In the maze of small streets, visitors can pick up new pieces of jewellery for much cheaper than back home, as long as they bargain hard (haggling is part of the Dubai gold souk experience).
The Dubai Gold Souk was established in the early 1900s. The market existed before the United Arab Emirates (UAE) officially became a country, according to Time Out Dubai .
Gold is crafted into many different styles, overwhelming customers.
The souk has a rich history, dating back to the 1940s when traders from India and Iran first began selling gold and other precious metals in the area. However, it was the transformative boom of the 1970s that really elevated the Dubai Gold Souk to the iconic status it retains to this day.
The entrance to the market, inside is another world of gold
The souk is famous for its wide selection of gold and jewelry, offering a wide range of items from traditional Arabic designs to modern and contemporary styles, catering to a wide range of tastes and preferences. Shoppers can find everything from gold necklaces, bracelets and earrings to intricate gold sets, pendants and bracelets.
Besides gold, the market also boasts a wide variety of precious stones, including diamonds, sapphires, emeralds, rubies, and more. Many shops offer gemstone-encrusted jewelry and allow customers to create custom pieces.
The souk is located in the heart of Deira. Al Ras Metro Station on the Green Line is a five-minute walk away, making it the best way to get there. Be aware that traffic is heavy and the roads are narrow, so driving and parking can be a challenge. Taxis are the best option for visitors, as they can drop you off right at the main entrance.
Trading is mainly done in grams and 24 karat, it is estimated that the market holds up to 10 tonnes of gold at any given time and there are dozens of shops offering some incredible items including diamond jewellery and other precious stones.
Every design is available in the market but the most famous here are the engagement ring designs.
Al Romaizan, one of the leading gold and jewelry companies in the Gulf Cooperation Council, gives reasons why visitors should visit this unforgettable location.
The Gold Souk is the only dedicated gold market in the world. Dubai has long recognized the immense potential of gold and, more importantly, focused on the purity of gold in its economy. Gold in Dubai is known to be the purest and most reliable gold in all grades, including 24K, 22K, 21K and 18K.
In fact, the Gold Souk became world famous for this very reason.
Gold Souk Dubai is also a famous tourist attraction.
The Dubai government has been successful in ensuring regular verification of gold sold. Retailers in Dubai are also required to keep all measurement records for strict verification by the authorities. Today, it has become the largest gold trading center in the entire Middle East and one of the largest in the world.
Mannequin covered in gold ornaments
Apart from the quality, the Gold Souk has a lot of options for visitors as there are over 300 gold jewelry shops. This place has everything you want, all you have to do is choose, and you may even get tired of the countless options there. Another important fact that visitors need to know about gold in the Gold Souk is that if you buy gold here, it is tax-free, which means it is much cheaper than anywhere else.
Giant gold ring weighing over 60kg and worth $3 million (11 million UAE dirhams) on display at market
One of the most interesting things about Dubai’s Gold Souk is that visitors have complete freedom to bargain with the sellers to get the best gold jewelry. If you are not used to bargaining, it may seem strange, but at the Gold Souk, it is different. Anyone can easily bargain to reduce the price of gold jewelry.
Source link
Comment (0)