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Top 10 Best gold Shops to buy gold in Dubai

By PolicyBazaar

Invest in GOLD and give a boost to your investment portfolio

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Gold has been a valuable commodity for decades that continues to attract millions of buyers globally. This precious yellow metal excludes class and luxury and it can often signify financial stability as well.

When it comes to buying gold, the UAE is on the top list as the gold price in UAE is very low when compared to other part of the world. In fact, Dubai is one of the world’s greatest gold trading hubs that’s why the emirate is known as the City of Gold. In addition to Dubai, other emirates such as Abu Dhabi, Sharjah has also plenty of gold shops from where you can buy beautiful pieces of gold jewellery to wear for any special occasions or just to invest in coins as the gold coin price in UAE is also significantly lower than any other part of the world, thus proving to be an ideal investment option for long-term returns.

Best Gold Shops to Buy Gold in UAE

UAE is seen as an ideal country for buying gold as you will find n number of shops selling gold items.

But having multiple options can complicate things, leaving one confused oftentimes. Mainly when it comes to products like gold ornaments and jewellery that cost a fortune and also have some kind of emotional attachment, one should always buy gold from trusted and reputable dealers.

Here we have listed down the top 10 gold shops around the UAE to buy gold that have a great reputation in the market and sell gold of the best quality. So, the next time you decide to purchase gold for yourself or someone special, you know from where you can buy this precious metal.

1. Gold Souk

The Gold Souk in Dubai truly depicts the reason as to why this Emirate has been called as the City of Gold. The huge variety of designs available on offer is staggering- pendants, bracelets, earrings, and bangles are easily available in pink, yellow, green, white, and even in green gold in exquisite designs. At the Gold Souk, there are more than 400 gold shops to choose from and the predominant style of gold jewellery available is in Arabic, Indian, and European styles. The gold is carefully monitored by the government of Dubai in order to make sure that all the gold items at the souk meet the international standards. In addition to this, the gold rate in Dubai is amongst the cheapest found when compared to all other parts of the world since there is no VAT or tax applicable on the purchase of gold.

Why should one buy from Gold Souk?

  • Purest Gold: The gold available here is closely monitored by the government of Dubai ensuring that one gets the best quality of this precious metal.
  • Variety: The exquisite variety of designs one can get here is truly spectacular. The gold jewellery bought here is sure to make one stand out at any event.
  • Freedom to bargain: Buying gold in Dubai is an extremely popular activity but the option of bargaining the making charges at Gold Souk make it even more fun.
  • Cheaper Gold: The ability to bargain makes the already cheap gold in Dubai even cheaper. The prices here are exceptionally low due to various tax exemptions compared to anywhere else in the world.

Other Features:

  • The weight part of the jewellery is non negotiable but the making charge is
  • Credit cards accepted
  • Better discounts offered upon paying in cash
  • 5 percent VAT charges are applicable on the jewellery here
  • Tourists can however seek 85 percent tax on VAT at the airport under the Tax Refunds for Tourists Scheme

Location:

Deira

Dubai

United Arab Emirates

Located in Deira which is in Old Dubai. The nearest metro station is the Gold Souk Metro station as well as the Al Ras station, both of which lie on the Green line.

Timings:

Open 7 days of the week.

Saturday to Thursday- 10 am to 10 pm

Friday- 4 pm to 10 pm

2. Malabar Gold and & Diamonds

Malabar Group is among the leading gold jewellery brands in the UAE. The shop has gold ornaments almost for every occasion whether it’s your wedding or a party. In addition to the staple gold items such as earrings, pendants, chains, rings, they also have gold coins and gold watches that distinguish them from other gold shops in the UAE. Not only this, but also all the Malabar Gold Jewellery shops in UAE have pieces with the 916 purity inscription that simply means they meet international standards.

Moreover, the Malabar gold rate in Dubai   and Abu Dhabi differs on the basis of gold jewellery you are buying. Regardless of that, being a Malabar gold owner is a matter of prestige.

Malabar Gold and Diamonds online: Shopping for gold online seems like not the best idea. However, Malabar gold online shopping makes this process extremely simple and safe. Whether it is a ring or Malabar gold chain designs, one can buy anything from the comfort of their homes. All the available Malabar gold online comes with hallmark certifications, assuring one of its purity. All 22 Carat gold jewellery is available online at reasonable rates, making them worth exploring. Moreover, all the gold and diamond jewellery is exchangeable within a period of 15 days without any cost cutting.

Why should one buy from Malabar Gold and Diamonds?

  • No Middle Men: Being in a joint venture with Mehendra Brothers allows Malabar Gold and Diamonds to procure the diamonds at the best costs, helping them offer it to their customers at great prices since it excludes the additional costs of the middle men
  • Certified Diamonds: Certified by G.I.A (Gemmological Institute of America), I.G.I (International Gemmological Institute), A.G.S (American Gem Society) and H.R.D (Hoge Raad voor Diamont).
  • Conflict-Free Diamonds: After undergoing the Kimberley Process Certification Scheme (KPCS) the diamonds at Malabar Gold and Diamonds are 100 percent legal and free of any conflict or controversy
  • Insurance: Solitaire jewellery bought from this brand is insured against any form of theft, loss, accident or damage, offering peace of mind to its customers.
  • Buyback Policy: Malabar Gold rate is promised even if one wishes to return their jewellery. Fair value of diamond and gold jewellery is calculated following all the international standards on buyback

Other Features:

  • The product insurance is valid for a period of one year from the date of purchase
  • Their gold is B.I.S Hallmarked
  • Their platinum is P.G.I certified
  • Offers the Smart Buy option. Customers can see the Malabar gold necklace designs with price among other types of jewellery and select sizes as per their requirement and place the order. These orders also get exclusive discounts.

Location:

  • Shop no: B66, Karama Centre, Al Karama
  • Meena Bazar, Cosmos Lane, Near Dubai Museum, Bur Dubai

Timings:

  • Al Karama: Saturday to Thursday- 09:30 am to 10:30 pm

Friday- 10:00 am to 12:00 pm, 02:30 pm to 10:30 pm

  • Bur Dubai: Saturday to Thursday- 09:30 am to 10:30 pm

Friday- 09:30 am to 11:30 pm, 02:00 pm to 10:30 pm

Contact:

  • Al Karama: +971-4-358-4916
  • Bur Dubai: +971-4-388-7916

Malabar Gold UAE Rate Today:

  • 22 Carat Gold- AED 209.00
  • 24 Carat Gold- AED 222.50

3 . Joyalukkas

The Joyalukkas Group has more than ten million customers in a total of eleven countries. Well, the success of Joyalukkas comes  down to its serious commitment to offer great quality and its best customer service. Also, the brand has won several awards domestically as well as internationally for its amazing products and excellent service along with its exclusive Joyalukas offers.

Now coming to its gold jewellery, they offer elegant necklaces, chains, rings, and bangles. When buying gold from Joyalukkas, make sure you keep an eye on promotional offers as you might get gold jewellery at the best Joyalukkas gold rate in Dubai, Abu Dhabi and UAE through these offers.

Joyalukkas Online Shopping: The beautifully crafted and enthralling jewellery by the world-renowned brand is now also available online. With millions of designs the Joyalukkas online e-shop is the perfect destination for those looking for exquisite hand-crafted pieces. The pieces available on the online store come with the same exciting joyalukkas offers that are available on their stores.

Why should one buy from Joyalukkas?

  • Has the world-class jewellery designs that stand apart amidst a sea of competitors
  • Offers the most elegant pieces from the top brands in the world like Eleganza, Pride, Veda and Zenina
  • One can easily sign up for the Joyalukkas gold scheme online making it an easy investment option
  • The gold scheme helps reduce the burden of having to pay huge sums of money for buying gold at one go
  • The Easy Gold Purchase Scheme allows customers to plan their future gold investments by paying monthly instalments regularly for over a period of 10 months
  • The Joyalukkas rewards can be converted into the Etihad Guest Miles for travelling to over 116 destinations worldwide

Other Features:

  • Joyalukkas gold coins are available in a range of 1 gram, 2 grams, 4 grams and 8 grams under 916 gold
  • The range of 5 grams, 10 grams, 20 grams and 50 grams under 999 gold
  • They have a special collection of 3D diamonds
  • They offer Joyalukkas gift cards which are both physical gift cards as well as e-cards
  • They grant Joyalukkas loyalty points that can be redeemed for different offers

Location:

  • Lulu Hypermarket, Al Barsha
  • The Gold Centre, Deira
  • Latifa Bint Hamdan St

Timings:

  • Al Barsha: Open 7 days 09:30 am to 10:30 pm
  • Deira: Open 7 days 09:30 am to 10:30 pm
  • Latifa Bint Hamdan St: Saturday to Thursday 09:30 am to 10:30 pm Friday 09:30 am to 10:30 pm

Contact:

  • Al Barsha: +971-4-323-4801
  • Deira: +971-4-226-0930
  • Latifa Bint Hamdan St: +971-4-338-4355

Joyalukkas Gold Rate Today:

  • 22 Carat Gold- AED 206.93
  • 24 Carat Gold- AED 219.34

4 . Kalyan Jewellers

Kalyan Jewellers offers the best varieties of gold jewellery in the UAE. Additionally, they pay great attention to informing their potential customers regarding the gold’s purity. At Kalyan Jewellers, you can find a wide range of exquisite jewellery items featuring gold, pearls, diamond, platinum, white gold, and gemstones. This is indeed the best place if you want to purchase traditional wedding gold jewellery such as necklaces, bangles, and jhumkas. On top of everything, they have been widely popular for to offering the best price to buy gold in Dubai which makes it stand above all the other jewellers.

Kalyan Jewellers Online Shopping: Just like Malabar gold online, Kalyan Jewellers have an equally competitive online presence. One can book appointments for store consultation from their website while at the same time buy jewellery from their e-shop. They have a range of pearl, diamond, gold and platinum jewellery in the most alluring designs.

Why should one buy from Kalyan Jewellers?

  • This jeweller makes it to our top for best gold shops to buy gold in Dubai list because of its life time exchange policy
  • It has a C.G.L certification on its jewelleries
  • There is a 30 days return policy offered by them that make it even more elusive to buy gold from just like Malabar gold online shopping

Other Features:

  • The antique jewellery by Kalyan Jewellers make it extremely appealing
  • Their uncut diamond jewellery is a class-apart
  • One can also book advance appointments for the best in-store experience

Location:

Shop No: 5, Al Sherouq Builing, Al Karama,
Opp Karama Park, Dubai - United Arab Emirates

Contact:

+971 – 43964233

+971 - 4396 4133

Kalyan Jewellers Rate Today:

  • 22 Carat Gold- AED 209.00
  • 24 Carat Gold- AED 222.50

5. Cartier

Another top gold jewellery brand, Cartier deserves to be included in the list of best gold shops in the UAE. Cartier offers a wide range of gold jewellery items right from watches, bracelets, engagement rings, wedding bands, earrings to brooches, and necklaces; they have almost everything in gold for its customers at the best gold price in UAE. All of these products are available in yellow gold, platinum, 3-gold, and pink gold. In addition to this, just like being a Malabar gold owner has its perks you can also get personalized engraving & embossing facilities at Cartier Boutiques.

Cartier online shopping: Buy the luxurious Cartier bracelets and rings that scream elegance and high class from their official website. Go through their extensive catalogue from the comfy couch in your drawing room or the bedroom. The website is easy to use and also ships your orders to the United Arab Emirates in no time.

Why should one buy from Cartier?

  • Buying Cartier jewellery is akin to investing just like buying Malabar gold and diamonds
  • Royalties around the world have chosen to wear its fine jewellery, making it appear at the fifth spot on our list
  •  A Cartier jewellery piece has never been auctioned below its original price, making its investment value extremely high
  • Cartier constantly buys backs its jewellery as vintage Cartier is extremely sought after all around the world

Other Features:

  • Some Cartier pieces are signed and numbered. These exquisite jewellery items are sold at an unimaginable high price
  • Their jewellery pieces sometimes have historical significance and as a result of that are displayed across famous museums around the world
  • Cartier’s jewellery is a marker of high status and the brand holds high esteem in the elite circles of the world

Location:

Financial Centre Rd

 Downtown Dubai

Dubai

United Arab Emirates

Contact:

+971 4 434 0434

Timings:

Open all seven days.

Saturday to Friday- 10 am to 10 pm

6. Damas

DAMAS is one of the leading international jewellery retailers in the Middle East. It has served its customers for more than 100 years and maintained its tremendous craftsmanship. Moreover, it is also referred to as the best gold shop across the UAE. All the jewellery pieces from Damas’ gold collection stand out for their purity and creativity of the gold in the same way that Malabar gold online does.

From Damas’s gold collection, you can purchase rings, earrings, watches, necklaces, and bracelets at the relatively lower gold price in UAE.

Damas Online Shopping: Their online shop’s experience becomes all the more rewarding due to their complimentary shipping which is rapid, free and completely secure. They even offer a 30 days exchange option allowing one to return the order if they are not happy with it. The payment process to is easy and secure, making it extremely seamless.

Why should one buy from Damas?

  • Ranking sixth on our list, Damas is special because it uses the nine auspicious gemstones in their gold jewellery like a diamond, blue sapphire, ruby, garnet, emerald, pearl, topaz, cat’s eye and yellow sapphire
  • Their jewellery is famous for being lightweight even though one can find stunning heavy weight pieces as well
  • They are known for their amazing bonus gifts and promotional offers
  • They are easily accessible with their 200 stores across the GCC
  • They have a wide portfolio of luxury brands alongside the in-store brands

Other Features:

  • Their brand pays special attention to women, championing their empowerment
  • They have stores across most malls in the Dubai emirates and is just as popular as Joyalukkas online stores
  • Extensive collection of rare stones to match your gold jewellery

Location:

  • Level 1, Reef Mall, Al Jazira Street، Deira
  • Jumeirah Lake Towers

Contact:

  • Deira: +971-4-222-4274
  • Jumeirah Lake Towers:  +971-4-445-9468

Timings:

  • Deira: Open all seven days. Saturday to Friday- 10:00 am to 10:00 pm 
  • Jumeirah Lake Towers: Open all seven days. Saturday to Friday- 10:00 am to 08:00 pm

Damas Gold Rate Today:

  • 22 Carat Gold- AED 209.00
  • 24 Carat Gold- AED 222.50

7. Pure Gold Jewellers

As its name depicts, pure gold jewellers are mainly known for their amazing quality and affordability. Just browse through their Hoop, Spring, Valentine, Eternity, and Illusion collection, and buy the exquisite gold jewellery for yourself as well your near and dear ones.

Why should one buy from Pure Gold Jewellers?

  • Their 120 stores around the United Arab Emirates make it easily accessible
  • They are famous for their pure gold jewellery, especially the 22 carat ethnic jewellery in gold
  • They have received the ‘Best Service performance Brand’ for treating their customers sincerely
  • They are best in the business for affordable gold jewellery just like Malabar gold rate in Dubai
  • They have also topped the list of ‘Best Customer Service,’ making them a fan favourite to buy gold in Dubai

Other Features:

  • Pure Gold Jewellers fulfil their corporate responsibility by partaking in a number of philanthropic activities
  • The purity of their gold is acknowledged all over the world

Location:

  • Wafi Mall, Garhoud
  • Dubai Mall

Contact:

  • Wafi Mall: +971-4-324-5535
  • Dubai Mall: 971-4-325-3362

Timings:

  • Open all seven days. Saturday to Friday- 10:00 am to 10:00 pm 

Pure Gold Jewellers Gold Rate Today:

  • 22 Carat Gold- AED 208.30
  • 24 Carat Gold- AED 220.80

8. Damiani

The next brand that is included in our list of the best gold shop in UAE is Damiani. Basically, it is a luxury gold retailer from where you can purchase gold jewellery and accessories for women as well as men.

They offer a broad range of gold jewellery items such as bracelets, rings, cufflinks, and earrings that are sourced from the world’s leading brands like Mimosa, Eden, Animalia, Flori d’Aranico, and a lot more,

In addition to this, you can also find an exclusive bridal gold’s collection at Damiani that includes magnificent, unique or customized gold jewellery for the bride as well as a bridesmaid.

Damiani Online Shopping: Damiani’s website offers a memorable experience while shopping for their exclusive gold jewellery much like the Joyalukkas online shopping experience. You can even opt for a dedicated customer service experience for a one on one consultation with their experts.

Why should one buy from Damiani?

  • Damiani jewellery comes with a free insurance on your jewellery
  • Each jewellery piece comes packed in the iconic Damiani jewellery box
  • They offer guarantee for the purity as well as the authenticity of all their designs
  • Their jewellery can also be engraved as per the customers’ wishes and that too free of cost

Other Features:

  • Their handmade and Italian craftsmanship is sought after by customers all across the globe
  • Damiani boasts of exclusive collection of jewellery designed by celebrities like Jennifer Aniston, Brad Pitt, Gwyneth Paltrow and Isabella Rossellini

Location:

The Dubai Mall

Financial Centre Rd

Downtown Dubai

Dubai

United Arab Emirates

Contact:

+971 4 368 2853 ext. 103

Timings:

Open all seven days.

Saturday to Friday- 10 am to 10 pm

9. Rossella

When it comes to magnificent gold pieces and unique designs, Rossella is just another top gold shop in the UAE. They have 21-carat pendants, 18-carat and 21-carat rings, in addition to bracelets and bangles at the affordable gold rate in Dubai and UAE ranging between AED 200-AED 1000 much like Malabar gold UAE rate.

Rossella Online Shopping: Explore their exclusive range of 18 carat and 21 carat jewellery for an enjoyable shopping experience. Customers can use filters like carat, stone, color and price range to narrow down the search according to their needs.

Why should one buy from Rossella?

  • Their jewellery is certified
  • Their 18 carat gold and diamond jewellery follows high standards of manufacturing

Other Features:

  • They hold the Guinness World record for the world’s heaviest ring in 18 carat gold
  • They sell both handcrafted jewellery as well as those made using modern technology

Location:

  • Al Barsha Mall, Al Barsha 1
  • Old Emirates Building, Near Dubai Gold Souk

Contact:

  • Al Barsha Mall: +971-4-385-0240
  • Emirates Building: +971-4-225-8977

Timings:

Open only six days a week.

Saturday to Thursday- 10 am to 6 pm                           

10. Tiffany & Co

Tiffany & Co is an ideal place for you especially if you want to purchase timeless and classic jewellery. They have everything right from pendants and necklaces at comparatively the lower gold price in UAE.

Tiffany & Co Online Shopping: This brand needs no introduction and as such is not a surprise inclusion in this list just like other giants like Malabar gold online. Now available in Dubai, one can also book an appointment through their website in advance. Go through their charming catalogue to narrow down your favourite pieces from anywhere.

Why should one buy from Tiffany & Co?

  • If you want to confidently propose, Tiffany is your best friend
  • If you are looking for matching wedding bands, the iconic blue box has to be your first choice
  • Their diamonds are only the excellent cut grade
  • They claim to follow a grading system that is far stricter than G.I.A

Other Features:

  • The diamonds fitted into their gold jewellery are picked extraneously
  • Each of their jewellery piece is crafted keeping in trend with the latest fashion trends

Location:

The Dubai Mall

Ground Floor

Financial Centre Road

Dubai

Contact:

(+97) 143398350

Timings:

Sunday to Wednesday- 10 am to 10 pm

Thursday to Saturday- 10 am to 12  am

Summing It Up!

There you have the list of top 10 gold shops in UAE. Well, we completely understand that when a person is spending a decent amount on purchasing gold, complete satisfaction and knowledge about the product is required. Given the basic information and profile of these gold brands, you certainly need not to worry about the purity of gold. Not only will you find unique designs of gold jewellery, but also all of these aforementioned brands are known for offering the best gold price in UAE.

So, what are you waiting for? Go to any of these gold stores to buy gold jewellery for yourself and your loved ones.