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Dubai free zone profile

Gold and Diamond Park

A JAFZA-run enclave for jewellery manufacturing and trading. Located in Sheikh Zayed Road, Al Quoz.

From

AED 15,000

Setup

1 to 3 weeks

Ownership

100% foreign

Visas

Scales with unit size

About Gold & Diamond Park

The Gold and Diamond Park on Sheikh Zayed Road is a specialised enclave administered under JAFZA, combining manufacturing workshops, trading offices and a retail mall in one complex. Around 500 jewellery businesses operate here.

Manufacturers get purpose-built workshops with the security, ventilation and power that jewellery production needs, while traders and designers take offices and showrooms in the same building as their workshops sit behind.

Dubai trades a meaningful share of the world's physical gold, and this park is the practical, mid-market counterpart to DMCC's commodity exchange infrastructure: less about vaults and contracts, more about benches, stones and finished pieces.

Licence types at Gold & Diamond Park

  • Trading licence. Gold, diamonds, gemstones and finished jewellery.
  • Industrial licence. Jewellery manufacturing and repair.
  • Service licence. Design, valuation and related services.

Offices and facilities

  • Workshops
  • Offices
  • Retail showrooms in the mall

What Gold & Diamond Park costs

Indicative first-year cost for a trading licence with a small unit. Confirmed quote issued on application. Budget from AED 15,000 for the first year, then add visa allocations, medicals and Emirates ID per person, and workspace if you upgrade beyond the entry package. Renewals typically come in below year-one totals. Our costs page breaks down every line item, and your written quote fixes the numbers before you pay.

Questions

Gold & Diamond Park questions, answered

Can I sell retail from the Gold and Diamond Park?

Yes, the complex includes a retail mall open to the public, and many tenants run a showroom in front of their workshop. Retail units are leased separately from workshops.

Gold and Diamond Park or DMCC for precious metals?

Manufacturers and designers usually fit better here, with physical workshops and retail. Bullion traders, refiners dealing with exchanges and firms needing vault infrastructure lean towards DMCC.

Are there import duties on gold into the park?

As a free zone, goods can enter and re-export without customs duty. Duty applies when pieces move onshore into the UAE market, and we can walk you through the flows before you commit.

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