Mazad Presents its First-Ever Online Luxury Watches Auction in Bahrain

Kingdom of Bahrain, July 26th, 2024 – Mazad, a local portfolio company of Bahrain Mumtalakat Holding Company ‘Mumtalakat’, has announced its upcoming Luxury Watches Auction on it’s platform- the first of its kind in the Kingdom of Bahrain.

This milestone online auction will showcase a wide collection of rare, vintage, and contemporary timepieces from the world’s most prestigious watchmaking brands, including Rolex, Audemars Piguet, Patek Philippe, and Vacheron Constantine.

“We are proud to host Bahrain’s first-ever online luxury watch auction, which will provide regional collectors, enthusiasts, and investors a convenient and accessible platform to acquire some of the most coveted and exclusive timepieces,” said Talal Alaraifi, CEO of Mazad. “Following our success in the gold and natural pearl auction, the luxury watches come as a significant step in our journey to cement Mazad’s position as the leading destination for luxury auctions in the region.”

The auction will feature an expertly curated selection of rare and valuable watches that have been meticulously authenticated and appraised by watch experts horological experts. Highlights include:

A Rolex Daytona with Ruby & Metorite circa 2008 in pristine condition , A vintage Rolex Day-Date with Arabic Numerals , A rare Vacheron Constantin Overseas “ZURICH BOUTIQUE EDITION”. 

The auction will be conducted in several stages, with the first batch rolled out from July 25th – August 15 2024, exclusively on Mazad’s digital platforms. Interested buyers can preview the collection, register, request for viewings, and place their bids through Mazad’s user-friendly website and mobile app. Users can expect to see more luxury items added to Mazad’s portofilio by the end of the year catering to the sophisticated tastes and preferences of the region’s most affluent collectors and investors. The expansion into luxury & premium goods falls in line with Mazad’s strategy to broaden its customer base and maximize its reach across the region.

For more information regarding this auction, please visit www.mazad.app or call  17778887 for support.