As a buyer, you need to first select the property that you prefer. Then, view the Property thoroughly and properly before the date of the auction. While viewing the property, be aware of all the detailed information and the condition of the property as well as the obligations arising therefrom. You need to fill out the two DLD forms from the Dubai Land Department. These forms are mandatory for you to participate and serve as proof that you agree with the process 

The required documents are a Passport/ Emirates ID No and a  financial guarantee or a cheque under the name of the Dubai Land Department at a rate up to 20% of the estimated price of the property.

Next is to attend the auction, bid on the property, win the auction, and buy it.  As a buyer, you can rest assured if you win the

bid at Response Auctions. The transaction of the property sale is supervised by the Dubai Land Department as it is more involved in the auction. So, as a bidder, all you need to do is inspect the property, bid, win, and then buy the property.

Once all the documents are verified, Response Auctions will give you a bidder number along with all the needed, necessary, and related documents to participate in the auction. 

But if you are unable to buy the property at the bid you won the property, then you need to agree to seize the amount of insurance deposited with the department in case you fail to pay the full price, fees, expenses, and everything required within twenty working days and deliver it to the seller along with deduction of the auction company fees.

Remember Only properties that are luxurious, rare, high in demand, unique, and highly valued go for auction at Response Auctions.