Luxury Watches Cost in Dubai? Price Breakdown by Brand?

Dubai is a global hub for luxury watches, attracting collectors and enthusiasts from around the world. With its tax-free shopping, numerous high-end boutiques, and a thriving second-hand market, the city offers some of the best deals on used luxury timepieces. Whether you’re looking for a pre-owned Rolex, Patek Philippe, Audemars Piguet, or Richard Mille, Dubai’s watch market provides competitive pricing and a vast selection.

In this blog, we’ll break down the prices of used luxury watches in Dubai by brand and provide insights into where and how to buy them.

Why Buy a Used Luxury Watch in Dubai?

Purchasing a second-hand luxury watch in Dubai comes with several advantages:

Competitive Pricing: Dubai offers better prices on used watches compared to other global markets due to lower taxes and a strong resale market.
Wide Selection: With numerous watch dealers, auctions, and online marketplaces, you can find rare and limited-edition timepieces.
Investment Potential: Luxury watches hold or even increase in value over time, making them a sound investment.

Now, let’s explore the price breakdown of some of the top luxury watch brands available in Dubai.

Used Luxury Watch Price Breakdown by Brand

1. Rolex

Rolex remains the most sought-after luxury watch brand, known for its durability, precision, and timeless design. Pre-owned Rolex watch price in Dubai vary depending on the model, condition, and rarity.

Rolex Submariner: AED 30,000 – AED 55,000
Rolex Daytona: AED 80,000 – AED 180,000 (Paul Newman editions can go much higher)
Rolex GMT-Master II: AED 45,000 – AED 100,000
Rolex Datejust: AED 20,000 – AED 40,000
Rolex Day-Date (President): AED 60,000 – AED 120,000

Rare vintage models or limited editions can fetch significantly higher prices, especially if they come with original papers and box.

2. Patek Philippe

Patek Philippe watches are synonymous with prestige, craftsmanship, and exclusivity. Their value appreciates over time, making them a preferred choice for collectors.

Patek Philippe Nautilus 5711: AED 350,000 – AED 600,000 (Highly sought after and prices fluctuate)
Patek Philippe Aquanaut: AED 200,000 – AED 350,000
Patek Philippe Calatrava: AED 50,000 – AED 150,000
Patek Philippe Grand Complications: AED 300,000 – AED 1,500,000 (Depending on complications and rarity)

Due to limited production, some Patek Philippe models command high premiums in the secondary market.

3. Audemars Piguet

Audemars Piguet, particularly the Royal Oak collection, has seen a surge in demand, making used models highly valuable.

Audemars Piguet Royal Oak 15500ST: AED 150,000 – AED 250,000
Audemars Piguet Royal Oak Offshore: AED 120,000 – AED 300,000
Audemars Piguet Royal Oak Perpetual Calendar: AED 500,000 – AED 1,000,000

Rare or discontinued Royal Oak models often sell at much higher prices, reflecting their desirability among collectors.

4. Richard Mille

Richard Mille watches are known for their cutting-edge technology and exclusivity. Due to limited production, the prices of used Richard Mille watches in Dubai remain exceptionally high.

Richard Mille RM 11-03 (Flyback Chronograph): AED 1,000,000 – AED 1,500,000
Richard Mille RM 35-02 (Rafael Nadal Edition): AED 900,000 – AED 1,300,000
Richard Mille RM 07-01 (Ladies Collection): AED 600,000 – AED 1,000,000
Richard Mille RM 27-01 (Tourbillon Rafael Nadal): AED 3,000,000+

The exclusivity of Richard Mille watches makes them a strong investment choice for serious collectors.

5. Omega

Omega watches offer a more accessible entry into the luxury watch market, yet they retain strong value in the second-hand market.

Omega Speedmaster Professional (Moonwatch): AED 15,000 – AED 25,000
Omega Seamaster Diver 300M: AED 12,000 – AED 22,000
Omega Constellation: AED 8,000 – AED 18,000

While not as high in resale value as Rolex or Patek Philippe, Omega watches remain popular due to their heritage and affordability.

Where to Buy Used Luxury Watches in Dubai

If you’re looking to purchase a pre-owned luxury watch in Dubai, consider the following places:

Luxury Watch Boutiques: Stores in Dubai Mall, The Dubai Watch Club, and BurJuman Centre offer authentic used watches with warranties.
Pre-Owned Watch Dealers: Trusted sellers like WatchBox Dubai, Momentum, and Dubai Watch Store have a wide selection of high-end watches.
Online Marketplaces: Platforms like Chrono24, Watchfinder, and local classified sites provide access to private sellers and verified dealers.
Watch Auctions: Christie’s and Sotheby’s Dubai hold luxury watch auctions where rare timepieces can be purchased.

Tips for Buying a Used Luxury Watch in Dubai

Verify Authenticity: Always check for original papers, serial numbers, and authenticity certificates.
Buy from Reputable Sellers: Choose established dealers with positive reviews to avoid counterfeits.
Compare Prices: Research prices across different sellers to ensure you’re getting a fair deal.
Check the Condition: Examine the watch’s movement, dial, and bracelet for signs of wear or modifications.

Conclusion

Dubai offers a thriving market for pre-owned luxury watches, providing buyers with competitive prices and a vast selection of brands. Whether you’re after a Rolex, Patek Philippe, Audemars Piguet, Richard Mille, or Omega, the city has numerous options for collectors and enthusiasts. By doing thorough research and purchasing from reputable sellers, you can secure a valuable timepiece at a great price.

If you’re considering investing in a used luxury watch, Dubai remains one of the best places to make your purchase. Happy watch hunting!