Pressroom • Press Release

Type
Press Release
Published
March 07, 2026
Publisher
Laraib Shabir Marketing
At a recent live car auction hosted by Marhaba Auctions, buyers seized the opportunity to purchase vehicles at significantly discounted prices, with some participants driving away in cars worth AED 40,000 for nearly half that price. The event attracted more than 2,000 attendees at the company’s Sharjah Industrial Area 2 branch, illustrating the strong interest in auction‑based car buying in the UAE.
The live auction featured 360 pre‑owned vehicles spanning a range of budgets and preferences, allowing bidders to explore a broad selection of cars before placing bids. All vehicles were available for advance inspection and offered under Marhaba Auctions’ “Green Light” policy — meaning any bid of AED 500 or more could secure a win.
According to Zubair Rashidi, Executive Director of Marhaba Auctions, many buyers benefited from prices 30 – 40 % below typical market value, making it possible for attendees to secure considerable savings compared with conventional dealership purchases. In addition to competitive auction pricing, participants had the chance to win additional prizes including gold bars, smart TVs, and smartphones.
The auction also catered to a wide variety of car models, including entry‑level economy vehicles as well as higher‑end options. For those unable to attend in person, the auction was streamed live, extending access to bidders across the UAE.
This event underscores Marhaba Auctions’ commitment to providing an engaging and transparent car buying experience, offering customers the potential to find quality vehicles at affordable prices while enjoying the excitement of live bidding.
Source: Khaleej Times
Original Article:
https://www.khaleejtimes.com/uae/car-auction-in-uae-buyers-drive-away-in-vehicle-at-half-price?_refresh=true
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