Christie’s Dubai International Modern & Contemporary Art Results
Published May 4th, 2008
Christie’s fourth auction of International Modern and Contemporary Art held in Dubai tonight (30 April 2008) sold for a total of $20,062,850/ AED 73,630,660 / €12,952,576, bringing the collective total for sales this week to $40,142,150 / AED 147,321,691 /€25,915,772. The results demonstrate the quality and rarity of the works which were offered for sale as well as the incredible strength and vibrancy of the Middle East art market, and Christie’s dominant position within it. The top lot of the sale was Parviz Tanavoli’s The Wall (Oh Persepolis) which realized $2,841,000/ AED 10,426,470 / €1,038,771 - a new world record price for any Iranian artist at auction, more than doubling the previous record. In total, the auction established 71 new world record prices at auction.
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