Where to buy jewelry in Dubai?
- The Gold and Diamond Park is a huge air-conditioned mall located on Sheikh Zayed Road right next to the First Gulf Bank metro stop. The mall has approximately 60 retail jewelry stores with a wide range of styles and products.
Can you buy diamonds cheaper in Dubai?
For all the ladies who love owning diamonds, Dubai is an excellent place in which to buy quality diamonds at prices which can sometimes be almost 50% cheaper than in other countries. Unlike gold, most jewelers agree that diamonds do not appreciate over time.
Does Dubai sell diamonds?
Dubai is an excellent place to shop for diamonds and diamond jewellery. It is the world’s third major diamond trading hub, attracting the best luxury jewellery brands, diamond jewellery designers and shopping mall jewellery retailers. Diamond shoppers will find they are literally spoiled for choice in Dubai.
Are diamonds in Dubai real?
1) While it’s true, in Dubai, most diamonds are sold sealed — there’s a reason for this. Nobody trusts anybody else. Demand for Princess cuts is much less in Dubai than the UK or the US, so stores stock very little of them.
Which country is best for buying diamonds?
So, what is the cheapest country to buy diamonds? India is the cheapest followed up by China, Dubai, Thailand, and Belgium. They are the cheapest because most of the world’s diamonds are cut there. So you do not have to pay any markup due to shipping or retailer markup.
Why is it cheaper to buy diamonds in Dubai?
The biggest reason for the relatively low price of diamonds in Dubai is the lack of import duties or taxes. There are no import duties and very few taxes when it comes to jewelry items. At times, you can find quality diamond rings or jewelry in Dubai that is more than 30% cheaper compared to some other countries.
Are diamond rings cheaper in Dubai than UK?
Are Diamonds Cheaper in Dubai Than Other Countries? The short answer is NO.
Is Dubai gold cheaper than UK?
Buying gold in dubai will be cheaper than the uk. I live in leicester where there’s many gold shops (indian owned). It was cheaper to buy there, also selling your gold in dubai you got a better price.
Which diamond shape is the cheapest?
The cheapest diamond cuts that you can purchase are the Asscher diamond cut and the Emerald diamond cut. Asscher shapes and Emerald shapes are cheaper is because of two factors. When cutting the rough diamond, they lose more weight.
Are diamonds cheaper in the Middle East?
And Good readers have it even easier than most people, because Dubai is not only one of the cheapest places to buy diamonds, it’s one of the top three diamond trading hubs in the world, along with Belgium and India.
Is jewelry expensive in Dubai?
GOLD IN DUBAI IS CHEAPER Due to the exclusion of taxes in the emirate prices for gold in Dubai have always been cheaper as buyers would only pay for the value of the gold jewellery. VAT in Dubai is currently the only form of tax applied on any gold purchase.
Is platinum cheaper in Dubai?
Unlike Gold & Silver, platinum is not that popular in Dubai and so I dont expect the price to be hugely discounted. The labor charges involved in making the jewelry and the stones set within the platinum may be cheaper however.
Are diamond prices increasing?
The miner increased the price of its rough diamonds throughout much of 2021 as it sought to recover from the first year of the pandemic. The Anglo American unit hiked prices by about 8% at its first sale of the year, according to Bloomberg. The sharpest increases of up to 20% were for smaller, cheaper stones.
Are diamonds cheaper in Israel?
The Prices of Diamonds and Jewels in Israel are Low In Israel, the Diamond Exchange in Ramat – Gan is a tax free area, and therefore diamonds are sold there at decreased prices due to the low taxation.
Is James Allen reputable?
Is James Allen good? James Allen is a good online diamond retailer if you’re looking for value. It offers a large range of diamonds and settings at fair prices. All diamonds have 360-degree videos and are certified.
5 Best Places to Buy Diamonds In Dubai
It is important to note that the average pay in Dubai is determined by a variety aspects, the most important being what kind of work one is performing. Given that Dubai is a fast-paced metropolis and a major economic engine in the United Arab Emirates, the cost of living is quite high there. Consequently, a significant wage is required in order to cover your living expenditures in this town. Significant changes have occurred in this city as it transitions from a medieval to a contemporary city.
Furthermore, there has been an increase in the number of individuals who wish to invest in the city, and there has also been a surge in the number of professionals.
The University of Chicago awarded her a master’s degree in Economics, which she used to further her career in finance.
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Gold Souk of Dubai
It is located at the heart of Dubai’s old commercial district in Deira and is extremely popular and well-known for its range of gold shops. The Gold Souk consists of a number of stores, both well-established and smaller merchant stores, and is extremely popular and well-known for its range of gold shops. Although the selection of diamonds on show is large, purchasers have the option of negotiating pricing, which may not be to everyone’s liking. The Gold Souk, on the other hand, offers you a true sense of the ‘old’ Dubai.
Dubai Gold and Diamond Park
Located on Sheikh Zayed Road, just adjacent to the First Gulf Bank metro station, the Gold and Diamond Park is a massive air-conditioned shopping center. There are roughly 60 retail jewelry stores in the mall, offering a diverse selection of designs and goods. This is the ideal location for serious diamond purchasers who know exactly what they want in terms of specs and are willing to bargain with the sales crew. Diamond costs might vary from shop to store, and your ability to negotiate a fair deal may be a determining factor in whether or not you obtain a decent offer.
Dubai Diamond Trading Websites
If you’re looking for amazing costs on a large selection of diamond jewelry, shopping online from a web-based retailer such asFergus James will provide you with the most competitive rates available in the market. Price comparisons between online traders and conventional retailers with a physical presence are very astonishing since online traders have far lower overheads than traditional retailers with a physical site.
In order to avoid disappointment while shopping online, it is essential to get verified diamonds. Most online dealers will want a deposit to reserve your diamond, which will often not exceed 5 percent of the total purchase price.
Joyallukas is a very popular jewelry store with several branches throughout the emirate. It is one of Dubai’s leading jewelry stores and the first to be awarded the prestigious ISO 9001:2008 and 14001:2004 certifications, as well as the Dubai Quality Awards Certification by the ruler of Dubai, His Highness Sheikh Mohammed bin Rashid al Maktoum. Joyallukas is a very popular jewelry store with several branches throughout the emirate.
Damas, an internationally famous brand with its headquarters in Dubai, provides a traditional collection of high-quality diamond jewelry that is supported by the company’s one-hundred-year history in the jewelry industry. Damas has grown from a tiny gold shop to a worldwide renowned brand with more than 300 outlets in six countries as a result of its commitment to producing the best quality items made with the greatest craftsmanship.
Buying a Diamond Engagement Ring in Dubai? (Read This First!)
When it comes to shopping for a diamond engagement ring, Dubai (the “City of Gold”) may appear to be the best place in the world to do it. After all, the United Arab Emirates is well-known for its tax-free shopping, highly competitive jewelry business, and ranking as the world’s third-largest diamond-trading hub (see chart below). With so many people (both residents and visitors) believing that there are bargains and fantastic deals to be obtained in the city, it’s not surprising that they believe this.
How Things Work in Dubai When Buying Diamonds
All jewelry dealers in the United Arab Emirates are required to give certifications for every purchase of a diamond product, according to UAE legislation. While the formation of this regulation was done with the best of intentions in order to safeguard consumers, this is also where the issue arises. See, there isn’t a general agreement on the sort of grading report or the standards that should be utilized to determine the grade of a diamond. Abuse and misrepresentation of commodities are made easier as a result of this.
- In addition, a practice that is rather peculiar to diamonds in Dubai is that they are often sold loose in a sealed package rather being cut and polished.
- Because no one in the business has faith in anybody else, there’s a good reason for this to be the case (this should already raise a red flag).
- When diamonds are traded between wholesalers and merchants, they are often exchanged in the form of unopened, sealed packages.
- And please allow me to say this.
- Due to the fact that there are essential analytical analyses that require information taken from an open diamond, this is the case.
Because of weak consumer protection and awful sales procedures (including the absence of money-back guarantees), there is no need to expose yourself to unnecessary risks and pain in Dubai when there are many better places to buy.
Where Are the Most Popular Places to Buy an Engagement Ring in Dubai?
First and foremost, I want to state unequivocally and unequivocally that the most popular shopping destinations are by no means the greatest places to shop for an engagement ring. As a matter of fact, these are some of the worst sites in Dubai to purchase a diamond ring.
Location1 – The Gold Souk
An excursion to the Gold Souk is nearly usually included in the agenda of any visitor to Dubai. There is a diverse selection of shops selling trinkets, bracelets, bullions, diamonds, and other sorts of gold jewelry right in the heart of Deira’s historic market center. While this locale is primarily renowned for its gold jewelry, there are other establishments that offer loose diamonds and engagement rings in addition to gold jewelry. However, you should exercise extreme caution because the rates that are quoted are sometimes too expensive.
Location2 – Gold and Diamond Park (GDP)
The Gold and Diamond Park, in contrast to the traditional souk, is a modern retail complex with air conditioning and bright lighting, which is ideal for holiday shopping. In addition to around 90 jewelry merchants and more than 110 industrial centers, the mall is conveniently located along Sheikh Zayed Road and adjacent to the First Gulf Bank metro station. Gold and Diamond Park is a popular tourist destination since it is widely regarded as the greatest location to buy diamonds and engagement rings.
Location3 – The Dubai Mall
If you are like me and despise bargaining and being taken advantage of by street vendors, theDubai Mallis a shopping center where international companies including as Cartier, Tiffany & Co., and De Beers have established themselves. Obviously, there is no place for negotiating in venues like this because the costs are set in stone. This isn’t always a negative thing because prices in the Souk and GDP are sometimes quoted at a higher rate than those found in the branded shops. That being said, here’s the deal.
- There are Tiffany and Cartier stores all throughout the world, and you might simply purchase anything from your local Tiffany or Cartier location.
- Before you get too excited about the prospect of shopping for jewelry in the United Arab Emirates, allow me to shatter your bubble by stating unequivocally that all of these venues are tourist traps.
- Consider the implications of this.
- Salespeople on the street are attempting to entice clients into their establishments.
- You’ll encounter the usual harrassment, frauds, and antics that can be found in diamond districts.
- Do you believe that the average visitor will have a chance of avoiding being ripped off in the absence of a level playing field and enough knowledge?
Vendors including as James Allen, White Flash, and Blue Nile are excellent choices if you are looking for really high-quality diamond engagement rings at affordable pricing. These are consumer-oriented enterprises that allow customers to purchase without taking any risks.
Are Diamonds Cheaper in Dubai Than Other Countries?
The quick answer is that it does not. Why? The fact that the United Arab Emirates is the world’s third biggest trading hub does not imply anything. Simply put, it means that the movement of diamonds in Dubai is passing through more hands than before. And, as a result, every time a diamond is traded, you can expect an increase in price as the dealers get their commission. The reality of the matter is that Dubai does not create diamonds or engage in mining operations. Every single diamond and the great majority of pieces of jewelry that wind up in Dubai are really created in other countries and brought into the city from where they were purchased.
- On top of that, the overheads and retail markup are reflected in a substantial way in the excessively expensive merchandise.
- What I discovered was that the stores in Dubai were at least 20-30 percent more costly than the merchants in the United States!
- More information may be found in this guide.
- There is a 5 percent sales tax placed on luxury items such as gold and diamonds at the time of this writing.
- Granted, this 5 percent tax may be more fair when compared to other nations such as the United Kingdom or the European Union, where the VAT may be an extra 25 percent more expensive.
- As a result, you’ve returned to square one.
- They accomplish this by failing to declare the items they have purchased while traveling through customs.
- It’s not worth getting into trouble in order to “save” a little money here and there.
- In fact, with their high-definition enlarged films, you will be able to examine every single aspect.
Is It Worth Travelling to Dubai to Buy a Diamond?
Please allow me to be quite clear about this. If you are planning a special vacation to Dubai just for the purpose of purchasing a diamond ring with the false belief that you would save money, you are completely incorrect. Initially, there aren’t any savings that can be used to balance travel expenditures or provide reason for taking the time to do so. In the event that you are traveling as a tourist to Dubai, or if you are traveling to Dubai for another reason, purchasing a diamond in Dubai exposes you to hazards.
When it comes to frauds, the souks and malls may be a minefield for the naive and first-time shopper. The fact why tourists are frequently targeted and victimized is due to the fact that it is difficult for them to seek redress once they return to their own country.
Summary: Don’t Get Fooled by “Cheap” Prices or Ripped Off
Dubai is a fantastic vacation location to visit, and it is home to some of the most beautiful buildings on the planet. There are several tourist attractions to visit, as well as a rich cultural legacy to discover. Don’t be deceived into believing that it is the ideal location to obtain a good price on a diamond or an engagement ring when it comes to diamonds or engagement rings. Apart from the flashy exteriors of the malls and souks, it’s a giant shark tank, with numerous unscrupulous enterprises preying on uninformed people.
If you must purchase jewelry, avoid diamonds and only purchase gold jewelry since the prices of gold jewelry are less susceptible to manipulation.
All three provide a large assortment of diamonds as well as hundreds of different ring styles to pick from.
The following is an actual email exchange between The Diamond Pro and a reader just like you who contacted us for more information on diamonds. Personal information is always deleted from the website. Learn from these postings, or get in touch with us directly for free, specialized assistance. UPDATE: I just returned from a brief trip to the Dubai diamond market, where I did some discreet shopping. Unfortunately, I discovered more of the same scams that I’ve seen in most diamond districts across the world.
- For example, one organization does a fantastic job of procuring legally certificated gemstones straight from diamond producers at extremely competitive pricing.
- While the US market is still the greatest bet for overall value, this is a wonderful alternative for anyone who live in Dubai and want to invest in the stock market.
- Taking a brief journey might save you between 20 and 25 percent on taxes and fees.
- In preparation for purchasing an engagement ring in the next month or two, I’ve been researching diamond purchasing for quite some time.
- I’ve heard both good and negative things about Dubai (positive: it’s tax-free, and you can get great deals.
- I have around £2000 to spend in total and would like a princess cut diamond weighing between.5 and.75 carats set in a gold ring (notplatinum or white gold).
- There are several causes for this: 1) While it is true that the majority of diamonds sold in Dubai are sealed, there is a good reason for this.
- All OK, but the difficulty is that the sealing service is only provided by IGI, HRD, and a couple of local labs (that no one really uses).
- See my post on the various gem labs for more information.
- 2) If your budget is 2000 Sterling, the airline and accommodation will very certainly be more expensive than whatever VAT you will have to pay in the United Kingdom.
- 4) There is a limited range of princess cut dresses in Dubai.
What I would suggest is that you purchase a diamond from Blue Nile UK. If you visit this site, you may have the diamond placed in a simple gold setting. I’ll go out and choose a stone that I think you’ll like and provide you a link to it via email. What we appreciate about them is:
- Returns are accepted within 30 days after shipment with no questions asked. A pre-paid mailing label will be sent to you by James Allen in order to return the ring. Warranty for the rest of your life
- International shipping is provided at no cost. Every six months, you will receive free prong tightening, repolishing, rhodium plating, and cleaning. Insurance assessments are provided. Within 60 days of purchase, you are entitled to one free sizing. Inscriptions on rings are provided for free. Imagery of all diamonds in stock that is of the highest possible grade
- Customer service is available 24 hours a day, seven days a week. Packaging that is among the best in the industry
The Nile (Blue Nile) is a river in Egypt. Blue Nilei is the largest and most well-known online jewelry retailer in the world. They have a substantial amount of exclusive online inventory. Their image quality is getting up to that of James Allen’s, and their pricing are unbelievable. Blue Nile has graciously provided our readers with a one-time use voucher that can be used just once. If you want to save $100 on engagement ring settings, click here. What we appreciate about them is:
- Returns are accepted within 30 days after shipment with no questions asked. In order to return the ring, Blue Nile will provide you with a pre-paid postage label. Warranty for the rest of your life
- Shipping is complimentary. Every six months, you will receive free prong tightening, repolishing, rhodium plating, and cleaning. Assist in obtaining an insurance appraisal Within the first year of purchase, you are entitled to one free resizing. High-resolution photos of around half of their gems
- Customer service is available 24 hours a day, seven days a week. One hundred percent credit against future improvements (which must be at least double the current value)
- Exceptional customer satisfaction
Still afraid of getting ripped off?
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Buying diamonds in Dubai – Dubai Forum
2.Regarding the purchase of diamonds in Dubai 6 years ago today In principle, the GoldDiamond Park should be less expensive because it is a part of theDubaiFreezone; yet, I believe that its popularity has caused costs to rise. G D Park is in modern Dubai, where it’s air conditioned and comfortable to wander about. I do believe that The Gold Souk suffers as a result of The G D park, and as a result, the stores in The Gold Souk are more inclined to let you bargain a little bit more than in other parts of Dubai.
Because they are both governed by the municipality, you should not assume that The G D sells higher-quality jewelry (as some people assume the gold souk is not as legitimate for some reason) There are many of the same branches can be found in both locations; nevertheless, it is usually more convenient to visit the branch that is nearest to your lodging.
Even if you explore in the evening, go ahead and purchase your jewelry first thing in the morning when the store opens and ask for a discount as a thank you for being the store’s first client of the day.
6 years have passed since the last edit
Dubai Diamonds Jewellers – Diamond Rings Dubai
Purchasing Diamonds Jewelry Made with Diamonds in Dubai When it comes to diamonds and diamond jewelry, Dubai is a fantastic destination to shop. It is the world’s third-largest diamond trading center, drawing the world’s most prestigious luxury jewelry companies, diamond jewelry designers, and jewelry merchants from shopping malls across the world. Furthermore, Dubai is home to several prominent local companies and independent diamond merchants, as well as brilliant jewelry artisans who provide high-end customised services at competitive pricing.
- With the help of the country’s low-tax shopping policy (which is tax-free for visitors) and a little patience, it’s possible to locate the right diamond jewelry for every taste and budget in the country.
- Their timeless appeal ensures that they will always be in high demand, with classic solitaire rings leading the way.
- Meagan Markle’s three-stone engagement ring, for example, has spurred interest in three- and five-stone designs in general.
- Among the widely accessible diamond necklace alternatives are traditional pendants with chains and ornate diamond collar pieces, both of which are available in a variety of designs.
- These classics are readily available at most diamond jewellery stores in Dubai, as are designer sets that include distinctive elements such as ornate halos, channel-studded bails, and slider pendants.
- Diamond necklaces and earrings can be ordered as a set, which includes a matching bracelet.
- Diamond earrings, on the other hand, are readily available in both sets and as individual pairs.
Additionally, hoops and huggies are excellent choices for earrings that are little larger and more compact.
Shopping for these fashionable earrings in Dubai is very simple because the prices are competitive and most stores are willing to work with customers to obtain a more favorable price.
If you know exactly what you want, you can just tell a diamond jewellery merchant what you want and they will take care of the rest.
If you want, you might purchase your loose diamonds separately, engage a jewelry designer to develop a design for your diamonds, and then hire an artisan to manufacture your jewelry for you.
Important to keep in mind is that doing things properly requires time, effort, study, and persistence.
Remember to always deal with trustworthy diamond jewelry dealers who have customer-friendly rules in their business practices. To prevent falling victim to a fraud, insist on seeing diamond certification and obtaining a warranty before finalizing the transaction.
Landing Page – Diamond Dealers etc
Dubai Diamonds is a renowned Dubai diamond dealer with more than 50 years of expertise in the sale of the finest loose diamonds and diamond jewelry to residents and visitors to the city of Dubai.
Our Customer Experience
- With over 50 years of expertise in the sale of the best loose diamonds and diamond jewelry to Dubai residents and visitors, Dubai Diamonds is the foremost diamond dealer in the city of Dubai.
Best Places to Buy Diamonds in Dubai
” Diamonds are everlasting ” and ” diamonds are a girl’s best friend ” are just a couple of the proverbs that have been attributed to this magnificent stone. Diamonds, after all, have come to represent beauty, perfection, and everlasting love throughout history. Who wouldn’t want to be the proud owner of such a priceless piece of jewelry? And when it comes to purchasing diamonds, you’ve arrived at the correct location! Dubai, along with Belgium and India, is one of the world’s most important diamond trade centers.
A. Where to Buy Diamonds in Dubai
In case you were wondering, what is it about the emirate that makes it such a big center for diamond purchasing and trading? For starters, the residents of Dubai live in a tax-free society; they are not required to pay taxes on diamonds. Another advantage of shopping in this city is that the gold and diamond markets are quite competitive, allowing you to readily compare things and choose one with the best price! Another consideration would be Dubai’s advantageous geographical position. In addition, because the emirate is located in close proximity to India and South Africa — where the majority of diamonds are sourced — cheaper shipping and handling expenses translate into lower retail sales prices.
Now that you’ve learned why Dubai is a popular destination for diamond merchants, let’s speak about the locations where you can get these precious stones:
1. Gold Souk
The Gold Souk, which is located along the historic Dubai Creek and in the heart of Deira’s ancient commercial sector, is a must-visit for both tourists and locals alike. You will discover a plethora of establishments selling gold, diamonds, and other valuable jewels in this area. Furthermore, you have the option to bargain! When purchasing diamonds at the Gold Souk, you have the opportunity to bargain for the best price.
2. Dubai Gold and Diamond Park
With its prime location along the ancient Dubai Creek and in the heart of Deira’s historic business sector, the Gold Soukis unquestionably a must-see for both tourists and locals. Many shops selling gold, diamonds, and other valuable jewels can be found in this neighborhood. In addition, you have the option to bargain with the vendor! When buying diamonds at the Gold Souk, you have the opportunity to bargain for the best price.
3. The Dubai Mall
You should go to The Dubai Mall if you don’t want to deal with haggling and would rather buy jewelry while you’re shopping for other things.
Premium names like as Cartier, De Beers, and Tiffany & Co., as well as a number of lesser businesses, may be found at this location. In fact, you might want to have a look around at the about 150 jewelry stores – after all, this is the world’s largest mall!
4. Large Retail Chains
When it comes to shops, there are a slew of huge retail chains in Dubai that specialize in the sale of gold, diamonds, and other valuable jewels. Damas and Joyallukas are just a handful of names that come to mind. They have a large number of branches around Dubai, including malls, souks, and shopping centers.
5. Dubai Diamond Trading Websites
In the event that you are really busy and have little time to go shopping, you may want to consider purchasing from an online retailer such as Fergus James. Because they have lower overhead expenses than traditional, “physical” retailers, diamond selling websites are typically able to sell at competitive rates. Of course, you should conduct preliminary research and seek recommendations from friends and coworkers who have already made purchases from online jewelry retailers before making a final decision.
B. List of Diamond Stores in Dubai
While the preceding list has general information about where you may buy diamonds in Dubai, the following list contains detailed information about diamond dealers, including those that have both physical and online stores:
1. Damas Jewellery
After opening its initial store at the Gold Souk in 1959, Damas Jewellery has established itself as a well-known brand that has been there for decades. Since then, it has grown, and it currently has over 300 stores across the United Arab Emirates and neighboring countries, including Bahrain, Egypt, Kuwait, Oman, Qatar, and Saudi Arabia, among others. A well-known brand both locally and globally, Damas is known for producing high-quality jewelry. Address: Damas Jewellery Building, Jumeirah Lakes Towers, Dubai Media City Convention Center Toll-free number: 800-DAMAS (32627) Customer service may be reached at [email protected]
2. Fergus James
In the words of Fergus James, a British jeweller, his mission is to “deliver quality and ethical diamonds to clients all around the world.” Specifically, according to the company’s official website, James oversees a group of highly-skilled artisans who use ancient methods of ring-making to ensure that each creation is one of a kind. It is worth noting that Fergus James can only be reached through an appointment. Address: 11F Almas Tower, Jumeirah Lake Tower, Dubai, P.O. Box 5514Telephone: +971 52 360 6874Email: [email protected]: 11F Almas Tower, Jumeirah Lake Tower, Dubai Website:
Award-winning Jewellery shop Joyalukkas is one of the most well-known establishments in Dubai. In fact, it was the first jewellery shop to be certified to ISO 9001:2008 and ISO 14001:2004 standards, as well as the first to do so. The company has also been honored as the “Retailer of the Year” in the Middle East, and it has won the Dubai Quality Awards Certification from none other than His Highness the Ruler of Dubai himself. Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, is the Prime Minister of the United Arab Emirates and ruler of the city.
Since then, it has grown and opened 160 showrooms in the United Arab Emirates and ten other countries.
Joyalukkas Jewellery LLC is located on the 9th floor of the New Century City Tower in Dubai. Toll-free number: +971 4 25 22 900 Customer service may be reached by email at [email protected] Website:
KYRA was founded in 1999 and has grown to become a rapidly expanding online supplier of diamonds, jewelry, and fashion items. In fact, it has been chosen as one of the most recognizable names in the Middle East’s e-commerce and online jewelry retail industries. The Dubai Gold and Diamond Park serves as the headquarters and distribution center for KYRA International. GoldDiamond Park – Dubai, Building No.2, Ground Floor, G-2024, Sheikh Zayed Road, Interchange No.4, Behind FAB (First Abu Dhabi Bank) Metro Station, Close to Al Barsha Traffic DepartmentTelephone: + 971 4 3406868Email: [email protected]:
5. Malabar Gold and Diamonds
KYRA is a diamond, jewelry, and fashion accessory company that was established in 1999 and is rapidly expanding online. In fact, it has been chosen as one of the most recognizable names in the Middle East’s e-commerce and online jewelry retail sectors. The Dubai Gold and Diamond Park is where KYRA’s headquarters and distribution centers are based. GoldDiamond Park – Dubai, Building No.2, Ground Floor, G-2024, Sheikh Zayed Road, Interchange No.4, Behind FAB (First Abu Dhabi Bank) Metro Station, Close to Al Barsha Traffic DepartmentTelephone: + 971 4 3406868Email: [email protected]: www.kyra.ae
6. Mamiya Diamonds
Mamiya Jewellers, which was established in 1966, has been in the gold and diamond industry for more than 50 years, offering finely designed jewels to consumers throughout the United Arab Emirates and beyond. Mamiya Diamonds are now available for purchase in the following locations in Dubai: Locations and phone numbers are as follows:
- B.V. Mamiya Jewellers, Deira Gold Souq, Opposite Baskin-Robbins Ice Cream, P.O. Box 2378, Dubai / Telephone: +971 4 2266026
- Eva Jewellers FZCO, Shop No. 5, Building Number 1, Gold and Diamond Park, Sheikh Zayed Road, P.O. Box 2378, Dubai / Telephone: +971 43 479923
- Mamiya Factory Outlet, Building Number 1, Gold and Diamond
Website: www.mamiyadiamonds.comEmail: [email protected]
7. Sparklers International DMCC
Sparklers International DMCC can trace its origins back to India, where the company has been in the jewelry business for more than four decades now. Notably, it has been in operation in the United Arab Emirates for more than a decade, manufacturing and selling diamonds and highly designed jewelry. Call +971 50 64 525 62 or send an email to [email protected] for further information. Website:
In business for more than 50 years, TEJORI has been selling valuable jewels to inhabitants and visitors of the United Arab Emirates, as well as to the rest of the world. The company now operates seven retail outlets in the following Dubai neighborhoods:
- The Deira Gold Souk
- The Dubai Gold and Diamond Park
- The Dubai Marine Beach Resort and Spa
- The Jumeirah Zabeel Saray Hotel on the Palm
- The Mirdif City Centre
- The Souk Madinat Jumeirah
- And the Dubai Mall are all worth seeing.
Phone: +971 4313 2843 (in Arabic). Sales can be reached at [email protected] Website:
C. The 4 Cs of Buying Diamonds in Dubai
Having established a general understanding of where to purchase diamonds in Dubai, let us discuss some crucial considerations to bear in mind. Remember, purchasing a diamond is not something you do on a regular basis, and you want to be certain that you are receiving the most value for your money! The first and perhaps most important step is to locate a trustworthy jewelry retailer. In accordance with Dubai legislation, diamond merchants are required to offer a “certification,” which verifies the legitimacy of the commodity.
Independent organizations that analyze the quality of precious diamonds provide diamond certification, which is issued by a third party.
The 4Cs are the criteria used by gemologists who are certified by these organizations to evaluate the quality of diamonds in their possession. Knowing the following can assist you, the customer, in making a purchasing decision:
The first C stands for “carat” or “carat weight,” while the second C stands for color. The usual rule of thumb is that as the carat weight of a diamond grows, the value of the diamond increases as well.
“Clarity” is represented by the second C. The better the clarity of the diamond, the higher its monetary worth. According to the level of clarity, the scale spans from Flawless (FL) to Included (INCLUDED) (I1, I2, and I3).
“Clarity” is the second C on the list. Because diamonds are highly transparent, their value increases as clarity increases. From Flawless (FL) to Included (I) is the range of clarity on the clarity scale (I1, I2, and I3).
Last but not least, the fourth C stands for “cut” or “form,” and it is surely not the least important. The Heart, Marquis, Pear, and Princess shapes are among the most common cuts. Within the diamond, the way light is reflected and refracted varies depending on how the diamond has been cut. If you’re looking to get diamond jewelry, whether as a special gift or to propose to your partner (best of luck! ), don’t be concerned because there are several outlets to pick from in Dubai. You may either visit a real store or get them via the internet.
Buy Diamonds in Dubai: Joyalukkas, Damas Jewellery & more –
It’s no secret that diamonds are a woman’s best friend, especially when it comes to engagement rings. Fortunately, thanks to the city’s tax-free business model, the valuable gemstone is a popular investment option in Dubai, where it is valued at over $1 billion. Because Dubai is one of the world’s most important diamond trade centers, you will be spoiled for choice when it comes to selection! For those wishing to add a little shine to their jewelry collection, we’ve compiled a list of the best shops in Dubai to buy certified diamonds.
Best places to buy diamonds in Dubai
Before purchasing diamonds in Dubai, be certain that they have all of the essential certificates.
Malabar Gold and Diamonds
In business since the early 1990s, this iconic diamond company currently has more than 260 locations in 10 countries. There are also multiple locations throughout Dubai, making it one of the most prominent diamond sellers in the United Arab Emirates. Whether you’re looking for stunning earrings, fashionable rings, or a big necklace, Malabar Gold and Diamonds has a large selection of diamond jewelry to choose from. All of the diamonds used in the jewelry are properly certified, and the jewelry is backed by a 30-day BuyBack Guarantee.
- Addresses and phone numbers: Al Khail Mall | LuLu Hypermarket Al Barsha | Meena Bazaar Cosmos Lane
- Fax: +971-4-321-2027 | +971-4-325-0916 | +971-4-388-7916
- Website: www.alkhailmall.com
- Hours of operation: Vary depending on the branch
This company started its initial retail location in the 1950s and has grown to become one of the largest diamond merchants in the region. It has more over 300 branches across the United Arab Emirates, as well as in neighboring nations. Their jewellery is exquisite, and it is available under a variety of various labels, including Legacy, Al Qasr, and Kiku, among others. The diamond jewelry available at Damas is spectacular, to say the least. It is available in a variety of designs and shapes. It is possible to go over their current collection on the official Damas website.
When it comes to returns and upgrades, all diamond jewelry purchased from the shop is covered by the “Damas Promise.” As an example, if clients exchange jewelry after 30 days of purchase, they can upgrade to new diamond jewelry after subtracting remodelling charges and without exceeding a specific percentage of the billed value.
The consumer will, however, be required to present evidence of purchase as well as the original invoice in order to get reimbursement.
- Various locations in Dubai, including Dubai Festival City Mall, Marina Mall, and Al Fahidi
- Phone number: +971-800-326-27. Hours of operation: Vary depending on the branch
Another popular choice for purchasing diamonds in Dubai is this well-known retailer. The Joyalukkas brand is recognized for its gorgeous handcrafted items that come in a variety of patterns to suit the tastes of the most discriminating customers. Joyalukkas founded its first store in the United Arab Emirates in 1987, and the company has serviced more than 10 million clients in 11 countries to date. His Highness Sheikh Mohammed Bin Rashid Al Maktoum, the ruler of Dubai, also bestowed the Dubai Quality Awards Certification to the company, as well.
At the moment, the brand’s diamond items are offered in two collections: Eleganza and Pride, all of which feature diamonds.
Aside from that, there are also repair services available.
- LuLu Al Barsha is located in the Gold Centre in Deira at 240 Damascus Street. For further information, use the following numbers: +971-4-225-3646, +971-4-227-6575, or +971-4-323-4801. Hours of operation: Vary depending on the branch
KYRA, which has been in the diamond business for more than two decades, has earned a spot on the list of the top places to purchase diamonds in Dubai. Their jewellery range, in addition to certified diamonds, contains personalized platinum wedding bands and vintage engagement rings, which may help to make a special event even more memorable and valuable. Their broad collection also includes children’s jewelry in the shape of ear studs, pendants, bracelets, bangles, hoops, and pins, among other things.
- In addition to earning a place on the list of the top places to purchase diamonds in Dubai, KYRA has been in business for almost two decades. Their jewellery range, in addition to certified diamonds, contains personalized platinum wedding bands and vintage engagement rings to make a special moment even more memorable and valuable. They also provide a large selection of children’s jewelry, including ear studs, pendants, bracelets and bangles, as well as earrings, hoops and pins. In terms of safety and cleanliness, special attention is paid while developing goods for babies and young children.
High-quality diamonds from Dubai are well-known worldwide. Following that, we’d like to highlight Fergus James, a British goldsmith headquartered in Dubai who specializes primarily in engagement rings and beautiful jewels! For those seeking for the ideal ring to propose to their special someone, Fergus James will leave you completely bewildered for choice. In order to create Fergus James jewelry, diamonds are sourced from nations such as Botswana and Russia as well as South Africa and Angola, among other places.
Furthermore, they are “conflict-free” and adhere to the Kimberly Process established by the United Nations.
Additionally, it is only available to customers who made the first purchase of the product.
- Location: 11F Almas Tower, Jumeirah Lake Towers, Dubai
- Telephone number: +971-52-360-6874
- Hours of operation: 09:00 a.m. to 06:00 p.m.
It has been over 50 years since Tejori, a high-end jeweller in Dubai, has been selling various types of precious stones in the emirate of Dubai! Tejori’s extensive assortment includes anything from diamond engagement rings to bracelets, earrings, and pendants, among other things. Tejori has a number of locations in Dubai, including the Dubai Mall and GoldDiamond Park, among other locations.
Tejori is also a good option for anyone looking for loose diamonds to purchase in Dubai. You can rely on obtaining certified items in this location. Tejori also provides services such as polishing, sizing, and engraving for its customers’ jewelry.
- In the following locations: GoldDiamond Park, Building 4| Souk Madinat Jumeirah | The Dubai Mall
- Phone number: +971-4-313-2843
- Hours of operation: vary by branch
Fiori is another another excellent option for purchasing diamonds in Dubai. It has been in existence in the United Arab Emirates for 50 years, with two branches in the emirate. The family firm has been in operation for three generations, and the company’s name is well-known throughout the Middle East and the Far East. The delicate quality of each diamond jewellery item reveals Fiori’s state-of-the-art machinery and excellent craftsmanship, which is shown in the use of cutting-edge technology.
When it comes to creating a piece that is really one-of-a-kind, you may develop your own design and have it crafted by the brand’s artisans.
- Dubai International Financial Centre | Dubai Gold and Diamond Park
- Phone: +971-4-223-7356 | +971-55-808-1374
- Address: Dubai International Financial Centre | Dubai Gold and Diamond Park
- Timings: DIFC Branch: 10:00 a.m. to 8:00 p.m. (daily)
- GoldDiamond Park Brand: 10:00 a.m. to 10:00 p.m. (Saturday – Thursday), 04:00 p.m. to 10:00 p.m. (Friday)
- DIFC Branch: 10:00 a.m. to 8:00 p.m. (daily)
- DIFC Branch: 10:00 a.m. to 08:00 p.m. (da
Other places to buy diamonds in Dubai
Additionally, in addition to the previously listed businesses, you may get excellent prices on diamond jewelry at the following establishments:
Dubai Gold and Diamond Park
This is a hugely popular mall among locals and visitors who are searching for high-quality diamond, gold, silver, and platinum items at the emirate’s premium jewelry stores. The Dubai Gold and Diamond Park is the ideal place for individuals who seek a wide range of options close at hand. It is home to more than 76 boutiques, each of which features excellent jewellery collections.
- From Sunday to Thursday, the hours are 08:00 a.m. to 05:30 p.m. at the Sheikh Zayed Road, 4th Interchange. For further information, call +971-4-362-7777.
Is it possible to conclude a list of jewelry retailers without including the world-famous Gold Souk of Dubai? Despite what its name indicates, the Deira Gold Souk also sells a variety of diamond-related items in addition to gold. The enormous, bustling facility, which is located in the heart of the emirate’s historic commercial sector, is home to both small-time traders and big jewellery companies. Overall, it is the most advantageous location in Dubai for purchasing gold and diamonds. Once you know where to search, finding the finest spot to purchase a diamond ring in Dubai is simple.
Frequently Asked Questions
Diamond jewelry may be purchased at a lower price in Dubai than it can be purchased in other countries. One of the primary reasons for this is that customers in the emirate do not have to pay taxes on purchases made in this manner. Second, the close proximity of diamond-producing countries such as South Africa and India may also contribute to the cheap price of diamonds.
Where can I buy gold in the emirate?
Many well-known establishments in Dubai sell gold jewelry and bullion, and you may find these items there. In fact, several of the diamond stores mentioned above are also among the most reputable gold shops in the city of Dubai.
Where to buy cheap diamonds in Dubai?
Price negotiations are possible with some diamond dealers in Dubai; as a result, it is possible to receive a good deal on your diamond purchase. When looking for a great deal on diamonds, you should also examine internet wholesalers; however, before doing so, be sure to read the reviews first.
Why do expats buy gold in Dubai?
There are a variety of reasons why expats choose to purchase gold in Dubai. For starters, because the government monitors all gold items, you can obtain the purest variety available. Furthermore, because all such transactions are tax-free, gold objects are far less expensive than those marketed in other nations. This brings us to the end of our tour to the best places to purchase diamonds in Dubai. We have diamond boutiques in Dubai that will satisfy your needs, whether you want to purchase classic diamond sets or something a bit more eccentric and trendy.
At the gold souk in Abu Dhabi, you can also get high-quality jewelry of various designs.
Those interested in acquiring gold as an investment may find that purchasing bullion in Dubai is the most advantageous alternative. On MyBayut, you can find the finest of what the United Arab Emirates has to offer.
The 5 Best Places to Buy Diamonds in Dubai
Those ladies who like diamonds will find that the United Arab Emirates is one of, if not THE greatest, destination in the world to acquire diamonds and diamond engagement rings. This is partly owing to the fact that it is a tax-free jurisdiction with a highly competitive local market, as well as its position as one of the world’s top three diamond trade hubs. These environmental elements have combined to produce the ideal climate for snatching a bargain! Fortunately, we’ve done the legwork for you and compiled a list of the top sites to purchase diamonds to assist you in finding the right diamond at the greatest possible price!
There are over 50,000 GIA certified diamonds offered on the websites of some of these firms, many of which are listed at prices that are cheaper than anyplace else on the earth.
This British-owned and operated jeweler, located in the Jewelry and Gem Complex, just a few minutes’ walk from Dubai Marina, provides honest advice, very competitive rates, and attentive, professional customer care to all of its customers.
All of the diamonds sold by Fergus James are GIA certified, and the company’s whole team is GIA accredited, ensuring that clients receive the greatest assistance and advise possible.
Here are some of their client success stories.
The Gold Souk, which is located opposite to the Creek, is the greatest place to shop for gold and Indian style jewelry.
This may be annoying and perplexing, and it may not be to everyone’s taste.
Its Creekside setting is breathtaking, and it feels like a world apart from modern Dubai.
Many significant retail chains with hundreds of outlets throughout the emirate of Dubai, including shopping malls, souks, and supermarkets, may be found throughout the emirate.
In contrast to other possibilities in Dubai, we discovered that the rates of retail space to rent and vast product ranges kept in store tend to be on the expensive side when compared to other options in the city.
If you are searching for a souvenir to take home with you to remind you of your time in this wonderful city, then these shops are well worth a visit.
Retailers at Dubai Mall range from high-end establishments such as Cartier, Tiffany, and De Beers (to mention a few) to more modestly priced, more traditional establishments.
The mall, which contains over 150 jewelry merchants and is located immediately off Sheikh Zayed Road, as well as having its own Metro station, is a popular destination for jewelry shoppers.
For those searching for high-end branded jewelry from the likes of Tiffany and Cartier, this is unquestionably the greatest place to go.
They have a website where you can get a comprehensive list of stores, which can be reached by clicking here.
Several individual merchants are operating in a moderately competitive atmosphere and selling their items.
Diamond costs might vary from shop to store, and the listed pricing for pre-made things are quite high, so you’ll almost certainly have to bargain to get a good deal on your purchase.
There are a few things to keep an eye out for: many of the businesses in this area offer IGI, EGL, and IDL certified diamonds that are over graded.
Also keep in mind that many of the diamonds sold here are second hand because these stores all buy back products from customers who want to upgrade — if you are looking for a new diamond (first diamond owner), you must be extremely cautious because staff will not tell you if the diamond has been used previously.
Check the certificate’s expiration date; if it’s more than 6–8 months old, there’s a good probability it was returned by a previous purchaser. Keep your wits about you, and you’ll be just fine. To learn more about Dubai Rocks, please visit www.dubairocks.com.