Located in Deira in the heart of Dubai’s commercial business district, the famous Gold Souk is one of the oldest and most fascinating traditional markets in the emirate, and a must-see on your next Dubai yacht charter.
Characterized by long lines of bustling market stores that glitter with their eye-catching wares, the souk is the largest gold market in the world and one of the most popular tourist destinations of the emirate; presenting an ideal opportunity to purchase a gift for a loved one or cherished family member.
Carefully regulated by the Dubai government to ensure the utmost quality and authenticity of the products being sold, you can be sure your purchase will be genuine.
In addition to gold, there are also platinum and silver products, as well as diamond-encrusted ornaments and beautiful strings of pearls to add to the aladdin cave-feel to the souk.
For first-timers, it's prudent to be armed with a few tips before going ahead and purchasing your gold.
- Like stocks, gold fluctuates on a daily basis, so it's well-worth knowing how much it is worth on the open market before you venture out.
- Know your karats – gold is sold by the karat, with the higher the karat the purer the gold. 24-karats is 100% pure gold.
- Learn the art of haggling – sellers expect you to haggle, so don’t accept their first offer. Try bartering 25 per cent off the quoted price, you may be pleasantly surprised.
- Shop around – it makes sense to look around a number of stalls and gauge their pieces and prices before settling on something.
- Head down the alleys – the shops that are not as easily accessed can often herald better bargains as a result of less foot traffic.
The souk opens early and generally closes around 9.30pm
Dubai Gold Souk
United Arab Emirates