Gold Markets in UAE

The raw gold price is the same in every UAE city; making charges differ between shops.

Gold markets in Dubai

  • Dubai Gold Souk (Deira) — the world-famous covered souk with hundreds of jewellers near Dubai Creek and the Al Ghubaiba abra station; ideal for comparing making charges
  • Gold & Diamond Park — on Sheikh Zayed Road, combining workshops and showrooms, with custom-made designs in an air-conditioned setting
  • Meena Bazaar (Bur Dubai) — busy shopping district known for Indian jewellers and 22K designs
  • Mall showrooms — brand stores in Dubai Mall, Deira City Centre and other malls for warranties and after-sales service

Gold markets in Abu Dhabi

  • Madinat Zayed Gold Centre — one of the capital's best-known gold destinations, with many jewellers under one roof
  • Hamdan Street & downtown — traditional and modern jewellers with a range of making charges
  • Major malls — brand showrooms for modern designs and warranties
  • Mussafah and industrial areas — neighbourhood shops serving resident communities

Gold markets in Sharjah

  • Central Souk (Blue Souk) — an architectural landmark in Al Majaz with many gold and jewellery shops on its ground floor
  • Rolla & Al Ghuwair area — jewellers in the old city centre with Arabic and Indian designs
  • Shopping malls — branches of well-known jewellery brands

Gold markets in Ajman

  • City-centre jewellers — gold shops in Ajman's older commercial areas
  • Shopping centres — showrooms of well-known brands in the emirate's main malls

Gold markets in Al Ain

  • Al Ain city-centre gold souk — a cluster of jewellers in the heart of the city
  • Shopping centres — brand branches in Al Ain's main malls

Gold markets in Ras Al Khaimah

  • Al Nakheel area — one of the emirate's older gold-shop districts
  • Shopping centres — jewellery showrooms in the main malls

Gold markets in Fujairah

  • City-centre shops — jewellers serving residents of the east coast
  • Shopping centres — branches of known brands

Gold markets in Umm Al Quwain

  • Local shops — a small number of jewellers; many residents shop in nearby Sharjah and Ajman

Opening hours and details can change – please confirm before visiting.

Gold rate today (all cities)

Shop prices

KaratSell usedBuy new + makingIncl. VAT 5%
2222K417.22497.22522.08
2121K398.02478.02501.93
1818K340.45470.45493.97

Is gold cheaper in one city than another?

No – the raw price per gram is identical across the Kingdom (today 22K = 422.22 AED, 21K = 403.02 AED). What differs is the making charge, the shop's margin and the design. Big souqs with many competing shops, such as those in Dubai and Abu Dhabi, usually offer the best making charges.

Souq or mall?

Traditional gold souqs have more shops and more room to negotiate the making charge; mall showrooms offer brands, designs and warranties at a higher price. Whichever you choose, ask for an itemised invoice showing karat, weight, making charge and VAT.

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