Dubai 2025: 'FutureGrail', a specialized auction house for exceptional timepieces, has set a world record by selling a 'Rolex' model '4113' for $4,717,000. This amount surpassed the previous record for the same model by over $1.2 million during a preview event held at the 'Bulgari Yacht Club' in Dubai. Ali Nael, CEO of 'FutureGrail', stated: 'This sale is one of the most significant in the history of watch auctions, as it breaks a world record and highlights the immense demand from luxury watch collectors worldwide. It is a great privilege to bring a piece of such rarity to the market. It is proven from Geneva to Dubai to Singapore that watches of this caliber garner significant attention.'
Rolex Sets World Record at Dubai Auction
Dubai's FutureGrail auction house sets a world record, selling a Rolex 4113 model for $4.7 million, surpassing the previous record by over $1.2 million. The company's CEO calls it one of the most significant events in watch auction history.