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Dubai Online > Shopping > Gold Souk

Gold Souk

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The Gold Souk is Dubai’s most famous and visited souk. A labyrinth of covered walkways is home to hundreds of retailers offering a huge selection of jewellery made from gold, silver, diamonds and other precious metals and stones.

It’s a fascinating place that should be on every tourist’s itinerary, even those with no intention of making a purchase.

The market price of gold is displayed on signs around the souk and in individual stores. Prices are listed for 24K, 22K, 21K, and 18K in AED per gram. The current gold rates in Dubai can be found here. Pieces are sold by weight according to the current market price with an additional charge for workmanship.

Women looking through the window of a jewellery shop at the Gold Souk in Dubai

Always barter on the price of anything you wish to purchase. Sellers will initially set a high price. The weight element of the price is non-negotiable but the charge for workmanship is. Reductions of as high as 30 percent are possible. Similar items can be found in many of the stores so take your time to shop around. Credit cards are accepted, but better discounts can usually be obtained if you pay in cash.

Staff serving customers in a shop at the Gold Souk in Dubai

To be on the safe side ensure you purchase from the stores. Strict government regulations ensure items on sale are accurately described. The street vendors don’t adhere to the rules and the jewellery they sell will often (if not always) be fakes.

Necklaces in the window of the Gold Souk in Dubai

The souk is located in Deira, near the Al Ras Metro Station, and is open 7 days a week. Opening hours for the Gold Souk are 10 am to 10 pm Saturday to Thursday (but many stores close between 1 pm and 4 pm). Timings on Fridays are 4 pm to 10 pm.

The Gold Souk is the best known but by no means the only place to buy gold in Dubai. If you don’t want the souk experience there are many other (air-conditioned) places to shop. One of the best alternatives is the Gold & Diamond Park (close to the First Gulf Bank Metro Station).

Map

Map showing location of Gold Souk.

Click here for a detailed map showing all points of interest.

Map showing location of Gold Souk

Details

Gold Souk

Address
Deira
Dubai
United Arab Emirates

Reader Interactions

Reviews and Additional Information

  1. Gigi says

    December 11, 2018

    Is it possible to pay with debit card?

    Reply
  2. Illias Abdulai says

    July 12, 2018

    I have over 50kg of powered gold for sale. Please contact me if you are interested.

    Reply
    • Abdel El Eter says

      July 18, 2019

      Hello
      I’m really interested and I would like to have little chat .

      Reply
  3. renz says

    July 10, 2018

    How can i buy gold here? I am in the Philippines.

    Reply
    • Muhamed says

      August 10, 2018

      Renz,

      No they don’t operate online. You have to find a resident or a courtier operating online to do it for you.

      Thanks

      Reply
  4. Yasir says

    June 27, 2018

    Can I bring gold products like bangles, bracelets, chains etc to Dubai Gold Souq to sell? What are the terms and conditions if I want to trade gold products in Dubai?

    Reply
  5. Eric OWUSU says

    June 4, 2018

    Hi, I need to buy a 24 carat gold ring for my wedding. It is for myself and my wife. Kindly advice if could do this transaction online?

    Reply
    • Muhamed says

      August 10, 2018

      Hi,
      No , they not trading online.
      You need to find an intermediary or courtiers to do that for you.
      Thanks

      Reply
  6. bernie says

    April 14, 2018

    Can you buy gold online from the stores?

    Reply
  7. shao says

    April 1, 2018

    I have a gold bracelet but i want to make it into an engagement ring. Is there anywhere I can do it in the Gold Souk?

    Reply
  8. Prasad says

    February 1, 2018

    Does any shop in the Gold Souk accept Indian rupees?

    Reply
  9. Praful More says

    October 5, 2017

    How much gold can I carry from Dubai to Mumbai?

    Reply
  10. Amar says

    October 24, 2016

    What is the gold rate today?

    Reply
  11. Afras says

    June 9, 2015

    What are the currencies they accept? Do they accept USD?

    Reply
    • randy says

      February 21, 2018

      Yes, they love US currency.

      Reply
  12. Prakriti jain says

    February 7, 2015

    What are the opening and closing timings of gold souk? What is the best time to go there and how much time can easily be spent there?

    Reply
    • Editor says

      February 9, 2015

      The opening and closing times of the Gold Souk are stated in the text above. Once again, from Saturday to Thursday most shops will be open by 10 am and will shut around 10 pm. On a Friday they open around 4 pm and finish around 10 pm.

      The best time to visit is at night. The displays look a lot better when it is dark. It is also cooler so you’ll be more comfortable walking round.

      How much time could you spend there? Well it really depends if you are just browsing or actually looking to buy something. If you are just going for sightseeing purposes then I’d say a couple of hours at most. It’s a pretty big market but it isn’t huge. It’s interesting but I think you’ll have seen enough gold and jewellery after a few hours.

      Reply
      • Ha strid says

        June 15, 2016

        Do you know if the opening/ closing times are the same during Ramadan?

        Reply
  13. ALi hared says

    January 28, 2015

    I need to know the price of gold per gram. Can you tell me the price please?

    Reply
    • Editor says

      January 30, 2015

      The price of gold varies by the day, and even hour. So telling you the price now is fairly pointless since by the time you get to Dubai it will have changed.

      For what it is worth, gold was trading today at 153 AED per gram for 24 carat, 145 AED per gram for 22 carat, 139 AED per gram for 21 carat, and 120 AED per gram for 120 carat.

      Reply
  14. Editor says

    October 6, 2014

    The Khaleej Times are reporting that gold sales in Dubai are skyrocketing due to a drop in the price of gold. At the time of writing, 22 carat gold is currently trading at 137.5 AED per gram (24 carat – 145 AED per gram, 21 carat – 131.75 AED per gram, 18 carat – 114 AED per gram).

    The price drop has been caused by speculation that the US is about to raise interest rates, making gold a less attractive investment.

    Reply
  15. Caroline says

    June 18, 2014

    I enjoyed it here but would actually recommend the Gold and Diamond Park for buying jewellery. It was air-conditioned and although not as big as the Gold Souk still had a lot of choice. The staff were less pushy and there were also some cafes there. The Gold Souk is the place to come for an experience but the Gold and Diamond Park is better for buying.

    Reply

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