Gold and Diamond Park Dubai: Location, Metro, Hours, and What to Buy There
The Gold and Diamond Park is an Emaar-managed jewellery complex on Sheikh Zayed Road in Al Quoz, established in 2001, with more than 90 shops and on-site manufacturing units where diamond and gold pieces are made to order, resized, and repaired. Equiti Metro station on the Red Line sits beside it with a footbridge, parking is free, and the metal rate on every shop board is the same daily Dubai rate as in the Deira Gold Souk; the difference is certified diamonds, contemporary design, and custom work.
Location, Metro, and Parking
The complex sits on the north side of Sheikh Zayed Road in Al Quoz near the Umm Suqeim Road junction and Mall of the Emirates, and the table lists the ways to reach it, from the Metro station at its door to the free car park Emaar provides.
| Option | Details |
|---|---|
| Metro, Red Line to Equiti | Formerly First Abu Dhabi Bank station; next to the complex, two to three minute walk via the footbridge across Sheikh Zayed Road |
| Car | Free parking on site per Emaar; access from Sheikh Zayed Road and Al Quoz side roads |
| Taxi | About 10 minutes from Downtown or Dubai Marina outside peak hours |
| Bus | Sheikh Zayed Road routes stopping at Equiti Metro station |
Sources: emaar.com Gold and Diamond Park page, Dubai Metro station guides.
Opening Hours
Emaar's page for the park lists no opening hours and the park's own website could not be reached when this guide was written, so the hours here come from secondary listings: 10:00 to 21:00 daily is the figure given by Tripadvisor and Dubai Online, while some older guides cite 10:00 to 22:00 with a Friday opening at 16:00. Individual jewellers and workshops keep their own hours inside the complex, which is why a call to the specific shop is worth making before a special trip, particularly on Fridays and during Ramadan.
What the Park Is Known For
Emaar describes the park as high-quality diamond jewellery, gold jewellery, and bespoke pieces with watch artisans at work, and the layout explains the reputation: phase one paired 37 retail units with 118 manufacturing units in one block, and phase two added 154 manufacturing units, 200 offices, and 52 retail units, so most shops sit metres from the workshop that makes their pieces. Tenants sell diamonds with GIA, IGI, or HRD certificates and set them to order, resize and restore jewellery on site, and offer contemporary and Western designs rather than the heavy 22K and 21K sets of the souk. Facilities listed by Emaar and mall directories include cafes, a minimart, ATMs and a currency exchange, prayer rooms, and baby-changing rooms. The park does not host a Dubai Central Laboratory or DMCC office; the GIA laboratory in Dubai is in DMCC's Uptown Tower.
Today's Metal Rate at the Park (2026-09-04)
Shops in the park quote the same daily Dubai metal rate as every other jeweller in the city, shown on centrally updated screens under the Dubai Economy and Dubai Jewellery Group system, and the table gives the reference figure for the four purities so a quotation can be split into metal, stones, and making charge.
| Purity | Fineness | AED per gram | AED per 10 g | AED per tola | USD per gram | INR per gram |
|---|---|---|---|---|---|---|
| 24K | 999 | 522.85 | 5,229 | 6,098 | 142.37 | 13,460 |
| 22K | 916 | 479.41 | 4,794 | 5,592 | 130.54 | 12,341 |
| 21K | 875 | 457.95 | 4,580 | 5,341 | 124.70 | 11,789 |
| 18K | 750 | 392.53 | 3,925 | 4,578 | 106.88 | 10,105 |
Diamond-set pieces are mostly 18K; the stone price is separate from the metal rate and depends on the certificate grades.
Custom Piece Price Calculator (Gold Component)
The calculator prices the gold component of an 18K custom piece from the metal weight, the making charge per gram quoted by the workshop, and 5% VAT, which leaves the diamond or stone cost as the one remaining line to compare against the certificate, and the karat can be switched on the other rate pages.
Gold and Diamond Park vs the Deira Gold Souk
The two markets sell the same metal at the same rate and differ in everything else, and the table sets the practical differences side by side for a buyer deciding where to spend a morning.
| Gold and Diamond Park | Deira Gold Souk | |
|---|---|---|
| Setting | Purpose-built, air-conditioned, quiet | Traditional covered street market, crowded in the evening |
| Scale | 90+ shops plus workshops | 300+ retailers plus the 295-unit Extension |
| Designs | Contemporary, Western, diamond-set, made to order | Indian 22K, Gulf 21K, high volume, fast comparison |
| Making charge | Not confirmed lower by any reputable source; reviews place it above the souk and below mall boutiques | Most competitive on plain pieces; from about 4% on large items per Khaleej Times |
| Getting there | Equiti Metro at the door, free parking | Al Ras or Gold Souq Metro, AED 1 abra from Bur Dubai |
| Best for | Engagement rings, certified diamonds, repairs, resizing | Gold-by-weight jewellery, bridal sets, bargaining |
Comparison drawn from Emaar, Khaleej Times, Gulf News, and customer reviews; the Gold Souk guide covers the Deira market in detail and the buying guide compares jewellery with bullion.
Tax and Refund Rules at the Park
Jewellery bought at the park carries 5% VAT on the full invoice including the making charge, investment gold of 99% purity or higher is zero-rated, and non-resident visitors can reclaim VAT through the Planet tourist refund scheme on invoices of AED 250 or more, exported within 90 days and validated at the airport, less 13% of the VAT and AED 3.60 per tag. Ask the shop to issue the tax-free tag at purchase and to state metal weight, purity, stone weight and certificate number, making charge, and VAT as separate lines on the invoice, because the resale value of a diamond piece depends on that paperwork. Buyers who want metal rather than a setting are better served by the gold bar page, and Indian visitors should check the customs allowance before a large purchase.
Gold and Diamond Park FAQ
Where is the Gold and Diamond Park in Dubai?
The Gold and Diamond Park is on Sheikh Zayed Road in Al Quoz, near the Umm Suqeim Road junction and Mall of the Emirates. Equiti Metro station on the Red Line, formerly First Abu Dhabi Bank station, is next to the complex with a footbridge over Sheikh Zayed Road, and Emaar lists free parking on site.
What are the Gold and Diamond Park opening hours?
Emaar's own page does not list hours and the park's website was unreachable at the time of writing. Secondary listings give 10:00 to 21:00 daily; some older guides give 10:00 to 22:00 with a Friday afternoon opening. Treat 10:00 to 21:00 as typical and confirm with a specific shop before visiting.
Is the Gold and Diamond Park cheaper than the Gold Souk?
The metal rate is identical everywhere in Dubai. No press or official source confirms that making charges are lower at the park; customer reviews describe it as somewhat more expensive than the souk and cheaper than mall boutiques. The park's advantage is custom and diamond work done in on-site workshops, not a lower headline price.
Who operates the Gold and Diamond Park?
Emaar Properties developed it and Emaar Malls manages it. Emaar says the complex was established in 2001 and describes over 90 shops offering diamond jewellery, gold jewellery, and bespoke pieces, with watch artisans working on site. Its gross leasable area was reported at 425,000 square feet in Emaar Malls results.
What is the difference between the Gold Souk and the Gold and Diamond Park?
The Deira Gold Souk is a traditional open street market with more than 300 retailers, a high volume of Indian and Gulf designs, and fast price comparison. The Gold and Diamond Park is a purpose-built, air-conditioned complex with fewer shops, contemporary designs, certified diamonds, and manufacturing units where pieces are made, resized, and repaired to order.
Can I get a custom ring made at the Gold and Diamond Park?
Yes. Made-to-order jewellery, resizing, and repair are the core of the park: the complex was built with manufacturing units beside the retail units, and tenants offer GIA, IGI, and HRD certified diamonds set to order. Ask for the metal weight, purity, stone certificate, and making charge as separate lines on the quotation.
Related Gold Pages
The rate pages carry today's figures by karat, the souk guide covers the Deira market, and the investing pages cover bars and digital gold for buyers who want metal rather than jewellery.