The Young Collectors Auction amasses over $1 million

DUBAI- The Young Collectors Auction 20, the third of the 2014 season, was held at Ayyam Gallery in Alserkal Avenue, Dubai on the evening of 27 May, amassing over $1,173,000 from seventy-seven lots, 81% of which sold.

Featuring painting, photography, limited-edition prints, sculpture, and installation, the auction showcased standout works by Middle Eastern artists. Significant sales of contemporary works included conceptual photographer Lara Zankoul’s playful yet poignant work Feminine Side (2013), which sold for $6,000, three times its estimated price. Alireza Fani’s conceptual photograph Shut Up!(2009), which comments on the hindrance of free speech in Iran through charged symbolism, sold well above estimate at over $10,000.

Syrian painter Kais Salman’s New Wave (2012), which comments on today’s rampant consumerism and commercialism with a disfigured heroine, sold for twice its estimated price at over $21,000. She Loves Me, She Loves Me Not (2012), Kuwaiti artist Shurooq Amin’s satirical take on prescribed gender roles and the secret lives of a conservative state, sold for over twice its estimate at nearly $14,000.

A highlight for the May auction included a rare collection of paintings by modern and contemporary Syrian pioneers, boasting leading figures such as Fateh Moudarres, Louay Kayyali, and Moustafa Fathi. An untitled work by Fathi, employing the late artist’s signature wood block stamp, sold at three times its estimate at $90,000. The pièce de résistance of the evening was Kayyali’sBoats, a brooding still life executed during a seminal 1960s period that sold well above estimate at $156,000.

Enthusiastic bidding generated a dynamic ambiance for those bidding as well onlookers. Building on the increasing levels of new attendees, record-breaking sales, and a buzzing salesroom of last night’s sale, the twenty-first edition of The Young Collectors Auction will be held at Ayyam Gallery (Al Quoz) in September 2014.