【Abu Dhabi, U】A Rare Blue Diamond Exhibited in Abu Dhabi Ahead of Auction

Editor’s Note

A rare 10.03-carat blue diamond, valued at an estimated $20 million, was previewed in Abu Dhabi this week ahead of its auction in Geneva this May. This glimpse highlights the intersection of luxury, art, and high-stakes commerce on the global stage.

Exhibition in Abu Dhabi

Abu Dhabi – A large 10.03-carat blue diamond, with an estimated value of $20 million, was unveiled on Tuesday in Abu Dhabi, the capital of the United Arab Emirates, before being auctioned in mid-May in Geneva, Switzerland.

International Tour

The “Mediterranean Blue” (its name) will also be shown to collectors and enthusiasts in Taipei, Hong Kong, and New York before the sale, according to the auction house Sotheby’s.

Rarity Highlighted
“Blue diamonds are at the pinnacle of the rarity pyramid,” emphasized Quig Bruning, head of Sotheby’s jewelry department for North America, Europe, and the Middle East, in the capital of the wealthy oil-rich emirate.
Star of a Major Collection

The “Mediterranean Blue” will not be sold alone. It is the star piece of a collection to be auctioned for an estimated total of about $100 million, which includes “the world’s largest and purest diamonds, the second-largest known red diamond, and several diamonds over 100 carats,” according to a statement from the auction house.

Luxury Market Context

In Abu Dhabi, the cut stones shared space with sumptuous jewels, including a necklace encrusted with white diamonds and a 100.26-carat pear-shaped brown diamond pendant.

The Gulf countries are “at the center of the major trends in the luxury market,” highlights Bruning.
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⏰ Published on: April 16, 2025