Showing posts with label Abu Dhabi. Show all posts
Showing posts with label Abu Dhabi. Show all posts

Sunday, 7 December 2025

32ct ‘Desert Rose’ Diamond Sets Auction Record in Abu Dhabi

32-carat fancy vivid orangy-pink diamond

A remarkable 32-carat fancy vivid orangy-pink diamond has achieved a new auction record at Sotheby’s inaugural Collectors’ Week in Abu Dhabi. The stone, known as the Desert Rose, sold for $8.8 million, exceeding its high estimate of $7 million.

The pear-shaped, 31.68-carat, VVS1-clarity diamond presented unmounted headlined the Precision & Brilliance: Prestigious Jewels & Watches from an Important Private Collection sale on 5 December. Sotheby’s confirmed it is now the most valuable orangy-pink diamond ever sold at auction.

Collectors’ Week featured five curated sales spanning luxury categories including automobiles, real estate, handbags, watches, and high jewellery, marking a major milestone for Sotheby’s presence in the UAE.

The remaining top jewellery lots included:

  • Tiffany & Co. Kashmir Sapphire Ring
    5.61-carat cushion-shaped Kashmir sapphire with round-diamond accents achieved $596,900, above its $550,000 high estimate.
  • Boucheron Colombian Emerald Ring
    Featuring a 7.88-carat emerald framed by 14 pear- and marquise-shaped diamonds, this piece sold for $508,000, slightly above expectations.
  • Cartier Colombian Emerald Ring
    Centred with a 4-carat step-cut emerald and flanked by pear-shaped diamonds, the ring reached $495,300, well beyond its $350,000 upper estimate.
  • Fancy Colour Diamond Ear Clips
    Set with 14 pear-shaped diamonds including D- to F-colour stones and fancy pink and fancy green gems the pair fetched $215,900, surpassing its $200,000 high estimate.

Other Top Jewellery Highlights

Patek Philippe Star Caliber 2000 Set
A complete set of four double-dialled clock watches in yellow gold, white gold, pink gold and platinum realised $11.9 million, achieving expectations.

Rolex Daytona “Albino” (circa 1971)
An exceptionally rare model sold for $952,500, narrowly missing its upper estimate.

Source: DCLA

Monday, 3 November 2025

31-Carat ‘Desert Rose’ Diamond Expected to Fetch $7 Million at Abu Dhabi Auction

31-Carat ‘Desert Rose’ Diamond Expected to Fetch $7 Million at Abu Dhabi Auction

Sotheby’s is set to showcase one of the world’s rarest diamonds during its upcoming series of luxury auctions and exhibitions in Abu Dhabi, held from 2 to 5 December at The St. Regis Saadiyat Island Resort. The events form part of Abu Dhabi Collectors’ Week, which will feature masterclasses, panel discussions, and curated exhibitions highlighting fine jewellery, timepieces, collector cars, luxury real estate, and other exceptional assets.

The highlight of the auction is “The Desert Rose”, a 31.86-carat fancy vivid orangy-pink diamond, the largest of its kind ever graded. This extraordinary pear-shaped gem—first unveiled in Sotheby’s “Beyond: The World’s Rarest Diamonds” exhibition earlier this year—makes its auction debut with an estimated value of USD $5–$7 million.

The timing of the event coincides with one of Abu Dhabi’s busiest weeks, which includes the Formula 1 Grand Prix, the Milken Institute Middle East and Africa Summit 2025Abu Dhabi Finance Week, and Bitcoin MENA. Together, these prestigious gatherings are expected to attract a global audience of collectors, investors, and cultural leaders.

Following Sotheby’s successful inaugural sale in Saudi Arabia earlier this year, the Abu Dhabi auctions further underscore the Middle East’s growing influence in the global luxury and cultural landscape. Saadiyat Island, home to institutions such as the Louvre Abu Dhabi, the forthcoming Guggenheim Abu Dhabi, and the Zayed National Museum, continues to establish itself as a world-class destination for art and high-value collectibles.

The Desert Rose diamond’s debut marks a milestone in coloured diamond history—its rarity, hue, and size exemplify the exceptional standards that define the world’s most coveted gems.

— DCLA News Team

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