If you're looking for a flashy cell phone that will make people envious, Nokia might have the right solution for you, its not like the Finnish phonemaker to release handsets like these but we have a feeling this might not just be a one-off.

This latest phone is called Nokia Oro and it comes with 3G and WiFi support, 3.5-inch AMOLED display and an 8-megapixel camera that is capable of 720p video recording. As for operating system, Nokia Oro stills comes with Symbian OS, but that's not the reason why this phone is so special. What makes this phone unique is its looks. Nokia Oro has an exterior plating made from 18-carat gold, sapphire crystal and leather. As you can see, this is quite the expensive phone and only a selected few will be able to afford it.

Nokia Oro is targeted for the Middle East and Russia, but it will be available in various countries throughout Europe, China, and the Middle East in the third quarter of this year. As for the price, we estimate that the starting price will be €800 ($1,126), which is actually not too pricey if you compare it with the likes of the high capacity iPhone 4, but the Oro will come with more bling.

[via Engadget]