DMCC, the world\u2019s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, today hosted the unveiling of one of the world\u2019s largest internally flawless fancy vivid pink diamonds \u2013 the “Williamson Pink Star” \u2013 at the Dubai Diamond Exchange (DDE).<\/p>\n
The 11.15 carat flawless pink diamond started its roadshow in Dubai, one of the world\u2019s leading diamond trade hubs, and will travel to Singapore and Taipei, before being offered by Sotheby\u2019s at a single-lot auction in Hong Kong in October. Expected to fetch over US$21 million, the Williamson Pink Star diamond has the potential to set a new price per carat record given its incredible purity.<\/p>\n
Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer, DMCC, said, “From announcing the UAE as the world\u2019s largest rough diamond trade hub to posting record-breaking diamond trade figures for the first half of the year, 2022 has been a monumental year for Dubai\u2019s diamond story. Sotheby\u2019s hosting the first unveiling of such an exceptional pink diamond at the Dubai Diamond Exchange is yet another demonstration of Dubai\u2019s significant role in the global diamond industry.”<\/p>\n
For his part, Wenhao Yu, Chairman of Jewellery and Watches at Sotheby\u2019s Asia, commented, “The discovery of a gem-quality pink diamond of any size is an extremely rare occurrence. Driven by a limited supply and rising demand, prices for top-quality large pink diamonds over 5 carats have increased exponentially over the past decade, serendipitously setting the scene for the appearance now of this one-of-a-kind stone.”<\/p>\n","protected":false},"excerpt":{"rendered":"
DMCC, the world\u2019s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise, today hosted the unveiling of one of the world\u2019s largest internally flawless fancy vivid pink diamonds \u2013 the “Williamson Pink Star” \u2013 at the Dubai Diamond Exchange (DDE). The 11.15 carat flawless pink diamond started its roadshow in Dubai, […]<\/p>\n","protected":false},"author":1,"featured_media":50816,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-50815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/50815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/comments?post=50815"}],"version-history":[{"count":1,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/50815\/revisions"}],"predecessor-version":[{"id":50817,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/posts\/50815\/revisions\/50817"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media\/50816"}],"wp:attachment":[{"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/media?parent=50815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/categories?post=50815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.dubaicityguide.com\/site\/wp-json\/wp\/v2\/tags?post=50815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}