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Time of India
07-07-2025
- Business
- Time of India
Buying gold in Dubai: The pros and cons; and things you need to keep in mind
The ultimate gold buying playbook for Dubai shoppers/Representative Image TL;DR: Dubai remains the world's favourite gold shopping destination thanks to its tax benefits, price transparency, and strict quality standards. However, taking gold home legally isn't as easy as it seems, given strict customs rules and declaration requirements in most countries. Buying Gold in Dubai : The Pros, The Cons, and The Cautions Dubai, dubbed the 'City of Gold', has always drawn global buyers with its glittering souks, competitive prices, and strict quality control. But with international gold rates surging and regulatory oversight tightening, shoppers need to weigh convenience against compliance. Recent figures show that Q1 2025 saw a drop of 7.9 tonnes in gold jewellery demand in the UAE, nearly 18% plunge pointing to price sensitivity even among UAE residents. While 24K gold was fetching Dh402.25 per gram (roughly ₹9,397), 22K stood at Dh372.25 (around ₹8,700), at current exchange rates (Dh1 ≈ ₹23.39) Turning Dubai's Gold Perks into Smart Buys If you time your visit during big shopping events like Dubai Shopping Festival, Eid, or Diwali, you'll find jewellers bundling free making charges, small discounts, and gift vouchers to boost footfall. One seasoned buyer shared how they 'managed to waive Dh50 making fee per gram on selected bridal sets,' which when converted gives about ₹1,170 off each gram. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Instead of bouncing between dozens of shops, experienced shoppers suggest milling through a few key districts like Deira's Gold Souk versus glittering mall stores to compare not just prices, but also hallmarking quality, customer service, and after-sale support. Negotiations on making charges are a given. For ornate designs, charges can climb up to Dh100–Dh150 (≈₹2,339–₹3,509). If a shop declines to adjust, some buyers walk away to test the retailer's flex. Always ask for certification, these days it's hallmarked 22K or 24K, accompanied by weight-proof guarantees to prevent disputes even at re-sell time. Apps and loyalty schemes from big jewellers can deliver a few percent back, or occasional free services like cleaning or valuation. Why Taking Dubai Gold Home Isn't Simple Where buying is straightforward, exporting isn't. Home countries enforce vague limits that can surprise frequent travellers. For instance, in India, women may bring in just 20 g and men 40 g of gold jewellery duty-free, only if they've stayed abroad for over 12 months. Even staying two weeks triggers full duties above those amounts. Green-light clearance demands more than just packing jewellery. Airport customs expect duly stamped invoices and certificates, a properly filled declaration form, and sometimes proof of how long you've stayed abroad. Skip these, and a gold bar that cost Dh20,000 (₹467,800) could vanish into a seizure plus a hefty fine. Insuring valuable gold during transit comes at a cost too, and reimbursements are not guaranteed without full paperwork. Meanwhile, claiming a 5% VAT refund means navigating the Planet VAT desk before flight check-in—miss that, and Dh1,000 in lost refund becomes inevitable. Dubai's Value vs. the Red Tape Despite these hassles, Dubai still offers low markup advantages that can outweigh the hassle especially for smaller, carefully documented purchases. But over the holiday season, India and other South Asian countries may tighten limits; what works in January can be legally dicey by December. Some buyers now shift from jewellery to certified gold bars or coins. Easier to handle, declare, insure, and resell, bars carry lower craftsmanship cost and cleaner resale paths. FAQs: Q. Is buying gold in Dubai worth it? Yes, if purchases are modest and well-documented. Zero import duty and competitive margins still beat Indian rates at current Dh1 ≈ ₹23.39, but larger purchases trigger customs duties that quickly close the price gap. Q. Why is gold cheaper in Dubai? Because there are no import duties, only a 5% VAT which is refundable for tourists, and a highly competitive retail market that keeps margins low. Q. Can I carry gold jewellery purchased in Dubai to India without paying duty? Only within the allowance limits (20g for men, 40g for women, under specified value caps) and if returning after at least one year abroad. Otherwise, customs duty applies. Q. Can I carry gold without declaring? No. Even personal-use jewellery must be declared above free allowances, or risk fines, seizure, or criminal charges, depending on home-country rules. Q. How can I save on VAT at Dubai's airport? Keep invoices intact, get them stamped at the Planet VAT desk before airline check‑in, and submit them at the designated counter. Arrive early as these services close before gates. Q. Why prefer gold bars over jewellery? Bars simplify travel and insurance. With no making charges and straightforward valuation, bars bought in Dubai convert more predictably back to cash or trade.
Khaleej Times
07-07-2025
- Business
- Khaleej Times
Dubai gold shopping guide: 15 tips for buying jewellery, diamonds, and gems
Dubai has long earned its reputation as a global hub for gold jewellery. Known as the "City of Gold," it attracts not only residents but also tourists from around the world who come to purchase exquisite ornaments for weddings, as gifts, or for their collections. Despite high global gold prices, jewellers in Dubai say that shoppers can still make smart, cost-effective purchases by following a few strategic tips. These guidelines not only help buyers save money but also ensure they invest in certified diamonds and genuine gold pieces. Recommended For You According to recent data, gold jewellery demand in the UAE declined by 7.9 tonnes in the first quarter of 2025 — an 18 per cent year-on-year drop —largely driven by record-high gold prices amid ongoing geopolitical tensions and trade war concerns. Stay up to date with the latest news. Follow KT on WhatsApp Channels. As of Sunday, 24K gold was trading at Dh402.25 per gram, while 22K gold stood at Dh372.25 per gram. To help consumers navigate this high-price environment, Dubai jewellers have shared 15 practical tips that could lead to significant savings: Time your purchase – Shop during major sale events like Dubai Shopping Festival, Dubai Summer Surprises, Eid, or Valentine's Day Compare prices across stores – Visit multiple jewellers to compare prices, craftsmanship, and collections. Request a price breakdown – Always ask for the gold rate, making charges, and VAT to be quoted separately. Check daily gold rates – Gold prices fluctuate; ensure you know the rate on the day of purchase. Negotiate making charges – Making charges can vary widely between retailers, so don't hesitate to negotiate. Look for loyalty programmes – Some jewellers offer points or rewards for repeat customers. Explore discounts and cashback offers – Malls and banks often partner with stores to offer exclusive deals. Use credit card offers – Many credit cards offer instant discounts or 0% instalment plans. Check certifications and policies – Ensure all jewellery comes with proper certification and clear return policies. Verify diamond certification – Diamonds should come with IGI or GIA certificates. Ask about after-sales services – Look for buyback guarantees, exchange options, and lifetime service warranties. Inquire about VAT refunds – Tourists may be eligible for VAT refunds on purchases. Discounts on making charges – Many stores offer promotions on the making charge portion of the price. Look for diamond discounts – Some stores offer flat percentage discounts on diamond jewellery. Take advantage of bundle offers – Consider sets or combos that come with free gifts. By following these tips, shoppers can make informed decisions, get the best value, and enjoy a seamless jewellery-buying experience in Dubai.
Time Out Dubai
19-05-2025
- Entertainment
- Time Out Dubai
When will Global Village reopen?
Packed with loads of amazing things to see, do and eat, Global Village is something of a Dubai institution. Yes, the budget-friendly family-fun destination may have only just closed ahead of summer, but that's just meant that we're even more excited for next season. No formal announcement on the opening date has been made yet but, looking at recent years, we should expect the park to open up again around about October. And with next season being the 30th at Global Village, we can expect it to be bigger and bolder than ever before. Global Village celebrates the rich cultural melting pot of Dubai with pavilions dedicated to the populations that make the emirate such a special place to live. In season 29, there were 30 pavilions representing 90 different cultures. With a landmark anniversary coming up, we can expect new additions. Credit: Global Village The final day of season 29 at Global Village came on Sunday May 18. The popular destination had extended its initial closing date plans by a further week. Fireworks displays were held on the final three nights of season 29 to celebrate the occasion. 30 years of Global Village The welcome sign changed for season 4 at Oud Metha (Credit: Global Village) In addition to the pavilions, there are lots of fun rides and carnival attractions in addition to shows and concerts by big international artists all throughout the season. Global Village will also celebrate 20 years since it moved to the 17.2 million square foot area at Dubailand in 2005. You may like: 8 rare photos that show Global Village's incredible transformation The multi-cultural family day out had moved around the emirate multiple times with it previously being based at Oud Metha, Dubai Festival City and Dubai Creek. It started life with rather humble beginnings in a car park across the road from the Dubai Municipality building in Dubai Creek. Initially a pop-up as part of the long-running Dubai Shopping Festival, Global Village has grown into an attraction loved by residents and tourists alike. Looking for more things to do in Dubai? 10 of Dubai's best restaurants for special occasion dinners Because you deserve it 50 free things to do in Dubai Feeling the pinch? Top Sunday brunches to try in Dubai Your guide to fabulous feasts that round off your weekend
What's On
19-05-2025
- Entertainment
- What's On
When is Global Village Dubai reopening for its new season?
Yep, we are already looking forward to the new season… We just said farewell to Global Village Dubai, one of Dubai's most popular outdoor family-friendly last night on May 18, 2025. Which means the question on everyone's mind is… When is Globby V going to reopen? Yeah, we know, we know… It literally just closed, but there's no harm in having something to look forward to. So, after just a little search on the official Global Village Dubai website, we found out that the outdoor attraction will return from October 2025 to May 2026. We don't know the official dates, but they will be announced closer to the time. What we do know… is that the next season is going to be a big one, because… Global Village Dubai is celebrating it's 30th anniversary That's right, for those of us who have been in Dubai for decades, it will be a wonderful surprise to know that this popular attraction is turning 30. Which means we can expect something really big for the new season. This popular Dubai attraction is moving and getting a huge glow up We don't have all these details yet, but we are sure it will be announced closer to the opening. And of course, we will be keeping a close eye on the news. Global Village Dubai has already opened its registrations for vendors to sign up for the new season. So, if you're a homegrown vendor or entrepreneur who just wants to show off their creation to the world, go and sign up. A little bit of history… 3 of 12 People enjoy a ride at the Global Village in Dubai during at Global Village/Dubai Shopping Festival in March 2000 Entrance to Global Village in 2001 Saudi artists perform during rehearsals for a concert inside the exhibition area dedicated to Saudi Arabia at the Global Village in 2006. During this time, Global Village was a part of Dubai Shopping Festival An Emirati family shops at the Global Village in the Gulf Emirate of Dubai in 2006 Dancers from a Russian troupe perform in floating bubbles at Global Village in 2007. Here are some of the oldest photos we found of Global Village Dubai Global Village Dubai wasn't always as big as it is now. In fact, would you believe the very first Global Village took place at Creekside in 1996. According to Emirates News Agency (WAM) there were just a few kiosks opposite the Dubai Municipality. Then in 1997, Global Village 'expanded' and hosted 18 country pavilions, which in 2005 tripled to 46 countries. For a number of years, Global Village was also held in Oud Metha near Wafi City. However, as the location wasn't able to meet the demands of exhibitors and visitors, it moved to Dubai Festival City for three years. As it grew (and grew…) Global Village then decided to move to its permanent home at Dubailand. And the rest… is history. What a story! And we can't wait to see what Global Village Dubai does for its 30th season. Stay tuned. Another cool fact? Global Village Dubai never used to be open for as long as it is now. In fact, it used to open alongside the Dubai Shopping Festival (DSF). But of course, as Global Village's popularity soared, they decided to become a separate event from DSF and also extended the outdoor attraction over the cooler winter period. Wow! @globalvillageuae Images: Getty Images and supplied > Sign up for FREE to get exclusive updates that you are interested in
Time Out Dubai
12-05-2025
- Entertainment
- Time Out Dubai
8 rare photos that show Global Village's incredible transformation over the years
Global Village is a bona fide Dubai institution with a (seemingly) endless number of things to eat, see and do. Now in season 29, the ultimate family day out in Dubai has grown every year to provide experiences from across the world. As the park is due to close soon for summer, we're looking back at how the park has grown to the giant 17.2 million sq ft destination we all know and love today. The current version of Global Village is based at Dubailand but if you're new to Dubai then you may well not know that Global Village has called a few different neighbourhoods home over the years. The history of Global Village Global Village at Dubai Creek The stalls at Global Village season two in the 1990s (Credit: Global Village) The first season of Global Village in 1996 was actually held in a car park in Dubai Creek across the road from the Dubai Municipality building. It started life as an add-on pop-up to encourage more inbound tourism during the emirate's long-running Dubai Shopping Festival. The first season welcomed 500,000 guests during the festival in a 50,000 square metre space with a small number of kiosks representing 10 countries. In the next year, a further eight country pavilions were added for the second season. By 2001, the spin-off from the Dubai Shopping Festival had grown significantly and needed to find a bigger space. And that's when it moved to Oud Metha near Wafi City. Global Village at Oud Metha The entrance at Global Village for season three at Oud Metha (Credit: Global Village) This earlier version of the park had a cute welcome sign celebrating various countries around the world and included cartoony illustrations of famous global landmarks such as the Taj Mahal and the Pyramids of Giza. The welcome sign changed for season 4 at Oud Metha (Credit: Global Village) How Global Village looked in season four at Oud Metha (Credit: Global Village) By season four, the welcome sign was updated to include more landmarks from around the world including St Basil's Cathedral in Moscow, Eiffel Tower in Paris and the Sydney Opera House. It expanded but not by much in terms of space with it covering a 82,000 sq metre space while placed at Oud Metha. In 2001, 1.2 million guests visited the park where they tried out food and bought items from stalls representing 20 different cultures. Seasons were shorter at this time and still tied to the Dubai Shopping Festival which lasted for around a month. But its popularity was unquestionable with this bigger space unable to cope with the demand from visitors. In 2004, Global Village was on the move once again with a new, bigger site at Dubai Festival City. Global Village at Dubai Festival City It moved to a bigger space at Dubai Festival City for season six (Credit: Global Village) The space grew once again in size to have pavilions representing 31 different cultures over a 147,000 sq metre location. The bigger space meant it was able to welcome more visitors than ever before with 3.1 million people passing through the welcome gates back in 2004. But by the end of 2004, Global Village had become too big to move around so frequently and moved into its current location at Dubailand that we're all more than familiar with today. Global Village in season seven at Dubai Festival City (Credit: Global Village) The site being used at Dubai Festival City was being converted into a major residential, commercial and tourism development so Global Village had to move. At the time, Global Village was considered the star attraction of the Dubai Shopping Festival and it's clear to see why with its popularity being called out as a reason for the strain on Dubai's road infrastructure regardless of where it was held. Having moved so often and become so popular, it was described by Salem bin Dasmal, the Chief Executive Officer of Dubailand in 2004, as a 'bedouin' (an Arab nomad of the desert). Global Village at Dubailand The entrance to Global Village at Dubai Land in season 8 (Credit: Global Village) Global Village in the modern day (Credit: Global Village) In 2005, Global Village found the permanent home which we still know and love today at Dubailand. The 17.2 million square ft area provided a whole new era for Global Village. The more expansive space meant that there was now room to introduce the iconic funfair attractions that have become just as much a staple of the park as its many foodie stalls. With previous iterations of Global Village being a strain on Dubai traffic, a car park with spots for 15,000 vehicles was an essential addition for 2005. For its first year at Dubailand, there were 46 pavilions representing countries from around the world including a few specific ones that we no longer see at the park such as the UK, Australia and Nigeria. In season 29, we now have 30 pavilions representing 90 different cultures, a new restaurant plaza and no shortage of stalls and rides. Looking for things to do in Dubai? 112 best things to do in Dubai in 2025 Everything to tick off your Dubai bucket list 50 free things to do in Dubai Feeling the pinch? Enter free things to do Here's how to eat at expensive Dubai restaurants for less Early bird dinners, lunch specials and more
