The world famous auction house, Sotheby’s is due to hold its first ever auction in Saudi Arabia at the Historic Diriyah UNESCO World Heritage site on February 8th, 2025.
The auction is due to feature a René Magritte painting, L’État de veille valued between $1 million to $1.5.
It will also feature works by artists, including Pablo Picasso and Andy Warhol as well as luxury goods including a million dollar Richard Mille watch and Michael Jordon’s 1998 NBA Playoffs jersey
A free public exhibition of the items will also be held from February 1st to 8th at Diriyah’s iconic Bujairi Terrace.
Hosting Saudi Arabia’s First Ever International Auction
The art world is filled with excitement as the renowned auction house Sotheby’s prepares to host its first-ever international auction in Saudi Arabia. This groundbreaking event, aptly named “Origins,” promises to celebrate art, culture, and luxury.
As Sotheby’s expands its presence in the Middle East, this landmark auction serves as a testament to the region’s growing importance in the global art market.
With a carefully curated selection of 100 lots, ranging from iconic paintings to rare timepieces, “Origins” is poised to captivate collectors, art enthusiasts, and luxury connoisseurs alike.
The Venue: Diriyah
Sotheby’s choice of venue for its inaugural Saudi Arabian auction is as significant as the event itself.
Diriyah, often called the “Birthplace of the Kingdom,” is home to the At-Turaif district, a UNESCO World Heritage Site. This 300-year-old area is considered the ancestral heart of Saudi Arabia, making it a fitting backdrop for an auction that celebrates both international and local artistic heritage.
The Bujairi Terrace
The Bujairi Terrace, where the auction will be held, is a modern development that seamlessly blends contemporary architecture with the area’s rich historical context—this contrast of old and new mirrors the diverse range of artworks and items presented at the auction.
The Bujairi Terrace also offers a unique atmosphere combining luxury and cultural authenticity. Its location near Riyadh ensures easy access for local and international attendees while providing a distinctly Saudi Arabian experience.
Western Art Masterpieces at the Origins
The “Origins” auction boasts an impressive lineup of Western art masterpieces featuring works by some of the most renowned artists in history. This auction section is expected to draw significant attention from collectors worldwide.
René Magritte’s “L’État de veille”
One of the star attractions of the auction is René Magritte’s 1958 painting “L’État de veille” (The Waking State). This surrealist masterpiece is estimated to fetch between $1 million and $1.5 million, reflecting the enduring appeal and value of Magritte’s work.
The inclusion of Magritte’s work is particularly timely, given the recent surge in popularity of Surrealist art. In 2024, Magritte’s works dominated the secondary market, with total sales reaching an astounding $312.3 million. This trend is expected to continue, making “L’État de veille” a highly anticipated lot.
Pablo Picasso and Andy Warhol
Works by other titans of Western art history, including Pablo Picasso and Andy Warhol, will also be featured in the auction. These pieces represent different movements and periods in art history, offering collectors diverse options.
Contemporary Western Artists
The auction will also include works by contemporary Western artists, such as Damien Hirst and George Condo. These pieces showcase the evolution of Western art and its continued relevance in the global art market.
Arab and Middle Eastern Art
In addition to Western masterpieces, the “Origins” auction places a strong emphasis on Arab and Middle Eastern art, highlighting the rich artistic traditions of the region.
Louay Kayyali’s “Then What?”
A standout piece in this category is Louay Kayyali’s 1965 painting “Then What?” This powerful work, which explores themes of exile and trauma, is expected to sell for between $500,000 and $700,000, underscoring the growing recognition of Arab artists in the international art market.
Ahmed Mater’s Illumination Diptych
Ahmed Mater’s Illumination Diptych is a striking artwork that blends traditional Islamic manuscript techniques with contemporary themes, symbolizing the intersection of heritage and modernity. It is expected to sell between $50,000 and $70,000.
The piece reflects Mater’s signature style, which often explores themes of faith, identity, and transformation. Illumination Diptych will be featured at Saudi Arabia’s Sotheby’s auction, showcasing its cultural significance to a global audience.
Samia Halaby’s Abstract Masterpiece
Palestinian American artist Samia Halaby’s “Blue Trap in a Railroad Station” (1977) is another auction highlight. This abstract piece, valued between $150,000 and $200,000, represents one of Halaby’s most significant works to come to auction.
Etel Adnan’s Ceramic Work
A unique ceramic piece by Lebanese poet, writer, and painter Etel Adnan will make its auction debut at “Origins.” Created in the 1960s, this work is estimated to sell for $80,000 to $120,000, marking a significant moment for Adnan’s legacy in the art world.
Mohammad Al Saleem’s Contribution
The auction will also feature Mohammad Al Saleem’s “O’ God, Honour Them and Do Not Honor an Enemy Over Them,” further showcasing the diversity and depth of Arab artistic expression.
Fernando Botero’s “Man on Horse”
Alongside Magritte’s painting, Fernando Botero’s sculpture “Man on Horse” is expected to be one of the highest-valued lots in the auction. With an estimate of $1 million to $1.5 million, this piece exemplifies Botero’s distinctive style and importance in contemporary sculpture.
Alexander Calder’s Mobiles
The auction will also feature works by American sculptor Alexander Calder, known for his innovative mobiles and stabiles. These kinetic sculptures represent a unique intersection of art and engineering, appealing to collectors who appreciate both form and function.
Contemporary Sculptural Works
In addition to established names, the auction will showcase sculptural pieces by contemporary artists, offering a glimpse into the future of three-dimensional art and its evolving role in the art market.
The Digital Frontier
Recognizing the growing importance of digital art, Sotheby’s has included cutting-edge pieces that push the boundaries of traditional artistic mediums.
Refik Anadol’s “Machine Hallucinations”
A highlight in this category is Refik Anadol’s “Machine Hallucinations,” an AI-generated visual landscape estimated at $800,000 to $1.2 million. This piece represents the intersection of art and technology, showcasing how artificial intelligence reshapes the creative process.
Luxury Watches and Timepieces
The “Origins” auction extends beyond fine art to include a selection of rare and valuable timepieces, appealing to horological enthusiasts and luxury collectors.
Richard Mille Prototype
One of the most anticipated items in this category is a Richard Mille prototype watch created specifically for world champion sprinter Yohan Blake. This unique timepiece, worn by Blake during the 100m final at the 2012 London Olympics, is estimated to sell for $1.5 million.
Unique Commissioned Cartier Crash
Another standout is a one-of-a-kind Cartier Crash watch, commissioned in 2007 for a top private client. With an estimate of $130,000 to $260,000, this rare piece exemplifies the allure of limited-edition luxury timepieces.
Audemars Piguet and Rolex Offerings
The auction will also feature select timepieces from renowned watchmakers Audemars Piguet and Rolex, catering to collectors who appreciate both the craftsmanship and investment potential of high-end watches.
Sports Memorabilia at Origins
Sotheby’s has included several significant pieces of sports memorabilia in the “Origins” auction in a nod to the growing market for sports collectibles.
Michael Jordan’s “Last Dance” Jersey
This category highlights Michael Jordan’s Chicago Bulls jersey, worn during the 1998 NBA Playoffs, famously known as “The Last Dance.” This iconic piece of basketball history is expected to fetch up to $1.2 million, reflecting the enduring legacy of Jordan and the increasing value of sports memorabilia.
Cristiano Ronaldo’s Match-Worn Jerseys
Football fans can bid on several jerseys worn by Cristiano Ronaldo, including his Portugal National team shirt from the 2024 UEFA European Championships Quarterfinal Match. This item is estimated to sell for $50,000 to $70,000.
Luxury Accessories and Jewelry
Complementing the art and timepieces, the “Origins” auction will feature a selection of high-end accessories and jewelry, appealing to fashion enthusiasts and luxury collectors.
Rare Hermès Handbags
The auction will include coveted Hermès handbags, such as the Wicker Mini Picnic Kelly, which are known for their craftsmanship and exclusivity. These pieces are often appreciated, making them attractive to fashion lovers and investors.
Cartier and Harry Winston Jewels
A dazzling array of jewels from renowned houses like Cartier and Harry Winston will be offered, showcasing exquisite craftsmanship and rare gemstones.
Contemporary Jewelry Designers
In addition to established luxury brands, the auction may feature pieces from contemporary jewelry designers, highlighting innovative designs and new approaches to luxury accessories.
The Exhibition at Origins
Before the auction, Sotheby’s will host a free public exhibition of the 100 lots, allowing art enthusiasts and potential bidders to view the items up close.
The exhibition will run from February 1st to 8th, 2025, at Diriyah’s Bujairi Terrace, coinciding with the annual Diriyah Season cultural festival.
Curatorial Approach
The exhibition will be carefully curated to showcase the diversity of the auction lots, providing context and background information on each piece.
Sotheby’s may include educational elements in the exhibition, such as guided tours or lectures, to enhance visitor understanding and appreciation of the artworks and luxury items.
Sotheby’s Expansion in Saudi Arabia
The “Origins” auction marks a significant milestone in Sotheby’s expansion into the Saudi Arabian market, reflecting the auction house’s long-term commitment to the region.
Sotheby’s has recently opened a new office in Riyadh’s iconic Al Faisaliah Tower, establishing a permanent presence in the Saudi capital.
Impact on the Saudi Art Scene
The “Origins” auction is expected to have a significant impact on the Saudi art scene, potentially catalyzing growth and international recognition for local artists and collectors.
By featuring works by Saudi and Arab artists alongside international masterpieces, Sotheby’s is helping to elevate the profile of regional artistic talent.
The high-profile nature of the auction is likely to attract international collectors to Saudi Arabia, fostering connections between local and global art markets. It aligns with Saudi Arabia’s efforts to boost cultural tourism, potentially attracting art enthusiasts worldwide to explore the kingdom’s artistic offerings.
A New Chapter in Art History
Sotheby’s first international auction in Saudi Arabia represents more than selling valuable artworks and luxury items. The “Origins” auction promises to celebrate artistic diversity, cultural exchange, and the enduring power of creativity.
Whether you’re a seasoned collector, an art enthusiast, or simply curious about this historic event, Sotheby’s Saudi Arabia auction offers a unique opportunity to witness the merge of tradition and innovation in the ever-changing landscape of the art world.
More Exciting Projects in Diriyah
Bab Samhan Diriyah
Marriott International has introduced Bab Samhan, marking the debut of The Luxury Collection in Diriyah, Saudi Arabia.
This elegant hotel boasts 134 guest rooms, including 23 suites, seamlessly combining Najdi architecture with contemporary luxury, adorned with handcrafted pieces and local art.
Guests can enjoy three exceptional dining venues, a top-tier wellness spa, and enriching cultural experiences, such as guided UNESCO tours of Diriyah for a deeply immersive stay.
Dolce & Gabbana Boutique and Cafe
Dolce & Gabbana, the renowned Italian luxury brand, has launched its largest boutique in Saudi Arabia at Bujairi Terrace, Diriyah.
Spanning 1,500 square meters, the boutique includes the DG Caffè, marking the brand’s first café in the Kingdom.
The store combines signature Italian sophistication with an exclusive Abaya collection, while the café serves Italian dishes infused with flavors suited to Saudi preferences.
This prestigious addition solidifies Bujairi Terrace’s reputation as a prime destination for luxury dining and shopping, in line with Diriyah’s cultural aspirations.
Diriyah’s 2 Multibillion Dollar Districts
Saudi Arabia has announced the unveiling of two major districts as part of the $63 billion Diriyah Gigaproject. The first is the Qurain Cultural District, and the second is the Northern District.
The Qurain District will host two luxury hotels, while the Northern District, already under development, will feature the King Salman Foundation, a university, museums, a library, and a public plaza.
These new districts are set to enhance Riyadh‘s cultural and tourism attractions, in line with the goals of Saudi Vision 2030.
Raffles Residences Diriyah
Diriyah Company has introduced the remarkable Raffles Residences Diriyah during the Cityscape Global 2024 event in Riyadh.
This unique development will feature 90 luxury apartments and townhouses inspired by Najdi architecture, offering breathtaking views of Wadi Hanifah and access to top-tier facilities at the Raffles Diriyah Hotel.
The Raffles Residences initiative aligns with Diriyah’s vision to become a leading luxury destination, welcoming over 100,000 future residents and 50 million visitors annually.
Diriyah 8 New Hotels’ Construction
Diriyah Company will launch construction on 8 New Luxury Hotels this November as part of its $63 billion mega-project.
The lineup features The Ritz-Carlton, The Baccarat Hotel, The Armani Hotel, The Address Hotel, The Rosewood Hotel, and Raffles.
These hotels are scheduled to be fully open to guests by 2027, while the new Bab Samhan Marriott Luxury Hotel is set to welcome visitors this November.
Designs of Wadi Safar Equestrian and Polo Club
Diriyah Company has introduced the Najdi-inspired architectural plans for Wadi Safar Equestrian and Polo Club, situated close to Riyadh.
Wadi Safar is a high-end, master-planned community featuring hotels and residences located in the historic Diriyah area of Riyadh.
Recently, Diriyah Company awarded a $2.1 billion contract to construct the Equestrian and Polo Club and four luxury hotels, including the renowned Six Senses brand.
Diriyah’s $2.13 Billion Contract
Diriyah Company has granted its biggest ever $2.13 billion contract to date, valued to Albawani and Urbacon Company for the development of Wadi Safar in Riyadh.
The contract will consist of four high-end hotels, including Aman, Six Senses, Chedi, and Faena, along with the Royal Diriyah Equestrian & Polo Club, retail spaces, mosques, and clinics.
This aligns with Diriyah’s goal to accommodate 000 individuals and tourists and to evolve into a top cultural and leisurely tourism hotspot.
Diriyah Zallal
Diriyah company has announced the details of its upcoming premier commercial and retail center, Zallal, which is set to open in 2025.
Located next to the renowned Bujairi Terrace and At-Turaif UNESCO World Heritage site, Zallal will have direct access to Wadi Hanifah.
The development will consist of two low-rise office buildings and 12 retail and dining places and has already sparked interest from national and international brands.
Zallal is expected to bring vibrancy to Diriyah’s ever-changing landscape, providing a prime location near the new luxurious Bab Samhan Hotel.
Diriyah Square
Located near Riyadh, Saudi Arabia, Diriyah Square is a future retail and innovative cultural hub that is part of the larger Diriyah Gate project.
Encompassing 186 square kilometers, Diriyah Square seamlessly combines contemporary amenities with traditional Najdi architecture that is 300 years old.
The destination will feature more than 400 stores, 100+ dining options, nine cultural theaters, six high-end hotels and resorts, 34 branded residential units, three integrated residential communities, five office complexes, underground parking, and a Kindergarten.
Diriyah Arena
Diriyah Company has announced plans for a 20,000 Seater Arena in Diriyah as part of Diriyah’s $63 billion Gigaproject master plan located on the outskirts of Riyadh.
London’s HKS architects have introduced groundbreaking designs, unveiling a 76,000 square-meter Diriyah arena embraced by an urban park.
Drawing inspiration from the intricate motifs of Najdi forts and palaces, the Arena’s design harmonizes Saudi heritage with a touch of modern sophistication.
Upon its completion, the arena aspires to establish itself as a frontrunner in the Middle East, welcoming prominent sports and cultural events.
The Ritz-Carlton Branded Residences
Diriyah Company and Ritz-Carlton have also announced the launch of the first Ritz-Carlton Luxury Branded Residences in the Kingdom to nurture a harmonious community experience and promote social interaction through cultural venues, plazas, and leisure facilities.
The Villas will have 3 distinct luxury interior designs ranging from Najdi to contemporary. On completion, the Diriyah Project will feature 20,000 residential units, luxury hotels, and restaurants.
The Ritz-Carlton Residences offers six residential villa layouts with three to five bedrooms. Each villa includes a courtyard, an ideal space for residents to relax and unwind. Furthermore, residents can choose three interior designs, from traditional Najdi to contemporary.
Keep Reading: Marriott International Opens Bab Samhan, The First Luxury Collection Hotel in Diriyah
