Gold and Diamond Park Dubai: 2026 visitor’s guide

Updated October 2026. Location, transport and facilities checked against Emaar’s Gold and Diamond Park page; VAT refund rules checked against the UAE Federal Tax Authority.

Gold and Diamond Park in Dubai is a covered jewellery mall on Sheikh Zayed Road where you can shop for gold, diamonds and custom pieces in air-conditioned comfort. It is a quieter alternative to the Deira Gold Souk, and it is easy to reach by Metro. This guide covers where it is, how to get there, what you can buy and how to shop with confidence in 2026.

What is Gold and Diamond Park?

Gold and Diamond Park is an Emaar-owned retail complex that opened in 2011. Emaar lists more than 90 gold and diamond jewellery shops, ranging from international brands to local jewellers who can make pieces to order. The complex also has cafes and restaurants, and some workshops where artisans turn raw metal into finished jewellery.

Unlike the Gold Souk in old Dubai, everything is indoors. That makes it a comfortable place to browse in summer, and many residents prefer it for larger purchases such as engagement rings or wedding sets.

Where is Gold and Diamond Park and how do I get there?

The park sits on Sheikh Zayed Road in Al Quoz, near the Umm Suqeim Road junction and between Mall of the Emirates and Downtown Dubai.

• Metro: Equiti Metro Station on the Red Line is next to the complex.
• Bus: RTA bus routes stop nearby. Use the S’hail app for live routes and times.
• Car: Free parking is available on site, according to Emaar.
• Taxi: Any taxi or ride-hailing app will know it as Gold and Diamond Park.

What are the opening hours?

The park is open every day, generally from late morning until the evening. Individual shops set their own hours, and timings change during Ramadan and public holidays, so check the official Emaar listing or call the store before a special trip.

What can you buy at Gold and Diamond Park?

Gold jewellery

You will find 18, 21, 22 and 24 karat gold in chains, bangles, rings and traditional sets. Prices follow the daily gold rate, plus a making charge that varies by design and shop.

Diamonds and gemstones

Several stores specialise in certified diamonds, bridal rings and coloured stones. Ask for the grading certificate for any significant diamond.

Custom pieces

Many jewellers can design a piece from scratch, resize a ring or remodel old jewellery. Agree the design, weight, karat and delivery date in writing before paying a deposit.

How do gold prices work in Dubai?

The price of gold jewellery has two parts:

1. The gold value. Retailers use a common rate per gram for each karat, which moves with the international gold price and is updated during the day. At any given time it should be the same in every reputable shop.
2. The making charge. This covers design and labour. It is where the real difference between shops lies, and it is usually where you can negotiate.

VAT at 5% is charged on jewellery in the UAE. Ask the shop to show the gold weight, karat, rate and making charge separately on your invoice so you can compare quotes.

Can tourists get a VAT refund on jewellery?

Yes, if they qualify. Under the UAE Tax Refund for Tourists Scheme, run by the Federal Tax Authority with Planet as operator, visitors who are 18 or over, not UAE residents and who entered on a tourist visa can claim back VAT on eligible goods from registered retailers. The key rules are:

• Each tax-free transaction must be at least AED 250 before VAT.
• You must validate the purchase within 90 days of the invoice and leave the UAE within 6 hours of validating.
• A fee of 13% of the VAT plus AED 3.60 per transaction is deducted.
• Cash refunds are capped at AED 35,000; card refunds have no cap.

Ask the store for a tax-free invoice at the till, then validate it at a Planet kiosk or desk before you fly.

Tips for buying jewellery at Gold and Diamond Park

• Check the daily gold rate before you go so you know the base price.
• Look for the karat stamp and hallmark on every gold item.
• Compare making charges in two or three shops for the same weight and design.
• Get a proper tax invoice that lists weight, karat and price breakdown.
• Ask about the shop’s exchange and buy-back policy before you pay.
• For diamonds, ask for an independent grading certificate.

Gold and Diamond Park or Gold Souk?

The souk area has been relaunched as the Dubai Gold District, with plans for a new “Gold Street” announced in January 2026. If you have time, it is worth visiting both.

If you are thinking about a longer stay, you can also browse homes for rent in Dubai.

Frequently asked questions

Which Metro station is closest to Gold and Diamond Park?

Equiti Metro Station on the Red Line is right next to the complex.

Is parking free at Gold and Diamond Park?

Yes. Emaar lists free parking on site.

Is gold cheaper at Gold and Diamond Park than at the Gold Souk?

The gold value is based on the same market rate everywhere in Dubai. The difference is in the making charge, so compare quotes for the same weight and design.

Do I pay VAT on gold jewellery in Dubai?

Yes, 5% VAT applies to jewellery. Eligible tourists can claim a refund through the Tax Refund for Tourists Scheme if each transaction is at least AED 250 before VAT.

Can I get jewellery custom made at Gold and Diamond Park?

Yes. Many jewellers offer bespoke design, resizing and remodelling. Agree the details and delivery date in writing first.