Dubai is not only the largest city in the United Arab Emirates, it is also the world's largest gold trading center. If you are lucky enough to have a rest in this beautiful resort town, take the opportunity and bring back a gold piece of jewelry purchased at a bargain price.
Why is it worth buying gold in Dubai
Dubai imports gold from sixteen countries. He also exports this noble metal to Germany, the United States, the United Kingdom, India, South Korea and Japan. Taxes are minimal, and therefore the price of gold in this city is the lowest in the world (about 50% lower than in all European countries, 18% lower than in Hong Kong).
Low import duties made jewelry in Dubai the cheapest, and this has always attracted a large number of buyers. The main buyers are tourists. The locals are also very fond of gold jewelry, they buy a large amount of gold every year. According to Arab traditions, brides' dowry should be almost entirely made of gold.
Where and how to buy gold in Dubai
There are many places in Dubai where you can buy jewelry. You will find such a shop in almost every supermarket. But if you want to see the whole "world" of gold, you need to go to the center of Deira (Dubai area). There you will see a whole gold bazaar that appeared in ancient times.
The market has three entrances. There are always a lot of people on it. Here you will meet Arabs, Pakistanis, Hindus, European tourists, etc. There are many police patrols on duty at the bazaar, keeping order.
The windows of a huge number of shops are filled with decorations for every taste. You will find in them earrings, chains, necklaces, talismans, bracelets, pendants, figurines and whatever you want, up to a gold swimsuit.
If you want something really special, order it from any vendor. The product will be made according to your order as soon as possible. You yourself can choose the color of gold, even a greenish jewelry will be made to you at your request.
The most important rule of this gold bazaar is to bargain. This is not only beneficial, it is a true tradition. If you don't bargain on your purchase, you will be considered a fool.
Most often, the seller calls a very high price. You have to bargain, if he likes you, he will give you 50 or even 70%.
First find out the value of gold across the entire market. Ask the price and think about how much you are willing to pay for the desired piece of jewelry.
Bargain with the seller, if he refuses to yield, go elsewhere. Fortunately, the gold market in Dubai is almost endless. Communicate with sellers, set your own conditions, and you will be able to bring great jewelry from your trip.
