Stalls of golden ingots that line both sides of the streets of Deira have helped Dubai, the commercial hub of the UAE to win for itself the coveted title of the “City of Gold”. Even from a distance the windows of these shops glisten as they are adorned with chiming bangles, dangling earrings and studded necklaces. For over five decades the Iranian and Indian merchants have worked in unison with the local traders in this industry and in this locality. The prices are relatively less compare to most other gold markets in the world, which is why those who holiday in Dubai never miss an opportunity to visit the Gold Souk.

The numbers of people holidaying plus a few thousand of the locals at any given time make the golden downtown a bustling territory that should not be accessed by car, for parking can be cumbersome. Instead take an innovative water taxi from the Bur Dubai Creek. Once you disembark from the water craft one will involuntarily be drawn towards the many shops and shacks that sell gold by the weight. Regardless of whether you are procuring the ingots to wear for a wedding, give as a gift or for casual wear there will be a bunch of varied novel designs that will send you into a frenzy of delight.

As an investment you can purchase slabs of gold, coins or biscuits of good quality carat ranging from 18K to 24K. Do not forget to bargain when you purchase jewellery as they do discount the craftsmanship’s costs though they stubbornly resist any reductions to the price of the gold in weight! Certain outlets exchange old jewellery items for newer designs after verifying the caratage and there is also the possibility of designing your own ornate pieces of jewellery and getting them crafted.

From the comforts of a Dubai luxury hotel you can easily step out to visit this golden arcade. Most of the 5 star hotels Dubai are located in well networked areas so that you can get to a water taxi fairly fast. Grand Millennium Dubai has some prime facilities in addition to a superior location offering a truly memorable stay.