The Pritzker prize-winner's prototype Aqua Table was bought by an unknown bidder for US $296,000 at Phillips de Pury & Company's New York auction last Thursday.
Under the hammer along with nearly 250 other pieces of 20-21st Century design and art, Hadid's curvaceous dinner table, with its blue, silicone-gel surface, ended up as the most expensive lot of the day.
The piece outshone design classics such as the Black Hole table (1988) by Marc Newson, which sold for £106,000, and a dining suite by Carlo Mollino, which fetched almost £115,000.
With total sales reaching US$4.3 million (£2.5million), the auction house believed the amount of money being spent at the event was evidence of a continuing interest in 'the contemporary design movement.'
Philips de Pury & Company has subsequently announced that it will be hosting its first auction in collaboration with London-based furniture firm Established & Sons in November 2006.
Established & Sons, which is run by Stella McCartney's husband Alasdhair Willis, is manufacturing a line of new furniture including Hadid's table.