Dubai is highly regarded as one of the luxury accessory hotspots in the entire world. For our beloved overseas Filipino workers or Expats, women in particular, they can purchase them in a manner that it can serve as a little reward for their hard works of their everyday duties in their workplace.
Buying jewelry in Dubai isn’t like buying from a high street retailer in the UK like Goldsmiths where the stores across the UK will stock thousands of the exact same ring or pendant. Considering it as an attraction, they thought it is a fashion accessory that can be an investment piece in the long run as well.
The prices of real gold pieces are steadily increases throughout the years which results into an interest to many for a potential venture of investment.
Is it Good Idea to Invest in Gold?
Investing in gold, by nature in itself, is good since its inception and through different surges in terms of price. It is considered as highly valuable material for several purposes and one of which is in the form of gold jewelry. Alternative investments are also available and one of them is this.
Should you ask yourself the question, “Where to buy gold?”, or maybe the typical, “Which shops can sell gold near me?”, there are several shops in Dubai for our OFWs to have access and purchase their wanted gold jewelries.
There are two places in Dubai to buy jewelry-the old and more traditional Gold Souk which is in the older part of Dubai and is winding streets of jewelers and definitely worth a visit just for the experience/ambiance and then the newer more modern Gold And Diamond Park which is a small standalone jewelry ‘mall’ close to the Mall of the Emirates. If you’re in Dubai taxi drivers will know both.
Your anticipated best place to buy gold may be one of the following:
This traditional Gold Bazaar reminds me of the early movies of the middle /far east showing bustling market places. The amount of gold and silver sold here is beyond comprehension for Foreigners! There are good value stores down the narrow adjoining alleyways but be very careful when you shop to ensure products have correct registration stamps and are authentic.
The Gold Souk, where row upon row of shop windows are filled with gold, platinum and diamonds. Hundreds of stores sell everything from tiny precious stones and pearls, to heavy golden bracelets and necklaces. Most of the jewelry is between 21 and 24 carat, and nothing is less than 18 carat.
The travel to gold souk was through a ferry and the ferry ride was refreshing in the scorching heat of Dubai. It is mainly a street with lots of gold shops. A great place to shop gold, mostly seen Indian jewelers there. Also you can buy souvenirs from this place.
Be ready to walk and lot in the crowd and also keep yourselves hydrated. Not recommended if you have a very small baby with you and not interested in gold, this cab be skipped. The place is mesmerizing.
The make and design are beautiful and sometimes even surprise you. Mostly you will see tourist and Indian people in this gold market. But it’s a lifetime opportunity to visit once and see the market.
How to Get There
To get there via public transport, you can take the Dubai Metro Train and stop Al Ras Metro Station (Green Line) You have to try alternative transport apps Like Uber, Grab or Taxi, Dubai Limousine.
|Name of Shop/Establishment||Description||Contact Info, Business Hours and Location|
|1. Gold Souk Dubai||This is one of the most popular gold and diamond dealers in Dubai. They offer several choices of jewelries that are often offered to famous personalities and to others alike in forms of bullions, brooches, and more.||10 AM – 10 PM|
Deira, Dubai, UAE
|2. Sky Jewellery LLC||Another jeweller in Dubai that offers golds and diamonds in forms that buyers want. Bullions, brooches, bracelets and rings are also showcases, 100% genuinely made||+971 4 225 0109|
9 AM – 2 PM, 5 PM – 9 PM
Deira, Gold Souk, Gold Land Building, Suite 321 – Dubai – United Arab Emirates
|3. ISTANA Jewellers LLC||Another jeweller in Dubai of UAE that offers golds and diamonds in forms that buyer desires. Bullions, brooches, bracelets and rings are also showcases, 100% genuinely made into perfection||+971 4 434 0790|
10 AM – 11 PM
GS-068, The Dubai Mall, DownTown Dubai – Dubai – United Arab Emirates
|4. Liali Jewellery||Located in After Mall, one of the largest in the UAE, this is one of the densely attributed jewellery shops in UAE. Also offers different gold jewelries in a variety of forms.||+971 4 347 8235|
10 AM – 10 PM
Gold & Diamond Park, After Mall of Emirates – Dubai – United Arab Emirates
|5. Pure Gold Jewellers||Regarded one of the largest in the Battuta Mall, this is one of the densely attributed jewellery shops in UAE. Also offers different gold jewelries in a variety of forms.||+971 4 368 5071|
Battuta Mall – Dubai – United Arab Emirates
|6. Joyalukkas Corporate Office||Considered as one of the largest in the UAE and in the world, this is one of the densely attributed jewellery shops. Also offers different gold jewelries in a variety of forms.||+971 4 252 2900|
9 AM – 6:30 PM
9th Floor, New Century City Tower, Near Deira City Centre – Dubai – United Arab Emirates
|7. Rossella Jewellery||A humble jewelry shop in the isle of Al-Barsha Mall of UAE, this shop offers a wide variety of gold jewelries in different luxurious forms.||+971 4 385 0240|
11 AM – 10 PM
Al-Barsha Mall، Al-Barsha 1 – Dubai – United Arab Emirates
|8. Khushi Jewellers||An accessible gold jewelry shop in the streets of Al Fahidi. Offers a wide variety of gold jewelries and other materials used.||+971 4 351 1166|
Al Fahidi St – Dubai – United Arab Emirates
10 AM – 9:30 PM
|9. GRT Jewellers LLC||A gold jewelry shop in Al Jaflah Building. Offers a wide choice of gold products in different forms.||+971 4 397 1415|
Shop A1, Al Jaflah Building,, Al Karama – Dubai – United Arab Emirates
10:30 AM – 10 PM
|10. Tiffany and Co.||This shop is very popular in the UAE and also in the United States where it initially originated. It offers a wide variety of gold and silver jewelries to all possible markets.||+971 4 339 8350|
10 AM – 10 PM
Financial Centre Road – Dubai – United Arab Emirates
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