisdiction of UAE courts.
23. Increase in Non-Reimbursable Government Costs
If new laws, regulations, directives, decisions, or notifications issued by local or federal government authorities result in an increase in non-reimbursable costs, all parties (sellers or buyers) shall be obligated to bear such costs.
24. User Acknowledgment of Awareness and Compliance with the Terms and Conditions
Your acceptance of these terms and conditions constitutes a binding agreement to all that is stated herein and shall be deemed an explicit acknowledgment that you have read and understood them, thereby precluding any subsequent claim of lack of knowledge or awareness of their contents.
25. Emirates Transport / National Auctions reserves the right, at any time, to recover from the buyer any previous outstanding fines, penalties, fees, or related charges.
26. Any vehicle towing, recovery, or transportation charges shall be borne by the buyer and charged separately.
27. Default / Failure to Pay
The Buyer undertakes to pay the full purchase price within seven (7) business days from the date of award of the contract.
Failure to pay the full purchase price within the specified period shall constitute a default by the Buyer.
In the event of such default, the Seller shall have the right, at its absolute discretion and without prior notice, to cancel the sale transaction.
In the event of cancellation due to non-payment, the security deposit shall be forfeited in full, regardless of the method of payment (including but not limited to cash, cheque, bank transfer, bank guarantee, letter of credit, or credit card).
All other amounts paid by the Buyer, including any partial payments of the purchase price, shall also be forfeited and shall not be refundable.
Upon receipt of any payment from the Buyer (whether full or partial), the sale shall be deemed final and binding on the Buyer, and no warranty, refund, exchange, repair, or cancellation shall be permitted.
A limited exception applies only to the vehicle’s chassis. A claim shall only be considered if the Buyer provides an official report issued by the Traffic Department stating that the vehicle’s chassis has failed the inspection. Such report must be submitted within seventy-two (72) hours from the time of receipt of the vehicle and its documents.
By participating in this auction, submitting a bid, making any payment, or receiving the vehicle, the Buyer acknowledges that they have read, understood, and irrevocably accepted these Terms and Conditions.