Dubai Gold District Debuts As Global Gold, Jewellery Hub

KUALA LUMPUR, Jan 29 (Bernama) -- Ithra Dubai has officially launched the Dubai Gold District, a purpose-built destination designed to significantly enhance Dubai’s position as the world’s leading hub for the gold and jewellery trade.

According to a statement, the launch signals a new phase in Dubai's development as a premier global centre for retail, commerce, and international trade.

The district is engineered as a unified destination, bringing the entire gold and jewellery value chain—spanning retail, bullion, wholesale trade, and investment—into a single location. This consolidation strengthens Dubai’s reputation as one of the world’s most trusted global destinations for gold.

The development reinforces the United Arab Emirates’ (UAE) continued standing as a leading global trading nation for gold and precious metals. The country was positioned as the world’s second-largest physical gold trading destination, having exported approximately US$53.41 billion worth of gold in 2024 to 2025, with major partners including Switzerland, the United Kingdom, India, Hong Kong and Turkiye.

Serving as Dubai’s new ‘Home of Gold’, the district unites the full spectrum of activity under one roof, hosting a wide array of established global and regional brands to offer exceptional variety and value to buyers, traders, and investors.

A key differentiator for the destination is its unmatched audience diversity, attracting one of the world’s widest mixes of buyers, traders, and consumers. In 2025 alone, the district welcomed shoppers representing more than 147 nationalities.

The expansive development encompasses over 1,000 retailers across gold, jewellery, perfumery, cosmetics, and lifestyle sectors. Notable jewellery flagships include Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan, and Tanishq Jewellery. Furthermore, Joyalukkas has announced plans for a 24,000 square-foot flagship, set to become its largest in the Middle East.

Among its landmark features will be the world’s first Gold Street, constructed using gold, designed as a distinctive attraction for visitors and tourists.

The district’s infrastructure is further bolstered by six supporting hotels, providing convenient access and accommodation for international trade partners, buyers and visitors.

-- BERNAMA