Sell gold in Dubai: what you need to know first
Whether you want to take profit, raise cash or rebalance your savings, three things decide how well the sale goes: knowing the value of your gold, understanding the buyer’s margin, and choosing a buyer who tests transparently and pays traceably.
Today’s value of your gold
The table shows the live value of gold per gram, tola, ounce and kilo. This is the reference every honest offer starts from.
Gold value when you sell today AED / USD
Loading live price… Updated:
| Purity | Per gram | Per tola (11.66 g) | Per troy ounce (31.10 g) | Per kilo |
|---|---|---|---|---|
| 24K 999.9 | —— | —— | —— | —— |
| 24K 995 | —— | —— | —— | —— |
Live spot value of the gold content. Buyers deduct a margin when you sell.
All purities and a chart are on the gold selling rate today page. For your exact items, use the gold value calculator.
How buyers calculate an offer
fine gold weight × live price − buyer’s margin
| Item | Typical margin | Why |
|---|---|---|
| Sealed bar, recognised brand | Lowest | Quick to verify and resell |
| Unsealed bar, recognised brand | Low | Needs testing |
| Bullion coins | Low to moderate | Depends on coin and condition |
| Unknown brand or damaged bar | Higher | May need assay or refining |
How selling usually works
- Get indicative offers. Send a photo, the weight and the brand of your gold to two or three buyers.
- Visit the buyer. Your gold is weighed and tested in front of you.
- Receive a firm offer, calculated from the live rate at that moment.
- Complete the ID check required by UAE law.
- Get paid by a traceable method and keep the purchase receipt.
What you can sell
| Gold | Examples | Guide |
|---|---|---|
| Gold bars | 1 g to 1 kg, minted or cast | Sell bars and coins |
| TT bars and biscuits | 10 tola, 1 tola, 100 g | Sell bars and coins |
| Bullion coins | Krugerrand, Maple Leaf, sovereign | Sell bars and coins |
| Raw gold and doré | For miners, exporters and businesses | Raw gold and doré |
Where sellers go
Bullion buyers are concentrated around the Gold Souk in Deira, with others in gold centres, malls and business districts. See sell gold near me and how to sell gold in Dubai to compare options.
Frequently asked questions
What gold can I sell in Dubai?
Bars of any size, TT bars and biscuits, bullion coins and, for businesses, raw gold and doré. Jewellery is usually sold to jewellers rather than bullion buyers.
How is an offer for my gold calculated?
Fine gold weight × live gold price, minus the buyer’s margin. Recognised, sealed bars get the smallest margins.
How do I get a quick indicative offer?
Many buyers accept a photo of the item with its weight and brand, then confirm a firm offer after testing in person.
How will I be paid?
Usually by bank transfer; some buyers pay in cash within legal limits. UAE rules require buyers to report transactions of AED 55,000 or more in cash or by wire transfer.
Do I need ID to sell gold?
Yes. Buyers must see your Emirates ID or passport for every sale. Larger sales may require proof of ownership or origin.
Can I sell gold without a receipt?
Often yes, after testing and a signed declaration of ownership. A receipt or certificate makes the process faster. See the selling FAQ.