The modern and contemporary Middle Eastern art market has experienced significant growth since the category began gaining recognition among collectors regionally and globally over the past decade. Twentieth century Arab and Iranian Art has witnessed an extraordinary development that is in keeping with the rich artistic legacy of the region and is reflected in the world's long standing fascination and interest in Middle Eastern art and culture.
Bonhams has maintained a significant international presence in the market since the early years of its development. During our inaugural sale of modern Middle Eastern art in Dubai in 2008, Bonhams broke 33 world records and witnessed the first Middle Eastern artwork to achieve an auction sale of over one million dollars; Farhad Moshiri's stunning mixed media work "Eshgh".
Since then Bonhams has firmly established itself as one of the leading auction houses in the category, holding regular bi-annual sales first in Dubai and now in London, in recognition of the growing international market for art from the Middle East and surrounding regions.