In what is most likely the most expensive dog sale ever, a property developer in China paid 12 million yuan ($1.9 million) for a Tibetan mastiff puppy (pictured, left).

The one-year-old golden-haired mastiff was bought at a "luxury pet" fair in the eastern province of Zhejiang.

"They have lion’s blood and are top-of-the-range mastiff studs," the dog’s breeder Zhang Gengyun claimed, adding that another pup (pictured, right) had sold for 6 million yuan. "Pure Tibetan mastiffs are very rare, just like our nationally treasured pandas, so the prices are so high," Zhang said.

Tibetan mastiffs have become a prized status symbol among China's wealthy for their lion-esque looks and enormous frames. The dog sold was 80 centimeters (31 inches) tall, and weighed 90 kilograms (nearly 200 pounds), though it is expected to grow much larger into adulthood. Owners say the mastiffs, descendants of dogs used for hunting by nomadic tribes in central Asia and Tibet, are fiercely loyal and protective. The property developer who bought the animal hopes to breed dogs himself.

Well hope the pups enjoy their new homes, and live like the kings their price tags reflect!