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Singer's watches and jewellery fetches high price at auction

First published: 30-04-2009

Watches and jewellery belonging to a legendary Egyptian singer have been sold at auction in Dubai.

Christie's Middle East sold more than 120 watches as part of the collection, which contributed to total sales of over $4 million (£2.7 million).

The jewellery belonged to Umm Kelthum, who died in 1975, but who has been remembered in the Middle East once more through her impressive collection of expensive items.

Among the more expensive lots were a multi-strand pearl necklace, which fetched an impressive $80,500 (£54,638).

"Buying was selective but nearly three-quarters of the value of the sale was bought by Middle Eastern buyers, an encouraging sign of the developing jewelry and watch market in the region," said David Warren, director of jewellery for Christie's Middle East.

Watch sales totalled $1,227,550 (£833,460), of which 97 per cent were sold in lots to bidders from countries including Greece, Singapore, Indonesia and the UAE.

The event took place at the Jumeirah Emirates Towers Hotel, the retail website of which was recently made accessible to disabled users.

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