A historic Rolex Reference 4113, one of the rarest timepieces ever produced, has been sold for a staggering $4.7 million at an auction hosted by FutureGrail at the Bvlgari Yacht Club in Dubai. This sale marks the watch as the ninth most expensive Rolex in history, surpassing the previous record for the same model by over $1.2 million. Crafted in the 1940s, only 12 units of the Rolex Reference 4113 were ever made, with just nine known to have survived to this day. It is the only ‘split-seconds’ vintage chronograph ever produced by Rolex, adding to its exclusivity and allure. The watch has a strong connection to motor racing, having been owned by drivers and team owners over the decades. FutureGrail, a Singapore-based luxury auction house, organized the sale and is expanding its operations to the UAE in 2026 to meet growing demand in the Middle East. Ali Nael, CEO of FutureGrail, described the sale as a landmark event in auction history, highlighting the global appetite for rare luxury watches. Arnaud Tellier, Head of Curation at FutureGrail, emphasized the increasing interest from collectors and investors who view such items as valuable additions to their portfolios. This record-breaking sale underscores Dubai’s position as a hub for high-end auctions and luxury markets.
Dubai: Rolex sells for record-breaking $4.7 million; 9th most expensive in history
