Ritchie Bros. celebrates 20 years of auctions in Dubai

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Unreserved auction on Dec. 13 & 14 marks two decades of auctions in the United Arab Emirates

Over the last two decades, more than 120,000 items have been sold at Ritchie Bros.’ auctions in Dubai. The company will celebrate its 20th anniversary in the United Arab Emirates with a Dubai auction on December 13 & 14, 2016. Businesses from the wider Middle Eastregion have already consigned 1,700+ heavy equipment items and trucks to the two-day unreserved auction. Bids can be made in person at the auction site, online at rbauction.com and by proxy.

Ritchie Bros.’ first Dubai auction was held in 1997. Since then the company has held 72 auctions in Dubai, selling over 120,000 lots and registering more than 40,000 bidders. Today’s auctions in Dubai are a lot different than those conducted twenty years ago.

“At the first auctions in Dubai, bidders were seated in a huge tent and everyone joined in person as we didn’t have online bidding yet,” said Eduard Faig, Regional Sales Manager, Ritchie Bros. “Now we run our operation in a comfortable auction theater, with a full-service equipment yard and have a lot more to offer to our customers. Through the years more bidders from more countries outside the region found their way to our Dubai auctions, either in person or online, making it a powerful auction hub. Every year businesses from all over the Middle East, Asia and further away rely on us to sell and buy the equipment they need.”

Ritchie Bros.’ 73rd Dubai auction on December 13 & 14, 2016, offers a chance for businesses to buy and sell before the end of the year. Equipment highlights include:

• 60+ cranes, including a 2014 Sany SAC2200F 220-ton 10x8x10 all-terrain crane
• 70+ excavators, including a 2011 Caterpillar 336DLN hydraulic excavator
• 75+ compactors, including 10 unused 2016 Dynapac CA255 vibratory rollers
• 15+ bulldozers, including two 2013 Caterpillar D6T bulldozers
• 170+ generator sets, including four unused 2013 Caterpillar 500 KVA skid-mounted gen sets
• And many more items

There are no minimum bids or reserve prices at the auction, all items are sold to the highest bidders during the auction days. For a detailed list of all equipment in the auction, including high-res photos of the items, visit www.rbauction.com