The Worlds Most Expensive Bag valued at $3.8m

Ladies, it is time to loosen those purse strings and get ready to swoon as Dubai welcomes the latest blingalicious manmade wonder tonight, in the form of the world's most expensive handbag.

The 1001 Nights Diamond Purse is valued at only a cool $3.8 million, encrusted with more than 4,517 diamonds.

Designed by the House of Mouawad, tonight's unveiling at The Dubai Mall at 7.30pm will allow you to take a closer look at the flash in the heart-shaped bag, complete with 105 yellow, 56 pink and 4.356 colourless diamonds – all weighing a whopping 381.92 carats.

If this isn't bling, then we don't know what is
TTowonubi