Economy Events Local 2025-11-17T19:25:22+00:00

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.


Rolex Sets World Record at Dubai Auction

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.'