The recent Euro Auctions sale in Dubai on 22 March 2021 attracted a global audience of buyers and sellers. The live sale and a timed auction following the main event saw over 700 machines going under the hammer.
The auction received equipment from 65 consignors, with 14 sellers consigning to the sale for the first time. In all there were eleven seller countries in the sale from UAE, Saudi Arabia, Bahrain, Great Britain, Italy, Hong Kong, India, Kuwait, Oman, Qatar and China But it was the home market that was the most active in not only supplying a large percentage of the equipment for sale, but in bidding and successfully buying. The fact equipment was sent for sale from Middle Eastern sellers and bought by Middle East buyers shows there is an appetite for the myriad of infrastructure projects across the region.
The buying statistics for the Dubai sale show are:
- Buyers from 74 countries registered for the sale.
- Top countries by hammer total, in order, were – UAE, Colombia, United Kingdom, Oman, Lebanon, Ivory Coast, Germany, the Netherlands, Belgium, Taiwan.
- Buyers by world region – Middle East 73%, Europe 11%, Africa 6%, South America 6%, UK 4%, Asia 1.5%, North America 0.25%
Derek Bleakley, general manager of Euro Auctions, Dubai, said: “The buying pattern for this sale was very interesting. Whilst the Middle East home market purchased 66% of all lots on offer, the remaining 34% was bought by bidders from all countries across Europe, from bidders across the whole of north Africa, from Kazakhstan, China and India, with the UK buying well, as were bidders from the USA, Canada and Australia.
As Euro Auctions has such a global reach marketing to over 150 countries and with our online bidding platform, all our sales events attact a global audience. With 599 registered bidder accounts, 33% were first time bidders at this sale, an increase of 100% over the previous sale, and we have seen the number of new customers increasing at every sale. We have been working with prospective sellers and buyers on our database, as well as raising our profile to the global marketplace with the message that we represent choice, quality and can help consignors to get the best price for their machinery.”
The hammer prices of notable lots from the 22nd March 2021 include:
20t Excavators
2012 Volvo EC380DL 700mm Pads, Piped c/w A/C: $59,000
2020 unused (multiples) – Case CX350B 600mm Pads, Piped c/w A/C (GCC duties not paid): $129,000
2020 (Unused) Doosan DX300LCA 600mm Pads, Piped c/w A/C (GCC duties not paid): $123,000
Backhoe Loaders
2014 JCB 4CX 14H2WM Turbo Powershift c/w Extendahoe, 4 in 1 Bucket, Forks, A/C: $43,000
2008 Volvo BL71 Turbo Backhoe Loader c/w Extendahoe, 4 in 1 Bucket, Forks, A/C: $13,000
Wheeled Loaders
2016 Komatsu WA470-6 Wheeled Loader c/w A/C (GCC duties not paid): $55,000
2014 Komatsu WA470-5 Wheeled Loader c/w Bucket, A/C: $44,000
2014 Hyundai HL770-9S Wheeled Loader c/w Reverse Camera, Bucket, A/C: $42,000
Rollers
2021 Case 1110EX-D Single Drum Vibratory Roller c/w A/C (GCC duties not paid): $43,000
2019 Dynapac CA255 Single Drum Vibratory Roller c/w Canopy: $33,000
2007 Caterpillar CS533E Single Drum Vibratory Roller c/w Canopy: $26,000
Dozers
2003 Caterpillar D8R Straight Blade & Tilt c/w Ripper: $59,500
1993 CAT D8N Straight Blade & Tilt c/w Ripper: $38,000
Cranes
2001 Demag AC155 55 Ton All Terrain Crane, 5 Sections Main Boom, Hook Block: $65,500
2007 Grove RT700E 4×4 70 Ton Rough Terrain Crane, c/w Main Boom, Swing Away Fly Jib: $49,000
2011 Terex RT35 35 Ton Rough Terrain Crane, 4 Sections Main Boom, Hook Block: $48,500
Telehandlers
2016 Manitou MHT-X 10130 Mercedes OM934 LA Turbo Engine, Sway, A/C, 2113 Hours: $73,000
2014 Bobcat T40180 Telehandler c/w WLI, Sway, Bucket, A/C: $26,000
2008 Manitou MT1840 Turbo Telehandler c/w WLI, Sway, Forks: $12,500
Commercial Vehicles
2017 Sinotruk Howo 371 8×4 Cement Mixer Lorry c/w A/C: $43,000
2020 (unused) Sinotruk Howo 371 8×4 Cement Mixer Lorry c/w A/C: $41,000
Commercial Vehicles
2019 Toyota Fortuner EX.R 4WD Auto: $21,750
2018 Toyota Hilux GL 4WD Crew Cab Pick-up: $16,000
The next Euro Auctions sale in Dubai, UAE, will be on 28 June 2021.