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In the commercial area of Deira City, Dubai, there is a traditional market known as the Dubai Gold Market, and it is one of the most amazing Sights of Dubai Are. In this traditional and large market, there are more than 360 shops, most of whose owners are famous jewelry merchants. All kinds of gold and jewelry in different designs and brands are bought and sold in the gold market of Dubai. This glamorous commercial center is always busy due to the presence of tourists and visitors, which makes it flourish in the middle Dubai markets has been One of the important features of Dubai gold market is that you can find everything you like and according to your taste and budget. To get to know this golden and famous market, keep reading.
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Index of this article
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Where is the gold market in Dubai?
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In the commercial area of Deira, next to the Dubai Fish and Vegetable Market, there is a large traditional market where you can see all kinds of gold and jewelry. Dubai City Gold Bazaar is also located near the Al Ras Metro Station, which you can use the metro to visit. This spectacular and glamorous attraction of the city of Dubai Souq Gold is also famous.
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How to go to Dubai gold market?
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You can use various public transportation to go to Souq Tala market, because the location of this beautiful and traditional market is convenient and it is easy to reach it from any part of Dubai city. In this way, you can use the following public vehicles:
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- Subway: At any station of the Dubai Metro, get yourself to the Al Ras station. After leaving the station, you have to walk for 10 minutes to reach the gold market.
- Bus: To go to Dubai gold market by bus, you must take one of the C28, C09 and C07 buses.
- Taxi: If you plan to take a taxi to the gold market, it is better to use UBER or CAREEM taxi services to book a taxi.
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The best season to buy from Dubai gold market
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In general, the price of gold sold in the Dubai gold market is cheaper than other countries, including European countries. The low price of gold in this market is also because they include less fees and its price is close to the price of raw gold. But you should know that in some days of the year, festivals and discount festivals are held in this market where you can buy your favorite gold and jewelry at the best possible price. The main discount festivals of the Dubai gold market are held every year in these time frames:
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- December to January
- June to August
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Important tips for buying from the gold market in Dubai
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You should know that buying from shops in the gold market of Dubai is considered a safe and secure purchase, because the inspectors of the Dubai Municipality constantly monitor and inspect the way these shops buy and sell, and even send their gold samples to special laboratories for examination. they will send it. But it is better to remember these important points before buying from this beautiful and glamorous market:
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- Before buying from the gold market in Dubai, be sure to know the daily price of gold that is announced online. Because the price of gold in this market follows the rate announced in the world markets.
- It’s true that the gold rate is fixed, but you can haggle on the manufacturing cost rate to lower the gold price.
- The higher the grade of gold, the higher its purity. Therefore, the higher the gold grade you choose, the more you have to pay for it. In general, gold is exchanged in Dubai based on weight and carat.
- To choose and buy gold, be sure to visit different shops and check and compare their prices.
- You can get more discount if you pay for gold in cash.
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The price of gold and jewelry in the gold market of Dubai
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In order to know the price of gold and jewelry in the gold market of Dubai, the following measures have been taken:
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- Around the market and its stores, there are signs that announce the daily price of gold.
- The prices on the board are written for 18,000, 21,000, 22,000 and 24,000 dirhams per gram.
- The method of determining the price of gold is also based on the daily price of each gram and the cost of making it.
- The price of gold in the Dubai gold market fluctuates daily.
- A 5% value added tax is applied to jewelery sold in this bazaar as well as all gold shops across Dubai.
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Is it possible to buy gold in the Dubai gold market for tourists?
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Throughout history and until today, gold is considered a precious metal that is used as an ornament, investment, savings and buying and selling. If you intend to buy gold from the famous markets of Dubai, you should know that you are buying from a global gold and jewelry supply center. Due to the large volume of gold exchanges in the city of Dubai, they have given it the title of the city of gold. Many tourists who travel to Dubai from different countries prefer to get the gold they need from the famous gold market of this city, because it has good prices and they experience a safe and secure purchase. Keep in mind, however, that the amount of gold that each tourist can buy from this market depends on the regulations of his country of origin. Because each country determines an amount for the entry of gold by travelers, which amount depends on the weight and cost of gold.
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Dubai gold market visit information
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You can choose any day of the week to visit the famous Dubai gold market, but you need to know its working hours on different days. The working hours of the gold market in Dubai are from Saturday to Thursday, 10 a.m. to 10 p.m., and on Fridays from 4 p.m. to 10 p.m. Also, sightseeing in this traditional and beautiful market is free for all tourists and citizens.
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Restaurants near the Dubai Gold Market
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After exploring the beautiful and glamorous Gold Souq of Dubai and buying your favorite gold and jewelry, you can have a delicious local meal at the best restaurants around the Dubai Gold Souq. If you plan to eat and drink near the Dubai Gold Market, these options are in front of you:
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- Eshwaq Cafe
- Shabestan Restaurant
- Battle Cafe
- Local Hus Restaurant
- Gazebo restaurant
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Places to visit near the Dubai Gold Market
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After visiting the gold bazaar of Dubai city and experiencing an exciting and convenient shopping experience, you can go to the entertainment and tourist places around this bazaar. In this way, you can save your time during your trip to Dubai and see more places of the city. Some of the most famous and beautiful sightseeing and entertainment places near Dubai Gold Souq are:
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Dubai tour to visit the gold market
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If you want to go to this city on a business or pleasure trip to buy the Dubai gold market, we suggest Dubai tour Use stay24. In this tour, you can book the closest hotels to this market as you wish and don’t worry about the headaches of booking plane tickets and staying in this city. It should be noted that in this way you can choose any desired time period and any hotel in this city.
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Hotels near Dubai Gold Bazaar
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The gold market of Dubai is located in Deira neighborhood and its short distance to the airport is an advantage. For this reason, many tourists, especially those who travel to Dubai with the intention of buying gold, seek to stay in hotels near this market. Fortunately, there are various hotels and accommodations around the gold market in Dubai, which you can choose according to your wishes and budget. We have listed the closest hotels to this market below, which you can find on the page Dubai hotels book it.
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- Deira Regency Hotel
- Crowne Plaza Deira Hotel
- Deira Hilton Hotel
- Nasim Plaza Deira Hotel
- Deira Parthenon Hotel
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final word
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In the heart of the tourist and tourism city of Dubai, there is a large and traditional market where all the shops sell gold and jewelry. This market is world-famous and is known as Dubai Gold Market and Souq Gold Market. Most of the store owners in this market are old and famous gold traders in Dubai. Buying gold and jewelry from the gold market of Dubai is safe, affordable and according to the taste of every tourist. Due to the great popularity of tourists buying gold in Dubai Gold Souq, in this article we introduced everything you need to know about this beautiful and glamorous market.
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Where is the gold market in Dubai?
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The gold market of Dubai is located in the commercial area of Deira, next to the fish and vegetable market.
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Is it possible to find a hotel or accommodation near the gold market of Dubai?
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Yes. Different types of hotels such as Regency Deira, Crowne Plaza Deira, Hilton Deira, Nasim Plaza Deira, Parthenon Deira, etc. are located near this market.
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What are the best gold shops in Dubai?
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Undoubtedly, the best gold shops in Dubai are in Dubai Gold Souq.
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