How is the price of gold jewellery calculated in Dubai?
Price = (gold weight × gold rate for the karat) + making charges + stones, plus 5% VAT. Gold rates in Dubai follow the international price closely; making charges are set by each shop and are usually quoted per gram.
What is today's 22K gold rate in the UAE?
About AED 419.29 per gram for 22K and AED 457.74 per gram for 24K, as of Oct 30, 2026, 21:55 UTC (international price in dirhams (no import duty on gold)). The calculator starts with these rates; replace them with your jeweller's rate if it differs.
Is VAT charged on making charges in the UAE?
Yes. VAT of 5% is charged on the full price of the jewellery — the gold, the making charges and any stones. Investment gold (bars and coins of 99% purity or more) is treated differently: it is generally zero-rated, so ask for a VAT-free invoice when buying bullion.
Can tourists get the VAT back?
Yes. Visitors can reclaim the 5% VAT on jewellery when they leave the UAE through the tax-free shopping scheme at the airport, minus a processing fee. Ask the shop to register the purchase for a tax refund when you pay.
Are making charges negotiable in Dubai?
Often, yes — particularly in the Gold Souk and on plain designs. Shops also run promotions with reduced or zero making charges on selected pieces. The gold itself is priced at the day's rate, so negotiation is about the making charge.