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Boli.ae conducts UAE’s first fully digital property auction, closing City Walk asset within 7 days

Gulf News: Latest UAE news, Dubai news, Business, travel news, Dubai Gold rate, prayer time, cinema·Reach by Gulf News·18 days ago
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Boli.ae conducts UAE’s first fully digital property auction, closing City Walk asset within 7 days PARTNER CONTENT Offers a more predictable, data-driven exit and acquisition strategy in a dynamic market Last updated: May 15, 2026 | 07:00 3 MIN READ Boli.ae, the UAE digital property auction platform, has successfully completed its inaugural digital real estate auction, marking a major shift in how property transactions are conducted in Dubai. The platform enabled the sale of a premium two-bedroom residence in City Walk within just one week, reinforcing a faster, more transparent alternative to traditional real estate processes. The 1,753-sq-ft luxury apartment, located in one of Dubai’s most sought-after lifestyle destinations, was listed with no reserve price and an opening bid of Dh500,000. The listing strategy was designed to test market depth and demonstrate the efficiency of Boli.ae’s real-time auction model.…

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