Dubai’s Gold and Jewellery District Unveils Dazzling World’s First Gold Street

Dubai Jewellery News: A glittering new chapter for Dubai Jewellery

Dubai has once again positioned itself at the centre of global attention with the unveiling of the Dubai Gold District, a purpose-built hub that aims to redefine how the world experiences gold and jewellery. Announced by Ithra Dubai, the ambitious development will bring retail, wholesale trading, bullion services and investment-linked businesses together in a single, integrated destination. At the heart of this project is what developers describe as the world’s first Gold Street, a show-stopping attraction designed to reinforce Dubai’s long-standing reputation as the “City of Gold” and a leader in Gold, Gems and Jewelry.

World’s first Gold Street takes shape

The proposed Gold Street will be constructed using gold elements and positioned as a central feature within the Dubai Gold District, rather than a standalone novelty. While detailed architectural designs and construction timelines will be revealed in phases, officials say the street is intended to blend visual spectacle with commercial functionality. Announced during an event attended by senior government and industry leaders, including representatives from the Investment Corporation of Dubai and Dubai Chambers, the project underscores the emirate’s strategy of combining heritage, trade and tourism. This Dubai Jewellery News report highlights how the Gold Street will serve as both a landmark attraction and a commercial artery for traders and visitors alike.

A consolidated hub for Gold and Jewellery

According to Ithra Dubai, the Dubai Gold District will host more than 1,000 retailers spanning gold, jewellery, perfumery, cosmetics and lifestyle categories. Well-known brands such as Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan and Tanishq Jewellery are already confirmed. Joyalukkas has also revealed plans for a 24,000-square-foot flagship outlet, expected to be its largest in the Middle East. The Gold Street is designed to complement this extensive retail and trading ecosystem, strengthening Dubai’s position in the global Dubai Jewellery market.

Tourism, hotels and global reach

Beyond retail, the district is being developed with international visitors and trade partners in mind. More than 1,000 hotel rooms across six hotels will support business travel and shopping tourism. Connectivity has also been enhanced, with Big Bus sightseeing routes introduced to the area in 2025. Developers noted that visitors from over 147 nationalities passed through the district last year, reflecting Dubai’s global pull as a jewellery and gold trading destination.

Building on Dubai’s gold legacy

Dubai’s deep-rooted relationship with gold continues to be a major economic driver. In 2024–25, the UAE exported approximately USD 53.41 billion worth of gold, making it the world’s second-largest physical gold trading destination. Key trading partners include Switzerland, the United Kingdom, India, Hong Kong and Türkiye. With gold prices reaching notable highs in early 2026, the launch of the Dubai Gold District and its Gold Street arrives at a time of heightened global interest in precious metals and reinforces the emirate’s leadership in Dubai Jewellery News.

What lies ahead for the Gold District

While an official opening date has yet to be announced, further updates on the design, construction phases and exact specifications of Gold Street are expected in stages. Industry leaders say the project is not just about visual impact, but about clustering traders, retailers and investors into a single commercial zone that reflects Dubai’s ambition, heritage and future-facing vision. As anticipation builds, the Dubai Gold District is already being viewed as a transformative step for the regional and global jewellery trade, blending commerce, tourism and spectacle into one bold statement.

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