Top-100 Gold Stores and Shops to buy gold in Dubai
March 14, 2025 Reading time: 3 minutes
Updated: 2025-03-14
Table of Contents
1. The Gold Souk (Souq), Dubai
Location
54 Al Khor Street, Deira, Dubai
- Opening hours: 10:00 AM – 10:00 PM (Saturday – Thursday)
- 04:00 PM – 10:00 PM (Friday)
Dubai Gold Souk is a historic gold market located in Deira, in the heart of Old Dubai. Today, Gold Souq has around 400 retailers, some of whom have been in business for over 50 years.
In addition to gold, many of the merchants also deal in diamonds, pearls, platinum and gemstones.
It is important to know
-
Dubai Retail Gold Rate
Prices are quoted based on gold purity: 24K, 22K, 21K, 18K, and each is given a relative price per gram in dirhams.
2. Know the differences between different types of gold
In fact, jewelry is usually made from an alloy of gold and another metal (usually copper, silver, nickel or palladium) because aurum is a very soft metal, and the alloy is used to make it more durable and workable, and obviously to make the price more affordable.
So the difference between 24K and 18K Au is the percentage of gold in the alloy the jewelry is made from:
- 24K: Almost pure metal, contains 99.99% gold.
- 22K: contains 91.6% gold
- 20K: contains 83.3% gold
- 18K: contains 75% gold
3. Be prepared to haggle over the price
Usually, the seller will start with an inflated price to give themselves some leverage in the negotiations. It would be a good idea to offer a price 25-30% lower.
2. Gold & Diamond Park
Here you can find over 90 gold and diamond park shops, each with its unique flair. And you should bargain as if you were walking through a fruit market)). The more you buy, the bigger the discount!
Elegant cafes and restaurants provide a convenient spot to pause and reflect on your shopping experience.
In this part of the world and specifically in this shopping mall, all gold is sold by weight; the complexity of the product and its design do not affect the price. Therefore, you can buy the most incredibly beautiful jewelry for the price of pure gold. However, this only applies to local goods. Of course, products from France and Italy have an added value for their artistic value.
By the way, regular gold bars are also sold here. There are also shops selling precious (investment) coins.
If you buy diamonds, do not forget to take a certificate for them - after all, they only become more expensive over the years.
Address: Sheikh Zayed Rd - Al Quoz - Al Quoz Industrial Area 3 - Dubai - UAE
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4. Dubai Mall
Location and Facts
Located in the heart of the prestigious Downtown Dubai, is Dubai Mall, the world’s largest and most-visited retail and entertainment destination. With over 1,300 stores including 200 dining outlets, it offers an unparalleled retail mix combined with world-class dining, entertainment and leisure attractions. The mall’s high end precinct Fashion Avenue, positions Dubai Mall as the hub of luxury for the region.
Here buyers can find many premium jewellery stores.
5. Gold ATM
To purchase gold from an ATM in Dubai, first, locate one of the gold-dispensing ATMs, typically found in popular tourist areas or shopping malls. Approach the ATM and follow the instructions displayed on the screen. Select your desired item, such as a gold bar or coin, and choose the weight and quantity.