Dubai's DMCC and Rapaport Diamond Corporation are set to host the largest polished diamond auction in Dubai's history. More than 50,000 carats across 3,200+ lots will be up for sale, making this a milestone event.
Largest Auction to Date
Source: Rapaport auctions
The auction will feature 2,800 single stones and 415 melee lots, offering international buyers a prime opportunity to secure diamonds at competitive prices.
Martin Rapaport, Chairman of Rapaport Group, emphasized Dubai’s growing influence in the diamond trade: "Dubai is becoming a key hub for polished diamonds, and we are thrilled to offer this exceptional auction."
Dubai’s Diamond Trading Hub
Source: Arabian Business
Ahmed Bin Sulayem, Executive Chairman of DMCC, shared: "This auction marks another step toward solidifying Dubai as the global diamond capital."
The auction runs from September 22-25 at Almas Tower, with bidding closing on October 1. Registration is open to trade members online.
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