DUBAI: Sotheby’s has launched a new summer auction in the UAE capital, further strengthening its presence in the Middle East and building on the success of a series of high-profile luxury events held in Abu Dhabi over the past year.
Titled “Abu Dhabi Collectors’ Edit: Materiality,” the online sale runs from June 24 to July 10 and is expected to achieve between $6.6 million and $9.7 million. Featuring just over 30 carefully selected lots, the auction explores the role of rare and precious materials in the creation of some of the world’s most sought-after luxury objects.
The sale spans Sotheby’s key luxury categories, including jewelry, watches, handbags, automobiles and high-performance bicycles. According to the auction house, the collection highlights how materials such as gold, titanium, carbon fiber and precious gemstones connect diverse luxury sectors through craftsmanship and innovation.
The launch follows the record-breaking Abu Dhabi Collectors’ Week, held in December, which helped to position the UAE capital as a growing hub for luxury collectors and investors.
“It was important for us to build on the remarkable momentum of our recent initiatives in Abu Dhabi at the earliest opportunity, and ‘Abu Dhabi Collectors’ Edit: Materiality’ represents the ideal next step — perfectly timed to conclude a season of successful luxury sales across our key strategic locations worldwide.
