Best UAE Free Zone for Jewellery and Diamond Businesses 2026
UAE — particularly Dubai — is one of the world most important gold and diamond trading centers. Jewellery businesses, diamond traders, and gold dealers have excellent options for UAE free zone setup. Here is the 2026 guide.
In this guide:
Dubai Jewellery Market Overview
- Dubai Gold and Diamond Park: Dedicated jewellery manufacturing and trading hub
- Dubai Gold Souk (Deira): One of the world largest gold markets
- UAE imports USD 30B+ in gold annually (one of world top gold import hubs)
- UAE is a significant diamond trading center (routed through DMCC)
- UAE is exempt from Kimberley Process complications for many diamond transfers
Best UAE Free Zones for Jewellery and Diamond Businesses
1. DMCC (Dubai Multi Commodities Centre) — Best for Diamond Trading
DMCC is the primary hub for diamond trading in UAE:
- Dubai Diamond Exchange (DDE) operates within DMCC
- Kimberley Process certification office within DMCC
- Diamond-specific licences and trading infrastructure
- Cost: AED 30,000-50,000 year 1
2. Dubai Gold and Diamond Park (DGDP) — Best for Jewellery Manufacturing
- Purpose-built zone for gold and diamond manufacturing and retail
- On-site showrooms and manufacturing units
- Import/export procedures for precious metals streamlined
3. IFZA — Best Budget for Jewellery Consultants and Traders
- Activities: Jewellery trading, gemstone trading
- Cost: AED 18,900
- Note: Physical precious metal import/export may require additional approvals and Dubai Customs procedures
UAE Gold and Diamond Regulations
- DMCC Responsible Sourcing: DMCC members must comply with DMCC Responsible Sourcing Standards for gold and diamonds
- Kimberley Process Certification Scheme (KPCS): Required for rough diamond import/export
- UAE gold hallmarking: Mandatory under ESMA standards for jewellery sold in UAE
- Anti-Money Laundering: Gold and diamond dealers must register as DNFBPs (Designated Non-Financial Businesses and Professions) with the UAE AML register