Camels are auctioned off during Adihex on Friday at the Abu Dhabi National Exhibition Centre in Abu Dhabi. Pawan Singh / The National

Camels sell for millions at Adihex auction in Abu Dhabi



Race camels fetched prices of up to Dh350,000 at the annual camel auction at the Abu Dhabi International Hunting and Equestrian Exhibition on Friday night.

The 15 young camels sold for a total of Dh2.07 million.

Hamed Salem, a breeder from the Al Joa area south of Al Ain, bought three camels for Dh900,000.

“We buy according to their genes,” said Mr Salem, 40, an Al Wathba racetrack regular who owns 50 race camels. “It’s expensive but so are the prizes.”

The auction was led by the famed Omani commentator Salem Al Hebsi. In some parts of the world, auctioneers are known for their rapid-fire rhythm but camel auctioneers like Salem Al Hebsi and Saif Al Ketbi use a technique more akin to slow cooking.

Al Hebsi’s cadence was measured and his voice was deep as each calf was paraded back and forth in a sandy arena before VIP attendees, oblivious to the men who have travelled to Abu Dhabi in search of a future star that could bring fortune and fame. Al Hebsi listed the lineage of each camel, extolling the accomplishments of its ancestors while bidders and their children sip Arabic coffee, zaatar tea and karak from the VIP seats above.

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Camel racing and auctions:

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Only when it was clear that no bid was forthcoming would Al Hebsi eventually ring a bell and say, “a thousand, thousand, thousand, thousand congratulations” and announce the name of the winning bidder.

Al Hebsi began commentating in 2008 in Oman’s Al Sharqiyah desert region. After just two years, he was invited to Abu Dhabi’s prestigious Al Wathba racetrack. To this day, Al Hebsi remembers the moment his racetrack career began. “My first commentary was the 28th of November at 5.47am. Of course I remember it,” he said.

This memory has brought him a successful career as auctioneer and commentator. Like any sport, camel race commentary is about statistics and context. During races, a commentator must distinguish camels at a glance and not only know its owner but also its ancestry.

“God bless him, he is renowned for he knows all the lineage of this camel and that camel,” said camel breeder Abdulla Hamdi, flipping through the 2017 auction catalogue. “Omanis are famous trainers. These camels are originally Omani and all race camels are originally Omani. Their size is small and they are light.”

Mr Hamdi would know. He is from the Omani town of Adam, a place renowned for its swift dromedaries and had attended to support his friends.

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More from Adihex:

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Should anyone have missed Al Hebsi’s commentary, there were booklets with a detailed genealogy of each camel that includes a photo of its mother, father and list of their accomplishments.

“Why spend Dh300,000 a camel? Just look at his CV,” said Mr Hamdi, 40, pointing to a page with 13 bullet points about one race camel's victories the number of cars it has won.

Bids started at Dh30,000 for female camels and Dh25,000 for males.

The camels were conceived through artificial insemination at the Advanced Scientific Group in Sweihan. The centre assists breeders with camel fertilization treatments and breeds 1,300 camels each year. It produces an additional 300 of its own camels from the retired racers that live at the centre, like the famous studs Ghazi and Nassi.

Their largest annual auction is at the Al Wathba camel festival. Adihex still holds the record for the most expensive sale of a race camel when Bint Nassi sold for Dh5.8 million to the Crown Prince of Dubai, Sheikh Hamdan bin Mohammed, in 2008.

“If there’s a festival that is seven days, a sheikh will come every one of those days,” said Al Hebsi. “If it’s football nobody will come. They care because it’s the country’s heritage.”

Mr Salem is confident that he will make his investment with prize money and resales at races that run from October to April.

“I make Dh50,000 at every festival,” he said. If that seems like a lot, consider this: the final festival of the 2015 race season at Al Wathbah had Dh80million in prize money.

“Maybe he’ll get back one million in return,” said Hamed’s nephew Saeed Al Derei, 28.

Last season, Al Derei’s camels won a Toyota Land Cruiser, a Ford Focus and a Nissan Patrol, in addition to cash prizes. Mr Al Derei sold the Focus and the Patrol but kept the Land Cruiser.

The only drawback to this investment?

“Camels don’t have insurance,” said Mr Al Derei.

If the camel dies, the money is lost.

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Types of policy

Term life insurance: this is the cheapest and most-popular form of life cover. You pay a regular monthly premium for a pre-agreed period, typically anything between five and 25 years, or possibly longer. If you die within that time, the policy will pay a cash lump sum, which is typically tax-free even outside the UAE. If you die after the policy ends, you do not get anything in return. There is no cash-in value at any time. Once you stop paying premiums, cover stops.

Whole-of-life insurance: as its name suggests, this type of life cover is designed to run for the rest of your life. You pay regular monthly premiums and in return, get a guaranteed cash lump sum whenever you die. As a result, premiums are typically much higher than one term life insurance, although they do not usually increase with age. In some cases, you have to keep up premiums for as long as you live, although there may be a cut-off period, say, at age 80 but it can go as high as 95. There are penalties if you don’t last the course and you may get a lot less than you paid in.

Critical illness cover: this pays a cash lump sum if you suffer from a serious illness such as cancer, heart disease or stroke. Some policies cover as many as 50 different illnesses, although cancer triggers by far the most claims. The payout is designed to cover major financial responsibilities such as a mortgage or children’s education fees if you fall ill and are unable to work. It is cost effective to combine it with life insurance, with the policy paying out once if you either die or suffer a serious illness.

Income protection: this pays a replacement income if you fall ill and are unable to continue working. On the best policies, this will continue either until you recover, or reach retirement age. Unlike critical illness cover, policies will typically pay out for stress and musculoskeletal problems such as back trouble.

Essentials
The flights: You can fly from the UAE to Iceland with one stop in Europe with a variety of airlines. Return flights with Emirates from Dubai to Stockholm, then Icelandair to Reykjavik, cost from Dh4,153 return. The whole trip takes 11 hours. British Airways flies from Abu Dhabi and Dubai to Reykjavik, via London, with return flights taking 12 hours and costing from Dh2,490 return, including taxes. 
The activities: A half-day Silfra snorkelling trip costs 14,990 Icelandic kronur (Dh544) with Dive.is. Inside the Volcano also takes half a day and costs 42,000 kronur (Dh1,524). The Jokulsarlon small-boat cruise lasts about an hour and costs 9,800 kronur (Dh356). Into the Glacier costs 19,500 kronur (Dh708). It lasts three to four hours.
The tours: It’s often better to book a tailor-made trip through a specialist operator. UK-based Discover the World offers seven nights, self-driving, across the island from £892 (Dh4,505) per person. This includes three nights’ accommodation at Hotel Husafell near Into the Glacier, two nights at Hotel Ranga and two nights at the Icelandair Hotel Klaustur. It includes car rental, plus an iPad with itinerary and tourist information pre-loaded onto it, while activities can be booked as optional extras. More information inspiredbyiceland.com

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