Ithra Dubai has officially launched Dubai Gold District, a purpose-built destination designed to reinforce Dubai’s standing as a leading global hub for gold and jewellery trade and investment.
Unveiled in the presence of senior government and industry leaders, including Mohammed Ibrahim Al-Shaibani, Mohammad Ali Rashed Lootah, and Issam Galadari, the launch marks a significant milestone for the Dubai Economic Agenda D33 and the emirate’s long-term trade ambitions.
Developed as a unified ecosystem, Dubai Gold District brings together the entire gold and jewellery value chain in one location, spanning retail, bullion, wholesale trade, and investment. By consolidating these activities, the District aims to enhance transparency, efficiency, and global confidence in Dubai’s gold market.
The launch underscores the UAE’s growing influence in global precious metals trade. In 2024–25, the country exported approximately USD 53.41 billion worth of gold, ranking as the world’s second-largest physical gold trading destination. Major trading partners include Switzerland, the United Kingdom, India, Hong Kong, and Turkiye.
Positioned as Dubai’s new Home of Gold, the District hosts more than 1,000 retailers across gold, jewellery, and related lifestyle categories, alongside six hotels offering over 1,000 guest rooms. Prominent brands such as Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan, and Tanishq Jewellery are present, with Joyalukkas planning its largest Middle East flagship at the site.
Dubai Gold District has already attracted shoppers from more than 147 nationalities in 2025, highlighting its global reach. Future attractions include the world’s first Gold Street, set to be revealed in phases, further strengthening the District’s appeal as a landmark destination for trade, tourism, and investment.
News Source: Emirates News Agency
