
Gate Village, Building 5, Podium LevelIn May 2006, art market history was made when Christie's held its first auction of International Modern & Contemporary Art in the Middle East. Since then, Christie's has gone on to sell over US$200 million worth of art in Dubai and firmly established itself as the leading auction house in the region. In January 2007, Dubai held its inaugural sale of Jewels & Watches, establishing itself as an international auction centre alongside Geneva, Hong Kong, New York and London.
Christie's currently hold bi-annual sales in International Modern & Contemporary Art and Jewels & Watches. Held in April and October, the Dubai auctions continue to act as a major catalyst in the development of the art market in the Middle East.
In April 2008, Christie's sold a highly important sculpture by Parviz Tanavoli for US$2.8 million, the highest price ever achieved for a work of art at auction in Dubai and a world auction record for any Middle Eastern artist.
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