Can anyone help with Rolex pricing?
Discussion
I'm going to be in the UAE next week and was hoping to be able to pick up a Rolex Daytona in steel with a black face. I think the model number is 116520.
I see a few on Ebay around the 7k mark, and know that there is normally a 6 month waiting list for these.
Can anyone give me the UK RRP for this model?
Thanks.
I see a few on Ebay around the 7k mark, and know that there is normally a 6 month waiting list for these.
Can anyone give me the UK RRP for this model?
Thanks.
I just bought one here in Qatar less than a month ago for 42,800QAR or 6,990gbp. Plenty of stock and easy to come by.
The rate and cost should be the same in the UAE.
EDIT:
I should add my mate got a SS White face one in Dubai about 6 months ago for 45,600AED. Perhaps the difference between what we paid is because of a change in exchange rates in the last 6 months or simply because Dubai is a hotbed for holiday makers buying Rolex watches so they up the prices a touch.
A 45min flight to Doha, Qatar is about 120quid from Dubai and back and can be done in half a day return if you're on a mission to get a Rolex Daytona for the price I quoted.
The rate and cost should be the same in the UAE.
EDIT:
I should add my mate got a SS White face one in Dubai about 6 months ago for 45,600AED. Perhaps the difference between what we paid is because of a change in exchange rates in the last 6 months or simply because Dubai is a hotbed for holiday makers buying Rolex watches so they up the prices a touch.
A 45min flight to Doha, Qatar is about 120quid from Dubai and back and can be done in half a day return if you're on a mission to get a Rolex Daytona for the price I quoted.
Edited by TobyLaRohne on Thursday 17th April 14:55
The Dirham is sitting around 6 to the £1, which is the best it's been for a while. This makes a small difference to the price, but not enough to make it a huge saving.
Almost every mall has a Rolex shop (Seddiqi & Sons) and as has been said, prices tend to be slightly higher than UK prices, as there is a lot of disposable income and impulse buying keeps them that way.
In saying all of that, I was in the Rolex showroom in the City Centre mall a couple of weeks ago and I was the only customer in the shop, so maybe there could be room for some negotiation, but you'd need to bargain very, very hard!
You also need to consider what you want to do with the box and papers when you fly back to the UK.........
Almost every mall has a Rolex shop (Seddiqi & Sons) and as has been said, prices tend to be slightly higher than UK prices, as there is a lot of disposable income and impulse buying keeps them that way.
In saying all of that, I was in the Rolex showroom in the City Centre mall a couple of weeks ago and I was the only customer in the shop, so maybe there could be room for some negotiation, but you'd need to bargain very, very hard!
You also need to consider what you want to do with the box and papers when you fly back to the UK.........
I'm in Abu Dhabi now, and just priced a stainless steel Daytona at one of the local dealers - £7,945 at current exchange rates (49,000 AED).
I didn't discuss discounts, because there surely wouldn't be enough movement to make it worthwhile but will also check at the Duty Free on the way out on Friday.
Interestingly enough, the chap at the shop did say I could have as many as I want right now - apparently delivery is not an issue, unlike the UK.
I didn't discuss discounts, because there surely wouldn't be enough movement to make it worthwhile but will also check at the Duty Free on the way out on Friday.
Interestingly enough, the chap at the shop did say I could have as many as I want right now - apparently delivery is not an issue, unlike the UK.
slf2012 said:
I'm in Abu Dhabi now, and just priced a stainless steel Daytona at one of the local dealers - £7,945 at current exchange rates (49,000 AED).
I didn't discuss discounts, because there surely wouldn't be enough movement to make it worthwhile but will also check at the Duty Free on the way out on Friday.
Interestingly enough, the chap at the shop did say I could have as many as I want right now - apparently delivery is not an issue, unlike the UK.
Ah yes the unlimited supply in Karama Market.....I didn't discuss discounts, because there surely wouldn't be enough movement to make it worthwhile but will also check at the Duty Free on the way out on Friday.
Interestingly enough, the chap at the shop did say I could have as many as I want right now - apparently delivery is not an issue, unlike the UK.
z4chris99 said:
alanm_3 said:
You also need to consider what you want to do with the box and papers when you fly back to the UK.........
Stick them up your bumor nothing, i have been traveling to and from the middle east for 27 years and have never once been searched.
michael gould said:
z4chris99 said:
alanm_3 said:
You also need to consider what you want to do with the box and papers when you fly back to the UK.........
Stick them up your bumor nothing, i have been traveling to and from the middle east for 27 years and have never once been searched.
I can't imagine the reach they have now!
Edited by Mr Aston Martin on Wednesday 23 April 23:37
alanm_3 said:
Well I'm sure they can reach right up yer bum and find the box and papers!
Can you imagine going to all the trouble of fitting the box and papers up yer jaxie for them just to turn round and say, "its ok, we'll just check via the serial nr on the watch" ...the disappointment! 
ive never heard such tall tales about customs officials. ive been travelling worldwide for getting on for 20 years and 99% of the time there isnt even a customs official hanging about as you go through the green lane!
as for them looking on forums and such like, that is complete rubbish! as if they have the time and resources for that, including sending court orders to PH and your ISP to get your name and address on the off chance you werent just making up stories on an online forum!
as for them looking on forums and such like, that is complete rubbish! as if they have the time and resources for that, including sending court orders to PH and your ISP to get your name and address on the off chance you werent just making up stories on an online forum!
having a brother/ father/ niece whom are all Charted Accountants and having a friend who is a senior tax inspectors, i can assure you it is not "rubbish"
Here is an article recently in the FT
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/0f98bbc0-2db6-11e2-9988-...
The Revenue also gets information from less obvious sources, such as adverts on noticeboards in newsagents, stories in local newspapers, and even social networking sites, such as Facebook or Twitter.
Mostly, inspectors are looking for evidence of a lifestyle that’s out of kilter with declared income. If the Revenue has doubts about someone’s tax affairs they will search for any information they can find on that individual, including posts on Facebook and tweets.
“If HMRC reads a story about an expensive wedding in the local newspaper and it involves the daughter of someone who claims not to earn very much, that might set alarm bells ringing at the tax office,” says Watts.
“Similarly if someone is constantly putting up pictures of expensive holidays and flashy cars on Facebook, but is paying minimal tax, then that could also trigger an investigation.”
He adds that several individuals were caught out after appearing on the Channel 4 television programme My Big Fat Gypsy Wedding spending thousands of pounds of undeclared income on lavish family weddings. Another individual came under HMRC’s watchful gaze after posting photos of their luxury holidays on Facebook.
Here is an article recently in the FT
High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/0f98bbc0-2db6-11e2-9988-...
The Revenue also gets information from less obvious sources, such as adverts on noticeboards in newsagents, stories in local newspapers, and even social networking sites, such as Facebook or Twitter.
Mostly, inspectors are looking for evidence of a lifestyle that’s out of kilter with declared income. If the Revenue has doubts about someone’s tax affairs they will search for any information they can find on that individual, including posts on Facebook and tweets.
“If HMRC reads a story about an expensive wedding in the local newspaper and it involves the daughter of someone who claims not to earn very much, that might set alarm bells ringing at the tax office,” says Watts.
“Similarly if someone is constantly putting up pictures of expensive holidays and flashy cars on Facebook, but is paying minimal tax, then that could also trigger an investigation.”
He adds that several individuals were caught out after appearing on the Channel 4 television programme My Big Fat Gypsy Wedding spending thousands of pounds of undeclared income on lavish family weddings. Another individual came under HMRC’s watchful gaze after posting photos of their luxury holidays on Facebook.
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