Patek Philippe was the first brand to ever come up with the idea of a wristwatch. From that point to today, the brand has grown exponentially. We have some of the most exquisite collections of watches from Patek Philippe. These watches feature some of the most striking designs and intricate movements.
Patek Philippe
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| Patek Philippe Model | Secondary Market Price November 2024 |
|---|---|
| Nautilus 5712/1R-001 Rose Gold | AED 470,000 |
| Nautilus 5811 White Gold | AED 580,000 |
| Nautilus 5980/1R-001 | AED 770,000 |
| Aquanaut 5168G | AED 310,000 |
| Aquanaut 5968A | AED 480,000 |
Patek Philippe produces somewhere around 62,000 watches a year. Due to their desirability among watch collectors, the demand for these watches is relatively high. This results in huge waitlists if you are looking to buy it from a retail store. Hence, people are willing to pay huge premiums to skip the queue. As a result, prices of Patek Philippe watches are a lot more in the secondary market. At times, a Patek watch can cost twice or even thrice its retail price.
Patek Philippe watches are easier to source in Dubai. It is because of the extravagant lifestyle of people and the love for luxury watches in Dubai. This also means that these watches are often better priced than in other places in the world. The above table gives you a good look at the secondary market prices of different Patek Philippe watches in UAE.
In the modern-day, the Nautilus is one of the most popular options among people looking to buy Patek Philippe watches. The watch was released in the 1970s, and over the years, it has gained immense popularity. If you are looking to buy Patek Philippe Nautilus today, you will have to wait through a huge waiting list due to the huge demand.
One of the most popular models under the Nautilus collection was the 5711. The Swiss watch manufacturer discontinued the model in 2021. The model was considered the perfect sports watch featuring a 40mm dial.
Designs by Gerald Genta, the Nautilus was a game changer for the brand just like Royal Oak was for Audemars Piguet, which was also designed by Genta himself. Nautilus has over 27 models in the collection today. The watches are available in different precious metals including white gold, rose gold and stainless steel. There are even variants that are totally iced out (covered in diamonds). Some of them get different variations of complications.
While we cannot really talk about all the models, but one particular model that has caught the eye of many is the Patek Philippe 5712. The reference model is made out of stainless steel and comes with a moon phase and pointer date on one subdial. There are two more subdials showcasing the seconds and power reserve, respectively.
After the success of the Nautilus collection, Patek Philippe wanted to create a sports watch that appealed to the masses. That is how the first Aquanaut was born in 1997. It is a water-resistant watch that has a sportier edge over the Nautilus. The edge came with bold numerals and the iconic mid-century dial engraving.
Patek now has 17 models under this collection and they offer elegant bezels with brushed and polished casework. Some of these models also come with the company’s smart implication of dual time complication. These watches showcase the date on a subdial and even have dual-AM/PM indicators that make it a great traveler’s watch as well.
Patek Philippe introduced the Calatrava cross back in 1887. It immediately became the official symbol of the Geneva manufacture. Antoine Patek engraved the cross with Fleur-de-Lis ornaments on many Patek Philippe pocket watch cases. In Catholicism, the symbol represents a spiritual meaning. It is the emblem of the Order of Calatrava, which originated in the 12th century. It was a military order that had received papal approval after the knights saved a Spanish castle from an Arabic invasion.
With such a deep meaning, the Calatrava emblem now depicts the brand’s image. Since its introduction, Patek Philippe has been engraving the emblem on the winding crowns as well as case bottoms of its watches.
Patek Philippe Nautilus 5711 Tiffany was introduced back in 2021. It is a special timepiece that was created in collaboration with Tiffany & Co. What is otherwise a Nautilus 5711 steel, has just been paired with a Turquoise Blue dial with Tiffany & Co. signature on it. It looks a class apart from the regular Patek Philippe black dials.
The Swiss watchmaker has made only 170 examples of this watch, making it extremely rare. It is one of the most collectible watches Patek has ever produced. The retail price of the watch had been set at around AED 200,000. But when the watch went on an auction, it fetched a whopping AED 23.8 million. Looking at this success, Rolex also wanted to cash-in on the trend and this is why they introduced a new Turquoise Blue OP.
Patek Philippe Tiffany is also special because it is the last set of 5711 to be ever produced. The reference 5711 holds a special place in watch enthusiasts’ and collectors’ hearts. The watch is powered by the Patek Philippe Caliber 324 S C self-winding movement. It is visible through the sapphire crystal caseback, allowing the wearer to see the watch’s inner workings.
Founded in 1839, Patek Philippe & Co is a Swiss watch committed to focusing on a timepiece’s complicated mechanical inner workings. They also have a commitment to hand-making every single part of the watch. This has helped the brand reach a point where it is regarded as one of the best in the world of luxury watchmaking.
Antoine Patek, the founder of the company, manufactured his first watch alongside Francois Czapek. They both decided to call the company Patek, Czapek & Co at the time. In 1844, Patek crossed paths with Jean Adrien Philippe, a French horologist, at an exposition in Paris. The two watch experts worked together and ended up giving birth to Patek Philippe & Co in 1851.
Charles and Jean Stern, the owners of the Stern Frères watch dial factory, quietly acquired Patek, Philippe & Cie shares. Stern Frères were long-standing suppliers of the company. It was the commitment of the Stern family that turned around things for Patek Philippe. Now, it is the only family-run watch manufacturer running for generations in Geneva.
Patek Philippe began manufacturing watches in 1839. Since then, the company has produced fewer than a million watches. To put that into perspective, most luxury watch manufacturers produce a similar amount of watches in just one year. This is the reason behind the Patek watches being so rare and expensive.
By now, Patek Philippe has made more innovations than any other watch brand. These achievements include the launch of the first bracelet wristwatch in 1868 and the most expensive watch sold at an auction. They also manufactured the most complicated watch ever, called the Calibre 89. Made in 1989, Calibre 89 is a commemorative pocket watch released to celebrate Patek Philippe’s 150th anniversary.
Patek Philippe has always been one of the most innovative brands. In the 1980s, complicated timepieces were not easy to manufacture. Besides Patek Philippe, only Franck Muller and Vacheron Constantin were able to manufacture complicated movements. Over the years, Patek Philippe has filed over 80 patents on different types of movements. These patents include minute repeaters, the Gyromax balance spring, chronographs and many more.
Due to the huge demand, Patek Philippe watches not only hold their value but they appreciate over time. With that being the case, you can even invest in a Patek Philippe.
Patek Philippe watches have been spotted on the wrists of some very famous celebrities, including artists, actors, athletes and businessmen. These include Ed Sheeran, Drake, Tom Holland, Ellen DeGeneres, Kevin Hart, Jason Statham, Conor McGregor, Brad Pitt, among others.
The most popular model among Patek Philippe enthusiasts is the Nautilus 5711/1A. Many believe that it is arguably the most sought-after Patek watch manufactured to date.
Definitely. You can sell your Patek Philippe watch at WatchMaestro using our simple and straightforward selling process. You can even consign your watch with us to get an even better deal.
Patek Philippe Grandmaster Chime Ref. 6300A-010 is a vintage pocket watch that was sold at an auction for a jaw dropping price of $31.19 million (roughly AED 114.5 million).
Patek Philippe watch prices in Dubai are relatively lower due to the low tax rate and better availability of different models. For example, a Nautilus Rose Gold 5712 can set you back around AED 470,000.
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