DUBAI: One of the world’s biggest rough rubies has landed in Dubai to mark the launch of the new Callisto Collection by SJ Gold and Diamond, the Swiss firm said in a statement yesterday.
The rough Ruby, mined from the Central Tanzanian village of Winza, will make its first public appearance in the market at the Waldorf Astoria in Dubai Financial Centre on Friday.
SJ Gold and Diamond, established in Dubai since 2017, will display the record-breaking rough ruby gem called ‘Burj Al Hamal,’ or ‘Aries’ in English.
After Ramadan, the Ruby will be auctioned off to buyers in the UAE. The rare gem has been estimated to go for a minimum of $120 million.
Weighing in at a whopping 8,400 carats and 2.8kg in weight, the Burj Al Hamal will be unveiled by the event’s guest of honour and the renowned Hollywood actor, Tamer Hassan.
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