Dubai Gold & Diamond Park
Gold & Diamond Park is a Dubai-based free zone with packages starting from AED 11,500, supporting up to 4 visa allocations, and easy banking access. Dubai Gold & Diamond Park is a purpose-built jewelry and precious metals free zone on Sheikh Zayed Road, regulated by JAFZA. Featuring 118 manufacturing units and 37 retail shops, it provides a secure, integrated environment for the entire jewelry value chain — from raw gemstone trading and gold refining to jewelry manufacturing and luxury retail. The park's premium location on Sheikh Zayed Road, combined with 24/7 security, secure vaults, and a 50-year tax exemption, makes it the premier destination for precious metals businesses in the Gulf region.
From
AED 11,500
Established
2011
Companies
350
Max Visas
4
Banking
Easy
Gold & Diamond Park Packages & Pricing
| Package | License | Visas | Office | Year 1 Total | Renewal |
|---|---|---|---|---|---|
| 0 Visa (Virtual Office) | AED 5,500 | 0 | Virtual Address | AED 11,500 | AED 10,500 |
| 1 Visa (Flexi Desk) | AED 5,500 | 1 | Flexi Desk | AED 21,340 | AED 20,340 |
| 2 Visas (Dedicated Desk) | AED 5,500 | 2 | Dedicated Desk | AED 31,180 | AED 30,180 |
| 3 Visas (Private Office) | AED 5,500 | 3 | Private Office | AED 41,020 | AED 40,020 |
Pros & Cons
What we like
- Purpose-built jewelry infrastructure — 118 manufacturing units, secure vaults, gem-testing labs, and dedicated retail souk
- Prime Sheikh Zayed Road location with high visibility and easy access for clients and customers
- 24/7 security with advanced surveillance, making it ideal for high-value goods storage and trading
- Backed by JAFZA — access to established legal framework, banking relationships, and administrative support
- 50-year tax exemption: zero customs duties, zero income tax, 100% profit repatriation
- Full value chain support — from raw material sourcing and manufacturing to retail and export
- Variety of license types: trading, industrial, retail, service, e-commerce, and national industrial
Watch out for
- Strictly jewelry and precious metals niche — no flexibility for non-related activities
- Retail units are fully leased with long waiting lists — new entrants may only access manufacturing or trading spaces
- Pricing not publicly disclosed — costs require direct engagement with JAFZA
- Limited space availability — the park is compact and expansion options are constrained
- Higher operational costs than general-purpose free zones due to specialized security and infrastructure
Visa Information
Max Quota
4 visas
With an office or shop, up to 3–4 visas are common. Manufacturing units may support more.
Processing Time
14 days
Renewal Cost
AED 3,500
Every 2 years
Dependent Visa
AED 2,000
Available Visa Types
Visa Cost Breakdown
Employee Visa
AED 3,000
Investor Visa
AED 3,500
Medical Standard
AED 420
Emirates ID Typing
AED 420
In Country Status Change
AED 1,700
Approximately 2 weeks through Dubai Trade
Banking
Partner Banks
Banking is easy thanks to JAFZA backing and Dubai location. FAB, Emirates NBD, ADCB, and Mashreq all serve GDCP clients. Account onboarding takes approximately 1–2 months with full documents. Precious metals companies may face enhanced AML/KYC checks.
Features
Mainland Trading
Free zone entity. Retail within the park is permitted. Mainland branch possible under Resolution No. 11 of 2025.
Physical Office Required
Dual License Allowed
Crypto Friendly
Not applicable — jewelry and precious metals focus. No tokenized gold or crypto asset activities.
Shared Ownership
Free Zone to Mainland
Online Portal
Co-working Available
Audit Required
Annual audit required under JAFZA regulations. Precious metals companies must also comply with AML reporting and Dubai Multi Commodities Centre (DMCC) good delivery standards where applicable.
Share Capital Requirement
AED 50,000 (FZCO typical)
Location
Recent Developments
- 50-year tax exemption continues — zero customs duties and income tax for all tenants
- Enhanced security infrastructure with new vault facilities and 24/7 surveillance upgrades
- Growing e-commerce jewelry activity with dedicated digital trading licenses
- Increased AML compliance requirements for gold and precious metals dealers in line with FATF guidelines
Frequently Asked Questions
What is the Dubai Gold & Diamond Park?
The Dubai Gold & Diamond Park is a purpose-built jewelry and precious metals free zone on Sheikh Zayed Road, regulated by JAFZA. It features 118 manufacturing units and 37 retail shops, providing a secure and integrated environment for gold trading, diamond dealing, jewelry manufacturing, and luxury retail.
How much does a Dubai Gold & Diamond Park license cost in 2026?
The JAFZA license fee is AED 5,500 flat for FZE/FZCO. An establishment card/administrative fee adds approximately AED 10,000 (FZE) or up to AED 15,000 (FZCO). Office or shop rent is the main cost — small units run AED 10,000–20,000 per month. Total Year 1 with flexi desk and 1 visa is approximately AED 21,340.
What types of businesses operate in the Gold & Diamond Park?
The park hosts jewelry manufacturers, gold and diamond traders, gemstone wholesalers, precious metals refiners, watch dealers, and luxury jewelry retailers. License types include Trading, Manufacturing, Retail, Service, E-Commerce, and National Industrial — all related to jewelry and precious metals.
Is the Dubai Gold & Diamond Park the same as the Gold Souk?
No. The Gold & Diamond Park is a JAFZA-regulated free zone on Sheikh Zayed Road focused on B2B trading and manufacturing. The Gold Souk in Deira is a traditional retail market. The park does include 37 retail shops but is primarily a wholesale and manufacturing hub.
What security does the Gold & Diamond Park provide?
The park features 24/7 security with advanced surveillance systems, secure vaults for precious metals and gemstone storage, and controlled access to manufacturing and trading areas — essential for businesses dealing with high-value goods.
Are retail spaces available in the Gold & Diamond Park?
The 37 retail shops in the park are fully leased with long waiting lists. New entrants typically access manufacturing units, trading offices, or flexi desk arrangements. Contact JAFZA directly for availability updates.
What are the banking requirements for Gold & Diamond Park companies?
Banking is easy thanks to JAFZA backing and Dubai location. FAB, Emirates NBD, ADCB, and Mashreq all serve GDCP clients. Account onboarding takes approximately 1–2 months with full documents. Precious metals companies may face enhanced AML/KYC checks.
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Starting From
AED 11,500 /yr