Dubai is set to introduce the world’s first “Gold Street”, a street built using gold, in the emirate’s newly launched Gold District, Ithra Dubai announced.
While full details will be revealed in phases, the district is already shaping up as a global hub for the gold and jewellery trade.
The Dubai Gold District, dubbed the emirate’s “Home of Gold”, brings together retail, wholesale, bullion, and investment under one destination.
It currently hosts over 1,000 retailers across sectors, including gold, lifestyle, perfume, and cosmetics.
Leading brands such as Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan, and Tanishq Jewellery have established flagship stores, while Joyalukkas plans a 24,000-square-foot store, its largest in the Middle East.
Issam Galadari, CEO of Ithra Dubai, said the district “unites heritage, scale, and opportunity.”
Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment (DFRE), added: “Gold is deeply woven into Dubai’s culture and commerce.
This landmark destination celebrates our legacy while reimagining it for an era of creativity and sustainability.”
Dubai has emerged as a leading global gold hub. Between 2024 and 2025, the UAE exported $53.41 billion worth of gold, with Switzerland, the UK, India, Hong Kong, and Turkey as major trading partners.
The emirate ranks as the world’s second-largest destination for physical gold trading, reflecting its enduring prominence in the global market.
The Gold District and Gold Street are expected to further solidify Dubai’s status as a global center for luxury, trade, and investment in precious metals.
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