How This Labubu Sold for a Record-Breaking Price of AED38,000 on eBay

A rare gray‑brown Labubu toy, adorned in Vans streetwear—complete with sneakers, sweatshirt, and a blue‑orange hat labelled “The Monsters”—recently sold on eBay for an astounding AED 38,035 (approximately $10,500), making it the most expensive Labubu ever sold.

Originally priced at just $85 (around AED 312), the doll’s resale fetched 125 times its retail value. It was part of a 2023 Pop Mart × Vans collaboration, released in a blind box, making it one of the ultra‑rare editions highly sought after by collectors.

Labubu figures, designed by Hong Kong artist Kasing Lung and sold by Pop Mart, have exploded in popularity among collectors. Sold in blind boxes with randomized figures, these toys are known for featuring rare “secret” editions with odds as slim as 1 in 72 or 1 in 144, making certain collectibles extremely rare and valuable.

The appeal of Labubu lies in its stylized, whimsically eerie design—often described as “cute‑ugly”—and Pop Mart’s marketing model that creates scarcity and hype. Releases typically sell out within minutes, with fans lining up in stores or battling bots online to secure a blind box.

Experts say some early or rare editions like this Vans‑clad Labubu are likely to hold or grow in value over time. Lori Verderame, collectibles appraiser, notes that these figures may remain valuable long-term due to their unique charm and scarcity. Similarly, Alex Fung of Goldin Auctions suggests early Pop Mart releases are the ones most likely to retain collectible value.

This eBay sale has spotlighted the explosive collector culture surrounding Labubu. From an $85 impulse buy to an eye‑watering resale price, it underscores how limited editions and emotional fandom can transform a simple toy into a high‑stakes collectable—turning tiny figures into serious investments for some and playful treasures for many.