Buying
Buying Gold in Dubai: What Tourists and Residents Should Check First
Use this checklist before you buy gold in Dubai so you understand the live rate, making charge, purity stamp, VAT treatment, and resale trade-offs.
Live Dubai gold price in Euros for every carat, per gram and per troy ounce, with what European visitors pay in tax and customs on the way home. Converted from the Dubai Gold & Jewellery Group's live rate into Euros, refreshed every 5 minutes.
1 gram 24K Gold · Today
1 troy ounce 24K: €3,817
Dubai Gold & Jewellery Group fix × AED/EUR 0.2435 — refreshed every 5 minutes
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 troy ounce (31.1035 g) | €3,816.8 | €3,534.71 | €3,388.93 | €2,904.25 | €2,266.23 |
| 1 gram | €122.71 | €113.64 | €108.96 | €93.37 | €72.86 |
| 5 grams | €613.57 | €568.22 | €544.78 | €466.87 | €364.3 |
| 10 grams | €1,227.13 | €1,136.43 | €1,089.56 | €933.74 | €728.61 |
| 50 grams | €6,135.65 | €5,682.17 | €5,447.82 | €4,668.69 | €3,643.04 |
| 100 grams | €12,271.3 | €11,364.34 | €10,895.65 | €9,337.39 | €7,286.08 |
| 10 oz | €38,168.04 | €35,347.09 | €33,889.28 | €29,042.55 | €22,662.27 |
| 1 kilogram | €122,713 | €113,643.44 | €108,956.49 | €93,373.88 | €72,860.85 |
All prices in Euros · Base rate: Dubai Gold & Jewellery Group fix
Quick tax-math comparison of the same 10 grams of 22K gold bought in Dubai vs bought in Europe, based on the live UAE rate and Europe's published import duty and sales tax.
Dubai · UAE
€1,213
Europe
€1,437
Estimated savings buying in Dubai
€224 (15.6%)
Note: European jewellery prices include standard VAT on the full value: 19% in Germany, 20% in France, 21% in the Netherlands, up to 27% elsewhere. Investment gold is VAT-exempt across the EU. Tax and duty percentages from European Commission VAT rates. This comparison is a simplified model using approximate rates for general guidance — not financial or legal advice. Confirm current rates with the relevant authority before travel or purchase.
AED → EUR
0.24295
1 AED = €0.24295 · bid 0.24289 / ask 0.24301
30-day low
0.23401
30-day high
0.24295
Spread
0.00013
FX data: OANDA public rates · Updated daily
Daily mid-market rate from OANDA
Duty-free allowances and declaration rules
Declare jewellery above EUR 430 at the red channel. Investment gold is VAT-free but bars and coins of EUR 10,000 or more must be declared. Keep the Dubai invoice, since customs value goods at the price paid.
Residents returning home
Arriving in the EU by air: EUR 430 allowance per adult for jewellery and other goods. Above that you pay customs duty plus the import VAT of the country you enter.
Non-residents / tourists
The same allowance applies to visitors. Gold bars and coins worth EUR 10,000 or more count as cash under EU rules and must be declared on entry.
Customs rules change periodically. Confirm current allowances with European Commission: Travelling to the EU before travel. Not legal advice.
Gold prices in the UAE are set centrally by the Dubai Gold & Jewellery Group, which publishes a twice-daily fix based on the London spot price converted at the pegged AED/USD rate of 3.6725. The same base rate applies to every licensed retailer across Dubai, Abu Dhabi, Sharjah, Ajman, Ras Al Khaimah, and Fujairah — only the making charges differ from shop to shop. This page converts that live rate into Euros using the current AED to EUR exchange rate.
In the UAE, investment-grade gold of 99% purity or higher (24K bars and coins) is zero-rated for VAT, and only the making charge on jewelry is subject to 5% VAT — the underlying gold value is not. This tax treatment, combined with zero import duty and highly competitive making charges at the Dubai Gold Souk, is why many European buyers and expats travel to the UAE specifically for gold purchases.
Remember: the rate shown on this page is the base gold value. A finished piece of jewelry will cost the base value plus a per-gram making charge (مصنعية) — typically AED 10–80 per gram for machine-made pieces and much higher for handmade or designer work. Ask the shop to itemize the making charge before you buy so you can compare honestly across retailers.
Use these editorial pages to go beyond the live EUR conversion and answer the buyer questions that usually come next.
Buying
Use this checklist before you buy gold in Dubai so you understand the live rate, making charge, purity stamp, VAT treatment, and resale trade-offs.
Buying
Most shoppers obsess over the live rate and ignore the labor premium. That is usually where your negotiating leverage actually is.
Market
There is no magic hour, but buyers who understand price drivers and retailer behavior consistently make better decisions.
The live Dubai gold rate in EUR is shown at the top of this page for 24K, 22K, 21K, 18K and 14K, per gram and per troy ounce, converted from the official UAE rate at the current AED to EUR exchange rate.
Usually. Jewellery in Europe includes 19–27% VAT on the full value, while in the UAE the gold value is VAT-free and only the making charge carries 5% VAT (refundable to tourists). Dubai making charges are also generally lower than European retail markups.
The EU allowance for air travellers is EUR 430 per adult for jewellery and other goods. Above that you pay customs duty plus the import VAT of the country you land in (19% in Germany, 20% in France, 21% in the Netherlands). Gold bars and coins worth EUR 10,000 or more must also be declared.
Yes. 18K is 750 fineness (75% gold) worldwide, so a piece stamped 750 in Dubai has the same gold content as one stamped 750 in Paris or Munich. 14K (585) is also common in Germany.
The UAE dirham is pegged to the US dollar, so the euro price moves with EUR/USD as well as with gold. A stronger euro makes Dubai gold cheaper for European buyers.
Gold data: Dubai Gold & Jewellery Group via Gulf News · FX data: fawazahmed0 API (spot) and OANDA public rates (historical)