Sotheby’s Middle East Newsletter

March 2021

2020 concluded with an exhibition of two of the most valuable artworks ever travelled to the Middle East by any auction house, featuring a masterpiece by Rembrandt and Sandro Botticelli’s Young Man Holding a Roundel, which sold for a staggering record of USD 92.1million in New York.

This March, Sothebys’ Dubai is delighted to welcome visitors to a travelling exhibition of highlight works from upcoming auctions (15-18 March) as well as Beyond the Auction Room, a private selling exhibition (27 March – 3 April) offering a curated selection of art and luxury items available for direct purchase. Our aim at Sotheby’s is to continue providing our clients with a constantly evolving programme to cater to our audiences and we remain committed to bringing new categories and masterpieces to the region. We look forward to welcoming you to our gallery soon.

We also continue to offer a wide range of services, including Private Sale opportunities, online valuations, and lending through Sotheby’s Financial Services. Given the increasing preference of many clients to engage with us in digital formats to discover, explore and bid on art and objects, we are confident we can deliver exceptional service and sales to our clients around the world.

With best wishes,

Katia Nounou Boueiz
Director
Head of Sotheby’s UAE


Dubai Travelling Exhibition

A fine illuminated Qur'an, Egypt, Mamluk, dated 920 AH/1514 AD, signed by Abu al-Fadl Muhammad ibn Abd al-Wahhab al-Shafi al-Sunbati al-Araj, dated 920 AH/1514 AD. Estimate: 300,000 - 500,000 GBP. To be sold in Arts of the Islamic World & India, 31 March 2021
A fine illuminated Qur'an, Egypt, Mamluk, dated 920 AH/1514 AD, signed by Abu al-Fadl Muhammad ibn Abd al-Wahhab al-Shafi al-Sunbati al-Araj, dated 920 AH/1514 AD. Estimate: 300,000 - 500,000 GBP. To be sold in Arts of the Islamic World & India, 31 March 2021

From 15 - 18 March, Sotheby’s Dubai is delighted to present a travelling exhibition of highlight works from upcoming auctions. The property on view in the galleries will include selected key works from the following categories:

Beyond the Auction Room

Alexander Calder, Highway, 1973, gouache and ink on paper, 74.9 by 109.9cm
Alexander Calder, Highway, 1973, gouache and ink on paper, 74.9 by 109.9cm Photo

Coinciding with Art Dubai, Beyond the Auction Room will take place from 27 March – 3 April and is a private selling exhibition offering a curated selection of art and luxury items available for direct purchase. The selection of art and luxury objects will include Jewelry, Watches, Contemporary Art and Fabergé.

Should you require any further information on our upcoming exhibitions, please contact Yasmeen.Gailani@sothebys.com

Virtual Valuations

Whilst our specialists remain at home and in-person appointments are limited, we are pleased to offer Virtual Valuations during this time. Join Sotheby’s Commissionaire Hans Lomulder as he explains our service. If you’re looking to part with something in your collection, whether it’s a painting, sculpture, design, jewelry, watches or wine, find out what it might be worth from one of our specialists. Whether you’re at home or out for your daily exercise, we will give you a face-to-face valuation whenever and wherever you are.

Please email Yasmeen.Gailani@sothebys.com to book an appointment.

Watch & Jewelry Valuations in Dubai

We are pleased to continue to offer our clients the opportunity to schedule a complimentary in-person watch or jewelry valuation with one of our specialists on the ground in Dubai.

To book your complimentary valuation please get in touch with one of our specialists.

Frédéric Watrelot, Senior Director, Watches - frederic.watrelot@sothebys.com
Sophie Stevens, Deputy Director, Jewelry - sophie.stevens@sothebys.com

Botticelli Record

Alessandro di Mariano Filipepi, called Sandro Botticelli, Portrait of a young man holding a roundel. Price realizes 92,184,000 USD
Alessandro di Mariano Filipepi, called Sandro Botticelli, Portrait of a young man holding a roundel. Price realizes 92,184,000 USD

Following a travelling exhibition to Dubai in December, Sandro Botticelli’s masterpiece Young Man Holding a Roundel achieved a record $92.2 million at auction in New York’s Old Master Painting auction. We are thrilled to have achieved a new record for the artist and for any Old Master painting sold at Sotheby’s. It is also the second most expensive Old Master painting ever sold.

L.A. Mayer Museum for Islamic Art Update

In September 2020, the L.A. Mayer Museum for Islamic Art in Jerusalem announced its decision to offer for sale a number of carefully selected pieces in order to secure the long-term future of the museum and expand its programs promoting intercultural dialogue. Now, thanks to the generous philanthropic intervention of The Al Thani Collection Foundation, a solution has been found which will ease the financial concerns of the museum whilst ensuring the pieces destined for sale be returned to the museum. The Al Thani Collection Foundation, a non-profit organisation whose core mission is to advance and promote art and culture, was introduced to the Museum’s board and the Israeli Ministry of Culture by Sotheby’s.

To read the full update please click here.

Private Sales

Even in uncertain moments, like the one we find ourselves in now, there are still many collectors who wish to sell or invest in art. Sotheby’s Private Sales works discreetly and seamlessly with buyers and sellers of world-class works of art throughout the year, independent of the auction calendar. Whether you are seeking a specific artwork for your growing collection or wish to sell, our global team of sale directors is ready to source, sell, advise and research on your behalf. To find out more about Sotheby’s Private Sales, please visit the page here.

Upcoming Auctions

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