Gold and Diamond Park
Dubai Gold and Diamond Park Company Setup Established in 2011, with the aim of becoming a treasure trove of some of the world’s finest jewellery, gemstones, precious stones, gold, silver, platinum and high-end personal accessories, Gold & Diamond Park continues to attract numerous tourists and residents alike. Conveniently located on Sheikh Zayed Road, Gold & Diamond Park offers an array of spectacular Jewellery and bullion worth millions that can be admired, reviewed and purchased everywhere you turn, and customers can even choose to have their own designs custom-made at the hands of superbly skilled and experienced artisans.
With over 90 leading retailers and brands to choose from, a truly diverse range of options is available for the asking. A unique and thoughtful combination of not merely retail space but also 118 purpose-built manufacturing blocks, Gold & Diamond Park presents an advantageous proposition to jewellers and business people in search of premium commercial leasing opportunities, including 350 offices, a courtyard and a selection of cafés and restaurants.
Business benefits in Gold & Diamond Park
- 100% foreign ownership.
- 100% foreign ownership.
- No Corporate taxes.
- No income taxes.
- Strategic location within the heart of Dubai with easy access to all areas.
- 24/7 operational freedom.
- Hiring of expatriate workers.
- Central air conditioning plant connections to each unit.
- Central gas distribution system to each unit.
- Healthy purpose-built work environment with proper ventilation systems, exhaust facilities and provision of acid disposal waste collection.
- 24 hours, 7 days a week security personnel & video surveillance, fire alarms and fire defense systems.
- Excellent retail center facilities and atmosphere, serving tourists and shoppers.
Types of licenses
- Trading license
- Manufacturing license
- Retail license
- Service license
- E-commerce license
- National industrial license
- Innovation license
- Off-shore registration license
Frequently Asked Questions
What is Dubai Gold & Diamond Park company setup?
Forming a jewelry retail, trading, or manufacturing entity inside the Park,with dedicated shops, workshops,leases and regulatory approvals for precious metals.
Which activities are allowed in Gold & Diamond Park?
Jewelry retail, bullion/diamond trading,custom design, manufacturing,repairs,assaying and related services—subject to park management and regulator approvals.
Is Gold & Diamond Park a good location for jewelers?
Yes—specialized footfall, secure premises, industry cluster, hallmarking access, logistics partners, and proximity to Dubai’s wholesale ecosystem.
How much does company setup cost at the Park?
Budget license package, retail/workshop lease, security deposit, visas, insurance, fit-out, and compliance tooling; totals vary by unit size and activity.
What documents are required to register?
Passports, UBO/KYC, proposed activities, lease offer, business plan, insurance quotes, AML/CFT policy, and supplier/customer references for onboarding.
Do I need hallmarking or assayer approvals?
Yes—precious metal items typically require hallmarking/assayer compliance; maintain traceability, testing records, and calibration certificates.
Can I import/export gold and diamonds from the Park?
Yes—obtain Customs code, secure logistics, valuation papers, origin/Kimberley documentation (for rough), and maintain serialized inventory records.
What banking and compliance are expected?
Enhanced due diligence:UBO proof,AML/KYC program,source of funds checks,responsible sourcing policy and audit-ready inventory reconciliation
Can startups open small workshops first?
Absolutely—start with a compact workshop or kiosk, scale to larger retail units as demand and supplier relationships grow.
How do I renew a Gold & Diamond Park license?
Renew annually: update lease, insurance, AML training logs, calibration certificates, inventory audits, and settle park fees and government renewals on time.
