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Christie's auctions of Modern and Contemporary Art and Important Watches held on October 19 2015 in Dubai totaled $10,590,875, with impressive sell-through rates of 89% and 96% respectively.

A pioneer in the sale of both categories, having held its first art sale in Dubai in 2006 and the first stand- alone Important Watch sale in 2013, Christie's had bidders from 25 countries with approximately 15% new to Christie's.

“We have always prided ourselves on only offering the very best art and watches at our auctions and each season this commitment is rewarded by enthusiastic bidding from existing and new clients. In last night's sale of Modern and Contemporary Art, nine out of the top ten lots sold above estimate, a sign of the continuing confidence shown by collectors at the top end with nine of the buyers registered as Middle Eastern private collectors. All were chasing top quality works by the established names in this market.Tonight's Important Watches auction confirmed the ever increasing strength of the collectors watch market in the Middle East, with clients from around the world participating. Next season, Christie's will be celebrating its 10th anniversary here in Dubai and we looking forward to including some exciting new additions to the schedule,” announced Michael Jeha, Managing Director of Christie's Middle East.

Main results watches:

Patek Philippe. An stainless steel cushion-shaped split seconds chronograph wristwatch with breguet numerals, reference 5950A-001 estimate 250,000 -350,000: $293,000

Patek Philippe. A platinum perpetual calendar split seconds chronograph wristwatch with moon phases, 24 hour and leap year indication, reference5004P-021 Estimate 170,000 - 270,000: $239,000 Patek Philippe. A platinum rectangular tourbillon chronometer wristwatch with 10 day power reserve, eference 5101P-010 Estimate 160,000 - 260,000: $221,000

Patek Philippe. A platinum limited edition automatic world time wristwatch with green dial, reference 5130P- 015 Estimate 100,000 - 150,000: $149,000

Vacheron Constantin. A 18k white gold and diamondset chronograph wristwatch, reference 47621 Estimate: 75,000 - 120,000: $102,500

Patek Philippe. A 18k white gold automatic wristwatch with Iraqi coat of arms, reference 3590 Estimate 10,000 - 15,000: $83,750

Rolex. A platinum and diamond-set automatic chronograph wristwatch with ice blue dial, reference 116576TBR Estimate 60,000 - 120,000: $81,250

Richard Mille. A limited edition magnesium-aluminium tonneau-shaped skeletonised wristwatch, reference RM035 AL ALMG Estimate 50,000 - 100,000: $75,000

Hublot. An extremely rare, titanium and 18k pink gold limited edition automatic wristwatch, reference 301.NX.5710.RX.SDQ08 Estimate 10,000 - 20,000: $72,000   

F.P. Journe. A platinum wristwatch with power reserve and dead beat second, no. 067-CO Estimate 25,000 - 45,000: $55,000

Results paintings:

Mahmoud Said (1897-1964) La Negresse aux bracelets, 1926 Estimate 200,000-300,000: $665,000 Sohrab Sepehri (1928-1980) Untitled (from the Trees series), 1970s Estimate 150,000-200,000: $425,000

Farhad Moshiri (b. 1963) Scream's Demons, 2008 Estimate 200,000-250,000: $389,000

Charles-Hossein Zenderoudi (b. 1937) SAAD, 1981 Estimate: 150,000 - 200,000: $365,000 Farhad Moshiri (b. 1963) I will have no more wishes if you come back to ME, 2003 Estimate: 150,000-200,000: $245,000

Ayman Baalbaki (b. 1075) Untitled, 2008 Estimate 150,000 - 200,000: $233,000

Monir Farmanfarmaian (b. 1924) Mirror Ball, 1974-1977 Estimate 80,000-120,000: $209,000 Manoucher Yektai (b. 1922) Portrait of Robert Monroe, 1962 Estimate 40,000-60,000: $209,000 Ismail Shammout (1931-2006) Al Farah (Joy), 1993 Estimate 150,000-200,000: $185,000