24K Gold Bar 10g (999.9)
The cleanest way to buy gold at near-spot: no VAT, tiny premiums, trusted refiners — the Dubai-vs-India gap remains meaningful even after Indian import duty if declared correctly.
Price: 4890 AED (10g x 24K rate (~AED 487.5/g on 2026-07-03) + small bar premium of ~AED 10-15)
Where to buy: Bullion counters in Deira Gold Souk and Gold & Diamond Park; banks and Sharaf DG kiosks also sell minted bars
Price checked 2026-07-03
- Investment-grade gold (99%+ purity) is zero-rated in the UAE — no VAT charged, so no refund needed
- CRITICAL for Indian travelers: bars and coins have ZERO duty-free allowance regardless of stay duration — you must declare and pay ~6% concessional duty (max 1kg/person); factor this in before assuming the full 19% saving
- Buy only sealed, serial-numbered bars with invoice; keep the invoice for customs at both ends
- Price moves with the live rate — the sourceUrl rate page is the thing to re-check, not a store listing