Sotheby’s Abu Dhabi Collectors’ Week achieves $133 million

The auctions took place at The St. Regis Saadiyat Island Resort. (Supplied)
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Updated 06 December 2025
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Sotheby’s Abu Dhabi Collectors’ Week achieves $133 million

DUBAI: Auction house Sotheby’s Abu Dhabi Collectors’ Week, which wrapped up on Friday night, achieved $133 million in sales, according to the auction house.

The series of auctions included jewelry, rare timepieces, collectors’ cars and real estate from RM Sotheby’s, and Sotheby’s Concierge Auctions, alongside a museum-quality exhibition of international fine art.




A waterfront estate in Saint-Jean-Cap-Ferrat was sold for $20.1 million. (Supplied)

Sotheby’s Concierge Auctions opened the final evening, with a waterfront estate in Saint-Jean-Cap-Ferrat achieving $20.1 million. The sale of Jane Birkin’s Le Voyageur, a one-of-a-kind black Hermes Birkin owned by the actress, soared to $2.9 million (est. $240,000-$440,000) after a bidding battle lasting more than 10 minutes. It is now the second most valuable handbag sold at auction, surpassed by the original Hermes Birkin created for Birkin in 1985, which achieved a record-breaking $10.1 million earlier this year.




Jane Birkin with her Le Voyageur bag. (Supplied)

Leading the sale of jewellery and watches was the first complete set of the Patek Philippe Star Caliber 2000, which achieved $11.9 million, becoming the second most valuable watch sold at Sotheby’s. Meanwhile, The Desert Rose, the largest Fancy Vivid Orangy Pink diamond in the world, climbed to $8.8 million (est. $5-$7 million) following an almost 20-minute bidding battle among five collectors.




The Desert Rose is the largest Fancy Vivid Orangy Pink diamond in the world. (Supplied)

Participants hailed from 35 countries, with nearly a quarter of buyers from the UAE, according to Sotheby’s.


Mini op-ed: Recognising a shift in how people relate to wellness, self-care

Updated 05 March 2026
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Mini op-ed: Recognising a shift in how people relate to wellness, self-care

DUBAI: I have spent nearly a decade working in the beauty industry in Saudi Arabia and the UAE, and Ramadan always has a way of prompting change; in habits, in priorities, and in the routines people have been carrying without question. Speaking from my own corner of the industry, one of these habits is often hair removal.

Saudi Arabia’s beauty and personal care market was valued at about $7.56 billion in 2025 and is set to grow to an estimated $8.03 billion in 2026. Within that growth, personal care encompassing the daily (sometimes unglamorous) routines hold the largest share. But market size alone does not tell the full story. A study conducted at King Abdulaziz University Hospital, Jeddah, found that three quarters of Saudi women experienced complications from temporary hair removal methods, including skin irritation, in-grown hairs and hyperpigmentation. A separate 2025 study published in the Majmaah Journal of Health Sciences found that laser hair removal was both the most considered and most commonly undergone cosmetic procedure among Saudi respondents, yet dissatisfaction with cosmetic procedure outcomes was reported by nearly half of all participants. The numbers point to a gap not in demand, but in results. 

When I launched a specialized electrolysis practice in the UAE in 2016, it was with a clear gap in mind; safe, regulated, permanent hair removal for the region’s specific needs. The range of hair types here and the prevalence of conditions such as polycystic ovary syndrome, or PCOS, demanded a method that works across all of them.  Electrolysis is the only method recognized by the US Food and Drug Administration and American Marketing Association as achieving true permanent results, regardless of hair color or type. 

Despite this, awareness in Saudi Arabia remains limited. Part of this is familiarity, laser has dominated the conversation for years, and electrolysis, which requires more sessions and a licensed electrologist’s precision, has struggled to break through. Part of it is education. Many clients who come to us have never heard of electrolysis; they come because they have exhausted everything else. 

Right now, Saudi Arabia is in the middle of a genuine transformation in how people relate to wellness and self-care. The beauty market is maturing, consumers are asking harder questions of the brands they choose and Vision 2030 has not just shaped the economy, it has shaped how Saudis are showing up in their own lives. In that context, the idea of choosing permanence over repetition lands differently.
 
Mariela Marcantetti is a beauty industry entrepreneur based between Saudi Arabia and the UAE.