Timeless Insights: Frédéric Watrelot on Luxury Watches and Sotheby’s Auctions

Discover expert insights on luxury watch collecting in the Middle East with Frédéric Watrelot, Senior Director at Sotheby’s Dubai.

<p>A senior specialist in luxury watches, Frédéric Watrelot has been at the helm of Sotheby’s Luxury Watches Department since February 2019, as a senior director, based in Dubai. He came to the auction house with over twenty years of experience working with the world’s top watch retailers, bringing significant strengths to his role. Frédéric is well-regarded in the industry and has a reputation for approachability, charm, and expertise, all of which have served him well in fostering strong relationships with clients, media, and collectors alike. Frédéric started his career with the watches industry in America, Aspen in 1994, after which he spent several years as a regional brand manager for an exclusive Swiss watchmaker in Dubai. His intimate knowledge of the Middle East market and the world’s leading brands means he is well-positioned to advise Middle East-based clients on the consignment and acquisition of luxury watches from and for Sotheby’s auctions around the region and beyond. His role is also instrumental in introducing Sotheby’s bespoke services to clients, highlighting the house’s expertise as a dominant figure in auctioning luxury watches worldwide. Frédéric also plays a dual role in attracting new revenue and fresh audiences to the local market, taking the centuries-old auction house down a path that is fundamentally altering the way it conducts business in the Middle East.</p>

<p>Dubai Sotheby’s International Realty took some time out to understand how Frédéric looks after the region. We delved into the art of luxury watchmaking, what it takes to be a watch collector, and how awareness of the high-end watch market in Dubai has been strongly developed.&nbsp;</p>
<p>Frédéric has the answers and gracefully shared his insights.</p>
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<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/AD_4nXehcv2uCcp6qWQ8msj8kMzycfs4OEnOgeJM3DR4nAIoOFU8G1P_M19jxIFqelYG7qN3_VV2cIH7P60_LcSz6xiLQNaQzr9ZTGEt88bmzGoQqasigZS0GzEuQ7EkJ_0iEhgamdRbBX1i22P1m-3.jpg" width="500" height="766" loading="lazy" style="width: 500px; height: auto; max-width: 100%;" alt="Frédéric Watrelot on Luxury Watches "></p>
<h2>You arrived at Sotheby’s Dubai with more than 25 years of experience working with the luxury industry and high-end watch brands. What is your view of the Middle East market in terms of appreciation for watches?</h2>
<p>&nbsp;“I fondly recall how invaluable my time in retail was, offering me a foundational understanding of the market. Retail is where it all started. It’s where I met clients directly, and I got an immediate sense of what people are looking for. Moving from retail to wholesale and then to auctions allowed me to see the full spectrum of the watch industry. Post the pandemic particularly, the recognition of watches as a valuable asset has grown immensely. In the last five years, we’re looking at a palpable surge in interest. Thanks to the internet, the luxury watch market has truly become a global one. Watches are now on par with cars as an investment, and it’s wonderful to see people appreciating the craftsmanship and niche pieces in greater detail.”</p>
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<h2>What ignited your interest in watches and how old were you when you bought your first luxury watch?</h2>
<p>“I could talk a great deal on the subject of personal watches with sentimental value. I remember receiving one from my grandfather, I was probably about six or seven years old. Of no great value as such, the watch was priceless to me. It was a Seiko. This must have triggered the interest and ignited a passion for watches, for well-executed, well-designed objects. By the age of ten, I had received my first ever Rolex – a milestone that marked my entry into the sphere of more serious watch collecting. There’s something deeply fascinating about the patience and dedication required to craft these pieces. Just like Japanese woodworking, the attention to detail and the manual labour involved in creating a watch is something truly special.”</p>
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<h2>The nature of your career is symbolically linked to the concept of time. What does time represent to you?</h2>
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<p>“That's an interesting question. To me, time goes beyond just the passing of moments; it’s about craftsmanship and human ingenuity. It is about what you make with time. My appreciation for watchmaking comes from the intricate mechanics inside each piece. It’s like an art form, akin to other crafts I admire, such as Japanese woodworking. I have a great appreciation for the mechanical intricacy and complexity of such objects. What better way to represent time than through this dedication to watch artistry.”</p>
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<h2>Do you have a favourite personal timepiece or a brand that holds a special place in your life or collection?</h2>
<p>“Yes, it was the Seiko, actually. Another one is an FP Journe, a watch I took a big chance on a few years ago when I bought it. I traded a more commercial watch that I had for the FP Journe I really loved, knowing it would be expensive to maintain and that the reliability might not be as strong – after all, it’s a fine-tuned, handmade mechanical piece. At the time, I wasn’t sure it was a smart move, but it turned out to be a great decision, and I’ve done very well with it. I even wore it on my wedding day. I should’ve sold it a few years ago, but I haven’t been able to part with it. I’m terrible at selling my own watches – I do well for my clients, but when it comes to my own collection, it’s becoming a bit of a challenge because I’m running out of space in the safe.”</p>
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<h2>What trends have you observed in the Middle Eastern luxury watch market over the years, and how is Sotheby’s placed to provide for the growing trends?</h2>
<p>The new generation in the Middle East is moving away from overtly flashy pieces. They now prefer watches that are rare, collectible, and discreet. It’s not about status anymore; it’s about personal taste and investment potential. This shift is better aligned with broader global trends. We’re seeing more interest in brands like Cartier, which are now setting records at auctions. Sotheby’s has played a massive role in increasing the visibility of these pieces.”</p>
<p>“A broad part of my mandate here is to find new ways to target audience segments, especially among the younger spectrum. The Middle East has seen a growing focus on pre-owned luxury watches. For the past six years or so, the number of participants from the region in the luxury watch market increased to a large extent. I have served the luxury industry in the Middle East and Asia for many years now, providing the kind of solutions – that are expected from an auction house such as Sotheby’s –&nbsp; to a wide base of clients and key collectors, whether it was product availability or helping them refine their collections. The awareness for the market of high-end, collectable watches is very developed in Dubai. All the key brands are well represented throughout, with product availability of complications, limited editions, and ‘hard to find watches' coming to the auction house on a regular basis. What I love about auctions is that you get to work with unique pieces, pieces that have a story, pieces that you won’t find anywhere else.”</p>
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<h2>What advice would you have for aspiring collectors and what are some brands worth investing in?</h2>
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<p>“Given the vastness of the market, a collector should look for the right advice from the right source. Sotheby’s advisory and consultancy services – whether for a single purchase or for building and maintaining a collection – can show buyers why they should consider certain pieces from a particular maker, the models, and references that are of interest. I often tell collectors to consider themed collections, such as chronographs or classic pieces. Vintage watches, especially models like vintage Rolexes or deep-diving watches by Rolex, are in high demand. It’s about enjoying the craft, the design, and the history behind each watch. You should collect what you truly enjoy, pay attention to the finishing of the movement, and consider the servicing, as this will impact the longevity of the watch. I can think of brands like Patek Philippe, Vacheron Constantin, and Piguet which are all exemplary in movement design, and always adhere to highest standards of making, finishing, and testing.”</p>
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<h2>There are hundreds of brands that all claim to be luxurious, to some extent. How could all these brands coexist in this crowded space? Each brand needs to find its narrative to survive, right?</h2>
<p>“It comes down to marketing. Many brands create alluring narratives, sometimes out of thin air, often taking a single event and turning it into a much bigger story. We’ve seen a huge bubble in the watch market in 2021 and 2022, and with that came a flood of new brands – some more successful than others. I often wonder how all these watches can be absorbed by new buyers each year. Take Rolex, for example. They’re planning to increase production significantly in the coming years. In contrast, brands like Patek Philippe only produce around 40,000 watches a year, and some like F.P. Journe only 15 or 20. While there’s a watch for every price point, buyers are becoming more knowledgeable. They’re no longer just following trends; they want substance behind their purchase. Collectors tend to focus on the design and the time spent on crafting these pieces. When you have watches that are handmade, with every part polished by hand –&nbsp; that’s where the true value lies. The level of finishing is extraordinary, and when I explain this to my clients, they understand that, while money may come and go, value endures.”</p>
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<h2>With your knowledge in key markets across the Middle East, how do cultural nuances influence what buyers or collectors value most in these watches?</h2>
<p>“The Middle East is a unique market with a distinct mixture of tradition and modernity, where collectors equally veer towards both timeless pieces and bold, contemporary designs. A very proactive role that we lead in this region is educating the audiences to distinguish between what is value, history, provenance, craftsmanship, and items that are not worth paying attention to. For example, Saudi Arabia is growing rapidly in the watch collecting zone, though their tastes might evolve a bit more slowly compared to places like the UAE, which has been more avant-garde in its approach. Qatar is another example, with a younger generation choosing new brands and models with an incredibly sophisticated sense of style. The Middle East is a major player in the watch market, and this evolution reflects a broader shift. One of the region's advantages is the safety and security people enjoy here. Collectors can own watches and keep them at home without the same concerns about theft that we see in some European capitals, where the media often report stories of high-profile robberies. People here may feel more comfortable with visible, high-value timepieces, whereas in Europe, there is often more caution about showing such wealth.”</p>
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<h2>What excites you most in your role as Senior Director and Specialist at Sotheby’s? Are any specific opportunities or challenges unique to this region?</h2>
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<p>“My role is to help clients buy and sell watches through auctions, but often goes beyond that. We work across many categories, and I help place some of the rarest pieces with the right collectors, from art to jewellery. A couple of years ago, a client introduced me to one of his friends who decided to consign an entire collection of watches. We conducted a single-owner sale in New York, which was incredibly rewarding. Outside the watch world, I helped with some of the remarkable diamonds sold in Geneva last autumn, and it's moments like this that make the job so enjoyable and diverse. The Middle East, in particular, is a buyer’s market, so I rarely deal with sellers who are under financial pressure to sell. It’s more about matching clients with pieces that bring them joy. Recently, another client reached out, recommending someone who had a collection of watches they weren’t wearing. The pieces I got sent are extraordinary, so I’m hopeful I’ll be selling those watches at auction pretty soon.”</p>
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<h2>How do you see the market for rare timepieces moving forward in Dubai and the region overall?</h2>
<p>“Recent years saw inflation and prices on the rise. We’re now seeing a return to more grounded values, where buyers are getting watches to enjoy, rather than simply to invest. I always tell my clients: buy a watch because you love it. If you buy wisely, you’re likely to see your purchase maintain its value over time – and may even make a profit. Buying solely with investment in mind isn’t the right approach, as the market is never guaranteed. If you buy a piece you truly love and accept that it may lose some value, you’ll be able to enjoy it every day. If the value does drop, at least you’ve had the joy of wearing it. The younger collectors we see today are quite savvy – they understand the value of maintaining these pieces, and watches are much easier to care for compared to other luxury items like cars. These watches remain a wearable investment that can be passed down through generations. I believe it should be the real pleasure of owning a watch that will last that makes all the difference. Sotheby’s displays a large panel of classic, modern, pocket, and wrist watches sourced by specialists for those searching for rarity, quality, and provenance in the lots offered in our sales. Ultimately, my value mission is to find ways to match assets and audiences and grow the interest and appreciation of these remarkable pieces.</p>{{ include_custom_fonts({"__BentonSans_2d01b9":["Bold","Light","Regular"],"FreightBig":["Regular"]}) }}

<p>A senior specialist in luxury watches, Frédéric Watrelot has been at the helm of Sotheby’s Luxury Watches Department since February 2019, as a senior director, based in Dubai. He came to the auction house with over twenty years of experience working with the world’s top watch retailers, bringing significant strengths to his role. Frédéric is well-regarded in the industry and has a reputation for approachability, charm, and expertise, all of which have served him well in fostering strong relationships with clients, media, and collectors alike. Frédéric started his career with the watches industry in America, Aspen in 1994, after which he spent several years as a regional brand manager for an exclusive Swiss watchmaker in Dubai. His intimate knowledge of the Middle East market and the world’s leading brands means he is well-positioned to advise Middle East-based clients on the consignment and acquisition of luxury watches from and for Sotheby’s auctions around the region and beyond. His role is also instrumental in introducing Sotheby’s bespoke services to clients, highlighting the house’s expertise as a dominant figure in auctioning luxury watches worldwide. Frédéric also plays a dual role in attracting new revenue and fresh audiences to the local market, taking the centuries-old auction house down a path that is fundamentally altering the way it conducts business in the Middle East.</p>


In Conversation with Paul Redmayne, Sotheby’s Senior Vice President for Luxury Sales

Discover Paul Redmayne's journey in fine jewellery with Sotheby’s – rare gems, bespoke designs, and luxury redefined.

<p>For Paul Redmayne, fine jewellery is more than a possession—it’s a symbol of the stories we choose to tell, and a tangible link to the past. As Senior Vice President for Luxury Sales at Sotheby’s, jewels spanning centuries and continents pass through his expert hands each day: Golconda diamonds from the ancient mines of India, earrings once clasped by Marie Antoinette, extraordinary rubies from Mozambique. While his career has taken him around the world, from London to Paris to Hong Kong, one thing has remained constant for Paul: the power of jewellery to mark a moment of joy. Speaking with Dubai Sotheby’s International Realty, Paul reveals what fuels his passion, the art of sourcing the extraordinary, and why true luxury is always personal.&nbsp;</p>

<p><span style="font-size: 12px;"><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/AD_4nXdW_0eDbjY2wJh4-Zb76ZasxedMz-hrsIELraZbn7DaoWRL9SC0j5_dP3f47hSuhXbD-6XzJB2zvxXZni8CtqV1m__jUmJ4v0I0mVxw5VqHIWHZ2-3uVHoxfm-LFzoLgBDE-OnhzHBmt_kIC-2.jpg" width="700" height="679" loading="lazy" style="width: 700px; height: auto; max-width: 100%;" alt="Sotheby’s Senior Vice President "></span></p>
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<h2>Hi, Paul, thank you for joining us. Can you tell us a bit about yourself and your role in Sotheby’s?&nbsp;</h2>
<p>I’m the Senior Vice President for Luxury Sales at Sotheby’s. I specialise in jewellery, but I do sometimes lean into other areas of luxury items, such as watches and handbags. Sotheby’s operates in two strands of business—auctions and private sales. My role spans both, but my day-to-day focuses on private sales, i.e. clients looking to buy or sell precious items outside of the auction season.&nbsp;</p>
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<h2>Can you tell us more about your background in high jewellery retail and how it shapes your work today?</h2>
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<p>I spent 20 years in the luxury retail industry, working at length with brands like Cartier, Harry Winston, and Piaget. I lived in Paris for seven years, Hong Kong for ten , and now I’ve been in the auction world for the past seven years.</p>
<p>Essentially, I connect buyers and sellers. For example, if someone is looking for a vintage Van Cleef necklace from the 1940s, or a 50-carat flawless emerald cut diamond, I will source it for them. I also work with stones—whether it’s a sapphire, a pink diamond, or a blue diamond, I can source it and even set it. Following my years in retail, I have strong relationships with workshops around the world that create high jewellery for brands like Van Cleef &amp; Arpels and Tiffany &amp; Co. That means I can create bespoke pieces—perhaps a ring, a necklace, or a full wedding set with matching necklace, bracelet, earrings, and ring.&nbsp;</p>
<p>On the flip side, if someone is looking to sell a piece, I can help connect them with a potential buyer. Contrary to what many might expect, much of this is done via phone and WhatsApp, with many requests coming in by personal referral. It is not uncommon to be in the process of working with someone, then suddenly you have their sister, their friend, and others, messaging you to enquire about precious items they also wish to buy or sell. In this respect, every day is very different.&nbsp;</p>
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<h2>Maintaining trusted relationships is the backbone of what you do. What’s your secret to maintaining such strong connections with a diverse clientele?</h2>
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<p>Trust and transparency. I always approach things as if I were spending my own money. If I wouldn’t buy a piece myself, I’d never recommend it to a client. For instance, if someone is looking for a 10-carat Kashmir sapphire and I source one that meets the criteria but doesn’t quite have the rich shade of blue expected from a true pedigree stone, I will be honest and upfront. I’ll explain that while the stone has three certificates, is Kashmir, and is priced well, it falls slightly short of being exceptional. If time allows, I’ll offer to search further to find something that truly stands out. Same with a pink diamond: if I find a 5-carat vivid pink diamond that ticks the boxes but doesn’t have that exact rich bubblegum pink that really pops, I will be upfront with the client and advise them on their options – and of course, they may still choose to buy the item and that’s fine but they’ll know they can rely on me for not only expert but also objective advice.&nbsp;</p>
<p>It ultimately boils down to being straightforward and transparent, giving clients all of the information needed to help them make an informed decision.&nbsp;</p>
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<h2>You must deal with some incredible pieces. Can you share a memorable example?</h2>
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<p>Many of the pieces I deal with are under the radar. Often, a client may be gifting something and doesn’t want it to appear in a public auction, or they’re looking for a special gift where the recipient shouldn’t know the price paid. Public auctions make this information accessible, so much of what I do remains private. That said, I’ve worked with some incredible jewels, and one of my personal passions is Golconda diamonds. These diamonds come from the original diamond deposits in India—discovered long before the diamonds of Brazil in 1725 or South Africa in the 1860s. Up until 1725, nearly all the world’s diamonds came from India, and Golconda diamonds are known for their exceptional quality, both in white and colored stones.</p>
<p>I love them not only because they’re stunning but because of their historical significance. They possess a beauty that modern diamonds simply can’t replicate, especially when viewed in candlelight, which was the light source of their time. They emanate a gorgeous soft glow and have a unique cut, since they were crafted using techniques far different from today’s. I have a client who shares this love of Golconda diamonds, and it’s incredibly satisfying to source such a rare piece and place it with someone who truly understands and appreciates its history, beauty, and value.&nbsp;</p>
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<h2>What sets Sotheby’s apart when it comes to fine jewels?&nbsp;</h2>
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<p>It’s our ability to go beyond the surface and create items that are truly bespoke. For instance, I recently worked with a gentleman who commissioned a ring for his wife’s birthday. They’d just welcomed their second child, and he wanted a truly special piece. I sourced a beautiful Golconda diamond for the centerpiece, which he loved, and we designed the ring from scratch.</p>
<p>To make it even more bespoke, I suggested adding a subtle, personal touch inside the ring—something only he and his wife would know about. We included two tiny diamonds: a 0.02-carat diamond for their eldest child and a 0.01-carat diamond for their newborn, set discreetly inside the band. We also engraved the children’s birthdates. For me, it’s about more than just jewellery—it’s creating a connection and a moment. He loved it, his wife loved it, and it became more than a ring. It’s a story and a keepsake that carries deep personal meaning.&nbsp;</p>
<p>This is just one example, but it’s those details, that level of care, and the craftsmanship behind the scenes that make all the difference. It’s bespoke, and it’s human, which is exactly what our clientele expects—and deserves.</p>
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<h2>You now live in Dubai after years in Paris, London, and Hong Kong. How does it compare?&nbsp;</h2>
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<p>I absolutely love living in Dubai, it’s fantastic for us as an international family. I’m British, my wife is Lebanese, and we have two daughters. One was born in London, the other in Hong Kong, where we lived for 10 years before moving to Dubai in 2022. For us, Dubai has always felt like home from home. It’s where I met my wife, where we married, and where she was raised, so the city has been part of our story for a long time.&nbsp;</p>
<p>Dubai just offers so much: the lifestyle, the opportunities, and its location as the middle of the world. The proximity to Europe and Asia is incredibly convenient for what I do, and with Emirates flying nearly everywhere, you can get to almost any destination with ease.&nbsp;</p>
<p>We arrived in 2022, right as Dubai was experiencing the post-Covid uplift, and the energy here has been extraordinary. Abu Dhabi is also going from strength to strength, and the entire GCC region is thriving. Having worked in luxury for so long—starting my career on Bond Street, then in Paris—I can say that GCC clients have always been the foundation of the luxury industry. They are incredibly loyal, with a deep appreciation for quality and heritage.</p>
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<h2>Are there differences in taste between clients in the GCC and those in, say, Hong Kong?</h2>
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<p>There’s definitely a difference in taste when it comes to clients in the GCC compared to other regions, particularly after spending 10 years in Hong Kong. For instance, with necklaces, a typical Asian buyer often prefers what I call a Y-shaped design—a single line of stones that hugs the neck and drops elegantly into a décolleté. In contrast, GCC buyers tend to gravitate toward bib-style necklaces, often as part of a full set that includes matching earrings, a bracelet, and sometimes a ring. There’s also a greater appetite for experimenting with colour here.&nbsp;</p>
<p>Crucially, the Emirates offers a sense of safety and security that encourages people to actually wear their jewellery more freely. Watches, handbags, and fine jewels aren’t just stored away—they’re worn and enjoyed. Whether it’s for lunch, dinner, or a packed calendar of social events, there’s always an opportunity to showcase these pieces. This creates a faster-moving appetite for luxury, as clients look to “refresh” their collections with new pieces.</p>
<p>Another difference is buyer motivation, as clients in the GCC tend to be more inclined to buy purely for the joy of it. Of course, there are collectors who consider long-term value and investment, but many buyers—especially women purchasing for themselves—simply fall in love with a piece. It’s not always about the five- or ten-year return; it’s about the immediate beauty and pleasure of wearing something extraordinary.</p>
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<h2>What excites you most about the future of jewellery?</h2>
<p>I’m passionate about bespoke design and contemporary jewellery. Instagram has been a game-changer, providing a platform for emerging designers to showcase their work. We’re collaborating with Anna Martin, a British designer with a punk aesthetic, for a private selling exhibition in January. She’s partnered with Guy Berryman from Coldplay to create a collection, and we’re tying it into their Abu Dhabi tour. Projects like this bring fresh energy to the industry.</p>
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<h2>What’s a career highlight you’ll always cherish?</h2>
<p>Holding antique pieces like the extraordinary Anglesey three-stranded diamond necklace which has the most unbelievable origin story mixing true historical milestones as well as&nbsp; the darkening of Marie Antoinette’s ill-fated reputation. Or the Eternal Pink diamond which was the most outstanding pink diamond I have ever seen in my career, boasting an incredible bubble gum pink colour. Those two are pretty special highlights for me. Jewellery is inherently tied to joyful moments, and it’s a privilege to play a part in those stories.</p>{{ include_custom_fonts({"__BentonSans_2d01b9":["Bold","Light","Regular"],"FreightBig":["Regular"]}) }}

<p>For Paul Redmayne, fine jewellery is more than a possession—it’s a symbol of the stories we choose to tell, and a tangible link to the past. As Senior Vice President for Luxury Sales at Sotheby’s, jewels spanning centuries and continents pass through his expert hands each day: Golconda diamonds from the ancient mines of India, earrings once clasped by Marie Antoinette, extraordinary rubies from Mozambique. While his career has taken him around the world, from London to Paris to Hong Kong, one thing has remained constant for Paul: the power of jewellery to mark a moment of joy. Speaking with Dubai Sotheby’s International Realty, Paul reveals what fuels his passion, the art of sourcing the extraordinary, and why true luxury is always personal.&nbsp;</p>


In Conversation with Claire Marie – Luxury Handbags and Accessories Specialist Sotheby’s Dubai

Exclusive insights with Claire Marie, Sotheby’s Dubai specialist, on luxury handbags, trends, and the growing Middle Eastern market.

<p>An irresistible French accent sets the tone for our conversation, and heaps of natural beauty and charisma make Claire Marie one of the most attractive persons in the room. From Paris to Hermès London and Sotheby’s Dubai, her career has gone from strength to strength, spanning two decades in luxury leather goods. Dubai Sotheby’s International Realty caught up with Claire to talk all things bags, as she naturally is the undisputed expert in the luxury handbags and accessories market. We have asked Claire Marie what these remarkable pieces represent to her on a personal level, the success of certain models – a phenomenon that involves several criteria – and how luxury resale has become a household trend.</p>

<p>Read on to find out how a good handbag is always a great conversation starter and watch how Claire Marie elegantly turns the spotlight on some of the finest collectible handbags that graced her hands at Sotheby’s and beyond.</p>
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<h2>From Hermès to Sotheby’s: For the Love of Handbags</h2>
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<p>Having spent 12 years of her professional life in Paris and 12 years in Hermès, London, Claire has had the privilege of meeting clients from all corners of the world – including the Middle East – which led to forming lasting connections, especially with auction house professionals who frequently sought her opinion on the authenticity of certain pieces. It was her passion for the industry that led her to Sotheby’s, a transition that felt entirely natural, an opportunity to explore new territories in a field that perfectly matched both her experience and personal interests. Claire works in authentication and valuation, presenting for auction designer handbags and accessories from names such as Hermès, Chanel, and Louis Vuitton, and helping clients build or refine their collections. The auction house is one of the few places where one can reliably buy an authentic luxury bag in impeccable condition and fair price. It is an equally compelling investment choice, with pieces such as Kelly and Birkin celebrated as assets with enduring value.</p>
<p>Over the past decade, Sotheby’s has seen its handbag business grow substantially in the Middle East, driven by growing demand for pieces like the Hermès Birkin and Chanel flap bag. Social media has also played a role in this shift, with younger generations becoming more interested in and knowledgeable about the accessories market, especially when it comes to collecting.&nbsp;</p>
<p>&nbsp;</p>
<h2>Middle Eastern Trends</h2>
<p>It has been most interesting to observe the growing trends in the Middle Eastern luxury market, said Claire: “Middle Eastern clients are some of the most knowledgeable handbag collectors I’ve encountered. They travel the world to acquire the best pieces, often from Europe and the U.S., and they’re not shy to spend to get what they want. In the Middle East, however, the market veers towards newer items, with a focus on exclusive pieces rather than vintage ones, unlike in Europe where vintage and second-hand items are widely revered. While Europeans tend to embrace vintage for history and character, Middle Eastern clients are more drawn to the latest releases.”</p>
<p>The auction house understands the need to educate and keep clients interested in the Middle Eastern market. They are betting heavily on limited editions while also educating consumers on the importance of acquiring not just a rare, vintage bag but also unique designs that are no longer available in stores. Claire believes the luxury handbag market in the region will see a significant shift towards sustainability and the appreciation of second-hand products, and she fully intends to bring that enthusiasm to her Middle East client base. Claire educates clients on brands that hold their value and plans to mirror the same success Sotheby’s holds in other regions – like Europe and America – across the Middle Eastern market.</p>
<p>“I believe that educating clients on the value of second-hand and pre-owned items could help shift the mindset. Buying vintage can be a great opportunity to access unique colours, sizes, and designs that are no longer available.”</p>
<p>&nbsp;</p>
<h2>What Brands Sit at The Very Top?</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20(43).jpg" width="624" height="624" loading="lazy" alt="unnamed (43)" style="height: auto; max-width: 100%; width: 624px;"></p>
<p>We asked Claire what defines a truly collectable handbag, and if we were to link the luxury handbag market to a pyramid, which brand would sit at the top? Plainly obvious, the holding value of a Hermès is unchanging. The Birkin bag has real visibility and real impact – Hermès’ success remains a phenomenon. Close behind, another two leaders are catching up, in terms of both price and quality – Chanel and Louis Vuitton. Current trends also point to a high preference for neutral colours and specific styles like the mini Kelly.</p>
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<p>&nbsp;</p>
<p>For Claire, a collectable handbag is more than a luxury item. With the right combination of rarity, provenance, craftsmanship, and materials, a handbag becomes an ‘object d’art’. Such bags carry a certain identity and have a storied past where the character is already embedded in the piece.</p>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20(45)-1.jpg" width="624" height="624" loading="lazy" alt="unnamed (45)-1" style="height: auto; max-width: 100%; width: 624px;"></p>
<p>&nbsp;</p>
<p>"Many factors combined make a handbag a collectable work of art. Provenance, limited editions, singularity, and exotic materials such as crocodile or lizard skin all play a role in defining a piece that is considered collectable. The next upgrade beyond that would be diamonds and crystals. Craftsmanship and durability are equally important because these bags are heritage pieces that can be passed down through generations. French craftsmanship, in particular, has a strong appeal due to its long history and the prestigious designers associated with it.”</p>
<p>&nbsp;</p>
<h2>Sourcing and Valuation</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20(46).jpg" width="624" height="417" loading="lazy" alt="unnamed (46)" style="height: auto; max-width: 100%; width: 624px;"></p>
<p>Claire describes the process of sourcing as a combination of modern tools and personal relationships. Sotheby’s online platform allows clients to submit detailed requests for valuations, including item descriptions, photos, and proof of purchase. Claire then proceeds to assess the condition, age, and rarity of each piece to determine its value. Transparency in this process builds trust with clients, and Sotheby’s ensures every piece is validated and properly appraised via certification. Claire understands the nuances of clients’ collections and is able to guide them toward more exotic and valuable pieces as their tastes evolve. “It’s not just about selling items; it’s about helping people build something meaningful and continuing the legacy of these pieces into the rightful hands of the collectors,” she says, reflecting on the intimate nature of her role.</p>
<p>&nbsp;</p>
<h2>Sotheby’s Proactive Role in the Middle East</h2>
<p>As Sotheby’s takes the next step in its long-term commitment to the region, the company’s position in the market will only strengthen. People trust the authenticity of what the auction house sells, and with access to a global network, Sotheby’s is uniquely positioned to help clients buy and sell rare and valuable pieces. “There’s no one in the Gulf to offer what we offer on such a scale. If people wish to sell or buy, they need to go through us, not every reseller on the market can operate at such a level, working with global markets. This makes us very singular and effective at what we do.”</p>
<p>&nbsp;</p>
<p>Some of the most frequently asked questions from clients in the region are about the auction process.&nbsp;</p>
<p>&nbsp;</p>
<p>“Many clients don’t fully grasp how the auction process works, especially when it comes to terms like ‘low estimate,’ ‘high estimate,’ ‘reserve price’ and the actual sale price. In the Middle East, there's a tendency to expect high prices upfront at bidding, but we start with a low estimate to attract bids from around the world and then aim for the highest return possible. Clients also ask about consigning pieces versus selling them outright, which is another key differentiator between our approach and resale stores."</p>
<p>Looking ahead, Claire is excited knowing the future of the luxury market in the Middle East is as highly active as it is ever-growing. “We’ve seen such growing interest, especially with the auction we’re organising in Saudi Arabia in February 2025. This is a dynamic time for culture in The Kingdom where Sotheby’s has been active for quite some time. It is an important milestone for us committing to a physical presence in Riyadh and hosting our inaugural auction Origins to mark the occasion. I’m super excited to see how it unfolds”</p>{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"],"FreightBig":["Regular"]}) }}{{ include_custom_fonts({"__BentonSans_2d01b9":["Light","Regular"],"FreightBig":["Regular"]}) }}

<p>An irresistible French accent sets the tone for our conversation, and heaps of natural beauty and charisma make Claire Marie one of the most attractive persons in the room. From Paris to Hermès London and Sotheby’s Dubai, her career has gone from strength to strength, spanning two decades in luxury leather goods. Dubai Sotheby’s International Realty caught up with Claire to talk all things bags, as she naturally is the undisputed expert in the luxury handbags and accessories market. We have asked Claire Marie what these remarkable pieces represent to her on a personal level, the success of certain models – a phenomenon that involves several criteria – and how luxury resale has become a household trend.</p>


Katia Nounou Boueiz, Deputy Chairman of Sotheby’s Middle East

Behind the Curtain: In Conversation with Katia Nounou Boueiz, Deputy Chairman of Sotheby’s Middle East

Discover how Katia Nounou Boueiz is transforming Sotheby’s Middle East into a global art hub, blending culture and innovation.

<p style="text-align: center;"><em>When Katia Nounou took the helm of Sotheby’s Dubai office in 2017, she wasn’t just opening doors to an office—she was opening the Middle East to the global art market.</em></p>

<p style="text-align: center;">It is a quiet day in Dubai, but for Katia Nounou Boueiz, the day is anything but. From unveiling masterpieces for the first time in the UAE to orchestrating high-profile events, her days are marked by art and action in equal measure, and somewhere in the mix, a Picasso or Botticelli might find its way through her capable hands. As Deputy Chairman of Sotheby’s Middle East, Katia has spent the past seven years weaving connections that anchor the global art world in this burgeoning market. Speaking with Dubai Sotheby’s International Realty, she shares the story of a region that’s stepping into the spotlight, opening its doors to the international art stage and transforming its cultural landscape with fervour.&nbsp;</p>
<p>&nbsp;</p>
<h2>A Blank Canvas Of Opportunity</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/Katia%20Nounou%20Boueiz%2c%20Sothebys%20Deputy%20Chairman%2c%20Middle%20East_1-jpg-Oct-12-2025-09-37-44-2787-AM.jpg" loading="lazy" width="800" height="533" style="width: 800px; height: auto; max-width: 100%;" alt="Behind the Curtain: In Conversation with Katia Nounou Boueiz, Deputy Chairman of Sotheby’s Middle East"></p>
<p>Katia joined Sotheby’s London at a catalytic moment for the global economy: in 2008, just before the financial crisis. With a degree in French Literature from the prestigious University College of London to hand, she began her career at Sotheby’s working in the private client sector, nurturing the Middle Eastern client base from London.&nbsp;</p>
<p>She said: “After graduating, I went straight into the private client group, with a special focus on growing the Middle Eastern client base. A key goal here was to nurture a new generation of collectors, including the sons and daughters of existing collectors already tied to the region, which we did by hosting young collectors events.”</p>
<p>“2008 was certainly a strange time to enter the workforce—just before a global financial crisis—but it taught me very quickly that we are a resilient company that is able to innovate and adapt to changing circumstances. It’s how we’re still in business over 280 years since we first started trading,” she added.</p>
<p><span style="color: #000000;">In 2015, Katia relocated to Dubai with her husband. Shortly after, she was presented with a momentous opportunity: to establish the first Sotheby’s office and gallery in the Middle East. Balancing the demands of leadership and motherhood with two babies under two, she embraced the challenge and officially opened the doors to Sotheby’s Dubai in 2017.</span></p>
<p><span style="color: #000000; background-color: #ffffff;">“It was a daunting yet exciting challenge,” she said. “Having already spent years in the company, I knew the brand inside and out and felt a deep loyalty to it. This connection made the task of introducing a historic auction house to a new region incredibly rewarding.”</span></p>
<p><span style="color: #000000;">A natural bridge between cultures, Katia grew up in London and went to a French school. She is deeply rooted in the Middle Eastern region by way of her Iraqi and Iranian parents – a perfect pairing for a city as cosmopolitan as Dubai, where 80% of the population is expatriate. She said, “Unlike London or New York, where collecting has been woven into the cultural fabric for centuries, the UAE market is nascent but rapidly evolving, fuelled by a surge in art collectors moving to the Emirates. Today, we are seeing more prestigious galleries opening, such as the Guggenheim and Louvre in Abu Dhabi, more exhibitions visiting, and a growing number of people who simply want to grow their collections, whether it’s vintage cars, jewellery, or art. This ecosystem just didn’t exist in 2015.”</span></p>
<p><span style="color: #000000;">She added, “The joy of collecting in Dubai is that people feel safer embracing the lifestyle that comes with collecting, whether it’s wearing the precious stones they purchase, or actually displaying valuable paintings on the walls of their home.”</span></p>
<p>&nbsp;</p>
<h2>A Turning Point: When Rembrandt Met The Middle East&nbsp;</h2>
<p>They say greatness demands risk, and Katia proved this precisely in 2019 when she brought a religious Rembrandt masterpiece to Dubai for the first time.&nbsp;</p>
<p>“In the early stages of opening in Dubai, I contacted the head of the Old Masters department in London and asked if I could showcase this particular Rembrandt to Dubai, the Head of a Young Man with Clasped Hands. This painting depicts a young man in prayer as Jesus Christ, so the concern was that the painting would not resonate well in a Muslim country.”</p>
<p>After some persuasion, and with full confidence that the market would rise to the occasion, Katia arranged a spectacular unveiling of the masterpiece in Dubai, inviting the Minister of Culture and the Directors of the Louvre Abu Dhabi.&nbsp;</p>
<p><span style="font-size: 14px;"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe2db2ezGYzfZmpgVHtlY1k2RCtVbSLSEXeWDGvfTjcTE2ayD6uaqPYgACdLYvaM8t8JX0BwDr5gotx9cS3M-lBOrUJYejMxi0YroVj9SxeCC6P_tRfWoH97Y2uLhs32uN42_UWtg?key=dLet5C3jeOcz52wkfKGF0pxT" alt="Behind the Curtain: In Conversation with Katia Nounou Boueiz, Deputy Chairman of Sotheby’s Middle East" loading="lazy" width="555" height="362" style="width: 555px; height: auto; max-width: 100%;"><br></span></p>
<p>In a moment that Katia describes as coming ‘full circle’, the Louvre Abu Dhabi acquired the piece within two months of it being unveiled. “This was the first time we saw a huge result from bringing a painting such as this to Dubai. It was a risk, but it was one of those things that just worked on an energetic level,” she reflected.&nbsp;</p>
<p>Other masterpieces exhibited by Sotheby’s in Dubai include Botticelli’s Young Man Holding a Roundel, which set a record in 2020 as the highest-value painting ever brought to the Middle East by an auction house at $80 million. This record was surpassed in 2023 after Picasso’s monumental Femme à la Montre was unveiled in Dubai as the first stop on its world tour. It also marked the first time the piece had been displayed outside of America in over 50 years.&nbsp;</p>
<p><span style="font-size: 14px;"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfjpBhWQHFNN8MlJ2XqYBEyTpLv3bd1iYMFCnMl-MQSo7fUfXmrgBTH2vy4W9wYw-Ye2cQKkoWY0-J4NxlInNjMjq5hI2W-lMhGJg4ZcQpyez5_xVyykS9qTVk6yh4x7H0XNeJZ?key=dLet5C3jeOcz52wkfKGF0pxT" alt="Behind the Curtain: In Conversation with Katia Nounou Boueiz, Deputy Chairman of Sotheby’s Middle East" loading="lazy" width="623" height="415" style="width: 623px; height: auto; max-width: 100%;"><br></span></p>
<p>It isn’t only centuries-old masterpieces passing through the galleries and auctions of Sotheby’s Middle East – a number of era-defining contemporary pieces are also regularly showcased, a notable example being Maurizio Cattelan’s contentious Comedian. A highly provocative piece of conceptual fine art, Comedian is the famed banana taped to the wall, positioned exactly 1.6 metres above the ground. Several days after the piece was showcased in Dubai Sotheby’s in November, Comedian sold at a Sotheby’s auction in New York for a staggering $6.2 million, attracting a slew of media headlines exploring the meaning of art and value.&nbsp;<br>The piece, as critiqued by art adviser Rob Teeters, is a “perfect representation of the times that we're living in, which celebrates spectacle.”&nbsp;<br>Local artists have also enjoyed the spotlight in Sotheby’s under Katia’s leadership. “There is a huge appetite for local artists, and we always have a strong presence of Emirati artists in our galleries and auctions because the demand is very much there. I am a keen collector of such works,” she said.&nbsp;<br>Sotheby’s latest initiative, the <span style="font-family: __BentonSans_2d01b9; font-weight: 400;">Gallery Collective</span>, further celebrates regional creative talent. Partnering with ten local galleries—including Leila Heller Gallery, Tabari Artspace, and Zidoun-Bossuyt Gallery—it transforms the DIFC space into a rotating showcase of boutique exhibitions, refreshed every six to eight weeks. The collective launched in November 2024 and will run for two years.</p>
<p>&nbsp;</p>
<h2>Abu Dhabi Is Emerging As A Cultural Powerhouse&nbsp;</h2>
<p>The Middle East is no longer on the periphery of the international art world – quite the contrary. Earlier this year, ADQ, an Abu Dhabi sovereign wealth fund, invested a staggering $1 billion into Sotheby’s, reaffirming its ambition of positioning the UAE and its neighbours at the forefront of cultural innovation and artistic excellence. This comes alongside the upcoming Guggenheim Abu Dhabi, a masterpiece of postmodern architecture set in the prestigious Saadiyat Cultural District, and the Louvre Abu Dhabi, which opened in 2017.&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Read more: </strong><a href="https://sothebysrealty.ae/the-journal/abu-dhabi-invests-1-billion-in-sothebys/"><span>Abu Dhabi Invests $1 Billion in Sotheby’s</span></a></p>
<p>Beyond the UAE, Sotheby’s is set to host its first-ever auction in Riyadh in February 2025 – a landmark event that signals the inauguration of Saudi Arabia into the world’s most prestigious luxury items market.&nbsp;</p>
<p>These developments symbolise a wider paradigm shift: one where the Middle East is no longer simply a market for wealthy nationals and international collectors, but<strong> </strong>a creator, curator, and custodian of cultural capital.&nbsp;</p>{{ include_custom_fonts({"__BentonSans_2d01b9":["Bold","Light","Regular"],"FreightBig":["Regular"]}) }}

<p style="text-align: center;"><em>When Katia Nounou took the helm of Sotheby’s Dubai office in 2017, she wasn’t just opening doors to an office—she was opening the Middle East to the global art market.</em></p>


Most Exciting Racing Cars at the RM Sotheby’s Monterey Auction

A Look at the Most Exciting Racing Cars at the RM Sotheby’s Monterey Auction

Discover rare racing legends at RM Sotheby’s Monterey auction: Ferrari, Porsche, McLaren, and more. A must-see event for car enthusiasts and collectors.

<p>One of the most enduring partnerships in the automotive world returns to California’s picturesque Monterey Peninsula for the 27th year. Monterey Car Week and RM Sotheby’s have routinely showcased rare gems at auction, such as 2023’s Lost and Found Collection. This lot of 20 Ferraris that had languished in storage for decades found new life in the event’s spotlight. RM Sotheby’s ended up claiming five of the top ten sales of that week, more than any other auction house present.</p>

<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/shutterstock_2283622407.jpg" width="1024" height="683" loading="lazy" alt="A Look at the Most Exciting Racing Cars at the RM Sotheby’s Monterey Auction" style="height: auto; max-width: 100%; width: 1024px;"><br><br>This year’s lots include a number of vintage roadsters and competition cars that have participated in the most prestigious racing events, from F1 to Le Mans, as well as a vehicle that embodies the spirit of a racer in the body of a street car.</p>
<h2><br><br>1955 Ferrari 410 Sport Spider by Scaglietti</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/1955%20Ferrari%20410%20Sport%20Spider%20by%20Scaglietti-jpg-Oct-12-2025-09-42-39-7165-AM.jpg" loading="lazy" width="1600" height="1067" alt="1955 Ferrari 410 Sport Spider by Scaglietti"></p>
<p>This was one of 4 cars designed specifically to tackle the Carrera Panamericana, a rally across the length of Mexico that’s divided into 9 stages taking place across a span of 5 days. It is widely considered to be one of the most dangerous races in the world and it calls for a racing machine that can glide over uneven roads. Ferrari fitted the 410 Spider with a low frame that had a shorter wheelbase and was powered by its largest engine, a 4,961 cc V-12. The race for that year was cancelled before the Spider could compete and it instead made its debut and earned its first victory at the Palm Springs Road Races in 1956 as part of the Scuderia Parravano. Mounting legal issues forced Parravano to flee to Mexico, and the 410 was among the vehicles that he took with him.</p>
<h2><br><br>1957 Ferrari 625 TRC Spider by Scaglietti</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/1957%20Ferrari%20625%20TRC%20Spider%20by%20Scaglietti-jpg-Oct-12-2025-09-42-38-2702-AM.jpg" loading="lazy" width="1600" height="779" alt="1957 Ferrari 625 TRC Spider by Scaglietti"></p>
<p>The 625 TRC was the result of Enzo Ferrari’s ingenuity and ability to turn unfavourable conditions to his advantage. When the organisers of Le Mans reduced engine capacity to 2.5 litres as part of their sweeping changes to the event after the infamous 1955 disaster, Ferrari was quick to adapt to change and created the 625 LM, using the four-cylinder Tipo 625 Formula 1 engine. While that wasn’t as successful as expected, it did lead to the creation of the 625 TRC, which transplanted that same engine into the 500 TRC chassis. Only two such racers were designed for the South California racing circuit and this specific model became a fast favourite, achieving 21 top-three finishes and 10 victories over 40 races. It is fitted with the same Colombo V-12 that powered the 250 TR, but the original engine will also be packaged with the car.</p>
<h2><br><br>2002 Ferrari F2001b Formula 1</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/2002%20Ferrari%20F2001b%20Formula%201-jpg-1-Oct-12-2025-09-42-43-5540-AM.jpg" loading="lazy" width="1600" height="900" alt="2002 Ferrari F2001b Formula 1"></p>
<p>This car holds a special place in racing history because of its long association with Michael Schumacher and was an integral part of his 2002 racing season. It is one of only 30 chassis that he drove to victory. This was a modified version of the 2001 chassis that was on its way out and was meant to be an interim vehicle while the chassis for the 2002 season was in the final stages of design. Mechanical issues cast doubts on the 2001b’s ability to perform, but Schumacher laid those doubts to rest when he won the season’s opening race. He would go on to win the Driver’s Championship and the chassis would make its way into racing legend.</p>
<h2><br><br>1967 Ferrari 275 GTB/4 NART Alloy by Scaglietti</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/1967%20Ferrari%20275%20GTB4%20NART%20Alloy%20by%20Scaglietti-jpg-3-Oct-12-2025-09-42-37-2339-AM.jpg" loading="lazy" width="1600" height="950" alt="The North American Racing Team (NART) "></p>
<p>The North American Racing Team (NART) was one of four privately owned racing teams that were supported by the Ferrari factory in the 1960’s and was a powerhouse on the track. Team owner Luigi Chinetti really wanted to have the 1967 Ferrari 275 GTB/4 compete at the 24 Hours of Le Mans in 1969 but the vehicle was ineligible as its tires didn’t comply with the event’s standard. Instead, Chinetti opted to enter the car in the 24 Hours of Daytona race, where it had a strong showing.</p>
<h2><br><br>1954 Ferrari 500 Mondial Spider by Pinin Farina</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/1954%20Ferrari%20500%20Mondial%20Spider%20by%20Pinin%20Farina-jpg-Oct-12-2025-09-42-45-7028-AM.jpg" loading="lazy" width="1600" height="1000" alt="1954 Ferrari 500 Mondial Spider by Pinin Farina"><br><br>This is one of only 13,500 Mondial Spiders produced by Pinin Farina and had its first race only two months after completion – the Mille Miglia. After an impressive debut at the 1,000-mile race, the car became a frequent participant in Nordic racing. It tackled events like the Ljungsdalbacken and Hedemor, and set a Swedish speed record at Varpenloppet. It would return to the Mille Miglia during the 70’s and 80’s, and even competed at the Monterey Historic Automobile Races.</p>
<h2><br><br>1995 Ferrari F50</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/1995%20Ferrari%20F50-jpg-Oct-12-2025-09-42-44-6227-AM.jpg" loading="lazy" width="1600" height="900" alt="1995 Ferrari F50"><br><br>This car is a 50th anniversary model that was painstakingly built over 4 years. It is technically not a racer, but was designed by Pininfarina as an homage to Ferrari’s legendary racing models from the 1950’s and 60’s. It even features the same V-12 engine that powered its 1992 Formula 1 car, which results in an impressive performance on the road. This is not just a Ferrari ‘supercar’ – it is the closest thing that exists to a legally drivable F1 racer. Only 349 models were produced, of which this is the 47th and one of just 55 US deliveries. Its illustrious list of previous owners includes Oscar-winning actor Nicolas Cage, and the car is the holder of three Platinum awards, the most recent of which was awarded in 2023. It is being sold with all original accessories and documentation.<br><br></p>
<h2><br><br>1955 Porsche 550 Spyder by Wendler</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/1955%20Porsche%20550%20Spyder-jpg-Oct-12-2025-09-42-41-4208-AM.jpg" loading="lazy" width="1600" height="900" alt="1955 Porsche 550 Spyder by Wendler"><br><br>The 550 Spyder is the very first Porsche vehicle that was built specifically for racing, featuring an advanced design including a lighter aluminium body. Coupled with a 1,500 cc four-cam engine, the car became a force to be reckoned with on the track. This vehicle was the penultimate 550 Spyder ever built and was made for John von Neumann, a popular figure in Southern California racing who introduced brands like Porsche and Ferrari to the western United States. It faced the prospect of an early retirement after its debut race in 1956 but would go on to compete in more than 20 events between 1957 and 1958.<br><br></p>
<h2><br><br>2006 McLaren-Mercedes MP4-21 Formula 1</h2>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/Imported_Blog_Media/2006%20McLaren-Mercedes%20MP4-21%20Formula%201-jpg-Oct-12-2025-09-42-42-5207-AM.jpg" loading="lazy" width="1600" height="1200" alt="2006 McLaren-Mercedes MP4-21 Formula 1"><br><br>This vehicle holds a significant place in racing history. It was the first to use the new naturally aspirated V-8 engine by Mercedes-Benz after the end of the V-10 era and was designed by F1 legend Adrian Newey during his final season with the McLaren-Mercedes team. It was driven by Juan Pablo Montoya during his sixth and final F1 season, and it would be used to test the mettle of a young Lewis Hamilton at the start of his career. The MP4-21 is one of the rare cars driven by Hamilton that isn’t part of a factory collection.<br><br></p>
<h3><br>Final Take<br><br></h3>
<p>These are just a handful among an incredible selection of vintage roadsters and supercars that will be up for auction with RM Sotheby’s during Monterey Car Week. The event has always been a highlight of summer at the Monterey Peninsula, and the 2024 auction is one that no car enthusiast will want to miss.<br><br></p>
<p>&nbsp;</p>
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<p>One of the most enduring partnerships in the automotive world returns to California’s picturesque Monterey Peninsula for the 27th year. Monterey Car Week and RM Sotheby’s have routinely showcased rare gems at auction, such as 2023’s Lost and Found Collection. This lot of 20 Ferraris that had languished in storage for decades found new life in the event’s spotlight. RM Sotheby’s ended up claiming five of the top ten sales of that week, more than any other auction house present.</p>


RM Sotheby’s The Tegernsee Auction – Cars to Watch Out For

Discover the top cars to watch out for at RM Sotheby’s Tegernsee Auction, featuring iconic Porsches, Ferraris, Aston Martins, and more in a picturesque Bavarian setting.

<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/shutterstock_1892315491.jpg" width="1000" height="667" loading="lazy" alt="RM Sotheby’s The Tegernsee Auction" style="width: 1000px; height: auto; max-width: 100%;"></p>
<p>On the shores of the picturesque Lake Tegernsee hidden between the Bavarian Alps, RM Sotheby’s will be holding an exclusive auction in partnership with the new Concours of Elegance Germany. Taking place on the 27<sup>th</sup> of July at the Gut Kaltenbrunn, this stunning estate will offer guests centuries of Bavarian history set against the backdrop of the natural landscapes and waterbody surrounding it. Over 200 cars are expected to be taking part in Germany’s first Concours of Elegance and a highlight of the event is RM Sotheby’s Tegernsee Auction.</p>

<p>The auction will feature icons of automotive excellence throughout history, from legendary Porsches, vintage Ferraris, and Aston Martins to modern classics and a selection of rare and desirable cars. Here are some of our favourites set to show up on the block at the Tegernsee Auction.</p>
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<h2 style="font-size: 30px;"><strong>Top 5 Cars at the RM Sotheby’s Tegernsee Auction</strong></h2>
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<h3 style="font-size: 20px;"><strong>1955 Porsche 550 Spyder by Wendler</strong></h3>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20(16).png" width="1000" height="608" loading="lazy" alt="1955 Porsche 550 Spyder by WendlerRM Sotheby’s The Tegernsee Auction" style="width: 1000px; height: auto; max-width: 100%;"></p>
<p>The 550 Spyder was the first car Porsche ever made from the ground up to be a racecar. The car took part in some of the 1950s’s most revered racing events, including the Targa Florio, Mille Miglia, 24 Hours of Le Mans, and Carrera Panamerica, where it achieved surprising results against larger rivals from Maserati and Ferrari. The car was called the 550 for its meagre weight of 550 kilograms.</p>
<p>Only 90 examples of the 550 Spyder were built, and the example presented here was one of two cars for Portugal. It is believed to have scored class Podiums at races in Barajas and Monsanto in 1955. The car underwent a thorough restoration in the 1980s by Porsche at Zuffenhausen for a mechanical overhaul, while the original coachbuilder Wendler took care of the exterior. The car remarkably retains its number-matching engine, gearbox, and chassis making it a top choice for any Porsche collection.</p>
<p><em>Lot 126 | Estimated Price €3,500,000 - €4,200,000 EUR</em></p>
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<h3 style="font-size: 20px;"><strong>1965 Aston Martin DB Short-Chassis Volante</strong></h3>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20-%202025-10-28T160141.017.jpg" width="1000" height="563" loading="lazy" alt="1965 Aston Martin DB Short-Chassis Volante" style="width: 1000px; height: auto; max-width: 100%;"></p>
<p>The arrival of the DB6 in 1965 left Aston Martin with a handful of unused DB5 chassis built to a shorter wheelbase. Instead of discarding them, the factory decided to build a convertible that combined the sporting proportions of the current car with the DB6’s stylistic features. The result was the incredibly beautiful DB Short-Chassis Volante.&nbsp;</p>
<p>Only 37 were built, making the DB Short-Cassis Volante the rarest convertible series-production Aston Martin in history. It was also the first time the monicker ‘Volante’ – Italian for ‘Flying’ – was ever used on an Aston Martin, a name still displayed on their newer models. The car presented here is an early example and one of only 11 Short-Chassis believed to have been made in left-hand drive form.&nbsp;</p>
<p><em>Lot 114 | Estimated Price €1,000,000 - €1,400,000 EUR</em></p>
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<h3 style="font-size: 20px;"><strong>1966 Ferrari 275 GTB/6C by Scaglietti</strong></h3>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20-%202025-10-28T160203.739.jpg" width="998" height="566" loading="lazy" alt="1966 Ferrari 275 GTB/6C by Scaglietti" style="width: 998px; height: auto; max-width: 100%;"></p>
<p>The Ferrari 275 series was launched in 1964 after the success of the 250 series. They tasked the legendary automotive coachbuilder Pininfarina to design a beautifully aggressive bodywork. The 275GTB/6C was the last car designed with Pininfarina that was supervised by Pinn himself. It was the first road car to feature independent rear suspension that used a double-wishbone and coil-spring setup. The example presented here is considered to be the most desirable configuration of the 275. It features a ‘Long Nose’ Scaglietti body fitted with six Weber carburettors and a torque tube on the transaxle. The car is finished in its factory-correct colour combination of Amaranto over a Beige Conolly leather interior. It was fully restored by Bacchelli &amp; Villa in 2004 and has been certified by Ferrari Classiche in November 2005 and reinspected in May 2024, proving that it retains its matching-numbers engine and transaxle. The car has also won the 2024 Cavallino Modena Platinum Award and is eligible for prestigious events like the Ferrari Cavalcade Classiche, Cavallino Classic in Palm Beach and Abu Dhabi and Rallye des Légendes.</p>
<p><em>Lot 117 | Estimated Price €2,500,000 - €3,000,000 EUR</em></p>
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<h3 style="font-size: 20px;"><strong>2006 Porsche Carrera GT</strong></h3>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20(17).png" width="1000" height="583" loading="lazy" alt="2006 Porsche Carrera GT" style="width: 1000px; height: auto; max-width: 100%;"></p>
<p>In the late 1990s, Porsche was working on developing a successor to its GT1 prototype for Le Mans which was going to be powered by a 5.5L V10 engine. During the development phase, the FIA changed its rules, which led to the car not being eligible for the races. Instead of shelving the new race car, Porsche sought to make the car suitable for road use and gave birth to the Porsche Carrera GT.&nbsp;</p>
<p>The car was able to hold its own alongside rivals at the time such as the Ferrari Enzo, Mercedes SLR McLaren, and Ford GT.&nbsp; It featured the use of cutting-edge materials such as a carbon-fibre monocoque and sub-frame as well as carbon ceramic brakes. Porsche's engineers pushed the limits of what was mechanically possible to make the car as light and strong as possible. They designed a special three-disc carbon-fibre racing clutch that was 1/3rd the size of a normal clutch and forged magnesium wheels with centre locking bolts for further weight savings. The car was powered by a racing-derived 5.5L naturally aspirated V10 which is considered by many as the best-sounding engine ever made. It was also only offered as a manual with a signature wooden gear knob an iconic feature of the Carrera GT.</p>
<p><em>Lot 123 | Estimated Price €975,000 - €1,275,000 EUR</em></p>
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<h3 style="font-size: 20px;"><strong>2010 Mercedes Benz SLR McLaren Stirling Moss</strong></h3>
<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/unnamed%20-%202025-10-28T160242.229.jpg" width="998" height="566" loading="lazy" alt="2010 Mercedes Benz SLR McLaren Stirling Moss" style="width: 998px; height: auto; max-width: 100%;"></p>
<p>A true legend of automotive excellence, the Mercedes Benz SLR McLaren Stirling Moss was an awe-inspiring homage to the legendary 1955 300 SLR. Considered to be a unicorn in the world of supercars, the Stirling Moss was the crown of the lineup of the successful SLR cars that Mercedes built in partnership with McLaren. Limited to only 75 units and offered exclusively to existing SLR owners, the car was unveiled in 2009 as a modern interpretation of a speedster. The late Sir Stirling Moss is a legend in the motorsport industry. The Formula 1 Hall of Fame driver dominated the 1955 Mille Miglia in the fearsome Mercedes Benz 300 SLR, which is now the most expensive car in the world.&nbsp;</p>
<p>The car offered at the Tegernsee auction is a one-of-a-kind opportunity to own a virtually new Stirling Moss with just 45 km on the odometer.&nbsp;</p>
<p><em>Lot 121 | Estimated Price €3,200,000 - €3,800,000 EUR</em></p>
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<h4><strong><span style="font-size: 20px;">Final Take</span></strong></h4>
<p>The RM Sotheby’s Tegernsee Auction in partnership with Concours of Elegance Germany is shaping up to be a fantastic weekend celebrating beautiful cars. With some of the most desired exhibits on offer for sale, paired with the finest Bavarian hospitality, gourmet dining, and an idyllic venue, true enthusiasts will quickly mark this event on their calendars.</p>
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<p><img src="https://146414699.fs1.hubspotusercontent-eu1.net/hubfs/146414699/shutterstock_1892315491.jpg" width="1000" height="667" loading="lazy" alt="RM Sotheby’s The Tegernsee Auction" style="width: 1000px; height: auto; max-width: 100%;"></p>
<p>On the shores of the picturesque Lake Tegernsee hidden between the Bavarian Alps, RM Sotheby’s will be holding an exclusive auction in partnership with the new Concours of Elegance Germany. Taking place on the 27<sup>th</sup> of July at the Gut Kaltenbrunn, this stunning estate will offer guests centuries of Bavarian history set against the backdrop of the natural landscapes and waterbody surrounding it. Over 200 cars are expected to be taking part in Germany’s first Concours of Elegance and a highlight of the event is RM Sotheby’s Tegernsee Auction.</p>


RM Sotheby’s Inaugural Dubai Auction

We have curated a selection of the most quintessentially outstanding items from this auction that showcase automotive excellence.

Billionaires and the Power of Philanthropy: Empowering Global Change

Philanthropy has long held an important place in society. Beyond its recent association with millionaires and billionaires, philanthropy embodies transformative change through acts of kindness.

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<p class="font-benton text-lg text-center leading-[30px] text-gray-700 font-normal pt-5">Philanthropy, derived from the Greek word "philanthropia", meaning "love of mankind," has long held an important place in society. Beyond its recent association with millionaires and billionaires, who have a unique opportunity to utilise their wealth and resources for the greater good of humanity, philanthropy embodies transformative change through acts of kindness. By leveraging money, influence or time, those from all backgrounds can make a genuine difference.</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Philanthropy and acts of kindness have the power to instigate sweeping change, from driving ground-breaking medical research to constructing educational institutions in underprivileged communities. <br><br>Even small acts of kindness are significant and can have a profound impact. Volunteering your time and skills, mentoring aspiring individuals or using your influence to advocate for positive change are actions that have the potential to ripple through society, creating a wave of transformation that reaches far beyond what you could have imagined. Many of the world’s top philanthropists are responsible for funding the type of initiatives that change society for the better in a multitude of ways. <br><br>There are several publications that track the impact of philanthropists, from those in the US to those in the UK and beyond. Founded by Bill Gates, Warren Buffet and Melinda Gates, The Giving Pledge is an international movement to encourage the billionaires of the world to make a commitment that they will donate the majority of their wealth to charitable causes. Since it was founded in 2010, this unique initiative has seen numerous billionaires across the globe sign up and share individual letters as to their motivations and their hopes for the future.</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Philanthropy not only transforms the external world but also enhances one's own life. Studies have unequivocally shown that ‘giving back’ fosters increased happiness, reduced stress levels and enhanced well-being, offering a sense of purpose and fulfilment.</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Embarking on a philanthropic journey can be challenging. However, anyone can make a tangible difference with guidance and a willingness to learn. Determining where to give, how much to contribute and selecting impactful avenues requires careful consideration. Here are some key steps to building your philanthropic vision:</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Philanthropy's timeless testament to the love of mankind continues to illuminate the human spirit. In the world of the privileged, it has evolved into a gateway for inspiring transformations and establishing profound legacies. Nevertheless, the true power of philanthropy and acts of kindness resides in the capacity of each individual, irrespective of their wealth, to make a genuine difference. By embracing the power of philanthropy, we can mould a better future, enriching the lives of others and our own.</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Identify causes and organisations that align with your values and resonate with your passions</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Conduct thorough research to understand the most effective contributing methods and seek out reputable organisations with proven track records for creating sustainable change</p>
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<p class="my-8 text-gray-600 font-benton text-base leading-[30px] font-light ">Consider collaborating with experts and advisors who can guide your philanthropic journey, ensuring that your efforts will yield the maximum benefit</p>
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The Benefits of Living in a Luxury Branded Residence in Dubai

Dubai, the jewel of the Middle East, stands as a testament to unparalleled luxury and innovation in the real estate landscape.

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<p class="font-benton text-lg text-center leading-[30px] text-gray-700 font-normal pt-5">These opulent abodes redefine the meaning of upscale living, offering a lifestyle that seamlessly blends comfort, exclusivity, and the prestige of globally recognized brands. Living in a luxury branded residence in Dubai means residing in a masterpiece crafted by design visionaries. These residences bear the stamp of renowned architects and designers, ensuring every detail is a testament to refined taste and sophistication. From the lobby to the living spaces, the aesthetic allure of these homes reflects the brand's commitment to excellence.</p>
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<h2 style="text-align: center; margin-bottom: 30px;"><span style="line-height: 1.1;">Impeccable Service and Amenities</span></h2>
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<div style="text-align: center;"><span style="line-height: 1.1;">Imagine a life where your every need is anticipated and catered to with unmatched precision. Luxury branded residences in Dubai offer concierge services that transcend expectations. From arranging exclusive events to ensuring seamless maintenance, the dedicated staff ensures residents experience the epitome of personalized service.</span></div>
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<div style="text-align: center;"><span style="line-height: 1.1;">State-of-the-art amenities further elevate the living experience. World-class spas, private pools, and fitness centers equipped with the latest technology are par for the course. Living in such residences is akin to having a five-star resort at your doorstep, creating an atmosphere where relaxation and recreation coalesce effortlessly.</span></div>
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<div style="text-align: center;"><span style="line-height: 1.1;">Dubai's social calendar is teeming with exclusive events, and residents of luxury branded properties enjoy privileged access. From art exhibitions to fashion shows, these residences act as gateways to the city's vibrant cultural scene. Residents find themselves seamlessly integrated into the social fabric of Dubai, with opportunities to connect with like-minded individuals in refined settings.</span></div>
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<div style="text-align: center;"><span style="line-height: 1.1;">Beyond the immediate comforts, investing in a luxury branded residence in Dubai is a strategic move. The association with a globally recognized brand adds a layer of prestige and value to the property. In a city where real estate is a symbol of status, owning a residence bearing the mark of a luxury brand is an affirmation of success and discernment.</span></div>
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<h2 style="text-align: center; margin-bottom: 30px;"><span style="line-height: 1.1;">Enhanced Security and Privacy</span></h2>
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<div style="text-align: center;"><span style="line-height: 1.1;">Security is paramount in luxury branded residences. Advanced security systems, coupled with discreet personnel, provide residents with peace of mind. Privacy is not just a feature; it's a lifestyle. Whether within the confines of your residence or enjoying the communal spaces, a sense of exclusivity and tranquility prevails.</span></div>
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<div style="text-align: center;"><span style="line-height: 1.1;">Dubai is a city where tradition meets innovation, and luxury branded residences embody this duality. Architectural marvels seamlessly incorporate traditional Arabic elements while embracing cutting-edge technology. Living in these residences is an experience where the rich heritage of the region converges with a modern, cosmopolitan lifestyle.</span></div>
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<div style="text-align: center;"><span style="line-height: 1.1;">In conclusion, residing in a <a href="https://sothebysrealty.ae/lifestyles/branded-residences/" rel="noopener">luxury branded residence in Dubai</a> transcends the conventional notions of home. It's an investment in a lifestyle where every aspect is curated to exceed expectations. As the city continues to redefine luxury living, these residences stand as beacons of opulence, inviting discerning individuals to experience a life of unparalleled comfort and prestige. Welcome to a world where every day feels like a celebration of the extraordinary — welcome to luxury living in the heart of Dubai.</span></div>
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Emirates Hills is among the most affluent neighbourhoods in Dubai. This magnificent development realized by Emaar Properties PJSC is commonly called the "Beverly Hills of Dubai".

Discover Tilal Al Ghaf, a serene Dubai community offering luxurious villas, a lagoon, and premium amenities.

Situated in Mohammed Bin Rashid City, District One is a meticulously planned, high-end waterfront community offering a luxurious and modern lifestyle.

Mohammed Bin Rashid City

Discover Palm Jumeirah's luxury living with custom villas, beachfront mansions and branded residences. Explore our ultimate community guide.

Palm Jumeirah

At the heart of Dubai lies the vibrant and world-famous, Downtown Dubai, a masterpiece by Emaar Properties.

Downtown

Experience the tranquil and laidback atmosphere of coastal life in the midst of a thriving urban centre at Jumeirah Islands.

Jumeirah Bay Island, an exclusive residential masterpiece situated off the coast of Jumeirah, is a testament to architectural innovation and luxury living.

Jumeirah Bay Island

Jumeirah Bay

Jumeirah Beach Residence

With 16 distinct communities overlooking the Earth and Fire golf courses, this gated community is a great choice for families looking for a blend of luxury and nature.

Jumeirah Golf Estates

Developed by Al Barari Developers, this gated community unfolds across two masterful phases, offering a unique blend of opulent villas and apartments.

Dubai Hills isn't just an address; it's a narrative of luxury, family living, and a community that seamlessly combines convenience with sophistication.

Dubai Hills

Nestled between Palm Jumeirah and the coastline of Dubai Marina, Dubai Harbour is an exciting mixed-use destination that is designed to offer a tranquil seafront lifestyle.



Dubai Harbour

Dubai Creek is an essential part of Dubai’s history and was at the heart of the city’s commercial activity in its early days. Back then, the vibrant metropolis we know today was a pearl diving village heavily involved in maritime trade with the Creek serving as a key port.

Dubai Creek Harbour

Umm Suqeim

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