When the Dubai Shopping Festival claimed to have something for everyone, they meant it.
From the finest robes to exclusive beds; from a bespoke crystal-rock piano to a natural diamond and emerald set; hand-made swords and the largest atlas in the world – luxury takes on a whole new meaning at this exhibition.
Ultra-luxury items from across the globe go on display and sale at the first World Luxury Expo on January 15 to 17.
The Burj Al Arab, fittingly, plays host to this three-day expo which is an invitation-only affair for high-net worth clientele from across the GCC region.
What is on offer?
The Hastens Vividus bed costs Dh367,000.
A grand piano, CrystalRocked, tunes in at Dh12 million.
Also on offer is an antique sword valued at Dh3.67 million. The sword dates back to the 16th century between 1560 AD to 1640 AD The blade is hand made from original Jawhar and the sword cover is pure 22K gold. The handle is original ivory.
If you have Dh2.94 million spare, have a look at the Faberge Imperial Egg Horse and Jockey.
The design has been created and produced in Limoges, France. This Faberge Imperial Egg is part of the museum quality Faberge Collection.
Not looking to splurge?
The world’s most beautiful dressing robes for men sell for a few hundred thousand dirhams.
The expo is part of Dubai Shopping Festival 2013, which runs from January 3 to February 3.
Julian Alibhai, Exclusive Distributor of Hästens beds in the GCC, says: “The Vividus takes 160 hours to handcraft and has been tailor-made for many well-known and respected global icons and celebrities.”
Vincent Corver, Manager of Steinway Piano Gallery, CDC - Qatar, states: “A Steinway is an instrument of the finest quality and through our association with the CrystalRocked, there is the opportunity to own an extraordinarily distinctive, bespoke Steinway grand piano that is the perfect blend of sophistication and glamour.”
The Middle East luxury market will grow by 15 per cent, becoming the 10th largest market in the world in 2012, according to Bain & Company’s worldwide study.
Global luxury goods market revenues will witness a full-year growth of 10 per cent taking the total luxury goods revenues to an estimated $284 billion.
A Capgemini RBC World Wealth Report, issued in June last year, revealed the combined wealth of 450,000 Middle East millionaires rose 0.7 per cent in 2011 over 2010 to reach $1.7 trillion.
The number of millionaires in the Middle East, the only region to witness an increase, rose 2.7 per cent in 2011, compared with 0.8 per cent global average.
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