Rates are indicative. Always confirm with your jeweler before purchase.Gold Type Per Gram (AED) Per 10g (AED) Per Tola (AED) 24h Change 24 Karat99.9% Pure 611.23 6,112.30 7,129.26 ▲ +0.41% 22 Karat91.6% Pure 560.29 5,602.90 6,535.11 ▲ +0.41% 21 Karat87.5% Pure 534.82 5,348.20 6,238.03 ▲ +0.41% 18 Karat75.0% Pure 458.42 4,584.20 5,346.92 ▲ +0.41% 14 Karat58.3% Pure 356.55 3,565.50 4,158.73 ▲ +0.41%
VAT on Gold in Dubai — Complete Guide
The UAE introduced VAT (Value Added Tax) at 5% in January 2018. Understanding which gold products are taxed — and which aren’t — can save you significant money when buying gold in Dubai.
Refer to our complete buying guide to understand the correct process before making your purchase.
Which Gold Has VAT in Dubai?
| Gold Product | VAT Status | VAT Rate |
|---|---|---|
| Gold Jewelry (rings, chains, bangles) | Taxable | 5% |
| Gold Bars (investment grade) | VAT Exempt | 0% |
| Gold Coins (investment grade) | VAT Exempt | 0% |
| Gold Medallions (jewelry purpose) | Taxable | 5% |
Most 24K investment gold such as bars and coins are VAT exempt in Dubai.
Tourist VAT Refund on Gold Jewelry
Tourists (non-UAE residents) can reclaim the 5% VAT paid on gold jewelry when leaving Dubai. The refund process: (1) Spend a minimum of AED 250 in one transaction, (2) Ask the shop for a Tax-Free tag at the time of purchase, (3) At Dubai International Airport, go to the Planet Tax Free kiosk before check-in, (4) Present your items and receipt for inspection, (5) Receive your refund via cash or card. The refund makes Dubai gold even cheaper than the sticker price for tourists.
This makes Gold Souk shopping even more cost-effective for international visitors.
Is Dubai Cheaper Than UK/India for Gold Despite VAT?
Yes — even after 5% VAT on jewelry, Dubai gold prices remain significantly lower than UK (where VAT is 20%) and India (where import duty + GST adds 18%+). A tourist reclaiming VAT at Dubai airport gets prices that are 10–15% below UK and 7–10% below India.
Use our calculator with VAT option to estimate the final payable amount before checkout.