Dubai is a global hub for gold trade. Almost 10% of the world’s gold passes through the city’s old-school gold souks. It is known for its dazzling selection of jewelry and other precious metals.
The Gold Souk consists of more than 300 retail shops that sell different types of jewelry. It is a great place to visit when you are in Dubai.
Deira Gold Souk
The Gold Souk in Deira is one of the most famous traditional markets in Dubai. This market features a labyrinth of covered walkways that are home to hundreds of retailers, many of which have been around for over four decades. This is a must-visit destination for travelers seeking the perfect piece of jewellery to bring back home.
When shopping at the Gold Souk, keep in mind that you are dealing with a highly competitive market. Gold prices fluctuate daily, just like stocks do. It is best to know the going market price of gold before arriving at the Gold Souk so you can haggle a better deal.
The Deira Gold Souk is close to the airport and is popular among travellers on stopovers. It is located in a family-friendly neighborhood with plenty of budget hotels that are within walking distance to the Gold Souk and other local markets. You can also take the metro train or ride an abra to get there.
Bur Dubai Gold Souk
With the new Gold Souk Extension opening its doors across the road from the old souk, shoppers will enjoy shaded walkways and superior facilities such as workshops, restaurants, covered parking and hotels. According to Tawhid Abdullah, Chairman of Dubai Gold and Jewellery Group, the extension will strengthen Dubai’s position as a global hub for precious metal trade for another 200 years.
As for prices, the market price for gold per gram is posted on LED screens throughout the marketplace, while craftsmanship charges are negotiable. Buying jewellery in Dubai is one of the safest ways to shop, as all pieces are vetted by government inspectors and local police.
For the best deals, pay with cash rather than credit card. Also, be sure to buy from a shop that participates in the VAT refund for tourists scheme. Getting there: Take the Metro and get off at Al Rais Station or take a bus from Deira, Gold Souk 1 (bus line C09). The souk is within walking distance.
Al Quoz Gold Souk
The Gold Souk has been expanded in recent years, and features hundreds of retail and wholesale gold shops. Its popular jewelers include Alkhatib, Malabar, Jawhara, and Zayan Gold. The marketplace also includes an impressive selection of bars and coins.
The quality of the gold is strictly regulated, so you can be confident that what you buy at the Gold Souk is genuine. You can purchase it by the gram or per karat. The highest quality is 24K, but most jewelry is sold at 22 or 18K.
You can reach the Gold Souk by metro (green line) or bus. However, if you want to heighten your experience, we recommend taking an abra across Dubai Creek. This can be arranged from abra docks found near the souk or at Deira Old Souq Abra Station. For real-time info on 10 (Al Quoz, Bus Station – 01) travel times and more, download the Moovit app. It’s free and available on iPhone and Android.
Al Maktoum Gold Souk
Dubai’s Gold Souk offers a treasure trove of precious metal masterpieces. From intricately crafted necklaces to glistening bracelets and rings, each piece is a testament to the artistry and skill of its creator. Whether you’re looking for a luxurious statement piece or a delicate everyday accessory, this shopper’s paradise has it all.
The souk’s narrow alleyways are brimming with gleaming jewelry stores and boutiques. Choose a store that suits your budget and tastes, and negotiate the price. Many of the vendors speak English, and you can also use your smartphone to compare prices online.
Despite its opulent reputation, the Gold Souk remains deeply rooted in the city’s culture and heritage. While shopping in this traditional market, be mindful of local customs and dress code requirements. Also, be sure to follow COVID-19 protocols, including social distancing and sanitizing high-touch areas. Dubai City of Gold