Page 28 - Bullion World Issue 02 Volume 06 February_2026

Bullion World | Volume 6 | Issue 02 | February 2026

Dubai Gold District:

The New Global Gold Hub

Dubai Gold District, launched in January 2026, marks a
transformative milestone in the emirate's storied gold trade legacy.
Located in Deira near the historic Gold Souk, this purpose- Stay tuned for
built destination consolidates over 1,000 retailers into a unified
ecosystem spanning gold jewelry, bullion trading, wholesale, our upcoming
perfumery, cosmetics, and lifestyle products. Developed by Ithra UAE special
Dubai, it is designed to cement Dubai’s position as the world’s
most trusted epicenter for precious metals commerce and a issue, which will
flagship pillar of the emirate’s long-term economic vision. bring nuanced

insights and

Key Features and Retailers on-the-ground
At the heart of the district are flagship stores from leading perspectives
regional and global brands such as Jawhara Jewellery, Malabar
Gold & Diamonds, Al Romaizan, Tanishq, and Joyalukkas—the from refiners,
latter planning its largest Middle East outlet at 24,000 sq ft bullion dealers,
with an expansive, experience-led format. The development
is complemented by over 1,000 hotel rooms, seamless tourist jewellery
access including Big Bus hop-on-hop-off routes, and modern manufacturers,
infrastructure that caters to professional buyers and retail
shoppers alike. A signature highlight is the world’s first “Gold and global
Street,” an iconic promenade incorporating gold-inspired elements jewellers,
and immersive design, set for phased reveals to become a must-
see tourist attraction. offering a
360-degree view
Economic Impact and Vision
Aligned with Dubai’s D33 Economic Agenda, the district enhances of how Dubai
transparency, scale, and efficiency across the gold and jewelry Gold District is
value chain. In 2024-25, UAE gold exports reached $53.41 billion,
underscoring Dubai's role as the second-largest physical gold reshaping the
hub globally. CEO Ahmed Al Khaja of Dubai Festivals and Retail future of the
Establishment described it as a "defining moment" for commerce,
culture, and tourism. By clustering retailers, wholesalers, logistics, gold trade.
and lifestyle offerings, it blends heritage with innovation in the
$200+ billion global jewelry market.

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