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Where to Buy Gold in Dubai Without Making Charges?

Planning an Indian wedding or investing in gold? Explore the best spots in Dubai to buy pure, high-quality gold without making charges and save big in AED!

buy gold in Dubai

In India, gold is more than a metal – it’s a symbol of love, wealth, and tradition. Whether you’re preparing for a lavish wedding, feeding your passion for gold, or investing to hedge against rising prices (around ₹75,000 per 10 grams in India as of April 2025), buy gold in Dubai is a wise investment choice.

Dubai, the dazzling “City of Gold,” offers Indian buyer’s premium gold at competitive prices, often without the making charges that inflate costs by 10-20% in India. With gold prices in Dubai hitting AED 398.25 per gram for 24K and AED 368.75 per gram for 22K (as of April 16, 2025), finding shops with no making charges can save you thousands. Let’s dive into this blog provided The Dubai Street to know where to buy gold in Dubai without these extra fees!

Why Choose Dubai for Gold Shopping?

Dubai is a global gold hub, famous for its low prices, tax benefits, and vast selection. For Indians, it’s the perfect place to buy wedding jewellery or investment gold. Here’s why:

Lower Prices: No import duties and a low 5% VAT (versus India’s 3% GST plus duties) make gold 10-15% cheaper.

Pure Quality: Dubai offers 22K (AED 368.75/gram) and 24K (AED 398.25/gram) gold with guaranteed purity.

No Making Charges: Select shops waive these fees, saving AED 20-80 per gram.

Indian Designs: From Kundan to Temple jewellery, Dubai caters to Indian tastes.

READ ALSO: Surprise your Wife with Her Favorite Gold

Gold Prices in Dubai – Updated Gold Price in the UAE

Gold TypePrice per Gram (AED, April 16, 2025)Typical Making Charges (AED/gram)
24K GoldAED 398.25AED 20-50 (waived at select shops)
22K GoldAED 368.75AED 30-80 (waived at select shops)
18K GoldAED 302.30AED 40-100 (waived at select shops)

Best Places to Buy Gold in Dubai Without Making Charges

Dubai’s gold market is vast, but not all shops offer no-making-charge deals. Below are the top spots for Indian buyers to find affordable gold, with prices in AED:

1. Dubai Gold Souk

The Dubai Gold Souk in Deira is a bustling market with over 300 shops offering everything from Indian-style bangles to sleek chains. Many vendors waive making charges (typically AED 30-80/gram for 22K) for bulk buys or during promotions.

  • Why Visit? Competitive prices (e.g., 22K at AED 368.75/gram) and Indian designs.
  • Pro Tip: Negotiate with smaller shops for “zero making charge” deals.
  • Location: Al Ras, Deira, Dubai.

2. Malabar Gold & Diamonds

Malabar Gold & Diamonds, a trusted Indian brand, has outlets in the Gold Souk and Meena Bazaar. They often offer no-making-charge promotions on select 22K (AED 368.75/gram) and 24K (AED 398.25/gram) collections, saving you AED 20-50 per gram.

  • Why Visit? Transparent pricing and Indian-inspired designs.
  • Pro Tip: Check their website for seasonal offers.
  • Location: Al Fahidi Street, Bur Dubai, and other outlets.

3. Joyalukkas

Joyalukkas, another Indian favourite, offers a range of gold jewellery, from wedding sets to daily wear. Their Dubai stores waive making charges (AED 30-80/gram) during sales, especially for 22K gold at AED 368.75/gram.

  • Why Visit? High-quality gold and Indian-friendly service.
  • Pro Tip: Shop during Diwali or Dubai Shopping Festival for deals.
  • Location: Gold Souk, Deira, and BurJuman Mall.

4. Meena Bazaar

Meena Bazaar in Bur Dubai feels like India, with shops offering gold without making charges (saving AED 20-60/gram) on simpler designs like chains and bangles. Expect 22K gold at AED 368.75/gram.

  • Why Visit? Affordable prices and an Indian-like shopping vibe.
  • Pro Tip: Compare multiple shops for the best no-charge deals.
  • Location: Bur Dubai, near Al Fahidi Metro Station.

5. Damas Jewellery

Damas, a premium chain in malls like Dubai Mall, offers select collections without making charges (AED 40-100/gram) during promotions. Their 24K gold is priced at AED 398.25/gram.

  • Why Visit? Modern and traditional designs with reliable quality.
  • Pro Tip: Ask about no-making-charge collections in-store.
  • Location: Dubai Mall and Mall of the Emirates.

Tips for Buying Gold in Dubai

Maximize your savings with these tips for Indian buyers:

  • Track Gold Rates: Prices fluctuate daily (e.g., 24K at AED 398.25/gram). Use GoldBroker or iGold for real-time rates.
  • Bargain Smartly: Negotiate in the Gold Souk to waive making charges (AED 20-100/gram).
  • Check Purity: Look for hallmarks (e.g., 916 for 22K) and request a purity certificate.
  • Shop During Sales: Diwali or Dubai Shopping Festival offer no-making-charge deals.
  • Claim VAT Refund: Tourists can reclaim 85% of the 5% VAT (e.g., AED 19.91/gram on 24K) at Dubai Airport.

How Much Can You Save by Buying Gold in Dubai?

Making charges in India range from ₹500 to ₹2,000 per gram (AED 22-88/gram). In Dubai, waiving charges (AED 20-100/gram) on 10 grams of 22K gold (AED 3,687.50 total) can save AED 200-1,000. Combined with lower base prices and tax benefits, you could save AED 500-2,000 on a 10-gram purchase.

FAQs

Can I bring gold from Dubai to India?

Indian residents can bring up to 20 grams (men) or 40 grams (women) of gold jewellery duty-free if abroad for over a year. Check Indian customs rules for details.

Is Dubai gold cheaper than India?

Yes, Dubai’s gold (e.g., 22K at AED 368.75/gram or ₹8,646.96/gram) is 10-15% cheaper than India’s ₹9,500-10,000/gram due to lower taxes and no import duties.

Do all Dubai shops waive making charges?

No, but shops in the Gold Souk, Meena Bazaar, and brands like Malabar and Joyalukkas offer no-making-charge deals (saving AED 20-100/gram), especially during sales.

Dubai’s competitive prices (24K at AED 398.25/gram, 22K at AED 368.75/gram) and no-making-charge deals make it a gold shopper’s paradise. Plan your trip, negotiate wisely, and bring home the sparkle for your wedding or investment!

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