Jewad Salim art sets $384,000 Iraqi World Record price in Dubai



2015-06-26 12:05:07

Jewad Salim art sets $384,000 Iraqi World Record price in Dubai

Bonhams' auction saw total $4.4m sales in the UAE, as the country's investors continue to embrace art

A sculpture by the artist Jewad Salim brought a new World Record price for a piece of Iraqi art on Monday (October 11).

The piece, entitled Mother and Child, sold for $384,000 (Dh 1.4m) at an auction held by UK auction house Bonhams in Dubai.

Some of the works featured in the auction appeared with estimates between $6.2m and $8.3m.

 Jewad Salim's Mother and Child

According to Bonhams' description, the piece is made from fruitwood and mixed media. It beat the prior sale record also set by Salim of $336,000, achieved back in March 2008.

Many experts regard Salim as the 'father' of modern Arab art,a view which was no doubtconfirmedby Monday's sale.

Overall all, Bonhams' auction saw total sales of $4.4m with 60% of lots sold - the latest sign, as we have previously reported, that India's wealthy are increasingly turning to art investments.

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