- Address: 54 Al Khor St - Dubai - United Arab Emirates
- Tel: +971 800 900
- Website: visitdubai.com
The gold market in Dubai is a place where you can endlessly admire the true eastern luxury. The number of jewelry here is simply incredible. Rings, necklaces, chains, bracelets and even whole bars of gold are waiting for their customers on the shopping streets of Golden Souk in Dubai.
general information
The brightest star on the trading sky of the Emirates is the gold market. Shopping here is a great option for fun-filled leisure for all members of the families of local residents. The stores offer the highest quality goods. Gold has been valued from ancient times throughout the East, and to date the UAE occupies the first place in the Persian Gulf for the purchase of gold and the 2nd in terms of its sales. Consumption of this precious metal exceeded 100 tons per year. Somewhat overtook the Emirates by the consumption of gold Saudi Arabia, where gold is made of swimsuits and nightgowns, chairs and tables, doors, taps and toilets.
The history of the market
The history of the gold market in Dubai began back in 1958, when an Arab arrived from Damascus, bringing with it pearls of the highest quality for sale in local markets. He creatively approached the trade process and quickly became popular among buyers. After the pearls were sold, the Arab bought gold and jewelery and began to trade them. Over time, he expanded the business, resulting in the creation of the largest retail chain of jewelry. So in the Deira area in Dubai from several shops, a gold market was formed, or, as the locals call it, the Golden Sook. Considering the photo of the gold market in Dubai, you can roughly estimate the scale of the entire assortment.
What's interestnig?
On the territory of the gold market in Dubai, there are more than 300 stores. From the abundance of counters with jewels and from the most sophisticated shopaholic can catch the spirit. It does not matter if you choose a bracelet or pendants: it is this market that offers unique jewelry masterpieces at very competitive prices. So, what does the gold market in Dubai offer:
- Gold. All products on the market are made of 22 and 24 karat gold, which is equivalent to 999 samples. Each store has necklaces, bracelets, earrings and rings, mostly 24 carats. Designs of products are very diverse: there are modern, and traditional, and old. The main shades of gold in the Goden Souk market are white, yellow, pink and even green.
- Jewelry. In addition to gold, you can buy semiprecious and precious stones, such as diamonds, diamonds, opals, emeralds, rubies, amethysts, sapphires, etc. Also, the gold market in Dubai offers precious enamel, platinum and silver.
- Product quality. He is closely monitored by the government of the country, therefore in the authenticity of the purchase can not be doubted. To "gold" business here very seriously concern, therefore practically in each shop there is a jeweler who can correct the liked product to the necessary size this very day.
- Ring-record holder. The main and most unique product in the gold market in Dubai is the ring of Najmat Taiba, which is exhibited in the boutique Kanz Jewelry. The diameter of this giant is 2.2 m, and the weight is 63.856 kg, of which 58.7 kg is gold, the rest are precious stones and 600 Swarovski crystals. This ring is entered in the Guinness Book of Records as the largest in the world. Najmat Taiba is estimated at $ 3 million, but it is not for sale. In this store you can buy only reduced copies of it.
- Other goods. In the gold market in Dubai, in addition to jewelry, you can buy more gold shoes, swimsuits, figurines, cloaks, belts, bags, phones, utensils, etc.
Features of visit
Opening hours of Golden Souk in Dubai - from 16:00 to 22:00, every day except Friday.
As for the prices in the gold market in Dubai, they depend on the way the jewelry is made and its design. Most buyers purchase jewelery jewelry, while getting engraved print as an additional service when buying.
Do not forget about the main rule in trading - to bargain and once again bargain. The declared value of the product is not final, and at the ability to knock down the price you can buy the product 2 times cheaper.
The Golden Market in Dubai - how to get there?
Golden Souk is located in the north-western part of the Deira district. The most accessible ways to get to the gold market in Dubai :
- auto or taxi - the signs of Deira Gold Souk are hung along the central streets of the city;
- Metro - on a green branch to the nearest station Al Ras Metro Station or to the station Baniyas Station, from it to the market 10 min. on foot;
- abra - an Arab boat will take you to the market itself if you stayed in one of the hotels near Dubai Creek Bay.