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Hope and Ambition in Dubai’s Art Market

April 20, 2012 by Marion Maneker

Bloomberg offers an overview of market strength in Dubai which might be premature, especially since a main data point is supposed purchase of The Card Players by the Qatari Royal family.

Christie’s Dubai Mod Cont Arab, Iranian & Turkish = $4m

April 17, 2012 by Marion Maneker

Continue Reading

Christie’s Dubai Arab & Turkish Cont = $7.38m

October 26, 2011 by Marion Maneker

Christie's Dubai Mod & Cont = $7,980,875

April 21, 2011 by Marion Maneker

Christie's Dubai Mod/Cont Art Results

October 26, 2010 by Marion Maneker

International Modern and Contemporary Art in Dubai made $14,043,000 / AED 51,565,896, more than doubling the pre-sale estimate of $6.7 million and confirming Christie’s market leadership in the region.

The auction was 84% sold by lot. The buyer breakdown by lot was 60% from the Middle East, 28% from Europe, 10% from the Americas and 2% from Asia.

The sale concludes a record year for Christie’s in contemporary Middle Eastern art, with an increase of 117 percent over 2009.

2010 TOTAL RESULT – $29 million
2009 TOTAL RESULT- $13 million

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