Starting
Price
On DubaiPropertyAuctions, you must choose an auction Starting Price
and a Reserve Price.
The
Starting Price is the price at which bidding will start on your
property.
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 Sellers have found that
setting the Starting Price too high may discourage bidding. Make
sure you set a low Starting Price as this will attract bidders
to bid on your property. |
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Reserve
Price
You must set a Reserve Price for your property listing. A Reserve
Price is the lowest price at which you are willing
to sell your property. For more information on Reserve
Price, Click Here.
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Sellers have found that
setting a competitive Reserve Price increases the chances that
their Reserve Price will be met. In general, Buyers are more attracted
to a property whose Reserve Price has been met because they know that
since the Reserve Price is met, the Seller is obligated to sell at whatever price the auction closes. Setting a lower Reserve Price will in fact encourage bidding on your property. |
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'Buy
Now' Price (Optional)
The 'Buy Now' Price is optional. Simply enter the price at
which you wish to sell your property today. This is a good option if
you want to give Buyers the chance to instantly buy your property and bypass the auciton process. For more information
on 'Buy Now', Click Here.
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Sellers have found that
setting a competitive 'Buy Now' Price will get their property sold
very quickly! |
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About
Pricing
For more information on prices and currencies used in listings
on DPA, view the help page on Prices
in Listings. To change your price settings, sign into your
Account. In the 'My preferences' box, click on the 'Preferred
Currency'. Select the currency you prefer to view on DubaiPropertyAuctions
by scrolling through the drop-down menu.
Please
note: Apart from the preferred currency, DubaiPropertyAuctions
will always show pricing in United Arab Emirate Dirhams (AED).
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