Terms and conditions
Last updated 2026/08/01
Eligibility to participate
Bidding is available to anyone aged 18 or over, verified through Nafath, who has paid the auction deposit. Companies need a valid commercial registration and signing authority.
Binding offers
Every bid is a binding offer that cannot be cancelled or amended, recorded in a tamper-proof log.
Automatic extension
The auction is extended by two minutes when a bid arrives in the last two minutes, and extensions continue until bidding stops.
Winner default
If the winner does not pay within five business days, their right lapses, the deposit may be forfeited under policy, and the lot may be relisted.
These documents are design drafts for demonstration and will be reviewed legally before launch.