In the market for a black dress and have an extra $17 million lying around? Debbie Wingham has the one for you. The British designer debuted what she says is the world's most expensive dress this week: a red diamond-encrusted number valued at nearly $17.7 million. Dubbed the
"Abaya," the dress is a simple, loose black gown that is modeled after a traditional North African and Arabic women's' style of the same name. She said she was inspired to create the design after visiting Dubai last fall.

Would you pay that much for THIS dress?