Developed by Ithra Dubai, the District brings collectively the total gold and jewelry worth chain in a single, unified location spanning retail, bullion, wholesale commerce and funding, marking a brand new part in Dubai’s evolution as a worldwide hub for commerce and commerce.
In a landmark second for the area’s gold and jewelry trade, the launch of the Dubai Gold District positions the emirate on the forefront of the worldwide gold commerce.
By consolidating the complete gold and jewelry ecosystem below one vacation spot, the District reinforces Dubai’s function as one of many world’s most trusted world centres for gold.
Dubai Gold District
The District was unveiled within the presence of Mohammed Ibrahim Al-Shaibani, Managing Director of the Funding Company of Dubai; H.E. Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; Dr Juma Al Matrooshi, Assistant to the Secretary Normal of the Dubai Free Zones Council; and Issam Galadari, CEO of Ithra Dubai, alongside long-term merchants from throughout the District.
The disclosing marks a major milestone for the Dubai Financial Agenda, D33, reinforcing the District’s function in shaping the way forward for the worldwide gold and jewelry commerce.
The launch additionally displays the UAE’s continued function as a number one world buying and selling nation for gold and valuable metals. In 2024–25, the nation exported roughly $53.41bn value of gold, with main buying and selling companions together with Switzerland, the UK, India, Hong Kong and Turkiye, positioning the nation because the world’s second-largest bodily gold buying and selling vacation spot.
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, acknowledged that the announcement of the Dubai Gold District marks a pivotal milestone for world commerce and commerce, providing buyers and market contributors unparalleled entry to one of many world’s most lively and trusted gold buying and selling hubs.
He famous that the initiative firmly strengthens Dubai’s place as a worldwide gateway for gold and jewelry commerce and as an integral a part of the worldwide buying and selling ecosystem.
Issam Galadari, CEO of Ithra Dubai, mentioned: “With the launch of Dubai Gold District, we’re advancing a major new chapter within the metropolis’s gold and jewelry panorama. By uniting heritage, scale, and alternative, the District brings collectively a major and numerous ecosystem of merchants, buyers, retailers, and world manufacturers, serving consumers and guests throughout worldwide markets and key world commerce corridors”.
The Dwelling of Gold
Ahmed Al Khaja, CEO of Dubai Festivals and Retail Institution, a part of the Dubai Division of Financial system and Tourism, mentioned the launch represents a defining second in Dubai’s evolution as a worldwide vacation spot for commerce, tradition and tourism.
He mentioned the event is aligned with the Dubai Financial Agenda, D33, to additional consolidate Dubai’s place as a number one world metropolis for enterprise and leisure, whereas elevating its standing as one of many world’s main centres for gold and jewelry commerce and creating new experiences for guests and residents.
He added that gold is deeply woven into Dubai’s cultural and industrial material, symbolising heritage, prosperity and enterprise, and that the District reimagines this legacy for a brand new period formed by creativity and sustainability.
He additionally highlighted the energy of collaboration between the private and non-private sectors in positioning Dubai on the forefront of world innovation and excellence, noting that the Dubai Gold District will play a pivotal function in attracting worldwide guests, driving funding, and reinforcing Dubai’s popularity as the perfect metropolis on this planet to go to, reside and work in.
Positioned as Dubai’s new “Dwelling of Gold”, the District unites the total spectrum of gold and jewelry exercise below one vacation spot and is dwelling to a variety of established world and regional manufacturers, providing distinctive selection, high quality and worth for consumers, merchants and buyers.
A defining function of the Dubai Gold District is the range of its viewers, bringing collectively one of many world’s widest mixes of consumers, merchants and customers inside a single vacation spot.
Gold retail and buying and selling hub
In 2025 alone, the District welcomed consumers from greater than 147 nationalities, reflecting Dubai’s distinctive place as a really world market for gold and jewelry.
A landmark function deliberate for the District is the world’s first Gold Road, a road constructed utilizing gold and designed as a particular attraction for vacationers and guests, with additional particulars to be revealed in phases.
The District includes greater than 1,000 retailers throughout gold, jewelry, perfumery, cosmetics and way of life classes. The retailer combine contains established jewelry flagships reminiscent of Jawhara Jewelry, Malabar Gold and Diamonds, Al Romaizan and Tanishq Jewelry, with Joyalukkas saying plans for a 24,000 sq. foot flagship retailer, set to be its largest within the Center East.
Dubai Gold District additionally contributes to Dubai’s wider retail and tourism providing and is supported by greater than 1,000 visitor rooms throughout six lodges, offering handy entry for worldwide guests, consumers and commerce companions.
The introduction of Massive Bus routes into the District in 2025 enhanced accessibility and attraction for vacationers, strengthening its function as a vacation spot for gold and jewelry procuring.
