Picasso Masterpiece, Valued at $120 Million, Debuts in Dubai Exhibition

Dubai Exhibition Showcases Picasso’s “Golden Muse” Ahead of $120 Million Auction

Dubai, known for its opulence and burgeoning art scene, welcomed a momentous exhibition featuring one of Pablo Picasso’s most treasured works.

The 1932 portrait of Marie-Therese Walter, Picasso’s muse and confidante, is poised to hit the auction block with an estimated value of at least $120 million.

A Rare Public Display

Art enthusiasts and collectors have the privilege of viewing this iconic artwork during a two-day exhibition in Dubai, marking a historic occasion.

The portrait, titled “Femme a la montre,” will later journey to Hong Kong and London, marking the first time in half a century that it graces an international audience beyond the United States.

UAE’s Cultural Ascent

The United Arab Emirates, committed to establishing itself as a global cultural hub, is hosting this exceptional exhibition as part of its cultural endeavors.

Culture Minister Sheikh Salem bin Khalid al-Qassimi expressed the significance of the moment, highlighting the UAE’s status as a premier art destination.

Auctioning a Piece of History

Scheduled for sale in November, the portrait is part of the late New Yorker Emily Fisher Landau’s esteemed art collection, setting the stage for a momentous auction.

This remarkable piece of Picasso’s legacy encapsulates the artist’s connection with Marie-Therese Walter, a pivotal figure in his life and art.

Marie-Therese Walter: The Muse

Marie-Therese Walter’s profound influence on Picasso’s work cannot be overstated.

Their fateful encounter in 1927 in Paris, when Picasso was still married to Olga Khokhlova, marked the beginning of a creative partnership that has left an indelible mark on art history.

Walter’s presence is evident in multiple Picasso masterpieces, including “Femme assise pres d’une fenetre (Marie-Therese),” which sold for $103.4 million in 2021.

Picasso’s Enduring Legacy

Pablo Picasso, who passed away half a century ago, continues to be a towering figure in the art world. His dynamic creativity and prolific output have cemented his status as one of the most influential artists of the modern era.

Despite his artistic genius, Picasso’s legacy has also been marred by allegations of controlling behavior towards the women in his life, reflecting the evolving discourse on relationships and power dynamics.

As Dubai embraces this historic exhibition, the world eagerly anticipates the upcoming auction, where Picasso’s masterpiece will find a new home, preserving its place in art history.

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