Photo Crediet : Dubai Gold District
Dubai is set to construct the world’s first street made of gold, a landmark project to be developed within the emirate’s newly launched Gold District.
The announcement was made as Ithra Dubai officially unveiled the Gold District, with further details on the gold-built street expected to be revealed in phases.
The launch comes as the UAE continues to strengthen its position as a global gold trading hub. Between 2024 and 2025, the country exported approximately $53.41 billion worth of gold, with key trading partners including Switzerland, the United Kingdom, India, Hong Kong, and Turkey. During this period, the UAE ranked as the world’s second-largest destination for physical gold trading.
Dubai Gold District
Positioned as Dubai’s new “Home of Gold”, the Gold District is designed as a comprehensive destination for everything related to gold and jewellery. It brings together retail, bullion, wholesale trade, and investment activities within a single integrated hub.
The district is home to more than 1,000 retailers spanning multiple sectors, including gold, jewellery, perfumes, cosmetics, and lifestyle products. Established brands such as Jawhara Jewellery, Malabar Gold and Diamonds, Al Romaizan, and Tanishq Jewellery are already operating in the district.
Adding to the expansion, Joyalukkas has announced plans to open a 24,000-square-foot flagship store, which will be its largest outlet in the Middle East.
Issam Galadari, CEO of Ithra Dubai, said the Gold District “unites heritage, scale and opportunity,” reflecting Dubai’s long-standing relationship with gold and trade.
Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment, part of the Dubai Department of Economy and Tourism, said gold is deeply embedded in Dubai’s cultural and commercial identity.
“Gold is deeply woven into the cultural and commercial fabric of Dubai, symbolising our heritage, prosperity, and enduring spirit of enterprise,” he said. “Through this landmark destination, we not only celebrate that legacy but also reimagine it for a new era shaped by creativity and sustainability.”
