Habsburg International Auction
Auction Announcement | Habsburg 2025 Dubai Royal Art Spring Auction
Auction time: January 12, 2025
Auction time: January 12, 2025
Auction Theme: Habsburg 2025 Dubai Royal Art Spring Auction
Auction time: January 12, 2025 (13:00-18:00 Dubai time)
Auction location: Pullman Dubai Creek City Centre Hotel, Dubai, United Arab Emirates
hotel's address: Road - Baniyas Rd, Port Saeed, Dubai, United Arab Emirates
Auction Company: Habsburg International Auction Co., Ltd
The Habsburg International Auction Company originated from the Habsburg family in the 19th century. The House of Habsburg was a German feudal ruling family with numerous branches in European history, mainly based in Austria and also known as the Austrian family. It is the second longest ruling feudal family in European history and has the widest ruling territory.
Dubai is the second largest emirate in the United Arab Emirates and the most populous city in the country, located on the southeast coast of the Arabian Gulf. Dubai's economy is diversified, covering multiple fields such as trade, finance, tourism, and real estate. It is the economic and financial center of the Middle East region, as well as the wealthiest city in the region, known as the "trade capital" of the Middle East and North Africa.
Pullman Dubai Creek City Centre
The Habsburg 2025 Royal Art Treasures Auction will be held at the Pullman Dubai Creek City Centre, located in the Daraa area of Dubai, at the specific address of (Road - Baniyas Rd, Port Saeed, Dubai, U.A.E.)
Dubai, Khalīfa Tower, Sunset View
It is relatively close to Dubai International Airport, about a 10 minute drive away, which is very convenient for guests transferring or traveling for business. Connected to Deira City Shopping Centre, the second floor of the hotel provides direct access to the shopping center, meeting the shopping needs of guests.
Here are some data and related information about the Dubai collection market:
Jewelry market: According to the mainstream media in the United Arab Emirates, the Declaration, it is expected that by 2024, the size of the UAE jewelry market will exceed 47 billion dirhams (approximately 91.674 billion yuan). According to market research firm Euromonitor, the UAE jewelry market is expected to grow at an average compound annual growth rate of 6.9% by 2029.
Real estate market: Dubai's real estate market is active, with approximately 20460 sales transactions completed in October 2024, representing a 13% month on month increase and a 32.7% year-on-year growth in transaction volume.
Main collection types:
Gold and Jewelry: Dubai is one of the world's largest gold trading markets, and gold holds an important position in Middle Eastern culture. Middle Easterners have a long-standing love for gold jewelry. In addition to gold, gemstones such as diamonds and emeralds, as well as various high-end jewelry, are also very popular. International top jewelry brands such as Cartier and Van Cleef&Arpels have important layouts in Dubai.
Jade: including jadeite and Hotan Jade, etc. The raw stones of Hotan Jade in Dubai are various and of high quality, with fine and uniform texture and high transparency, and the demand in the high-end consumer market continues to grow; The Dubai jade market is active in trading, and with the development of the Middle East economy, its demand continues to grow, and prices are also rising year by year.
Real estate: As a special "collectible", Dubai's real estate is also favored by many investors. The overall property prices are in a stable upward trend, with a median housing price of 1585 dirhams per square foot in October 2024, equivalent to approximately 32000 yuan per square meter, a year-on-year increase of 7.1%.
Trading activity:
Gold: The Dubai gold market is active in trading, with its influence radiating to the Middle East and even the world. Fluctuations in global gold prices directly affect the trading prices and scale of the Dubai gold market. When the global economic situation is unstable and investors seek safe haven, gold prices rise, and Dubai's gold trading will also become active.
Artworks and Antiques: Auction houses represented by Christie's and Habsburg actively conduct business in Dubai, with Christie's using private negotiations as the main method of conducting business, while Habsburg actively seeks buyers for Middle Eastern clients around the world. In 2021, Habsburg International Auction House held a large-scale private jewelry auction for Middle Eastern collectors.
Auction Company: Habsburg International Auction Co., Ltd
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