If you’re looking to purchase some fine jewellery, one of the best places to go is Dubai. There are various ways to find the finest gold jewelry in Dubai, and this city has many options to choose from. Dubai’s government has regulated the sale of all gold items to ensure that they are genuine. Each piece of gold that you purchase must bear a hallmark of purity, which is a symbol that specifies the karats of the gold, the weight and the labour involved. Purchasing a piece of gold from a reputable Dubai jeweller is a great way to ensure its authenticity and quality.
In addition to visiting a souk, you can also buy jewelry online. While online shops have a wider variety of products than those in the Souk, there’s not a lot of room for haggling. Purchasing online requires good judgment and research on your part. In any case, the prices will be lower, but the quality may not be quite as high. It’s also essential to take the time to compare prices.
While purchasing jewelry in Dubai, be sure to look for designs you love. Old Dubai’s Gold Souk is a great place to find gold pieces. You’ll find more than 400 shops there, all offering a huge variety of pieces. For a truly impressive selection, try Joyalukkas, an Indian retailer who’s known as the ‘world’s favourite jeweller’. With a huge range of pieces in stock, it’s no wonder that this store is hailed as the most popular jeweller in the Middle East.
Although the prices of gold are fluctuating, most shops in Dubai display the price per gram. Since prices are regulated, you’ll want to make sure that you’re dealing with a legitimate dealer. If you’re buying an old piece of gold, it’s best to keep receipts, certificates, and hallmarks as evidence for authenticity. Even if the gold isn’t worth much, it will help you bargain with the jeweler.
Another reason to purchase gold jewelry in Dubai is the low taxes. The UAE only charges 5% vat on gold purchases, whereas other countries charge excise duty and goods and services tax, which can make gold jewelry even more expensive. The UAE also allows tourists to claim VAT refunds on purchases made in Dubai. That’s an added bonus, as it’s always a good idea to take advantage of the low taxes in other countries.
If you’re looking to buy some beautiful gold jewelry, you’ll be glad you did. It’s possible to spend thousands of dollars on jewelry in the UAE, but remember to know the market price before you shop. Knowing the price in advance will allow you to haggle with vendors to get the best deal. If you’re not familiar with the different types of gold, a good place to learn about the different Karats is the Dubai Retail Gold Rate.