Dubai for long came to be known as the City of Gold, even though majority of its gold is imported from Asia and neighboring countries. It is widely known that Gold in Dubai is economical then the rest of the world, so there is always a demand to visit this area by all who come to Dubai. Adding to this luring factor is Dubai’s special tax-free shopping status making Dubai a much favored hotspot for buying gold jewelry.
The Dubai Gold Souk is located at the prime business district in Deira which is at eastern Dubai and is a traditional market. At the souk there are more then 300 retailers exclusively trading in jewelry, and also smaller stores that operate exclusively. More then 25 tonnes of gold are displayed in the windows of more than 600 shops.
Now there are two gold markets in Dubai, the Old Gold Souk and the new one. They belong to the same locality and are close to each other with similar offerings. The old souk lies scattered in an area while the New Dubai operates from a two-storey building. Those who love to explore the old ambience and feeling are advised to visit the old one before visiting the new one.
Gold can be purchased from both markets based on its weight. And as a result you can purchase gold from famous designers at economical prices. And the final purchase at good price depends on the customers bargaining efficiency, since items are not tagged. There is a great variety available here, starting form old & traditional style to new and modern. Gold at different hues are also sold here: yellow, white, purple and even pink. These merchants also make custom-made items.
An apt time to visit the Dubai Gold Souk is during Dubai Shopping Festival, at this time this place bustle with activity. Shops will be well lit, gold will shine due to this lighting, and the shops keep their glitter open until 10 pm. In this world, only in Dubai you will come across a city of gold glittering at night and you will be amazed by it.