-The Esquire 100 - Michael Jeha
The art market in Dubai has changed dramatically since auction house Christie’s first opened its doors in the UAE.
Both art and buyers may have always been here, but confidence and communication was missing. Today that is different, in part to the success of Michael Jeha, managing director of Christie’s Dubai.
“Before we started, it [the art scene] was very localised,” he said. “It has been a key part of our strategy over the last decade to develop relationships with families, collectors and artists. We helped to regionalise the market and then, beyond that, internationalise it.”
In 2017, Christie’s reported that sales in Europe and the Middle East totalled $2 billion — up 11 percent from the previous year.
The figure includes sales to Middle East-based buyers as well as sales originating from the Middle East. Indicating that things are on the up as the region continues in its education.