Second eMart auction three times less successful than the previous one

eMart reaffirms itself as the ideal portal for real estate operations of the next level especially with the sale of 7 commercial and residential properties for a total of 27,571,380 dirhams.

This is the second eMart auction in under a month, the last one having set a record sale of almost 75 million dirhams. Observers pointed out that these numbers could not have been repeated even though trust in the portal managed by the Dubai Land Department, eMart, still grows strong.

Auctioneers gathered in the hall reserved for them by the Dubai Land Department, furnished with a number of large auctioning screens and several tablet devices, were trained in the usage of the various features of the auction. These short and quick training sessions were very well received by auctioneers.

The display of properties at the auction was, as usual, very detailed: location maps, detailed blueprints, comprehensive photography, and starting price. This simplified the process and gave auctioneers lots of flexibility.

Since its launch at the start of last November, eMart’s real estate operations, from buying, selling, and renting, have all seen great success and constant activity, on top of the auctions. This interest in the portal by real estate industry stakeholders and investors is particularly due to the outstanding services offered and the degree of transparency and users’ rights protection alongside eMart’s dedication at ensuring equal access to all, creating a competitive atmosphere with the highest returns.

It should be noted that the Dubai Land Department launched eMart to keep pace with the quantitative and qualitative growth that the real estate market has witnessed since the reorientation of the Government of Dubai towards smart governance, on top of building an international network of real estate investors who are being introduced to the thriving Dubai properties market.