- Air conditioner
- Car parking
- Credit cards
Abu Dhabi, just like most of the emirates of the UAE, is known for its high-quality gold jewellery. The Gold Souk in Abu Dhabi is especially popular with tourists and long-time residents who enjoy the adventure of gold and jewellery shopping in the setting of a traditional Arabic souk. The stunning displays of shimmering gold necklaces, intricate bangles, gorgeous diamond rings and more makes this an appealing destination for anyone who wants to buy gold in Abu Dhabi. Here is all you need to know before making a trip to Abu Dhabi Gold Souk Market.
ABOUT GOLD SOUK ABU DHABI, UAE
Unlike the Dubai Gold Souk which is located in a labyrinthine bazaar close to the old-school spice markets, Gold Souk Abu Dhabi is a part of the iconic Madinat Zayed Shopping Centre. Visitors can benefit from the convenience of shopping in a contemporary setting, while also experiencing the nostalgia of a traditional souk. The gold centre at Madinat Zayed Mall is home to most of the leading gold and diamond shops in Abu Dhabi.
Jewellery enthusiasts not only come to this retail destination to browse through an extensive collection of sophisticated gold jewellery but they also get to check out delicate assortments of diamond, platinum and silver ornaments.
If you are planning a visit, here are some of the operational details of the Gold Souk in Abu Dhabi.
Gold Souk Abu Dhabi Location: Between Airport Road and Murour Road, off Sheikh Zayed the 1st Road, Madinat Zayed Shopping Centre, Abu Dhabi
Gold Souk Abu Dhabi Contact: +971-2-633-3311
Gold Souk Abu Dhabi Opening Hours: 09:00 am to 10:30 pm (Saturday to Thursday) | 04:00 pm to 11:00 pm (Friday)
THINGS YOU SHOULD KNOW BEFORE VISITING THE GOLD SOUK ABU DHABI
When you are buying gold from Gold Souk Abu Dhabi shops it’s best to be aware of a few things, to get the most out of your shopping experience.
KNOW THE GOLD PRICES
It is very important to check the international gold prices on the particular day of your visit. Gold prices fluctuate on a daily basis and knowing the current price will help you estimate the cost of the gold pieces at different stores in the souk.
LIMIT OF GOLD FOR TRAVELLERS
Tourists who want to indulge in some serious gold shopping should consult with their respective airlines or customs authority to know how much gold they can carry to their country on the return trip. Carrying more than the permissible limit of gold during international trips can result in financial consequences in the form of hefty duties. It’s also important to note that the customs duty for carrying gold bars may differ from the customs duty for carrying gold jewellery. So do your due diligence, so you are well-informed.
Another thing to remember as a tourist, is to get the necessary documents to claim a VAT refund while leaving the airport.
BE PREPARED TO BARGAIN
If you are a bargain hunter, you will be excited to know that buyers can negotiate with the sales staff at the Gold Souk Abu Dhabi. The Gold Souk Abu Dhabi prices are based on two factors; actual gold rates on the day and making charges for the individual designs and products. While the gold rate is fixed, you can haggle over the making charges and settle on an agreeable amount.
UNDERSTAND THE DIFFERENT QUALITIES AND PURITY STANDARDS FOR GOLD
The souk has gold jewellery with different levels of purity. The purest form of gold is the 24 karat variety which has no other material mixed in it. However, this form of gold is not only hard to mould into jewellery, but it is also prone to damage and far more expensive because of its purity. So, if your intention is to buy gold jewellery, it is better to buy 21 or 22 karat jewellery as it will be more durable and cost-effective.
INVEST IN COINS AND BISCUITS FOR A HIGH PROFIT
Many shops at the Abu Dhabi Gold Souk offer pure gold bars that people buy for investment purposes as the gold prices are comparatively lower in the region. If you are buying the yellow metal purely for investment, it is better to purchase 24kt gold biscuits, coins or bars as these don’t incur any making charges.
VISIT SEVERAL SHOPS BEFORE FINALIZING A PURCHASE
Buyers should always visit a couple of gold stores before finalising their options at the Madinat Ziyarat Gold Centre Abu Dhabi. Since buyers often base their negotiations on the relative prices of similar products, visiting different stores can give you a better idea about the established jewellery rates. This will also help you to negotiate more confidently and persuade the seller.
GET YOUR JEWELLERY REPAIRED AT GOLD SOUK
Many gold shops at the Abu Dhabi Gold Souk offer services for jewellery repairing and jewellery resizing. So if you have a broken piece of jewellery, you can get it fixed at any of the gold stores at Gold Souk Abu Dhabi at a reasonable price.
NOSE AND EARS PIERCING AT THE GOLD SOUK
If you want to get your ears or nose pierced, you will find plenty of jewellers at Gold Souk Abu Dhabi who promise a pain-free experience. Make sure that the shop you choose for this carries out the process in a clean, hygienic and safe manner.
LIST OF TOP GOLD SHOPS IN GOLD SOUK ABU DHABI
While the list of gold jewellery shops located in Gold Souk Abu Dhabi is fairly extensive, here are some of the well-known outlets which are popular with most gold-buyers in the capital.
- Damas Jewellery
- Malabar Gold and Diamond
- Jawhara Jewellery
- Al Jazira Jewellery
- Kalyan Jewellers
- Sunny Jewellery
- Baniyas Jewellery
- Pure Gold Jewellers
- Al Riyadh Jewellery
- Al Harmain Jewellery
These are some of the top-listed gold shops in Gold Souk Abu Dhabi. There are many other gold shops in Abu Dhabi where tourists and locals can shop for fine jewellery in the capital.
Another emirate that is popular for its gold shops, is Dubai. One of the reasons why expats love to buy gold in Dubai and Abu Dhabi is the purity of gold and the sheer variety of designs available in these cities.
Similar to Abu Dhabi, there are many options for gold shopping in Dubai as well where buyers can get amazing pieces at competitive rates. The Deira Gold Souk Dubai, for instance, is a popular destination for gold shopping in Dubai. The Gold and Diamond Park Dubai is also frequented by tourists and residents interested in buying gold coins or stylish jewellery.