When it comes to high-end timepieces, Rolex has long been a name synonymous with craftsmanship, exclusivity, and status. The Rolex Yacht-Master 40 Rose Gold Rainbow Gemset Bezel with Pave Diamond Dial is one of the most extravagant and exclusive watches Rolex has ever produced. But what makes this watch so special? Let’s dive into the details.

The History of the Rolex Yacht-Master
While many of Rolex’s sports models, such as the Submariner and Daytona, have been around for over 50 years, the Yacht-Master is a relative newcomer. Introduced in the mid-1990s, it was designed for those who appreciate both performance and luxury on the high seas. Over the years, Rolex has expanded the Yacht-Master line, adding precious metals and exclusive editions—culminating in the creation of this ultra-rare Rainbow Gemset version.
A Watch You Can’t Just Buy
One of the most fascinating aspects of this particular Yacht-Master 40 is that it was never part of Rolex’s standard catalog. Instead, it was made available only to select VIP clients—typically those who had spent significant amounts with their Rolex Authorized Dealer (AD). This exclusivity makes it one of the most sought-after and difficult-to-obtain Rolex watches in existence.
Rainbow Gemset Bezel

At first glance, the most eye-catching feature of this watch is the rainbow gemset bezel. Each gemstone is meticulously selected by Rolex’s in-house gemologists, ensuring perfect color gradation. The bezel features a brilliant array of natural stones, including sapphires, rubies, and emeralds, arranged in a seamless transition of colors. The triangular diamond at the 12 o’clock position adds an extra touch of brilliance.
- Vibrant and flawless rainbow color scheme
- Hand-selected, natural gemstones
- Expert gem-setting process
Pave Diamond Dial

This version of the Yacht-Master 40 comes with a pavé diamond dial, covering the entire surface in meticulously placed diamonds. Rolex also offers a black dial option, but the pave diamond version complements the rainbow bezel perfectly, creating an unmatched level of luxury.
- The ultimate expression of extravagance
- Factory-set diamonds, ensuring Rolex’s high standards
- Each diamond is individually selected for clarity and brilliance
18k Everose Gold Case & Oysterflex Bracelet
The 40mm case is crafted from Rolex’s proprietary Everose gold, ensuring the metal retains its warm, rich tone over time. Unlike traditional solid gold bracelets, this watch features the Oysterflex bracelet, a high-performance elastomer strap that maintains comfort while offering durability. This combination gives the watch a sporty yet refined aesthetic.
- Comfortable yet durable for extended wear
- Everose gold resists fading and maintains its luster
- Oysterflex bracelet adds a modern, sporty touch
Precision at its Core: The Rolex Movement
While the aesthetics of this watch are its primary selling point, it still maintains Rolex’s high standards for precision. The Caliber 3135 movement inside is a tried-and-true workhorse, providing automatic winding, a 48-hour power reserve, and Rolex’s Superlative Chronometer certification for extreme accuracy. The newer versions after 2021 feature the Caliber 3235, but both movements offer reliability and precision.
- Superlative Chronometer certification (+2/-2 seconds per day)
- Reliable and time-tested movement
- 48-hour power reserve
Who is This Watch For?

The Rolex Yacht-Master 40 Rainbow Gemset is not for the average collector. It’s a statement piece meant for someone who:
- Appreciates exclusivity and rarity in luxury timepieces
- Wants a watch that blends high-fashion with horological excellence
- Has the confidence and style to wear an extravagant, gem-encrusted watch
- Desires one of the most visually stunning watches Rolex has ever produced
Given its price range (typically over $100,000 and potentially reaching well into six figures), this watch is a favorite among celebrities, high-profile collectors, and those who want a truly standout Rolex.