Sahara Centre is displaying the Najmat Taiba (Star of Taiba), a 21-carat jewel valued at $3m
Sahara Centre, Sharjah’s retail, entertainment and leisure destination, is displaying the world’s largest gold ring, Najmat Taiba (Star of Taiba).
Customers at the mall can enjoy an exclusive opportunity to view the $3 million masterpiece as it becomes Sharjah’s star attraction this month.
The 21-carat Najmat Taiba, which has been recognised by the Guinness Book of World Records and endorsed by the World Gold Council, weighs almost 64 kilograms and is studded with 5.1 kilograms of precious stones and diamonds, as well as 615 Swarovski crystals.
More than 50 jewel smiths worked for 10 hours a day for 45 days to craft the ring, which is owned by Dubai-based company Taiba and has been put on display by Rossella Jewellery, a statement said.
The Najmat Taiba cost its owner only $547,000 to make back in 2000, when gold was priced at about $250 an ounce. Gold prices has since soared and are now trading high at about $1,497.50 on today’s market, giving the ring an immense value estimated at $3 million, it added.For all the latest retail news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.