September 25, 2012

The Young Collectors Auction 14 at Ayyam Art Center in Dubai – Hightlighs & official results

The Young Collectors Auction 14
Ayyam Art Center, Dubai, UAE

22 October 2012

Ayyam Art Center in Alserkal Avenue (Al Quoz) in Dubai organized The Young Collectors Auction 14 the 22 october 2012. $433,560 were amassed from sisty-six lots of Arab and Iranian art. The diverse selection of works set established figures such as Safwan Dahoul and Nadim Karam alongside burgeoning Arab and Iranian talented artists such as Mohamad Badr, Shurooq Amin, Medhi Nabavi and Arash Nazari, on the auction block, allowing new collectors and seasoned bidders to add unique works to their collections.
In an informal yet vibrant and packed salesroom, moderately priced painting, sculpture, photography, limited edition prints and installation works from renowned and emerging artists throughout the region were fiercely vied for. Enthusiastic bidding generated a dynamic ambiance for those bidding as well as those enjoying the spectacle.

The Young Collectors Auction 14 at Ayyam Art Center, Dubai, UAE Photo of The Young Collectors Auction at AYYAM ART CENTER, DUBAI, 22 October 2112. Photo Courtesy of the Ayyam Art Center, Alserkal Avenue (Al Quoz)

The highlights of the evening came with competitive bidding over works such as Mohannad Orabi, whose Its No Longer About Me sold for an impressive $33,600 from an estimate of $7,000-$9,000, Untitled by Reza Lavasani which sold for $15,600 over an estimate of $8,000-$12,000, and a strikingly modern portrait by Elias Izoli that brought in $22,800 over an estimate of $6,000-$8,000. The Bouquet en Brouillon by Zeni Assi surpassed its estimate of $10,000-$15,000 with a final price of $19,200, as did a marble sculpture by Lutfi Romhein from an estimate of $12,000 - $15,000, and Next Edition by Katayoun Karami fetched $5,040, surpassing its estimate of $1,500-$2,500. With continually increasing levels of attendance, record sales and an exciting salesroom, the next edition of The Young Collectors Auction is already greatly anticipated.

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