Official Dubai Jewellery Group rate · 14 Nov 2026
Dubai Gold Souk Guide
24 karat gold · 999 · per gram
AED468.00
+0.25 (+0.05%) vs previous day
- 10 grams
- AED 4,680.00
- 1 tola
- AED 5,458.66
- 1 ounce
- AED 14,556.44
22 karat gold · 916 · per gram
AED433.50
+0.25 (+0.06%) vs previous day
- 10 grams
- AED 4,335.00
- 1 tola
- AED 5,056.26
- 1 ounce
- AED 13,483.37
21 karat gold · 875 · per gram
AED415.50
+0.25 (+0.06%) vs previous day
- 10 grams
- AED 4,155.00
- 1 tola
- AED 4,846.31
- 1 ounce
- AED 12,923.50
18 karat gold · 750 · per gram
AED356.25
+0.25 (+0.07%) vs previous day
- 10 grams
- AED 3,562.50
- 1 tola
- AED 4,155.23
- 1 ounce
- AED 11,080.62
Read at 18:52 GST, 14 Nov 2026 from dubaicityofgold.com. Tola and ounce are our arithmetic. Shops add a making charge and 5% VAT on jewellery.
Official sourceDubai Jewellery Group suggested retail rate
Checked every 30 minutes07:00 to 23:00 Gulf Standard Time
One rate for all emiratesDubai, Abu Dhabi, Sharjah and the rest
Last 30 days · AED per gram
Gold rate trend
Dubai Jewellery Group rates. 23 Sep 2026 to 21 Oct 2026 as archived by Gulf News; from 22 Oct 2026 read by Emirae.Pro directly from dubaicityofgold.com.
Last reading of each day · AED per gram
Gold rate by day
| Date | 24K | 22K | 21K | 18K |
|---|---|---|---|---|
| Today | 468.00+0.25 | 433.50+0.25 | 415.50+0.25 | 356.25+0.25 |
| Yesterday | 467.75+2.50 | 433.25+2.50 | 415.25+2.25 | 356.00+2.00 |
| Thu, 12 Nov | 465.25-17.75 | 430.75-16.50 | 413.00-15.75 | 354.00-13.50 |
| Wed, 11 Nov | 483.00-2.00 | 447.25-2.00 | 428.75-2.00 | 367.50-1.75 |
| Tue, 10 Nov | 485.00-12.25 | 449.25-11.25 | 430.75-10.75 | 369.25-9.25 |
| Mon, 9 Nov | 497.25+6.75 | 460.50+6.25 | 441.50+6.00 | 378.50+5.25 |
| Sun, 8 Nov | 490.50 | 454.25 | 435.50 | 373.25 |
AED, at the rate read 18:52 GST, 14 Nov 2026
Gold price by weight today
| Weight | 24K 999 | 22K 916 | 21K 875 | 18K 750 |
|---|---|---|---|---|
| 1 gram | 468.00 | 433.50 | 415.50 | 356.25 |
| 2 grams | 936.00 | 867.00 | 831.00 | 712.50 |
| 4 grams | 1,872.00 | 1,734.00 | 1,662.00 | 1,425.00 |
| 5 grams | 2,340.00 | 2,167.50 | 2,077.50 | 1,781.25 |
| 8 grams, sovereign | 3,744.00 | 3,468.00 | 3,324.00 | 2,850.00 |
| 10 grams | 4,680.00 | 4,335.00 | 4,155.00 | 3,562.50 |
| 20 grams | 9,360.00 | 8,670.00 | 8,310.00 | 7,125.00 |
| 50 grams | 23,400.00 | 21,675.00 | 20,775.00 | 17,812.50 |
| 100 grams | 46,800.00 | 43,350.00 | 41,550.00 | 35,625.00 |
| 1 tola, 11.66 g | 5,458.66 | 5,056.26 | 4,846.31 | 4,155.23 |
| 1 ounce, 31.10 g | 14,556.44 | 13,483.37 | 12,923.50 | 11,080.62 |
Gold value only, before the shop's making charge and 5% VAT on jewellery.
Price calculator
What will this piece really cost?
Shops quote the gold rate, then add a making charge and VAT. Put in the weight and the shop's making charge to see the full price before you pay.
- Gold value
- Making charge
- 5% VAT
- Gold value
- AED 4,335.00
- Making charge
- AED 0.00
- VAT
- AED 216.75
- Estimated total
- AED 4,551.75
Uses the per-gram rate for 14 Nov 2026. An estimate only: the shop's own rate, making charge and any discount decide the final price. Gold of 99% purity or more in a form traded on bullion markets is zero-rated for VAT (Executive Regulation of the UAE VAT Law, Article 36), so switch VAT off for such bars and coins.
One rate for all emirates
Gold rate by emirate
The Dubai Jewellery Group announces one retail gold rate for the whole UAE, so the price per gram is the same in every emirate. What differs is where you buy: the markets, the shops and their making charges.
Emirae Gold directory
Gold shops in Gold Souk, Deira
| Store | Address | Opening hours | Phone | Store page |
|---|---|---|---|---|
| Thangals JewelleryJewellers · Bullion dealers · Diamonds | Gold Souk, Deira Royal Diamond Building, Opp Multi Level Parking, Deira Gold Souq, Dubai, UAE | 10am to 10.30pm, Sun to Sat | +971 4 547 7779 | |
| Arakkal Gold and DiamondsJewellers · Diamonds | Gold Souk, Deira Office 101, Maitha Plaza 2 - 2nd St - Corniche Deira Gold Souk Extension - Dubai | Saturday - Thursday: 10:00 AM - 10:30 PM. Friday: 10:00 AM - 12:30PM & 3:00PM - 10:30 PM | +971 4 323 1916 | |
| Tora BullionBullion dealers · Gold buyers | Gold Souk, Deira Shop No. 10, 9A St, Near Women's Museum, Gold Souq, Deira, Dubai | Sunday - Saturday: 10:00 AM - 9:00 PM | +971 54 289 1916 | |
| Damas JewelleryJewellers · Diamonds | Gold Souk, Deira G050, Gold Centre Building, Gold Souk, Deira, Dubai | Not stated | +971 4 226 4849 | |
| Pure Gold JewellersJewellers · Diamonds | Gold Souk, Deira Shop G17 and G18, Gold Centre Building, Gold Souk, Deira, Dubai | Not stated | 052 795 2884 | |
| La Marquise JewelleryJewellers · Diamonds | Gold Souk, Deira Ground Floor, The Gold Centre, Gold Souk, Deira, Dubai | Not stated | +971 4 226 4494 |
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On this page
The Gold Souk is Dubai’s traditional gold market in Deira, and it is free to walk in. This guide covers how to get there by metro and bus, the published timings, parking, and how to check a price before you pay.
Where the Gold Souk is
Visit Dubai, the city’s official tourism site, places the Gold Souk on the Deira side of Dubai Creek, in the old part of the city, and calls it one of the oldest traditional markets in the emirate. Its gold shopping guide describes it as the city’s most famous gold market, with hundreds of stores. The Spice Souk is a three-minute walk away and the Perfume Souk about five minutes. Deira Old Souq marine station is a five-minute walk, with water taxis across the creek to Al Fahidi.
People also search for the “old” and “new” gold souk and for Al Kabayel. None of the official pages we read (Visit Dubai, the Roads and Transport Authority, Dubai Jewellery Group) describes a separate new souk or that building, so we do not describe them here. For a different jewellery area, see the Gold and Diamond Park shops in our directory.
Gold Souk metro station: Gold Souq and Al Ras
Two Green Line stations serve the souk: Gold Souq (G22) and Al Ras (G23), as RTA names and numbers them in its metro timetable. Visit Dubai puts the souk about a five-minute walk from either.
- From the Red Line via BurJuman: Visit Dubai’s route is to change to the Green Line at BurJuman, ride towards e& and get off at Al Ras or Gold Souq.
- From the Red Line via Union: RTA lists Union as the other Red and Green Line interchange. From Union, ride the Green Line towards Creek; Gold Souq is two stops on, after Baniyas Square.
- Late visits: RTA publishes first and last train times for every station in the same timetable. Check them if you plan to stay until the shops close.
Gold Souq bus station
The Gold Souq bus station is one of the stations RTA lists on its Dubai bus stations page. RTA also publishes a plan of the station with its bays and route numbers, and the plan marks Gold Souq Metro Station and Al Khaleej Street around it. Routes change, so we do not copy the list here: open the station plan from that RTA page, or use RTA’s journey planner, for your exact trip. For arrival times, the plan says to SMS the letter D, a space and the bus stop ID to 5223.
Visit Dubai names two simple bus options for the souk itself: route T10 stops at its Dubai Gold Souk stop, about three minutes away on foot, and routes 5, C09 and C28 stop at Deira, Old Souq 1, about four minutes away.
Gold Souk timings and parking
Timings. Visit Dubai says most shops in the Gold Souk open from 10am to 10pm, although some individual stores may vary. It does not give separate hours for Fridays or public holidays, so if you are going for one particular shop, check that shop’s own hours first. The area is shaded, and Visit Dubai suggests sunset as a good time to visit.
Parking. None of the official pages we read gives parking details for the Gold Souk, so we do not quote a car park, a zone or a fee. Visit Dubai’s own directions are by metro, bus and water taxi. If you drive, use only marked public spaces, pay as the sign at the bay tells you, and allow extra time to find a space.
How prices work and what to bargain on
Every shop starts from the same gold rate: Dubai Jewellery Group announces one unified retail gold price for the UAE market each day, and that is the rate shown at the top of this page. Visit Dubai’s gold shopping guide explains the rest: jewellery is sold by weight, and each store adds a labour charge that depends on how intricate the design is. 5% VAT is added on jewellery.
So the figure to compare between shops is the making charge, not the rate. Visit Dubai notes that retailers will offer a bargain if you are fair with your price. For a 10 g 22K piece the gold alone is AED 4,335.00 today; ask each shop for its making charge on that weight, then compare totals in the gold price calculator. For what 22K and its 916 stamp mean, see the 22K gold rate page.
Checks before you pay, and the VAT refund
- Hallmark: Dubai Jewellery Group says every gold jewellery item must carry an official hallmark or tags issued under UAE standards. Look for the karat stamp, such as 916 for 22K or 750 for 18K.
- Weight: ask the shop to weigh the piece in front of you.
- Invoice and certificate: ask for an itemised invoice with weight, karat, rate, making charge and VAT. Visit Dubai adds that Dubai gold dealers are obliged to provide a digital authentication certificate on request.
- Buy inside a shop: Visit Dubai advises buying from stores within the souk, not from street vendors nearby.
- ID: under anti-money-laundering rules, DJG says you may be asked for your Emirates ID or a passport copy.
- Problems: DJG says complaints about misrepresentation, pricing or a missing hallmark can be registered with Dubai Consumer Protection (Department of Economy and Tourism) on 600545555.
Tourists can reclaim VAT on jewellery: the UAE government portal sets a minimum purchase of AED 250, age 18 or over, and validation at the exit within 90 days with the goods in your possession. Ask for the tax-free tag when you pay.
To choose a shop before you go, browse the 18 Gold Souk shops in our directory, the sellers of gold bars and coins or the gold shops near you.
Questions
Where is the Gold Souk in Dubai?
On the Deira side of Dubai Creek, in old Dubai. The nearest metro stations are Gold Souq and Al Ras on the Green Line, both about a five-minute walk away.
Which metro station is closest to the Gold Souk?
Gold Souq station (G22) and Al Ras station (G23) on the Green Line; Visit Dubai puts both about five minutes from the souk on foot. From the Red Line, change at BurJuman or Union.
Where is the Gold Souq bus station?
RTA lists Gold Souq among Dubai’s bus stations, and its station plan marks Gold Souq Metro Station and Al Khaleej Street around it. Open the plan on rta.ae to see which bay your route leaves from.
Which bus goes to the Gold Souk?
Visit Dubai names route T10, which stops about three minutes from the souk, and routes 5, C09 and C28, which stop at Deira, Old Souq 1, about four minutes away. Check the current route on RTA’s journey planner before you travel.
What are the Gold Souk timings?
Visit Dubai says most shops open from 10am to 10pm, although some individual stores may vary. Confirm with a specific shop if you are going for it.
What time does the Gold Souk close?
Most shops close at 10pm, according to Visit Dubai, but some keep different hours. If you go by metro late in the evening, check the last train time for Gold Souq or Al Ras in RTA’s timetable.
Is there parking at the Gold Souk?
We could not find parking details for the Gold Souk on any official page we read, so we do not name a car park or a fee. The metro and bus are the routes Visit Dubai describes; if you drive, use marked public spaces and pay as the signs show.
Is it free to enter the Gold Souk?
Yes. Visit Dubai describes the Gold Souk as free to visit; you pay only for what you buy.
What is the difference between the old and new Gold Souk?
None of the official sources we read describes a separate “new” gold souk, an extension or the Al Kabayel building, so we cannot compare them. The Gold Souk that Visit Dubai describes is the traditional market on the Deira side of the creek.
Is gold cheaper at the Gold Souk than in a mall?
The gold rate is the same in both, because Dubai Jewellery Group’s unified price applies across all stores. The difference is the making charge each shop sets, so compare that charge on the same weight and karat.
Can you bargain at the Gold Souk?
Yes, on the making charge. Visit Dubai says retailers will offer a bargain if you are fair with your price; the gold rate itself is the same in every shop.
Is gold from the Gold Souk genuine?
Visit Dubai says all merchandise is regulated by the Dubai government, and Dubai Jewellery Group says every gold jewellery item must carry an official hallmark or tags. Check the stamp, ask for an itemised invoice and, if you want it, the digital authentication certificate.
Can tourists get VAT back on gold from the Gold Souk?
Yes, from shops in the Tax Refund for Tourists scheme, on purchases of at least AED 250 that you validate at the exit within 90 days. The refund is 85% of the VAT, after a fee of AED 4.80 per tax-free tag.
Can I sell gold at the Gold Souk?
Some shops buy gold; our directory lists places that buy gold with a guide to selling. Ask for a written offer with weight, karat and rate per gram, and compare more than one buyer.
Is there a gold souk in Sharjah too?
Yes, Sharjah has gold shops in the Central Souk and at the Sharjah Gold Centre, at the same UAE rate. See the gold rate in Sharjah for where they are.