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Art attracts GCC, says Christie's

  • United Arab Emirates: Monday, March 17 - 2008 at 09:54

The Christie's YouGov Siraj Survey polled more than 100,000 GCC residents and showed that art has gathered 'importance value' over the past five years as 40% of participants anticipate spending on art over the next 5 years, while 60% of participants have purchased some form of art, the most common form was paintings following by jewellery and watches. Christie's also backed up the research showing its sales to date in Dubai have achieved $61.4m since inaugural sale in May 2006, of which $53m was in 2007 alone.

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