Construction

Euro Auctions GM lauds return to UAE with first live sale in Abu Dhabi

Unreserved sale at new, permanent site brings in bidders old and new as hammer total reaches $3.66 million in Abu Dhabi

Euro Auctions Group’s first sale at its new, permanent site in Abu Dhabi has raised almost $4 million as bidders turned out in their droves to the live auction.

Euro Auctions is Europe’s largest auction house and oversees sales for industrial plant, construction equipment and agricultural machinery in the Middle East, UK, Germany, Spain, Australia and the USA.

On the 4th May, the auctioneers held their first live and online, unreserved sale at the new site in KEZAD, Abu Dhabi. With a sale inventory of 518 lots, from 35 vendors, from five countries including, UAE, GB, USA, Seychelles and Sri Lanka, the hammer total was $3.66 million, with a total from floor bidders being $2.33 million and $1.33 million transacted online, reported the firm in a statement.

“There was much interest on the day, with 365 registered bidders participating, of which 102 of those bidders were bidding for the first time with Euro Auctions. The sale attracted interest from a global audience with the top buying countries being: UAE, Iraq, India, UK, Armenia, Saudi Arabia and Bolivia,” said Euro Auctions.

Euro Auctions announced it was expanding its current UAE operations in KEZAD across a facility of more than 43,000 square metres, with site operations scheduled to commence in Q1 2023, in December last year. 

Euro Auctions was previously based in Jebal Ali.

Euro Auctions, general manager for the UAE, Richard Sweatt, added: “On sale day we saw plenty of familiar faces and our loyal clients commented that they were glad we are back! We had a good inventory of stock, with many late plate, low hours machines, for this first sale and we attracted new consignors and new bidders to Euro Auctions.

“The prices achieved at this sale pleased both consignors and the buyers and getting that balance right is the essence of a good sale. With limited space on site, due to construction works on the main office building, the crowds were impressed with the new facility.”

“With large development projects in the region, in the UAE, and KSA, including oil & gas, rail, hospitality and domestic housing, new or late, low hours excavators of all sizes were in great demand, as were telehandlers, skid-steers, commercial vehicles and 4x4s. With major contractors preferring to acquire plant and machinery ‘in country’ rather than import, Euro Auctions, with its international network of auctions, and sales managers, sources machinery to bring to this site for upcoming sales.

“As this new sale site is located in the Khalifa Economic Zone, Abu Dhabi, with easy shipping access to and from Khailfa Port, by collaborating with Abu Dhabi Customs and KEZAD Group, a proportion of the Euro Auctions yard is categorised as a ‘Customs Bonded Warehouse’ offering import and export customers the same advantages as a freezone operation. As 60% to 70% of our customers are local, this site provides Euro Auctions with enormous strategic advantages in the region.

“UAE customers no longer have the documentation requirements to deliver and collect equipment from the auction site, enabling them to have easy access to inspect the stock prior to the auction day. Inspections can be carried out in the yard, easily and seamlessly and the location provides cost-effective connectivity to major markets, with the Abu Dhabi facility contributing to growth in the UAE and the Middle East.”

According to Sweatt, relocating from Dubai to the new site – the biggest in the region – gives Euro Auctions scope for expansion.

“With over 43,000sqm of yard, with facilities for handling all aspects associated with the sale of industrial plant, construction and agricultural machinery including transportation to carrying out minor repairs, Euro Auctions has plans to develop the business in the region, developing this site to become the #1 in the Middle East,” he said.

“Whilst being the leading auction company in Europe for heavy machinery, Euro Auctions has operations worldwide, conducting more than 60 auctions per year and markets to an international audience from over 100 countries due to its strong online presence. We plan on hosting four sales per year at the new site and the next  sale will be on the 7th September.”

Top Prices Achieved at the Euro Auctions Sale

Here are a number of notable machines with the final hammer prices:

Tractors

2019 Deutz Fahr 6110.4W 4WD Tractor, A/C             (multiple machines sold)            17,000

Site Dumpers

2008 Barford SXR3500 3.5T Swivel Skip Dumper      (multiple machines sold)            4,500

Skid Steer Loaders

2019 Bobcat S740 Skid Steer Loader, Full Cab, A/C, Piped                                                    24,000

2023 Bull AV490 Skid Steer Loader, Closed Cab, A/C, HVAC                                         21,000

2023 Bull AV490 Skid Steer Loader, Closed Cab, A/C                                                     19,000

2008 Caterpillar 226B Skid steer Loader                                                                           7,000

2009 Case 430 Skid steer Loader, Piped                                                                                5,500

2009 Case 410 Skid Steer Loader, Piped                                                                                5,250

Telehandlers

2013 Genie GTH4018SR Telehandler, Joystick Control, Sway,  Bucket, Forks            25,000

2019 Deici ICARUS 40.17 Turbo Telehandler, Joystick Controls, Sway, Bucket                  29,000

2019 Deici ICARUS 40.17 Turbo Telehandler, Joystick Controls, Sway                                  30,000

2014 Haulotte HTL4017 Telehandler c/w Joystick Controls, Sway                            25,000

2019 JCB 540-140 HI VIZ Turbo Powershift Telehandler                                           49,000

Wheeled Loaders

2015 Shandong SWM952 Wheeled Loader c/w Bucket, 741 hrs                              12,500

2013 Kawasaki 85Z5 Wheeled Loader c/w Bucket    3                                              2,000

Backhoe Loaders

2005 JCB 3CX Backhoe Loader c/w Extendahoe, 4 in 1 Bucket, Forks                       16,500

Motor Graders

2021 SEM SEM915 Motor Grader c/w Blade, Full Cab                                              61,000

2013 Komatsu GD705A-4 Motor Grader c/w Blade, Full ROPS Cab, A/C                  46,000

2008 Komatsu GD705A-4 Motor Grader                   (multiple machines sold)             40,000

Mini Excavators

2018 CAT 305.5E Blade Piped, A/C                                                                             16,500

2017 Komatsu PC56-7 Blade, A/C                                                                              9,250

2013 Komatsu PC56-7 Blade, Piped, A/C                                                                   9,250

2013 Caterpillar 301.4C Blade, Offset, Piped, Aux. Piping, Canopy                          7,750

2012 Komatsu PC56-7 Blade, A/C                                                                              9,250

2012 Komatsu PC56-7 Blade, A/C      (3x machines sold)                                          8,750.00

2012 Kubota KX161-3SZ Blade, Offset, A/C                                                                6,500

2002 Komatsu PC12UU-1 Rubber Tracks, Blade, Offset Boom, Canopy                   5,000

2018 Zoomlion X10 Blade, Canopy                                                                            3,750

6T Excavator

2010 CAT 306 Blade, Piped, A/C                                                                                9,000

10T Excavator

2018 CAT 349D2L 600mm Pads, Piped, A/C, Bucket                                                  115,000

2022 Hyundai R340L 600mm Pads, Piped, A/C                                                          116,000

2021 Hyundai R340L 600mm Pads, Piped, A/C                                                          116,000

2022 Hyundai R245LR 800mm Pads, Long Reach, A/C, Bucket                                 91,000

2023 Hyundai R245LR 800mm Pads, Long Reach, A/C, Bucket                                 91,000

2023 Hyundai R210 600mm Pads, Piped, A/C, Bucket (multiple machines)             70,000

2021 Hyundai R210-7 XL 600mm Pads, Piped, A/C                                                    50,000

2022 Hyundai R210 600mm Pads, Piped, AC, Bucket                                                            59,000

2022 JCB JS215LC 600mm Pads, Piped, A/C, Bucket                                                  68,000

2023 JCB JS205LC 600mm Pads, Piped, A/C,Bucket                                                  64,000

2022 Hitachi EX210LC 600mm Pads, Piped, A/C, Bucket                                           52,000

2016 Komatsu PC210-8M0 600mm Pads, Piped, A/C                                                28,000

2021 Tata Hitachi ZX220LC-GI 600mm Pads, Piped, A/C (multiple machines)            70,000

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