Ithra Dubai has launched Dubai Gold District, a purpose-built destination designed to position Dubai as the world’s premier hub for gold trade, retail, and investment, in a landmark move for the gold and jewelry sector of the emirate.
Developed as a unified destination, Dubai Gold District brings together the entire gold and jewelry value chain, retail, bullion, wholesale trade, and investment, reinforcing Dubai’s position as one of the world’s most trusted gold hubs.
The District was unveiled in the presence of HE Mohammed Ibrahim Al-Shaibani, Managing Director of the Investment Corporation of Dubai, and HE Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, and Dr Juma Al Matrooshi, Assistant to the Secretary General of the Dubai Free Zones Council, and Issam Galadari, CEO of Ithra Dubai, joined by long term traders from across the District.
The launch underscores the UAE’s role as a leading global gold trading nation, having exported approximately $53.41 billion in gold in 2024–25 to key markets including Switzerland, the UK, India, Hong Kong and Türkiye, making it the world’s second-largest physical gold trading destination.
HE Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said that the launch of Dubai Gold District marks a pivotal milestone for global trade, offering investors and market participants direct access to one of the world’s most active and trusted gold trading hubs, while strengthening Dubai’s role as a global gateway for gold and jewelry trade.
The unveiling marks a significant milestone for the Dubai Economic Agenda, D33, reinforcing the District’s role in shaping the future of the global gold and jewelry trade.
Ahmed Al Khaja CEO – DFRE
“The launch of Dubai Gold District represents a defining moment in our city’s evolution as a global destination for commerce, culture and tourism. Guided by visionary leadership and aligned with the Dubai Economic Agenda, D33 to further consolidate Dubai’s position as a leading global city for business and leisure, this transformative development elevates our standing as one of the world’s leading centers for gold and jewelry trade whilst creating compelling new experiences for visitors and residents. Gold is deeply woven into the cultural and commercial fabric of Dubai, symbolizing our heritage, prosperity, and enduring spirit of enterprise. Through this landmark destination, we not only celebrate that legacy but also reimagine it for a new era shaped by creativity and sustainability.
Al Khaja added that the achievement highlights the strength of public–private collaboration and the shared ambition to position Dubai at the forefront of global innovation and excellence. He noted that as the city continues to diversify its tourism and retail landscape, Dubai Gold District will play a key role in attracting international visitors, driving investment, and reinforcing Dubai’s global reputation.
Issam Galadari, CEO of Ithra Dubai stated that, “With the launch of Dubai Gold District, we are advancing a significant new chapter in the city’s gold and jewelry landscape. By uniting heritage, scale, and opportunity, the District brings together a significant and diverse ecosystem of traders, investors, retailers, and global brands, serving shoppers and visitors across international markets and key global trade corridors.”
Dubai Gold District: ‘Home of Gold’
Positioned as Dubai’s new ‘Home of Gold’, Dubai Gold District brings the entire gold and jewelry ecosystem into a single destination, housing leading global and regional brands and offering exceptional choice, quality and value for buyers, traders and investors.
Image credits: Dubai Gold District | Cropped by GBN
The District stands out for its unmatched global reach, welcoming shoppers from more than 147 nationalities in 2025 alone, reinforcing Dubai’s status as a truly international marketplace for gold and jewelry.
A signature attraction will be the world’s first Gold Street, a gold-constructed street set to become a distinctive landmark for visitors, with details to be unveiled in phases. The destination features over 1,000 retailers across gold, jewelry, perfumery, cosmetics and lifestyle categories, including flagship stores from Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan and Tanishq, alongside Joyalukkas’ upcoming 24,000 sq ft flagship, its largest in the Middle East.
Supporting Dubai’s broader retail and tourism ecosystem, the District is complemented by more than 1,000 hotel rooms across six hotels, while new Big Bus routes introduced in 2025 have enhanced accessibility and strengthened its appeal as a premier gold and jewelry shopping destination.
