First-Ever RM Sotheby’s Dubai Car Auction Concludes

The world-renowned auction house, RM Sotheby’s, held its inaugural Dubai car auction on March 8th, 2024, marking a significant moment for the region’s thriving collector car scene. 

The “boutique auction,” held at the prestigious Concrete venue on Alserkal Avenue, brought together a meticulously curated selection of automobiles, showcasing a blend of automotive heritage and cutting-edge design.

The impressive lineup, strategically chosen to cater to diverse tastes, lived up to the hype. From the elegance of yesteryear to the audacity of modern marvels, the RM Sotheby’s Dubai car auction offered something for every discerning collector.

Out of the 45 articles and items auctioned at the event, there were a total of 22 cars. This included a selection of vintage classics, retro racers and modern supercars. The 2016 Koenigsegg Agera RSR received the top-most bid at the auction for a sale price of AED 12.41 million.

Dubai’s car auction showcased an amazing selection of classic cars. Right from the humble 1959 Fiat 500 Jolly to exotic classics such as the 1935 Bugatti Type 57SC Atlantic Recreation by Erik Koux. Here is how you can register a classic car in the UAE.

There were a few classic Ferrari and classic Porsche cars to rev up the classic car auction. A 1993 Ferrari 512 Testarossa, was the most expensive classic car sold at the RM Sotheby’s Dubai auction with a sale price of AED 1 million. Here are 10 cars that redefined speed and power in the 1990s.

Apart from the Koenigsegg Agera RSR, there were a few more modern-day supercars and hypercars. Some of the cars that fetched the top price at the auction include: 

Check this list to know some of the most expensive cars for sale on DubiCars in the UAE.

A car auction is never complete without showcasing some of the most expensive wristwatches to match the taste of a car. The Rolex Daytona UAE was sold at the auction for a price of AED 1.1 million. A total of 10 exquisite watches were sold at the auction. Check out some of the most amazing wristwatches for enthusiasts in this linked article.  

The first-ever Dubai car auction from RM Sotheby’s also showcased an amazing collection of toys and scale models. The Ferrari ‘500 F2’ Children’s car received the top bid at AED 70,000, among all the other toys present at the event. Check out this incredible Testa Rossa J replica, known as the Mini Ferrari.

The auction saw Ayrton Senna’s helmet sell for AED 21,000, while Michael Schumacher’s Schuberth helmet went for a whopping AED 194,000. One lucky bidder also got to take home Michael’s 1999 race suit for AED 61,800. Read this linked article to know the top 10 racing movies to watch.

The RM Sotheby’s Dubai car auction has undoubtedly set a new benchmark for luxury car auctions in the region. With its expertly chosen selection and sophisticated atmosphere, the event has not only attracted serious collectors but has also cemented RM Sotheby’s presence in the ever-growing Dubai car scene.

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