Ayyam Auctions’ eighth sale garners nearly $250,000 USD in sales

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On May 20, Ayyam Auctions held its eighth public sale in Dubai, yielding nearly $250,000 USD via 65 lots. The first of two Young Collectors Auctions that are scheduled for 2011, the event attracted beginning and seasoned buyers from across the Middle East. Organized in an informal setting with moderately priced painting, sculpture, photography, limited edition prints and conceptual art, this recent sale was tailored for budding collectors who, although freshly introduced to the auction experience, are looking to cultivate significant holdings of art.