Dubai Courts e-auction sells most expensive property ever

The Dubai Courts has entered the Guinness Book of Records for setting a new world record in e-auctions.

The Dubai Courts has been able to break the record for the most expensive property sold via an e-auction conducted through smart applications. The property in question was valued at nearly Dh94 million; thus the Dubai Courts is now the first court to enter the Guinness World Records anywhere on the planet.

This feat has been achieved in accordance with the framework of the strategic partnership between the Dubai Courts and Emirates Auction.

Dr. Ahmed Saeed Bin Hazeem, Managing Director of Dubai Courts, received the certificate of registration from the Management of Guinness World Records, during a meeting with a delegation from Guinness World Records. The meeting was conducted in the presence of Abdullah Matar Al-Mannaei, CEO of Emirates Auction, and a number of officials.

In a collaboration between the Execution Department of Dubai Courts and the Emirates Auction, the sale of the property was made through an online auction, in an integrated manner, with only smart applications involved in the bidding process.

via Another World Record: Dubai Courts e-auction sells most expensive property ever – Emirates 24/7.