United Arab Emirates – Dubai Courts in Guinness World Records

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 AED94 million. It was achieved in accordance with the framework of the strategic partnership between the Dubai Courts and Emirates Auction. 

H.E. 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. The Dubai Courts Execution Department has put up land in Dubai for auction, and the Emirates Auction has posted this particular auction online and via smart applications. This has had a huge impact in attracting the largest possible number of bidders. The auction was ultimately won by a group of Emirati investors who bought the piece of land for more than AED94 million.