Are you looking for the best jewellery shops in Gold souk Dubai? Ornaments or metals are one precious thing that almost every individual likes to own once in life. Women especially love ornaments more than anyone.
Different metals and stones are available in the market, but gold is one of the most popular metals in the world. Gold is in the form of ornaments, souvenirs, or anything precious.
Many people consider gold more than just Jewellery; they consider it an investment. Something that will help them during their financial crisis, they consider it as a way to invest in the long run.
Buying gold has always been a strong financial support system for families in the world. Though now, there are two ways to own gold- one is digital way, other is physical. You can buy gold in the form of souvenirs or Jewellery like bracelets, necklaces, rings, and more.
Every country has its own price of gold due to added taxes and more. Gold can be purchased in different gold markets of the world, but Dubai is world known.
The Gold Souk is the largest gold market in the world, and tourists in Dubai visit every day to make purchases. Dubai is world known for its tourism and luxury shopping arenas, and one of them is Gold Souk.
Whether you want to purchase a tiny ornament or invest a large amount, Gold Souk is your place. If you are visiting Dubai, make sure you visit Gold Souk. Let’s find out some more details about gold Souk:
About Gold Souq
Gold Souk is one of the most known and highly explored tourist spots in Dubai. It is Dubai and the world’s largest Gold market where the sale and purchase of gold ornaments take place. Gold Souk has more than 350 gold traders as well as retailers who sell a minimum of 10 tons of gold every day.
Gold souk has some quality designs and precious metals created from intricate craftsmanship. The gold market in Dubai is world known and has been mentioned in Guinness World Records. Many tourists specially visit Dubai for its thriving gold market for unique designs. Gold souk has gold ranging from 18 to 24 carats.
The largest and heaviest ring in the world, which weighs 64 kilograms and is a 5.1 kilogram stone, is located in the Dubai gold market.
From tiny Jewellery ornaments to souvenirs, you can find everything from anything in gold Souk. Gold Souk is the oldest traditional market of gold pieces, where hundreds of shops have been located for four decades.
One of the amazing facts about Dubai’s gold market is that despite being the world’s largest gold market, it has no security outside the shops. You can find the world’s largest gold necklace here, along with some precious stones, metals, ornaments, and more.
Highlights of Gold Souk
- Gold Souk is not limited to gold; it has many things to offer. Silver, gold, diamond, rubies, emeralds, sapphires, and other expensive stones can be found.
- Gold Souk’s largely sold items include shisha pipes, saffron, Henna kits, incense burners, etc.
- Many spices and traditional herbs are being sold in Gold Souk that can be used to add flavor to your food.
- Gold Souk has shops, including spices, textiles, artifacts, rugs, etc., apart from gold.
Best Gold Shops In Dubai You Must Visit
Gold Souk offers a wide range of Jewellery, including necklaces, bracelets, rings, and more. These are intricately designed and created with different combinations of stones to make them unique. Let’s look at the list of 5 best Jewellery Shops In Gold Souk Dubai.
1. Malabar Gold And Diamonds
Malabar Gold And Diamonds, established in 1993 is an Indian jewelry brand that has gained popularity and reputation in Dubai. It is one of the best gold shops in Dubai. They have ornaments for every occasion and a collection of watches and gold coins that makes them unique from other shops.
They have an online gold store in Dubai and they are also offering personalized gift cards which can be used to buy ornaments. They offer gold, diamond, platinum, and uncut jewelry.
They are one of the best shops to purchase top Jewellery designs in Dubai. Damiani offers Jewellery for both men and women. Their collection includes rings, bracelets, cufflinks, earrings, and more. Damiani’s bridal collections are unique and intricate.
If you are looking for some heavy and traditional bridal Jewellery, Damiani is the perfect option. They also offer gold watches that you can check out.
Agatha is a french Jewellery brand that offers trinkets in unique designs. Their designs are more modern and cater more to a contemporary audience. If you love unique modern designs, Agatha is a good place to shop.
It is one of the popular places in Dubai for tourists to shop for Gold Jewellery. Their statement color pieces, modern designs, and colorful stones used in jewelry are best known.
One of the oldest shops, established in 1927, has designs inspired by Indian culture. The Indian shop located in Dubai has a wide range of gold rings. Gold rings are their specialty; they also offer diamonds, bracelets, and sets.
From unique collections of rings to bracelets and necklaces, their intricacies and traditional designs can be seen in the Jewellery. You can find rich and heavy Jewellery at Popley, especially if you are looking for an Indian bridal collection.
Their outlets in Dubai offer deals and discounts from time to time in Dubai, especially during festive seasons.
It is also one of the best gold shops in Dubai. Kanz Jewels, established in 1991, is a joint family business built from scratch. It is one o of the Best Jewellery Shops In Gold Souk Dubai.
They have a collection of more than 380 gold and 160 diamond Jewellery collections which include bracelets, earrings, pendants, rings, and necklaces. You can find a wide range of collections in Kanz Jewels; they have branches in India, Saudi Arabia, Turkey, Spain, and South Korea.
They have seven shops in Gold Souk Dubai and have a workshop where they create their own jewelry pieces.
6. Joy Alukkas
They are one of the best brands you will find in Dubai. Over the years, Joy Alukkas has established itself in Dubai with unique Jewellery pieces. Some of the most popular and elegant pieces and state-of-art collections make them the best. Joy Alukkas has a strong image in Dubai. Along with gold, they sell platinum and diamond Jewellery. Their brands like Veda, Eleganza, and Pride are world known. They offer customer loyalty programs and more to shop from their collection.
Apart from these, you can find a range of world-known brands such as Cartier, Tiffany co., Tanishq, Malabar gold & diamonds, De Beers, Glitter, and more.
The Najmat Taiba Ring is the top and heaviest piece of Jewellery you will find in Dubai. The ring is the largest and heaviest in the world. The 21 Karat ring is 64 kilograms studded with 5 kg diamonds as well as 615 Swarovski crystals displayed by Kanz jewels. Currently, the ring is owned by a Dubai-based company and is on display for the public.
Similarly, Dubai Gold Souk has a record for making the largest and longest gold chain and they are filled with the best gold shops in Dubai. The chain is 5 km long and weighs 240 kilograms. It was displayed at the 20th Dubai shopping festival to attract people. The Gold Souk has some of the heaviest Jewellery in the world to buy.
Deira, Dubai, United Arab Emirates
Gold Souk’s opening hours are from 10 am to 10 pm from Saturday to Thursday. Many people close their shops for a lunch break from 1 pm to 4 pm. On Fridays, shops in Gold Souk are open from 4 pm to 10 pm.
Each shop has its own contact number that you can check to resolve your queries.
Why should you buy from gold souk Dubai?
Gold Souk is the largest gold market in Dubai, offering several reasons for people to buy gold in Dubai. Here are some of the shortlisted reasons that make Gold Souk best:
Quality and Purity:
Dubai is home to the world’s quality gold sold in one place. When you are purchasing gold from a gold souk, quality, and purity are never the issues. The Government authorities regulate the quality of gold being sold in shops.
It is mandatory for stores to carry purity Hallmark on all gold items. Hallmark is a certified stamp of priority on gold items. Dubai’s stores are known for the quality you can buy for your gold or ornaments. Shops here sell the purest gold in the world, so when you are purchasing, you can ensure only the best.
The primary reason for gold from the gold souk is that it is cheaper and exempted from taxes. The price of gold at all the shops in the gold souk is the same on the given day. Moreover, you are exempted from any external taxes, which makes gold cheaper compared to other countries, even after the inclusion of value-added tax in 2018, which employs a 5% tax on items purchased.
However, gold is still considered cheaper in Dubai as compared to many other countries in the world. In addition, tourists in Dubai can claim for VAT refund in UAE on all purchases made.
Wide range of options:
Being the largest gold market in the world, you will find a gold variety like anything in the world. From tiny ornaments to heavy Jewelleries, you can have endless choices in designs, shapes, gold items, and more. Damas and Joy Alukas are located across the malls of the city. When heading over to the gold souk, which is one of the traditional souks in Dubai. Irrespective of the country or shops you go to in the world, you are guaranteed to find some unique piece of Jewellery that features the best design in the world in the gold market of Dubai.
Safest Gold Shopping Option:
Dubai is the safest place in the world for gold shopping. we mentioned here the Best Jewellery Shops In Gold Souk Dubai that are in demand every time. The fact about the security of the gold souk still makes people shocked across the globe. Gold souk does not have any security; the shops are open despite having tons of gold placed in the shops. Each gold piece is better by the government as well as the local police. This makes it highly difficult for anyone to steal gold pieces. Policy authority in Dubai is world known for their security services. So, you can buy gold in Dubai without worrying about its security.
Generally, gold sellers do not allow bargaining options in Gold Jewellery. Even if the making charges vary from seller to seller, they do not allow bargaining. The best part about shopping in Gold Souk is that they allow you to bargain on making charges. The gold rate here changes constantly.
You can bargain in different shops and buy where you find the most suitable one. This adds to another way of making gold cheaper in Dubai compared to other countries.
In this article we include the customer-recommended 5 Best Jewellery Shops In Gold Souk Dubai, hope it will benefit you. Gold Souk is the largest gold market, where the variety of gold is incredible. From tiny to heavy ornaments with unique designs, you can find a wide range of gold Jewellery. Many people especially travel to Dubai to buy gold ornaments.
If you want to invest in gold and ever get a chance to visit Dubai, make sure you purchase gold from the gold souk. Not because of designs or cost but because of quality. The reasons mentioned above state why the gold souk is world known for its gold.
Frequently Asked Questions
1. Is gold cheaper in Gold Souk Dubai?
The Gold rate in Dubai is based on the international gold price on the given day. However, you can bargain on making charges. As far as taxes and other duties are concerned, Dubai gold is cheaper than in many countries.
2. Which gold carat is best in Dubai?
It Depends on what you want to purchase, 22 karat gold is suitable for chains, bangles, and rings, while 18-karat is good for diamond rings and other stone-studded pieces.
3. Which is the best month to buy gold in Dubai?
The Dubai Shopping Festival is the best time to buy gold in Dubai from December to January. During these months of shopping festivals, there are heavy deals and discounts on gold.
4. Is it better to buy 22 or 24 Karat gold?
22 karat is more durable and suitable for jewelry. 24-karat gold is soft and cannot handle much wear and tear. Though 24-karat gold has better color, they lack durability.
5. Can I buy gold in Dubai duty-free?
Every country has its own rules and regulations. Some countries allow a certain amount of gold free from customs duty from Dubai.
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