Dubai to Build World's First 'Gold Street' in New Gold District
World
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News18•29-01-2026, 17:38
Dubai to Build World's First 'Gold Street' in New Gold District
- •Dubai unveils plans for the world's first 'Gold Street' within the newly launched Dubai Gold District, aiming to redefine luxury retail and global gold trade.
- •Developed by Ithra Dubai, the Gold Street will be a centerpiece of a purpose-built destination uniting the entire gold and jewellery value chain, from retail to investment services.
- •The UAE exported approximately $53.41 billion worth of gold in 2024–25, making it the world’s second-largest physical gold trading destination, highlighting Dubai's central role.
- •The Gold District already hosts over 1,000 retailers, including major brands like Jawhara Jewellery, Malabar Gold & Diamonds, Al Romaizan, Tanishq, and a new Joyalukkas flagship store.
- •Supporting infrastructure includes over 1,000 hotel rooms and improved transport, positioning the district as a hub for shoppers, traders, investors, and tourists.
Why It Matters: Dubai is set to launch the world's first 'Gold Street' as part of a new Gold District, solidifying its global gold trade hub status.
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