The National previews Christie’s Dubai sale and Art Market Monitor will have live coverage tomorrow during the sale which takes place at 7pm local time or 3pm UTC:

Christie’s is expecting between US$8 million (Dh29.3m) and $12m in sales at its auction in Dubai, nearly twice the amount it expected from its last sale in April for about the same number of lots. April’s sale, which ended up bringing in $4.7m, turned out to be a positive surprise for the relatively young Middle East art market and sparked optimism for this month’s sale, said Michael Jeha, the managing director of Christie’s Dubai.

“I think in April people were very nervous,” Mr Jeha said. “I remember it was difficult to get people to consign because obviously it was the height of the financial crisis and people weren’t sure it was the right time to sell. The sale performed very well. It was over 80 per cent sold, so that really helped to restore confidence.”

Christie’s Expects Auction Sales to Double (The National)