The Gold & Diamond Park is Dubai's dedicated hub for the jewelry, gold, and gemstone industry, strategically located along Sheikh Zayed Road. Established in 2001, the park is home to over 90 manufacturers and 350 retailers, making it one of the most concentrated jewelry trade clusters in the world. The facility combines retail outlets, manufacturing workshops, and office spaces within a single secure complex, offering businesses across the precious metals and gemstones value chain a prestigious and convenient location. Governed by the Dubai Development Authority (DDA), the Gold & Diamond Park enables companies to benefit from Dubai's position as a global hub for gold and precious stones trading, with proximity to DMCC's Dubai Gold Exchange and DAFZA's established diamond trade infrastructure.
About Gold & Diamond Park
The Gold & Diamond Park is Dubai's dedicated hub for the jewelry, gold, and gemstone industry, strategically located along Sheikh Zayed Road. Established in 2001, the park is home to over 90 manufacturers and 350 retailers, making it one of the most concentrated jewelry trade clusters in the world. The facility combines retail outlets, manufacturing workshops, and office spaces within a single secure complex, offering businesses across the precious metals and gemstones value chain a prestigious and convenient location. Governed by the Dubai Development Authority (DDA), the Gold & Diamond Park enables companies to benefit from Dubai's position as a global hub for gold and precious stones trading, with proximity to DMCC's Dubai Gold Exchange and DAFZA's established diamond trade infrastructure.
Key Information
| Zone Name | Gold & Diamond Park |
| Emirate | Dubai |
| Setup Cost | From AED 25,000 |
| Visa Quota | Flexible |
| Min. Capital | None |
| Setup Time | 7-10 business days |
Costs & Fees
| License Fee / Setup Cost | From AED 25,000 |
| Minimum Share Capital | None |
Cost Notes
All costs shown are approximate and subject to change. Additional costs may include registration fees, notarisation, visa medical fees, and bank account opening fees. Always verify the exact costs with Gold & Diamond Park directly before proceeding.
Permitted Business Activities
The above activities are indicative. Gold & Diamond Park may permit additional activities based on your specific business requirements. Always confirm with the zone authority.
How to Set Up in Gold & Diamond Park
- Choose your business activityIdentify the specific business activities you want to conduct. This determines the license type you need.
- Select your packageChoose between flexi-desk, shared office, or dedicated office options based on your needs and budget.
- Submit your applicationProvide required documents including passport copies, business plan, and completed application forms.
- Pay fees and receive your licenseOnce approved, pay the applicable fees and receive your trade license — typically within 7-10 business days.
- Apply for visasUse your trade license to apply for investor and employee visas through the free zone authority.
- Open a bank accountUse your incorporation documents to open a corporate bank account with a UAE or international bank.