Dubai has earned a global reputation not only as the City of Gold, but also as a premier destination for diamond shopping. With hundreds of jewelry retailers offering everything from small solitaires to extravagant bridal sets, Dubai attracts millions of buyers each year.
But which shops can you trust in 2025? Below we highlight the best jewelry shops in Dubai for diamonds, along with customer reviews, pricing insights, and expert tips to help you make the right choice.
💎 1. Dubai Gold Souk (Deira)
Why it’s popular: Traditional, historic marketplace with 300+ shops.
What you’ll find: Wide variety of certified and uncertified diamonds.
Pros: Bargaining possible, huge choice.
Cons: Quality varies – you must verify certification.
⭐ Customer Review:
“I visited three shops in the Gold Souk and compared prices. Managed to save AED 3,000 on a 1-carat stone after bargaining.” – Priya, Sharjah.
💎 2. Malabar Gold & Diamonds
Overview: One of the largest jewelry groups in the Middle East.
Strength: Certified diamonds (GIA, IGI). Wide range of designs.
Best for: Mid-range budgets looking for both trust and variety.
(Source: Malabar Gold & Diamonds UAE)
💎 3. Damas Jewellery
Overview: Founded in 1907, headquartered in Dubai.
Strength: Luxury diamond collections with modern & traditional designs.
Best for: Buyers seeking heritage brands with credibility.
⭐ Customer Review:
“I bought a diamond bracelet at Damas. Price was higher than Gold Souk, but the quality and service were unmatched.” – Khaled, Abu Dhabi.
💎 4. Joyalukkas
Overview: International jewelry brand with presence across GCC.
Strength: Large variety, certified diamonds, bridal sets.
Best for: Families buying jewelry for weddings & celebrations.
💎 5. Luxury Boutiques – Cartier, Tiffany & Graff
Overview: Located in Dubai Mall & Mall of the Emirates.
Strength: World-famous premium jewelry houses.
Best for: Buyers who value exclusivity, prestige, and guaranteed authenticity.
Note: Prices here are significantly higher due to brand markup.
💡 Expert Tips for Buying Diamonds in Dubai
Always ask for GIA / IGI / HRD certificates.
Compare prices between shops – same quality stones can differ by 15–30%.
For best bargains, visit Gold Souk, but verify authenticity.
For guaranteed quality, choose luxury brands or established jewelers.
Tourists should remember VAT refunds apply for purchases over AED 250.
🔄 Diamond Prices in Dubai (2025 Snapshot)
0.5 Carat, VS1, G Color: AED 6,500 – 7,200
1 Carat, VVS1, D Color: AED 27,500 – 29,000
2 Carat, VS2, H Color: AED 44,000 – 48,000
(Source: Dubai Gold & Jewellery Group & GIA Market Reports, Sept 2025)
❓ FAQs
Q1: Which is the cheapest place to buy diamonds in Dubai?
The Gold Souk in Deira usually offers the lowest prices, but you must carefully check certification.
Q2: Are diamonds tax-free in Dubai?
Yes, there are no import duties, and tourists can claim VAT refunds.
Q3: Which is better – Gold Souk or Mall shops?
Gold Souk offers variety and bargaining. Mall shops guarantee quality but are more expensive.
Q4: Can I buy lab-grown diamonds in Dubai?
Yes, increasingly common in 2025 and often 30–40% cheaper.
✅ Final Thoughts
Dubai offers diamond buyers a rare mix of competitive pricing, variety, and global credibility. Whether you prefer bargaining in the Gold Souk or choosing from luxury boutiques like Cartier, you’ll find options for every budget.
👉 For updated diamond rates today, visit:
1 Gram Diamond Price in UAE – Latest Rates
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