Everything You Need To Know Before Buying Jewelry In Dubai
Everything You Need To Know Before Buying Jewelry In Dubai
The story of Dubai is inspiring in many ways. It is commendable to see Dubai emerge as this hot destination for travel and splurge. For the past few decades, we have seen Dubai emerge as a beautiful modern city full of luxury and ambition. The dazzling place has a lot to offer — be it art & design, amusing entertainment, scenic skylines, or mega malls for shopping.
Many believe in retail therapy, and Dubai is the perfect place to avail of this therapy. It ranges from food to electronics, luxury fashion to dry fruits, and much more. Everything about this place has a story to tell. There is so much to explore and witness in this gorgeous city.
Every year, Dubai hosts millions of tourists for many reasons — no one can resist shopping in the mega malls and the Arab souks of Dubai. People often indulge themselves in luxury shopping when in Dubai. But the cynosure remains on the gold jewelry. Jewelry in Dubai is popular for various reasons, which we will explore in this article. So, let’s move forward now!
Why Should You Buy Jewelry From Dubai?
For a few decades, Dubai has been popularly known as the City of Gold. People from all around the world travel to the hi-tech city and buy gold jewelry here. In Dubai, you will find extravagant souks, phenomenal malls, and enormous showrooms dedicated to gold jewelry.
There are various reasons why Dubai is home to the most remarkable jewelers in the world, and people trust Dubai jewelry shops.
1. The Purity Of Gold
You do not have to worry about the authenticity of jewelry in Dubai. All jewelry stores follow the mandate from the government to provide a certificate of authenticity to their customers. Every gold item you buy here has a gold purity hallmark, a certification that mentions the purity of the gold in terms of karats and the weight of actual gold in jewelry. It also specifies the weight of stones in the jewelry and makes charges. Using this certificate, your jewelry can be valued anywhere in the world.
2. A Plethora Of Choices
From traditional souks to humongous jewelry stores, you have various choices for jewelry shopping in Dubai. Gold is regulated by the government, regardless of where you buy from. The Gold Souk in Dubai is popular for a myriad of gold stores, while brands like Damas, Cara, Joy Alukkas, and many more also offer competitive pricing for gold jewelry. Every store and showroom has a wide range of uniquely crafted designs in gold jewelry.
3. Exemption From Taxes
Dubai has a comparatively open and tax-free business model, which is the primary reason why people tend to flock to the city. It was only in 2018 that the government decided to levy a 5% of Value Added Tax on purchasing gold. This is still way less than many other countries, making jewelry in Dubai much cheaper.
4. Uniformity Across The World
The price of gold is entirely dependent on the stock market. The international gold price fluctuates if the market changes in any way. The pricing is standard across the entire city, which makes shopping a seamless experience. You can always take advantage of falling prices when the market is down by buying some gold.
5. Provision To Bargain
Dubai Gold Souk has plenty of jewelry stores with quality jewelry and premium designs. The biggest plus of shopping from the Arab Souk is bargaining. You can bargain on the making charges of the gold jewelry, which range from AED 10 to AED 500 per gram. Making charges vary from store to store and jewelry too. If you’ve got some bargaining skills to flaunt, you can get a significant discount on your chosen item.
Dubai Jewelry Shopping Checklist
While jewelry shopping might seem like gold and glittery fun, it can take up a lot of time and patience. You cannot be careless while shopping for jewelry because it is never inexpensive. Dubai is just the right place to do jewelry shopping for the reasons mentioned above. Here is a checklist you must remember while shopping for jewelry in Dubai.
1. Leverage exchange policies
Many retailers and vendors at the Gold Souk take the old gold in exchange for new jewelry. However, you will be asked to present the certification and answer a few questions about the old gold. But this is a good way to add newness to your collection without going hard on your pocket.
2. Prefer cash payment
It is considered best to make payments in cash at the souk because they charge you a convenience fee of 1-2% while paying from a card. However, you can always carry cash or show off your bargaining skills to save a few extra bucks.
3. Always check for a warranty
It is wise to check for a warranty with the seller because your jewelry can wear & tear from excessive usage. Many sellers provide you with a free repair service for a year or two from the date of purchase.
4. Check for hallmarks
Though there are minimal chances of cheating with jewelry in Dubai, you should still check for hallmark markings on all the jewelry bought. The hallmark ensures the purity of gold in your jewelry.
5. Check the limit of purchase
If you are a tourist and will be taking jewelry back to your country, check the amount you can take back. Every nation has different rules, so before making a huge purchase, check with your country's customs department. It will give you a proper outline of how much gold you can carry back to your nation. Also, traveling with a huge amount of gold is very risky. Make sure to keep yourself from being an easy target for theft and crime for carrying so much gold on you.
6. Choose the right time
The best time to shop for gold jewelry in Dubai is during the sale. There are two major sales every year — the Dubai Shopping Festival (December and January) and the Dubai Summer Surprises (June to August). You can choose from any of the sales because there are fantastic offers and discounts on gold jewelry.
Where To Buy Authentic jewelry in Dubai?
As mentioned previously, Gold Souk is a popular destination in Dubai for buying gold and other jewelry. There are many stores with a magnificent collection of the latest jewelry designs. One such reputable store is Lifestyle Fine Jewelry, with 25+ stores spread throughout the UAE.
Lifestyle Fine Jewelry specializes in certified diamonds, pearls, precious & semi-precious stones, 18k gold, and customized handcrafted jewelry. Each masterpiece is meticulously crafted with the epitome of stylish elegance and infused with emotion, flashing brilliantly from the wearer, bringing innovative concepts and the latest trends to jewelry and timepieces.
How To Get The Best Jewelry Deal?
Undoubtedly, Dubai is the best place to shop for your gold jewelry. This implies that jewelry in Dubai is a class apart. Be assured that you will always find the best deals here for your gold jewelry. But it is always good to save some extra bucks by using some simple tips and tricks. Let’s explore how to get your hands on the best deals.
1. Track their online prices
Almost every store has an online page where you can track the prices of your favorite item. If you are unable to visit Dubai and buy in person, you can simply order your favorite piece of jewelry online when you find the price to be the lowest.
2. Shop during sales
There are two major sales and many mini-sales every year in Dubai. You can schedule a visit to Dubai during the major sale periods and shop for your favorite pieces at hefty discounts.
3. Polish your bargaining skills
If you are planning to buy from the Gold Souk, it is best to work on your bargaining skills. We’re saying it again — you can get a good discount on making charges if you bargain sensibly with the retailers.
How To Order Jewelry Online From Dubai?
The biggest perk of online shopping is the comfort of buying anything and everything from the comfort of your home. You can compare and track the prices of your favorite products online and buy accordingly. It saves you a lot of time and effort.
Almost all of the reputable brands, like Lifestyle Fine Jewelry, and Damas in Dubai, have online stores that deliver worldwide. Before making an online purchase of jewelry, you have to check the authenticity of the store by checking a few things, like
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Customer service
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Store location in Dubai
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Reviews on the website
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The interface of the website
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Return policy of the products
The experience of online shopping is generally very seamless, from ordering to delivery of your product. Many online stores are readily available to take customizations on your products too.
What Are The Latest Jewelry Trends In Dubai?
The charm of gems and jewels can never fade away. It can be minimalist or maximalist, depending on the year's trend, but it is always there. Trends in fashion and jewelry change every year, even every season. You will always find Dubai updated with the trend, especially in the jewelry domain. Dubai jewelry shops and stores will be filled with the latest jewelry designs and patterns as soon as they are launched in the market.
Currently, the world is obsessing over rose-gold jewelry, which has a tinge of pink and looks elegant. It has a certain romantic vibe, and women mostly choose it because of its feminine look.
We can see many celebrities rocking vintage-inspired pieces for big shows and red carpets. These magnificent pieces look very classy and timeless. Another trendy piece of the year is the layered necklace. It allows a lot of margin in experimenting with mix and match of lengths and yet exudes a lot of uniqueness.
We have listed some pieces that are trending currently-
1. Coronet Diamond Twin Ring
Diamonds represent love and commitment, making them an ideal gift for that special someone in your life. Twin diamond rings are the ideal way to express your love and dedication to one another. These stunning diamond rings for couples collection include two stunning, handcrafted diamond rings that are sure to win the hearts of both spouses.
These stunning classic diamond solitaire earrings are the ideal present for her. These elegant and timeless earrings are ideal for regular use or as a special occasion gift. The round-cut diamond earrings are placed in a four-prong setting made of 18k white gold. These 1-carat solitaire diamond earrings are also available in several carat sizes and metal colours of white, yellow, and rose gold.
A diamond tennis bracelet is a type of jewelry that adds a touch of class and elegance to any outfit. It is made with round cut diamonds set in a four prong setting.
Classic, unique, and charming bangles in broader diamond bangles design.
Conclusion
Jewelry is never just a piece of ornament for us; it has a lot of emotional significance attached to it. Sometimes, it is an heirloom, and sometimes we buy a piece to pass it down to the generations as we grow old. Buying a piece of jewelry is never a simple task, as it involves a lot of effort and time. Every piece of jewelry we adorn ourselves with tells a lot about our personality and style. And Dubai is a place where you can find a lot of panache and style in jewelry.