ABU DHABI – A spectacular blue diamond valued at $20 million was showcased on Tuesday in Abu Dhabi, the capital of the United Arab Emirates, marking the beginning of a global tour ahead of its auction in Geneva next month.
The 10-carat rare blue diamond is part of a luxurious gem collection estimated at over $100 million, according to organizers from Sotheby’s, the prestigious auction house known for its world-class jewelry sales.
This exceptional auction will include some of the world’s most sought-after stones, such as:
- The largest flawless diamond in existence
- The second-largest known red diamond
- Multiple diamonds weighing over 100 carats
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Read MoreAmong other standout pieces is a white diamond necklace featuring a pear-shaped brown diamond pendant weighing a stunning 100.26 carats.
Following its display in Abu Dhabi, the blue diamond will travel to Taipei, Hong Kong, and New York before arriving in Geneva for the mid-May sale.
Quig Bruning, Sotheby’s Head of Jewels for North America, Europe, and the Middle East, commented, “Blue diamonds are at the top of rarity.” He also highlighted the growing importance of the Gulf region in the luxury and gemstone market.
Thanks to its economic prosperity, tax-friendly climate, and flourishing luxury sector, the Gulf—especially Dubai—continues to attract high-net-worth individuals and collectors from around the world.
Highlights of the Upcoming Sotheby’s Diamond Auction:
- 10-carat rare blue diamond valued at $20 million
- Part of a $100 million collection of luxury gemstones
- Includes the largest flawless diamond and notable red diamonds
- Blue diamond tour: Abu Dhabi → Taipei → Hong Kong → New York → Geneva
- Gulf region rising as a global luxury market hub
