Top 10 Gold Markets in Dubai (2025)| Best Places to Buy & 24k Prices

Yes, gold is significantly more affordable in Dubai compared to many other global markets due to its tax-free status, lower import duties, and competitive pricing from global suppliers. Dubai has earned its reputation as the “City of Gold,” offering investors, tourists, and traders a wide range of gold bars, jewelry, and investment-grade products in world-class souks and malls. Whether you’re buying 24K gold bars, exploring digital gold platforms, or setting up a gold trading business in DMCC, Dubai provides one of the most secure and profitable environments for gold investment in 2025. Whether you’re buying gold for investment or jewelry, here are the top 10 gold markets in Dubai, including both traditional souks and modern shopping malls. Gold Markets in Dubai

Top 10 Gold Markets in Buy Gold in Dubai

1. Dubai Gold Souk – Deira

It’s the most famous and historic gold market in Dubai with hundreds of small shops selling 18K to 24K gold, jewelry, and bullion, and it has bargains for lower making charges and comparing prices. Gold Markets in Dubai

2. Gold & Diamond Park – Sheikh Zayed Road

An upscale alternative with better parking and quieter shopping with certified gold dealers, bespoke jewelry makers, and high-quality service, good for custom designs and investment-grade gold bars.

3. The Dubai Mall – Jewelry Wing

It provides access to luxury jewelry brands and certified gold retailers with 22K and 24K gold from names like Damas, Joyalukkas, and Malabar and they also have high-end shopping and entertainment in one trip.

4. Meena Bazaar – Bur Dubai

It’s the most popular with South Asian buyers looking for wedding jewelry they provide competitive prices, traditional designs, and trusted Indian jewelers. Best for: 22K bridal sets and bangles. Gold Markets in Dubai

5. Malabar Gold & Diamonds (Multiple Locations)

It’s one of the most trusted retail chains in the UAE producing 24K bullion, 22K jewelry, purity guarantee, and easy buyback options.  Located in Dubai Mall, Al Fahidi, Gold Souk.

6. Joyalukkas Showroom – Karama & Al Barsha

It’s a global brand known for transparent pricing and quality with elegant gold designs, 99.99% bars, and certified purchases.

7. Kanz Jewels – Gold Souk & Al Barsha

Their trusted seller in the heart of the Gold Souk has a large selection of gold bars and chains, and they often run promotional offers on making charges.

8. Sky Jewellery – Deira & Sheikh Zayed Road

Reputable for luxury and custom gold pieces and 24K investment bars, designer gold, and premium customer service. Gold Markets in Dubai

9. Liali Jewellery – Dubai Marina Mall & Ibn Battuta Mall

It’s a good idea for tourists and residents in Dubai Marina, and they are modern collections in 18K, 22K, and 24K gold with international styles.

10. Carrefour Hypermarket Gold Counters (Selected Malls)

Surprisingly convenient option for everyday buyers and those simple gold chains, coins, and 24K gold bars with price transparency.

NOTE.

1 If you prefer variety and bargaining, go to Dubai Gold Souk. For convenience and luxury brands, visit Dubai Mall or Gold & Diamond Park. For certified bars and chain stores, Malabar, Joyalukkas, and Sky Jewellery are reliable.  Gold Markets in Dubai

2 Always compare prices per gram, ask for a purity certificate (especially for 24K gold), and retain your invoice.

How to protect yourself when buying gold in Dubai in 2025.

1. Buy Only from Certified Dealers

• Always purchase from Dubai Municipality-certified shops or those approved by the Dubai Gold & Jewellery Group (DGJG).
• Reputable dealers will provide:
• Hallmarked purity stamps (e.g., 99.9 for 24K)
• Authenticity certificates
• Transparent pricing and invoices

Avoid: Street vendors, pop-up stalls, and sellers without a physical store.

2. Check for Hallmark and Purity Stamp

• Genuine gold items in Dubai come with an engraved hallmark showing:
• Karat value (e.g., 24K, 22K)
• Assay office mark
• Manufacturer’s stamp
• Ask the seller to show you these markings and explain them.

Note: Use a magnifying glass or jeweler’s loupe to inspect the stamp. If it’s missing or blurry, walk away.

3. Perform a Magnet or Acid Test (Optional In-Store)

• Gold is not magnetic if it sticks to a magnet, it’s fake or mixed. Gold Markets in Dubai

 Some certified shops offer:

• Acid tests
• XRF analysis (non-invasive metal scanning)
• Ask for a test if you’re buying large quantities or high-value pieces.

Note: Don’t perform DIY tests in the shop; let professionals handle it.

4. Watch for “Too Good to Be True” Deals

• If the price is much lower than the daily market rate, it’s likely a scam.

 Fake sellers may use:

• Gold-plated replicas
• Under-karated gold (e.g., claiming 22K but it’s 18K)
• Mislabeled bars or coins

NOTE: Always check the daily Dubai gold price per gram before shopping and compare rates across multiple shops.

NOTE. Dubai is one of the safest places in the world to buy gold, but caution is still necessary.

To avoid scams:

• Buy from certified shops.
• Verify purity marks. Gold Markets in Dubai

24K Gold Price in Dubai Today 2025

Gold prices are based on international spot rates plus local market premiums. Always verify with your dealer for final pricing.

Weight	Price in AED	Price in USD (approx.)
1 gram	AED 276.00	$75.20
5 grams	AED 1,380.00	$376.00
10 grams	AED 2,760.00	$752.00
20 grams	AED 5,520.00	$1,504.00
50 grams	AED 13,800.00	$3,760.00
100 grams	AED 27,600.00	$7,520.00
250 grams	AED 69,000.00	$18,800.00
500 grams	AED 138,000.00	$37,600.00
1 kilogram	AED 276,000.00	$75,200.00

Note: Prices reflect the average retail rate for certified 99.99% fine gold bars in Dubai. Prices may vary by shop and location ( Gold Souk vs. Mall outlets). Gold Markets in Dubai

Why Prices Fluctuate Daily

• Global gold market trends (COMEX/LBMA spot price)
• Currency exchange rates (USD to AED)
• Local demand and premiums charged by sellers
• Type of gold product (bars, coins, or jewelry)

Tips for Buyers

• Always request a purity certificate (99.9% for 24K)
• Ask for a detailed invoice (includes weight, karat, price per gram)
• Compare prices at multiple sellers in Dubai Gold Souk or online
• Check live updates on Dubai’s official gold price portals

How to Export Gold from Dubai: Legal Guide (2025)

Yes, you can legally export gold from Dubai, but only if you follow the UAE’s export regulations. Whether you’re a tourist, investor, or trader, this step guide explains the process, required documents, and legal limits when carrying or shipping gold from Dubai in 2025. Gold Markets in Dubai

1. Understand Who Can Export Gold Legally

There are two main categories:

• Tourists: Can carry limited quantities of gold (within the destination country’s limits).
• Licensed Exporters/Traders: Can ship large volumes via freight or cargo.

Tip: Tourists should check both UAE export laws and import laws of their home country before buying.

2. Declare Gold at Dubai Customs (If Exceeding Personal Allowance)

If you’re carrying large quantities of gold visit the Dubai Customs office at the airport and declare the quantity, weight, and value also pay export duties (if any), and complete required paperwork. Personal jewelry for own use generally doesn’t need declaration unless exceeding value/weight limits

3. Carry Proper Documentation

You must carry original invoice from a registered seller, Gold purity certificate, Passport and visa copy, Export license (for bulk traders) and these documents are essential for both Dubai Customs and destination customs authorities.

4. Know the Quantity Limits for Tourists

While the UAE doesn’t limit personal gold exports, your home country might like India: Max 20g (women) or 40g (men) without duty; duty applies beyond that and, UK/USA/EU you must declare any amount above their respective thresholds. Failing to declare gold may lead to fines or confiscation in your home country.

5. Use Licensed Logistics for Large Shipments

For bulk exports (over 1 kg or for business), use a licensed Gold logistics company, Customs broker, Freight forwarding service that handles Customs paperwork, Insurance, and Secure transport

Examples: Malca-Amit, Brinks Global, Transguard

Note

• Always buy from DMCC-certified or Dubai Municipality-approved gold dealers.
• Keep invoices and certificates safe.
• Tourists: Keep your purchases within personal use limits and use VAT refund services at the airport.

 Best Gold Investment Strategies in Dubai (2025)

Dubai offers one of the most investor-friendly gold markets in the world, with tax-free advantages, competitive pricing, and global accessibility. If you’re looking to grow your wealth through gold in 2025, here are the four best strategies tailored for Dubai’s financial landscape.

1. Buy Physical Gold Bars from Certified Dealers

Physical gold is a tangible, long-term store of value, immune to inflation or currency devaluation.

Where to Buy:

• Dubai Gold Souk
• Gold & Diamond Park
• DMCC-approved dealers like Malabar, Joyalukkas, and Emirates Gold

Investment Tip:

Choose 24K gold bars (99.9 purity) in weights like 10g, 50g, 100g, and 1kg for better resale value.

Note: Always get a certificate of authenticity and keep it for future sales or exports. Gold Markets in Dubai

2. Invest in Gold ETFs or Commodity Funds via the Dubai Financial Market

• Why It Works:

Exchange-traded funds (ETFs) offer exposure to gold without holding physical metal, making it ideal for diversified portfolios.

                Options in Dubai:

• SPDR Gold Shares
• Dubai Gold Securities
• Shariah-compliant gold funds

                Benefits:

• Liquidity
• Minimal storage/security risks
• Easy to buy/sell on UAE platforms

It’s great for tech-savvy investors or expats with UAE trading accounts.

3. Buy and Hold Investment-Grade Jewelry

• Why It Works:

In Dubai, jewelry can be both a fashion accessory and a gold investment, especially 22K and 24K pieces.

                 Advantages:

• No import taxes
• Can be resold locally or internationally
• Retains high resale value if the making charges are low

                Tip: Focus on simple designs to minimize high making charges and maximize weight-based value.

4. Set Up a Gold Trading Company in DMCC (For Professionals)

• Why It Works:

The Dubai Multi Commodities Centre (DMCC) is the hub for global gold trade. Setting up a business here gives you access to Global markets, Tax benefits, and Secure logistics and refinery support

                Who It’s For:

Serious gold traders and businesses looking for B2B bulk trade, exports, or refinery partnerships.

Note: DMCC offers 100% foreign ownership and repatriation of capital.

Conclusion

Whether you’re a casual investor or a full-time trader, Dubai offers gold investment options that suit every level. Start small with bars or ETFs, or scale up with business setups and bullion trades through DMCC.

Want to explore trusted dealers, current prices, or investment-grade bars? Visit Goldpricesinafrica.com for real-time insights and support. Gold Markets in Dubai