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Dubai Travel Guide

Incredible Auction Sale in Dubai

Posted: Oct. 31st, 2012  |  By Michael Pearse
Pecheurs a Rosette
Mahmoud Said/Christie's

It's no small feat to clear $433,000 US Dollars in an auction of art, but significantly more considerable in light of Dubai's recent triumph with only 66 lots sold on Monday. Featuring nearly 150 Arabic and Iranian art from across the region and targeting new collectors in the market, the auction was an astounding success.

Every seat is taken at Ayyam Gallery in Dubai for The Young Collector's Auction.

A buzz of conversation ripples through as the young buyers, some dabbling in the auction scene for the first time, wait for the event to begin.

The dress code is relaxed and the atmosphere equally so, because despite featuring some of the region's most influential artists, prices begin at a level considered more affordable by the art world.

Many of the estimates are under US$10,000 (Dh36,730), with most under $5,000 - deliberately so, because the gallery wants to attract new collectors into the local art market.

Read More on thenational.ae

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