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Aref el Rayess - Lebanese untitled 

Aref el Rayess

Lebanese untitled 

Found at Sothebys, Dubai
Boundless: Dubai, Lot 32
13. Nov - 13. Nov 2017
Estimate: XX.XXX
Price realised: XX.XXX
Aref el Rayess
1928-2005
LEBANESEUNTITLED 
signed and dated Rayess '61
oil on wood 
130 by 50cm.; 51 1/8 by 19 3/4 in.
Galleria Numero, Florence   | Private Collection, Venice (acquired directly from the above in 1983) | Acquired directly from the above by the present owner in 2007

Auction result well in line with expectations

In November 2017 Sothebys in Dubai held the auction Boundless: Dubai, which included the work Lebanese untitled  by Aref El Rayess. The price achieved of USD 22,500.00 (€ 18,910.74) was within expectations - the estimate range had previously been set by the auction house as USD 18,000.00 – 25,000.00. Admittedly, works by Aref El Rayess have also been auctioned for a multiple of this price - according to our records, the highest result so far was achieved by the work Jeddah (Al Shatek el Hadi) (The Calm Shore) in March 2015 with an auction result of USD 137,000.00 (€ 127,548.65).

Auktionsergebnis im Rahmen der Erwartungen

Im November 2017 führte Sothebys in Dubai die Auktion Boundless: Dubai durch, in der auch die Arbeit Lebanese untitled  von Aref El Rayess zur Versteigerung kam. Der dabei erzielte Preis von USD 22.500,00 (€ 18.910,74) lag im Rahmen der Erwartungen – die Schätzpreisspanne war von dem Auktionshaus zuvor mit USD 18.000,00 – 25.000,00 angegeben worden. Freilich wurden Arbeiten von Aref El Rayess auch schon für ein Vielfaches dieses Preises versteigert – das bisher höchste Ergebnis erzielte nach unseren Aufzeichnungen die Arbeit Jeddah (Al Shatek el Hadi) (The Calm Shore) im März 2015 mit einem Auktionsergebnis von USD 137.000,00 (€ 127.548,65).

Other artists in this auction

Etel Adnan - Lebanese i) Untitled  Ii) Untitled 
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Farid Belkahia - Moroccan untitled 
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Youseff Sida - Egyptian calligraphy 
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Zaha Hadid - British aqua Table (From The Principal Collection)
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