【Dubai, Unite】2.8kg Tanzanian Ruby Exhibited in Dubai

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Editor’s Note

A rare glimpse of one of the world’s largest and most valuable raw rubies, the “Burj Alhamal,” was offered in Dubai ahead of its auction, with an estimated price tag of up to $120 million.

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World’s Largest Raw Ruby on Display

One of the world’s largest raw rubies, nicknamed “Burj Alhamal,” was presented to the public for the first time on Friday at a hotel in Dubai, United Arab Emirates, ahead of its auction. The price of this stone, with its greenish and dark violet hues, could reach $120 million. Weighing 2.8 kg, it is one of the largest raw rubies ever discovered in the world and is among the rarest rubies.

A Natural and Precious Gem
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“This is a raw ruby from Tanzania, it is 8,400 carats, it is not heated. What I mean by not being heated is that it has not been treated. So it is natural and that’s why it is precious. We are going to auction it, but before the sale, for the next 30 days, we will tour Dubai to different locations where everyone can see it. Because it is important to show that it really exists. You can search for these images on Google, but you won’t know if they are real or not,” explained Patrick Bellati, Managing Director of SJ Gold & Diamond.
Dubai’s Gem Market Status

The arrival of Burj Alhamal in Dubai consolidates the region’s status as a leader in the gemstone market. During its auction, it will be revealed whether the stone will be cut into smaller pieces or sold as is. The potential buyer of the stone will have to decide what to do with it after acquisition. Last month, a giant diamond called “The Rock” was also presented for the first time in Dubai.

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⏰ Published on: August 13, 2024