Where to buy gold in the UAE
Gold costs the same per gram in every licensed UAE shop: the rate is set centrally and updated through the day. What changes from place to place is the choice of designs, the making charge, and how much you can negotiate. These guides cover the seven places most people buy, with directions, hours, tips and the best-rated jewellers in each.
Today's gold rate, AED per gram
Full Dubai gold rate24K
504.00
22K
466.75
21K
447.50
18K
383.50
The same official rate applies in every UAE shop.
- DubaiDubai Gold Souk, DeiraThe widest choice of 21K and 22K jewellery, from Arabic designs to Indian bridal sets · Negotiating making charges, since neighbouring shops compete hardRead the guide
- DubaiGold & Diamond Park, DubaiShoppers who prefer quiet showrooms to a busy souk · Diamond and 18K pieces alongside 21K and 22K goldRead the guide
- DubaiMeena Bazaar, Bur Dubai22K Indian bridal and temple jewellery · Antique-finish, kundan-style and traditional South Indian designsRead the guide
- DubaiAl Karama, DubaiEveryday 22K and 18K pieces: chains, rings and earrings · Residents of Karama, Bur Dubai and Oud Metha shopping close to homeRead the guide
- SharjahSharjah: Central Souq & RollaResidents of Sharjah, Ajman and the northern emirates avoiding Dubai traffic · Traditional 21K Arabic designs at the Central SouqRead the guide
- Abu DhabiAbu Dhabi: Madinat Zayed Gold Centre & Hamdan StreetMany jewellers in one building, the closest thing to a gold souk in Abu Dhabi · 21K and 22K jewellery, plus bars and coinsRead the guide
- AjmanAjmanAjman residents buying close to home · Branded chains and independent shops in one cityRead the guide
Jewellers: reach UAE gold buyers here. Feature your shop
How to choose where to buy
- For the biggest choice and the most room to negotiate, go to the Deira Gold Souk.
- For a quiet, air-conditioned showroom experience, try Gold & Diamond Park.
- For 22K Indian bridal and temple jewellery, Meena Bazaar in Bur Dubai.
- Outside Dubai, the Sharjah Central Souq and the Madinat Zayed Gold Centre in Abu Dhabi save you the drive at the same gold rate.
Frequently asked questions
For choice and price, the Dubai Gold Souk in Deira: hundreds of shops, the lowest making charges and plenty of room to negotiate. Gold & Diamond Park is the calmer alternative, and Meena Bazaar is best for Indian 22K jewellery. Outside Dubai, the Sharjah Central Souq and Abu Dhabi's Madinat Zayed Gold Centre are the main options.
Yes, the gold itself. Every licensed shop prices gold from the same official rate, updated through the day. The final price differs only by the making charge, which each shop sets and which is often negotiable.
Usually. The gold rate is identical, but souk shops compete hard and negotiate on making charges, while mall stores tend to have fixed, higher charges.
On jewellery, 5% VAT applies only to the making charge, not the gold value, and tourists can reclaim it at the airport if the shop issues a tax-free tag. Investment gold (99%+ bars and coins) is zero-rated.