Dubai
5 reasons why purchasing gold in Dubai is so popular with foreigners
Dubai is frequently referred to as the “City of Gold.” In addition to having a whole souk devoted to selling gold, Dubai has long been a popular place to buy gold, particularly among the ex-pat community and foreign visitors.
Dubai is frequently referred to as the “City of Gold.” In addition to having a whole souk devoted to selling gold, Dubai has long been a popular place to buy gold, particularly among the ex-pat community and foreign visitors. However, have you ever wondered why this emirate receives preferential treatment when buying this priceless metal? There are a lot of good reasons to purchase gold in Dubai. What to expect if you ever consider doing so?
GOLD IN DUBAI: 5 REASONS TO BUY
Dubai has a lot to offer in terms of gold jewelry, whether you’re looking for something basic to wear every day or something more extravagant. In addition, there are five other reasons why buying gold in Dubai is so common.
1. A PURE GOLD FROM DUBAI
When purchasing gold in Dubai, you won’t need to be concerned about the jewelry’s quality or purity. The government regulates all goods sold by jewelers, ensuring the legitimacy of every piece of gold sold in Dubai. Additionally, all jewelry shops in the city are required to display a gold purity hallmark on the items they sell and to give it to customers upon request. The gold purity hallmark is a document that lists information like the karats, weight, and cost of the labor as well as the amount of actual gold and gemstones used in the jewelry. It guarantees that every purchase is verified and has a global market value. Since many people bring gold back to their home country, buying gold in Dubai is very well-liked among ex-pats.
2. Dubai offers cheaper gold
Due to its lack of taxes, Dubai has always enjoyed favor. It is a major factor in people’s decisions to purchase gold and move to the city. As buyers would only pay for the value of the gold jewelry, prices for gold in Dubai have always been lower due to the emirate’s exclusion of taxes. Even after the Value Added Tax (VAT) was implemented in 2018, it still costs significantly less to buy gold in Dubai than it does in other nations around the world. Additionally, all purchases made in the UAE by tourists are eligible for VAT refunds.
In Dubai, the only tax that is currently levied on gold purchases is VAT. Other countries, like India, have additional taxes on top of the VAT, including the goods and services tax (GST) and excise duty, which raises the price of gold jewelry.
3. You have a greater choice
The emirate of Dubai is well-known for being a gold as well as a clothing and electronics shopping mecca. If you’re looking to buy gold in Dubai, you can either visit the Deira Gold Souk, one of the city’s oldest traditional souks, which has a line of jewelry stores lined up, or you can choose from some of the city’s more well-known gold retailers, like Damas and Joy Alukas, which are spread throughout the city’s malls. Wherever you go, you can always find a spectacular selection of jewelry with styles from all over the world.
4. Gold prices in Dubai follow world market rate changes
The gold prices are another feature that makes purchasing gold in Dubai a smooth process. Dubai’s gold rate is based on international gold prices, guaranteeing consistency in pricing throughout the city’s retail establishments. The fact that gold prices fluctuate internationally, much like stock market prices do, gives gold buyers in Dubai the chance to benefit from declining prices and get gold at the lowest price. Therefore, before making a purchase, always make sure to check the current gold rate in Dubai.
5. In Dubai, you can nrgotiate the costs involved in making gold
Another factor contributing to the affordability of gold in Dubai is the ability to bargain for the cost of the making fees, which are fees associated with creating the ornament. Making fees change based on the type of gold jewelry you purchase and the retailer you choose. While haggling can be a little difficult in the larger jewelry stores in the mall, you won’t experience this problem in the stores in the Dubai Gold Souk. You can significantly reduce the making charges by adjusting your purchase amount and the gold price in Dubai.
FAQS REGARDING GOLD BUYING IN DUBAI
Where can I buy gold in dubai?
In Dubai, where can I buy gold?
Where to buy gold in Dubai?
In Dubai, there is a gold souk that is a great place to start if you want to shop for gold jewelry. There is a row of gold shops there that offer a wide selection of designs and styles. You can also visit any of Dubai’s shopping centers. These showcase some of the most well-known jewelry manufacturers in Dubai, including Damas, Joyalukkas, and others. The Gold and Diamond Park Mall, where you can buy fine jewelry, precious stones, gems, silver, gold, and platinum, is another excellent choice.
The emirate of Dubai truly lives up to its moniker as the “City of Gold” with all these reasons to purchase gold there. Have you bought gold from Dubai before? Tell us in the comments section below. We hope you learned something new and found this article useful. If you liked it, please spread the word to your loved ones and remember to check back with https://storyhunters.in/ for more fascinating articles on Dubai life.
What is the theme of Gitex 2023?
This is The Year To Imagine AI in Everything at GITEX – with artificial intelligence’s meteoric rise over the past 12 months affecting all aspects of our modern lives – the AI theme will weave seamlessly throughout the show.
What is the entry fee for Gitex?
So, let’s talk about the entrance fees for GITEX Global Dubai. While the cost of attending can vary depending on the type of pass you choose, it’s important to note that options suit different budgets and needs. For a basic one-day pass, prices typically start at around $299.
What does Gitex stand for?
of Gulf Information Technology Exhibition) is a global tech show, organised by, and taking place at, the Dubai World Trade Centre in the United Arab Emirates.
What are the benefits of VIP pass in Gitex?
For those seeking a more exclusive experience, GITEX Dubai also offers VIP passes, which provide additional benefits such as fast-track entry, exclusive access to VIP lounges, and priority seating at conference sessions.
What is the world’s largest tech show?
GITEX GLOBAL 2023
Described as the “world’s largest tech show,” the much-anticipated GITEX GLOBAL 2023 has opened doors for its 43rd edition in Dubai. Gathering technology creators, investors, enthusiasts and startups, the five-day event is hosting hundreds of companies, including renowned brands, to exhibit their latest products.
What is the theme of technology in 2023?
Artificial intelligence will become more prevalent in 2023 with natural language processing and machine learning advancement. Artificial intelligence can better understand us and perform more complex tasks using this technology. It is estimated that 5G will revolutionize the way we live and work in the future.
What do you wear to GITEX?
Wear Comfortable Clothes
Make sure you wear comfortable clothing and shoes. Sure it’s a business event and you need to put your best foot forward, but if you’re sweating so much you could wring out your shirt, and you can’t walk in a straight line because your new shoes are pinching, that’s not going to do it either.
Who should attend GITEX?
GITEX 2023 is expected to draw tens of thousands of attendees, including entrepreneurs, technologists, IT enthusiasts, and business professionals, making it an exceptional venue for meaningful connections and one-on-one discussions about the transformative potential of technology.
What happens at GITEX?
Gitex typically hosts a series of conferences, seminars, and workshops featuring industry experts, thought leaders, and innovators. These events cover various technology-related topics and offer insights into emerging trends and challenges.
Where is Gitex Global 2023?
The Dubai World Trade Centre, historically called Sheikh Rashid Tower, is a 38-storey and a height 184 m skyscraper in Dubai, United Arab Emirates, which was erected in 1979. It is a purpose-built complex for events and exhibitions. The building is featured on the 100 dirham bank note.
This year’s GITEX GLOBAL will be the 43rd edition of the most established and iconic large scale exhibition in the world – providing a gateway for tech creators, investors and enthusiasts to collaborate for over 4 decades.
The surge in global demand has rallied GITEX GLOBAL – The world’s largest tech show, scaling even bigger this year across two mega venues, Dubai World Trade Centre & Dubai Harbour – covering a ground-breaking 41 halls of exhibition space, housing tech powerhouses & revolutionary startups within AI, Cybersecurity, Mobility, Sustainable Tech and much more.
Get ready for 5 full days of enthralling conferences, live-action workshops, matched concierge networking and business partnerships as well as discovering the latest tech in use and unseen by the masses.
Getting to Dubai Harbour from DWTC
Shuttle Buses (FREE)
Get to Dubai Harbour from GITEX GLOBAL with frequent and free shuttle buses that run all day, every day
| Time | 10:00 – 18:00 |
| Frequency | Every 15 min |
| Pick Up Points | Arena Plaza (next to Hall 1) and Convention Gate (Hall 8) |
| Cost | Free |
FAST-TRACK
| Taxi | Dedicated taxi pick up points at GITEX GLOBAL with a fast-track lane for all Dubai Harbour visitor. |
| Location | Transportation Hub |
CAREEM (Discount)
| Careem | Use your exclusive discount code for 20% Off on all Careem Journeys (T&Cs apply) |
| Location | Pick up / drop o Transportation Hub |
| Cost | Careem Code : ENS2023 |
FAST-TRACK
METRO
METRO
The fastest way to Dubai Harbour. Right outside Dubai World Trade Centre, take the Red Line metro to Al Khail station (10 stops), then jump on the free shuttle bus that will swiftly take you to Expand North Star in just a few minutes
| Location | World Trade Centre Metro Station |
| Time | Metro schedule |
| Frequency | Every 2 minutes during peak hours |
| Cost | 5 AED with NOL card |
Getting to Dubai Harbour from the city
Metro
Quick and easy jump on the Dubai metro Red Line and take our free Expand North Star shuttle from there to the Harbour.
| Location | Al Khail Metro Station |
| Time | Metro schedule |
| Frequency | Every 2 minutes during peak hours |
Tram
Travelling from JBR or Dubai Marina? Take the tram to Mina Seyahi Station and use our free shuttle service for the last few minutes of your journey.
| Location | Mina Seyahi Tram Station |
| Time | Tram schedule |
| Frequency | Every 8 minutes |
| Cost | 3 AED with NOL card |
Shuttle Buses – Hotels
| Location | Grand Millennium Signature 1 Novotel Radisson Blu Media One W Dubai Al Habtoor Sheraton JBR Avani Westin Mina Seyahi Beach Resort |
| Time | Pick up & drop o 09:00 – 19:00 |
| Frequency | Daily |
| Cost | Free |
Taxi
Door-to-door travel with drop off right in front of the Expand North Star entrance.
Location : Dubai Harbour
CODE IS APPLICABLE TO/FROM DUBAI HARBOUR
CAREEM
Book your ride via the Careem app and save 20% on your journey. (T&Cs apply) The drop off point is directly in front of the Expand North Star entrance.
| Location | Dubai Harbour |
| Cost | Careem Code – ENS2023 |
Arriving to Dubai Harbour
PARKING
FREE PARKING
700 parking spaces Head to SkyDive Dubai and cross the waters to Dubai Harbour using the free water taxi. Ahoy sailors!
| Location | SkyDive Dubai Parking |
| Time | 08:00 – 20:00 |
| Cost | Free |
*FREE SHUTTLE BUSES AVAILABLE
PARKING
Park at Nakheel Monorail parking for the Dubai Palm and get on our free shuttle service direct to Dubai Harbour.
| Location | Nakheel Monorail Parking Building Dubai Palm |
| Time | 08:00 – 20:00 |
| Cost | 10 AED per hour |
Water Tax
With a venue surrounded by water, what better way to arrive than by boat! Take the water taxi from SkyDive Dubai to Expand North Star.
Metro Pick up
Want to avoid Dubai traffic & jump on the metro? Take our free shuttle from Al Khail Metro station to connect you to Dubai Harbour.
| Location | Al Khail Metro Station |
| Time | 09:00 – 18:00 |
| Frequency | Every 15 min |
| COST | Free |
BUGGIES
Expand North Star buggies onsite will bring you from the Harbour parking and the water taxi station to the main entrance.
| Location | On Site – Harbour |
| Time | 09:00 – 19:00 |
| Frequency | Every 5 min |
| Cost | Free |
Dubai
Dubai Airport to be peak time; Passengers are advised to follow these instructions
Dubai Airport to be peak time; Passengers are advised to follow these instructions
Dubai: As the holiday season draws to a close, the Dubai International Airport (DXB) is likely to experience heavy traffic. According to airport officials, 3.3 million passengers will pass through Dubai International Airport in the next 13 days.
“The average daily traffic will reach 258,000 visitors. August 26 and 27 is expected to be the busiest time with over half a million guests arriving.” said in a statement issued on Wednesday. Passengers should follow special instructions to ensure a hassle-free journey.
Upon arrival at Terminals 1, 2 and 3, passengers between the ages of 4 and 12 can use the special passport control counters to stamp their passports independently. For those traveling with families, passengers above the age of 12 can use the smart gates to speed up the passport control process. At the smart gates, registered passengers can clear passport control by looking for a green light without the need to scan a document, according to Dubai Airports’ website.
Those arriving to pick up guests from the airport should use designated car parks or valet services. Access to the arrival forecourts at Terminals 1 and 3 is restricted to public transport and other authorized airport vehicles, officials said.
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Railways to directly operate auto-rickshaw service in Kannur railway station
