Dubai Plans World’s First Gold District, Including a Street Made of Real Gold
- Publish date: since 3 hours Reading time: two min read
The city launches its new Gold District, with plans for a street made of gold and a one-stop hub for jewellery, bullion, and big-name brands.
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Dubai is about to add another flex to its long list of world-firsts. The city has announced plans to build the world’s first Gold Street — a street constructed using gold — inside the newly launched Dubai Gold District.
The announcement came from Ithra Dubai, which officially unveiled the district, while teasing that more details about the gold-built street will be shared gradually.
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A New ‘Home of Gold’ in Dubai
Dubbed the emirate’s new “Home of Gold,” the Dubai Gold District is designed to bring everything gold and jewellery-related into one destination.
Think retail, bullion trading, wholesale markets, and gold investment — all in one place. The district already hosts more than 1,000 retailers across sectors like gold, jewellery, perfumes, cosmetics, and lifestyle.
Big Jewellery Names Are Moving In
Major jewellery brands have already set up shop in the district, including Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan, and Tanishq.
Joyalukkas also announced plans for a 24,000-square-foot flagship store, which will be its largest in the Middle East — a clear sign that brands are betting big on the area.
Why Gold Still Matters to Dubai
The timing isn’t random. Between 2024 and 2025, the UAE exported around $53.41 billion worth of gold, with key trading partners including Switzerland, the UK, India, Hong Kong, and Turkey. The country is currently the world’s second-largest physical gold trading destination.
Issam Galadari, CEO of Ithra Dubai, said the district brings together “heritage, scale, and opportunity,” positioning Dubai as a global gold powerhouse.
Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE), added that gold is deeply tied to Dubai’s cultural and commercial identity — and this new district aims to reimagine that legacy for a modern, sustainability-focused era.
What’s Next?
Details about how the Gold Street will actually be built — and how much gold we’re talking about — are still under wraps. But if history is anything to go by, Dubai isn’t planning to do this halfway.