The Eternal Pink will go on display in Dubai in May, with exact dates yet to be confirmed, as part of a world tour. AP
The Eternal Pink will go on display in Dubai in May, with exact dates yet to be confirmed, as part of a world tour. AP
The Eternal Pink will go on display in Dubai in May, with exact dates yet to be confirmed, as part of a world tour. AP
The Eternal Pink will go on display in Dubai in May, with exact dates yet to be confirmed, as part of a world tour. AP

Ten of the most expensive diamonds sold at auction


Sophie Prideaux
  • English
  • Arabic

A pink diamond said to be among the most valuable to be auctioned will be on show at Sotheby’s Dubai in May.

Dubbed the "Eternal Pink", the 10.57-carat fancy vivid purplish pink diamond will be included in Sotheby’s Magnificent Jewels lot in New York on June 8, and is expected to achieve in excess of $35 million.

The cushion-cut gemstone is internally flawless and is the most vivid pink diamond to come to market, Sotheby’s said, and it carries the highest price-per-carat estimate placed on any diamond or gemstone, at $3,311,258.

Ahead of its sale, here are the 10 most expensive diamonds to go under the hammer.

10. The Pink Promise, $32.5 million

The Pink Promise sold for $32.5 million in 2017. Photo: Stephen Silver Fine Jewellery
The Pink Promise sold for $32.5 million in 2017. Photo: Stephen Silver Fine Jewellery

This 14.93-carat fancy vivid pink stone is one of the most unusual pink diamonds to be sold at auction thanks to its unique shape. Known as the “Picasso of the pink diamond world”, it's what's known as a moval — a cross between an oval and a marquise.

Set in a platinum ring surrounded by diamonds, the stone fetched $32.5 million when it was sold at auction by Christie's Hong Kong in 2017.

9. The Zoe Diamond, $32.6 million

The Zoe Diamond was sold by Sotheby's in New York in 2014 for more than double its estimate. Photo: Sotheby's
The Zoe Diamond was sold by Sotheby's in New York in 2014 for more than double its estimate. Photo: Sotheby's

This 9.75-carat fancy vivid blue diamond was sold by Sotheby's in November 2014 for more than double its high estimate, at the time setting two records in the process — the price paid for a blue diamond at $32.6 million and price-per-carat for any diamond at $3.3 million

The stone was part of a collection owned by Rachel "Bunny" Mellon, a former White House gardener and philanthropist who was married to banker Paul Mellon, formerly America's richest man. The sale happened shortly after her death in March 2014, aged 103.

Following the sale, the stone was named the Zoe Diamond.

8. The Orange, $35.5 million

The Orange diamond was sold by Christie’s in Geneva in November 2013 for $35.5 million. Photo: Christie's
The Orange diamond was sold by Christie’s in Geneva in November 2013 for $35.5 million. Photo: Christie's

Sold by Christie’s in Geneva in November 2013, The Orange is one of the few orange diamonds to be graded as Fancy Vivid by the Gemological Institute of America.

The pear-shaped diamond is the largest of its kind yet discovered, outweighing the nearest contender by 9 carats.

It was bought at auction by an undisclosed bidder for $35.5 million.

7. The Princie Diamond, $39.3 million

The Princie Diamond was sold by Christie's in 2013 for $39.3 million. Photo: Christie's
The Princie Diamond was sold by Christie's in 2013 for $39.3 million. Photo: Christie's

Dating back more than three centuries, the Princie Diamond, as it was named by famed jeweller Van Cleef & Arpels, was discovered in India, and was owned by the royal family of Hyderabad.

Rated as fancy intense by the GIA, the cushion-cut pink diamond is the third-largest in the world, weighing 34.65 carats. It first came to auction in 1960, courtesy of Sotheby’s, where it was purchased by Van Cleef for $65,000.

When it came to auction again in 2013, this time sold by Christie’s, it was estimated at $45 million. While it failed to reach that amount, it still sold for an impressive $39.3 million, which at the time made it the most expensive diamond to be sold by the auction house. The diamond is held by the Qatari royal family.

6. The Graff Pink, $46.2 million

The Graff Pink was sold by Sotheby's in 2010 for $46.2 million. Photo: Sotheby's
The Graff Pink was sold by Sotheby's in 2010 for $46.2 million. Photo: Sotheby's

Described by the chairman of the Sotheby’s International Jewellery Division as “one of the most desirable diamonds I have ever seen”, the 24.78-carat Graff Pink is classified as rare by the GIA.

The emerald-cut jewel, which is mounted on a platinum band and framed by a diamond on each side, got its name after it was sold at auction by Sotheby’s in 2010 to British jeweller Laurence Graff.

The ring was first sold to a private collector by Harry Winston in the 1950s.

5. The Blue Moon Of Josephine, $48.5 million

The Blue Moon Of Josephine was sold by Sotheby's Geneva for $48.5 million in 2015. Photo: Sotheby's
The Blue Moon Of Josephine was sold by Sotheby's Geneva for $48.5 million in 2015. Photo: Sotheby's

Just a year after the Blue Moon diamond was discovered in South Africa in 2014, it reached the highest price paid for a diamond per carat during a Sotheby’s auction in Geneva.

The 12.03-carat, cushion-cut blue diamond, categorised as Fancy Vivid by the GIA, was bought for $48.5 million by Japanese businessman Joseph Lau, who renamed it the Blue Moon of Josephine when he gave it to his young daughter.

During the same auction, he also bought two more gems for his daughter, a 16-carat pink diamond named Sweet Josephine, and another blue diamond called the Star of Josephine.

4. Williamson Pink Star, $49.9 million

The Williamson Pink Star diamond set a record for price-per-carat for any diamond or gemstone. AFP
The Williamson Pink Star diamond set a record for price-per-carat for any diamond or gemstone. AFP

Before it came up for auction at Sotheby's Hong Kong in October last year, the Williamson Pink Star set a new record for its price-per-carat estimate. Initially, the 11.15-carat fancy vivid pink internally flawless diamond carried an estimate of $21 million ($1,883,408 per carat). However, it sold for more than double that, with a hammer price of $49.9 million, setting a new record of $5,178,124 per carat.

The Williamson Pink Star is yielded from a 32-carat rough diamond at the Williamson Diamond Mine in Tanzania.

Only two fancy vivid pink diamonds are known to be larger than this one, and of those only one has appeared at auction.

3. The Pink Legacy, $50 million

The Pink Legacy was sold by Christie's Geneva for $50 million in 2018. Photo: Christie's
The Pink Legacy was sold by Christie's Geneva for $50 million in 2018. Photo: Christie's

With a colour saturation grade seen in only one in a million diamonds, the Pink Legacy naturally attracted a lot of attention when it came up for auction for the first time in 2018, a century after it was first mined in South Africa in 1918.

The 18.96-carat diamond was sold for $50 million by Christie's Geneva to Harry Winston, where chief executive Nayla Hayek renamed the gem the Winston Pink Legacy.

The gem was previously in the possession of the Oppenheimer family, who ran the De Beers diamond mining group.

2. The Oppenheimer Blue, $57.6 million

The Oppenheimer Blue was sold by Christie’s Geneva in 2016 for $57.6 million. Photo: Christie's
The Oppenheimer Blue was sold by Christie’s Geneva in 2016 for $57.6 million. Photo: Christie's

The Blue Moon of Josephine held the record as the most expensive blue diamond sold at auction for 12 months, when the Oppenheimer Blue came up for sale at Christie's Geneva in 2016.

At 14.62 carats, the fancy vivid blue diamond, flanked by two smaller diamonds and set on a platinum band, is the largest of its kind to sell at auction. Its sale resulted in a 25-minute bidding war over the phone, with the hammer finally coming down at $57.6 million.

1. The Pink Star, $71.2 million

The Pink Star sold at auction in Hong Kong for $71.2 million, breaking the record for the most expensive jewel sold at auction. Photo: Sotheby's
The Pink Star sold at auction in Hong Kong for $71.2 million, breaking the record for the most expensive jewel sold at auction. Photo: Sotheby's

Acknowledged as one of the world’s rarest gems, The 59.6-carat Pink Star diamond made history when it was auctioned by Sotheby’s in Hong Kong in 2017, becoming the most expensive jewel sold at auction.

The pink diamond was cut from a rough stone mined by the De Beers group in 1999, a process that took more than 20 months. In 2003, the diamond went on display in London, before being moved to the Natural History Museum in 2005, where it attracted more than 70,000 visitors a day.

It first came up for auction in 2013, where it was purchased for $83 million by New York diamond cutter Isaac Wolf on behalf of a group of investors. However, it was returned to Sotheby’s after Wolf defaulted on the payment.

The jewel came back up for auction in 2017, this time in Hong Kong, where it sold to Chow Tai Fook Enterprises for $71.2 million. It was renamed the CTF Pink Star Diamond, in honour of the company's founder.

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The specs

Engine: 6.2-litre V8

Power: 502hp at 7,600rpm

Torque: 637Nm at 5,150rpm

Transmission: 8-speed dual-clutch auto

Price: from Dh317,671

On sale: now

The specs

Engine: 2.0-litre 4-cylturbo

Transmission: seven-speed DSG automatic

Power: 242bhp

Torque: 370Nm

Price: Dh136,814

Sole survivors
  • Cecelia Crocker was on board Northwest Airlines Flight 255 in 1987 when it crashed in Detroit, killing 154 people, including her parents and brother. The plane had hit a light pole on take off
  • George Lamson Jr, from Minnesota, was on a Galaxy Airlines flight that crashed in Reno in 1985, killing 68 people. His entire seat was launched out of the plane
  • Bahia Bakari, then 12, survived when a Yemenia Airways flight crashed near the Comoros in 2009, killing 152. She was found clinging to wreckage after floating in the ocean for 13 hours.
  • Jim Polehinke was the co-pilot and sole survivor of a 2006 Comair flight that crashed in Lexington, Kentucky, killing 49.
From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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TCL INFO

Teams:
Punjabi Legends 
Owners: Inzamam-ul-Haq and Intizar-ul-Haq; Key player: Misbah-ul-Haq
Pakhtoons Owners: Habib Khan and Tajuddin Khan; Key player: Shahid Afridi
Maratha Arabians Owners: Sohail Khan, Ali Tumbi, Parvez Khan; Key player: Virender Sehwag
Bangla Tigers Owners: Shirajuddin Alam, Yasin Choudhary, Neelesh Bhatnager, Anis and Rizwan Sajan; Key player: TBC
Colombo Lions Owners: Sri Lanka Cricket; Key player: TBC
Kerala Kings Owners: Hussain Adam Ali and Shafi Ul Mulk; Key player: Eoin Morgan

Venue Sharjah Cricket Stadium
Format 10 overs per side, matches last for 90 minutes
Timeline October 25: Around 120 players to be entered into a draft, to be held in Dubai; December 21: Matches start; December 24: Finals

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home. 

UAE v Gibraltar

What: International friendly

When: 7pm kick off

Where: Rugby Park, Dubai Sports City

Admission: Free

Online: The match will be broadcast live on Dubai Exiles’ Facebook page

UAE squad: Lucas Waddington (Dubai Exiles), Gio Fourie (Exiles), Craig Nutt (Abu Dhabi Harlequins), Phil Brady (Harlequins), Daniel Perry (Dubai Hurricanes), Esekaia Dranibota (Harlequins), Matt Mills (Exiles), Jaen Botes (Exiles), Kristian Stinson (Exiles), Murray Reason (Abu Dhabi Saracens), Dave Knight (Hurricanes), Ross Samson (Jebel Ali Dragons), DuRandt Gerber (Exiles), Saki Naisau (Dragons), Andrew Powell (Hurricanes), Emosi Vacanau (Harlequins), Niko Volavola (Dragons), Matt Richards (Dragons), Luke Stevenson (Harlequins), Josh Ives (Dubai Sports City Eagles), Sean Stevens (Saracens), Thinus Steyn (Exiles)

Jetour T1 specs

Engine: 2-litre turbocharged

Power: 254hp

Torque: 390Nm

Price: From Dh126,000

Available: Now

SPECS%3A%20Polestar%203
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MO
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MATCH INFO

Azerbaijan 0

Wales 2 (Moore 10', Wilson 34')

The%20Little%20Mermaid%20
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MATCH INFO

Manchester United 6 (McTominay 2', 3'; Fernandes 20', 70' pen; Lindelof 37'; James 65')

Leeds United 2 (Cooper 41'; Dallas 73')

Man of the match: Scott McTominay (Manchester United)

The specs
Engine: 2.0-litre 4-cyl turbo

Power: 201hp at 5,200rpm

Torque: 320Nm at 1,750-4,000rpm

Transmission: 6-speed auto

Fuel consumption: 8.7L/100km

Price: Dh133,900

On sale: now 

How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

THE LOWDOWN

Romeo Akbar Walter

Rating: 2/5 stars
Produced by: Dharma Productions, Azure Entertainment
Directed by: Robby Grewal
Cast: John Abraham, Mouni Roy, Jackie Shroff and Sikandar Kher 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
List of officials:

Referees: Chris Broad, David Boon, Jeff Crowe, Andy Pycroft, Ranjan Madugalle and Richie Richardson.

Umpires: Aleem Dar, Kumara Dharmasena, Marais Erasmus, Chris Gaffaney, Ian Gould, Richard Illingworth, Richard Kettleborough, Nigel Llong, Bruce Oxenford, Ruchira Palliyaguruge, Sundaram Ravi, Paul Reiffel, Rod Tucker, Michael Gough, Joel Wilson and Paul Wilson.

Company profile

Name: Tharb

Started: December 2016

Founder: Eisa Alsubousi

Based: Abu Dhabi

Sector: Luxury leather goods

Initial investment: Dh150,000 from personal savings

 

In numbers: China in Dubai

The number of Chinese people living in Dubai: An estimated 200,000

Number of Chinese people in International City: Almost 50,000

Daily visitors to Dragon Mart in 2018/19: 120,000

Daily visitors to Dragon Mart in 2010: 20,000

Percentage increase in visitors in eight years: 500 per cent

Stage 5 results

1 Tadej Pogacar (SLO) UAE Team Emirates 3:48:53

2 Alexey Lutsenko (KAZ) Astana Pro Team -

Adam Yates (GBR) Mitchelton-Scott - 

4 David Gaudu (FRA) Groupama-FDJ  0:00:04

5 Ilnur Zakarin (RUS) CCC Team 0:00:07

General Classification:

1 Adam Yates (GBR) Mitchelton-Scott 20:35:04

2 Tadej Pogacar (SlO) UAE Team Emirates 0:01:01

3 Alexey Lutsenko (KAZ) Astana Pro Team 0:01:33

4 David Gaudu (FRA) Groupama-FDJ 0:01:48

5 Rafał Majka (POL) Bora-Hansgrohe 0:02:11

COMPANY PROFILE
Name: Kumulus Water
 
Started: 2021
 
Founders: Iheb Triki and Mohamed Ali Abid
 
Based: Tunisia 
 
Sector: Water technology 
 
Number of staff: 22 
 
Investment raised: $4 million 
It Was Just an Accident

Director: Jafar Panahi

Stars: Vahid Mobasseri, Mariam Afshari, Ebrahim Azizi, Hadis Pakbaten, Majid Panahi, Mohamad Ali Elyasmehr

Rating: 4/5

Army of the Dead

Director: Zack Snyder

Stars: Dave Bautista, Ella Purnell, Omari Hardwick, Ana de la Reguera

Three stars

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WOMAN AND CHILD

Director: Saeed Roustaee

Starring: Parinaz Izadyar, Payman Maadi

Rating: 4/5

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What is the definition of an SME?

SMEs in the UAE are defined by the number of employees, annual turnover and sector. For example, a “small company” in the services industry has six to 50 employees with a turnover of more than Dh2 million up to Dh20m, while in the manufacturing industry the requirements are 10 to 100 employees with a turnover of more than Dh3m up to Dh50m, according to Dubai SME, an agency of the Department of Economic Development.

A “medium-sized company” can either have staff of 51 to 200 employees or 101 to 250 employees, and a turnover less than or equal to Dh200m or Dh250m, again depending on whether the business is in the trading, manufacturing or services sectors. 

What it means to be a conservationist

Who is Enric Sala?

Enric Sala is an expert on marine conservation and is currently the National Geographic Society's Explorer-in-Residence. His love of the sea started with his childhood in Spain, inspired by the example of the legendary diver Jacques Cousteau. He has been a university professor of Oceanography in the US, as well as working at the Spanish National Council for Scientific Research and is a member of the World Economic Forum’s Global Future Council on Biodiversity and the Bio-Economy. He has dedicated his life to protecting life in the oceans. Enric describes himself as a flexitarian who only eats meat occasionally.

What is biodiversity?

According to the United Nations Environment Programme, all life on earth – including in its forests and oceans – forms a “rich tapestry of interconnecting and interdependent forces”. Biodiversity on earth today is the product of four billion years of evolution and consists of many millions of distinct biological species. The term ‘biodiversity’ is relatively new, popularised since the 1980s and coinciding with an understanding of the growing threats to the natural world including habitat loss, pollution and climate change. The loss of biodiversity itself is dangerous because it contributes to clean, consistent water flows, food security, protection from floods and storms and a stable climate. The natural world can be an ally in combating global climate change but to do so it must be protected. Nations are working to achieve this, including setting targets to be reached by 2020 for the protection of the natural state of 17 per cent of the land and 10 per cent of the oceans. However, these are well short of what is needed, according to experts, with half the land needed to be in a natural state to help avert disaster.

The%20specs
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Company profile

Name: Tratok Portal

Founded: 2017

Based: UAE

Sector: Travel & tourism

Size: 36 employees

Funding: Privately funded

The Florida Project

Director: Sean Baker

Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe

Four stars

Dubai Bling season three

Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed 

Rating: 1/5