How to Sell Gold in Dubai: Price, Documents and Where to Sell

To sell gold in Dubai, you take the gold and an ID to a buyer's counter. The buyer tests and weighs it, names a price, and pays you on the spot if you accept. What you get depends on three things: the weight, the purity and how far below the day's gold rate the buyer sets its offer. We read the published terms of eight Dubai gold buyers on 13 November 2026 and checked them again on 14 November. This guide is what they say, with the number of buyers behind each point.

7 of 8

pay cash as soon as you accept the price

6 of 8

ask for an Emirates ID or a passport

3 of 8

test the gold in front of you

15-40 min

from arrival to payment, where a buyer gives a time

How to sell gold in Dubai, step by step

All eight buyers describe the same sequence: the gold comes to the shop or office, it is checked, a price is named, you decide, and payment follows.⁶¹³ The details differ.

1. Walk in or book a time. Two buyers say no appointment is needed.¹⁰¹² Others give a number to arrange a visit. Three come to your home or office, one of them only for large quantities.⁷⁹¹⁰
2. The gold is cleaned and tested. Three buyers name XRF, a machine test of the metal content, as their method. Three say the test is done in front of you.⁶⁷⁹¹⁰ Two clean the pieces first, and one removes the stones before weighing.¹¹
3. The buyer names a price. It comes from the weight, the purity and the market rate of the day. Three buyers say the valuation is free and three say you are free to decline it.⁷¹²
4. You show your ID and accept. Six of the eight ask for an Emirates ID or a passport, and the details are recorded.¹²
5. You are paid. Seven buyers pay right after you accept, in cash. Four also pay by bank transfer and one by cheque.⁹

Gold selling rate: how buyers price your gold

Every day the Dubai Jewellery Group (DJG), the trade body of Dubai's jewellery industry, publishes a suggested retail price per gram for 24K, 22K, 21K, 18K and 14K gold. It is based on the international gold price converted into dirhams, and the whole retail trade follows it.¹⁵ It is the price of the gold in new jewellery, before the making charge.

Buyers start from the same market. Seven of the eight say their price follows the live or daily gold rate, and six name the weight and the purity of the piece as the other two factors.¹¹¹³ Here is today's DJG rate by weight, as a reference point:

Karat	1 g, AED	10 g, AED	50 g, AED
24K 999	468.00	4,680.00	23,400.00
22K 916	433.50	4,335.00	21,675.00
21K 875	415.50	4,155.00	20,775.00
18K 750	356.25	3,562.50	17,812.50

Is there an official gold buying rate?

No. DJG's rate page shows one figure per karat, the suggested retail price, and no rate for gold bought back from the public.¹ The "gold selling rate" you get is the buyer's own. One buyer explains that the market has a daily selling rate and a separate, lower buying rate.⁹ So ask each buyer one question: how many dirhams per gram it pays for your karat today.

Why the offer is lower than the rate

• The buyer's margin. Two buyers say so openly: one works on "very small margins", another deducts "a small handling margin" from the spot price.⁹¹²
• The making charge is not paid back. A used piece is bought as metal, so the craftsmanship you paid for is not part of the offer.² Our guide to making charges on gold jewellery explains what that charge covers.
• Stones are not gold. Where stones are removed before weighing, only the gold counts.¹¹

…the jeweler will value it according to its material value.

Dubai Jewellery Group, jewellery guide

Work out your own number first

1. Find the karat in the hallmark. The fineness marks are 916 for 22K, 875 for 21K and 750 for 18K; 24K is pure gold.² All jewellery sold in the UAE carries a mandatory quality mark of the Ministry of Industry and Advanced Technology, DJG says.⁴ Our guide to 916 and other gold hallmarks shows how to read the stamps.
2. Note the weight of each piece in grams.
3. Multiply the weight by today's rate for your karat, for example today's 22K rate per gram, or enter both in the gold value calculator.
4. Ask each buyer for its price per gram for your karat, and compare that with the rate.

Documents to bring

Document	Buyers who ask	What they say
Emirates ID or passport	6 of 8	One buyer also accepts a work permit or labour card.6
Purchase invoice or receipt	3 of 8	A copy of the original invoice or purchase slip.69
Authenticity certificate	1 of 8	Only if you have one; the buyer helps when there are no receipts.8
Guardian and both IDs, under 18	1 of 8	A seller under 18 comes with a guardian.9

Selling gold without a bill

A missing invoice does not rule out a sale. Only three of the eight buyers list the purchase invoice, and one says it helps when there are no receipts.⁶⁸ Without a bill, the hallmark and the buyer's test decide the purity, so call ahead and ask.

Before you go

• The original Emirates ID or passport.
• Purchase invoices, if you still have them.
• The karat and the weight of each piece, written down.
• Today's rate for your karat.
• A request for a written note of the weight, the purity and the price per gram. DJG asks shops for full invoice transparency with the jeweller's stamp, and one buyer says it prints a receipt for the seller.³¹⁰

What gold buyers accept

Item	Buyers who take it
Gold bars and coins	8 of 8
Silver	7 of 8
Gold jewellery, including old or broken pieces	6 of 8
Platinum	4 of 8
Diamonds or diamond jewellery	3 of 8

Old rings, chains and necklaces are bought by weight and purity, whatever their design: the resale value is the material value.² Three buyers say they take gold from any brand or country, and one states a minimum of 1 gram.⁶¹⁰

Selling gold coins and bars

Every buyer we read takes bars and coins, and two list only bullion among what they buy. One of them accepts bullion from any recognised refinery, subject to verification.¹²¹³ Bring the certificate or card the bar came in, if you have it.

Payment and how long it takes

Cash is the norm: seven buyers name it. Bank transfer is offered by four, and one of them says transfers usually clear on the same business day.⁷¹² One buyer also pays by cheque. Three buyers give a time:

About 20 minutes

to test the items, at one buyer.⁶

15 to 30 minutes

from walking in to receiving cash, at another.¹⁰

About 40 minutes

30 minutes to approve the gold and 10 more to release the payment, at a third.⁹

Where to sell gold in Dubai

• Gold buyers. Businesses that buy gold from the public. Our list of gold buyers in the UAE shows their addresses and phone numbers.
• The jeweller that sold you the piece. Exchange and buy-back terms differ between retailers, DJG says, so ask the shop that sold it before you go elsewhere.²
• The Gold Souk in Deira. Many shops in one place, and DJG says the souk has a gold purity self-check kiosk.⁴ See the gold shops in the Deira souk.
• Bullion dealers, for bars and coins. The two we read price a buyback from the live market rate and the verified weight and purity.¹²¹³

To find the closest stores, open the map of gold shops near you.

Selling gold in Sharjah and other emirates

DJG announces one unified retail gold price for the whole UAE market every day, so the reference rate is the same in Sharjah, Abu Dhabi or Ajman as in Dubai.¹⁴ The steps above apply too. Two of the eight buyers say they serve customers outside Dubai.¹⁰¹² Shops near you are listed under gold shops in Sharjah.

If something goes wrong

Keep the written note of the weight, the purity and the price. For a complaint about a jewellery shop in Dubai, DJG gives the Dubai consumer protection number: 600545555.³