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This Evening’s Watch Sale Is Christie’s First Auction in The Middle East To Be 100% Sold


  • Most Expensive Watch Ever Sold In A Middle Eastern Auction At $461,000

  • Watch Sale Totals $3,327,188

  • 95 Watches Sold Above Estimate

  • Dubai Honors 55th Year Celebration Of Stand-alone Watch Sales At Christie’s

Dubai – The watch sale at Christie’s in Dubai this evening was 100% sold, a first for a Christie’s sale in the Middle East after 18 consecutive seasons. The 185 lots offered sold for a combined total of $3,327,188 / AED 1,693,253 with a very rare platinum and 18k pink gold Patek Philippe minute repeating perpetual calendar Ref 5104P making the highest price when it sold for $461,000, also making it the most expensive watch ever sold at auction in the Middle East. This was the 4th watch auction held in Dubai and the largest, an indication of the growing interest in fine, vintage and unique watches from a increasing client base within the region. The sale welcomed bidders from 30 countries in the room, on the phone and with a strong internet presence of half of all registered clients, buying 12.5% of the sale. The top lot bought online was Lot 159 selling for $68,750, above its estimate. In addition, this was the first Christie’s Important Watch auction of 2015, marking the start of the 55th year for the international department.

Remy Julia, specialist in charge of the sale: “This was my first auction for Christie’s in the Middle East and I couldn’t have hoped for a better result for our consignors and our buyers – our first ever 100% sold auction in the Middle East! This fantastic result is a fitting way to begin the celebrations for our 55 years of stand-alone watch sales at Christie’s.”