Gold and Diamond Park
Gold and Diamond Park — Jewelry Manufacturing & Bullion Trading Free Zone, Established 2001
What is Gold and Diamond Park?
118,000 m² jewelry manufacturing and retail complex on Sheikh Zayed Road with 90+ retailers, 350 brands, and 118 manufacturing blocks.
118,000 m² jewelry manufacturing and retail complex on Sheikh Zayed Road with 90+ retailers, 350 brands, and 118 manufacturing blocks.
Key Features & Benefits
- 100% foreign ownership
- Manufacturing and retail in one location
- 90+ retailers, 350 brands
- 118 manufacturing blocks, 350 offices
- 3km from Mall of the Emirates
Pricing & Costs
Contact for pricing Year 1 costs, renewals, and multi-year discounts
Pricing & Costs
Contact for pricingYear 1 costs, renewals, and multi-year discounts
Pricing
Gold and Diamond Park — Year 1 Fees
License Packages ⓘ
Contact for Pricing
- Contact the free zone directly for current license packages and pricing
💡 Multi-year licenses (2–3 years) are eligible for a 15–20% discount when paid upfront.
Government Immigration Fees ⓘ
Renewal Fees ⓘ
All prices are in AED and exclude 5% VAT where applicable. Prices may change — verify directly with the freezone authority before making decisions. Last verified: 12 February 2026
Setup & Documents
5-14 days Step-by-step process, timeline, and required documents
Setup & Documents
5-14 daysStep-by-step process, timeline, and required documents
Setup Roadmap
Your journey from application to fully operational business.
Choose Business Activity
Select your business activity and license type from Gold and Diamond Park's approved list
Reserve Trade Name
Submit trade name application for approval
Submit Documents
Upload passport copies, application form, and supporting documents
Pay License & Registration Fees
Complete payment for license and registration fees to Gold and Diamond Park
Receive Trade License
License issued after document verification and payment confirmation
Apply for Visa & Open Bank Account
Submit visa application and business bank account opening
You're Open for Business!
Document Checklist
Everything you need to register your company with Gold and Diamond Park.
Individual Shareholders
5 documents
- Valid passport (6+ months validity)
- Passport-size photograph
- Emirates ID (if UAE resident)
- Proof of address (utility bill <3 months)
- NOC from current sponsor (if applicable)
Corporate Shareholders
7 documents
- Certificate of Incorporation
- Memorandum & Articles of Association
- Board resolution authorizing UAE setup
- Valid passport of authorized signatory
- Share certificate
- Good standing certificate
- Apostilled/attested documents (if outside GCC)
- Passport copies must show at least 6 months validity from application date
- Documents from outside the GCC may require apostille or attestation
- Upload high-quality colour scans — minimum 300 DPI
- Corporate documents should be certified as true copies
Banking & Payments
2/5 ease · 3 partner banks Bank account opening, partner banks, and payment setup
Banking & Payments
2/5 ease · 3 partner banksBank account opening, partner banks, and payment setup
Banking
Corporate bank account opening with guaranteed IBAN.
Partner Banks
Emirates NBD
Major UAE bank with comprehensive business banking
Mashreq Bank
Digital-first banking with StartUp packages
RAKBANK
SME-friendly banking solutions
Documents Needed
- Apply to 2–3 banks simultaneously to maximise approval chances
- Prepare a clear business plan explaining your revenue model
- Have 3–5 sample contracts or invoices ready — even drafts work
- Consider digital banks like Wio for faster approval and zero minimum balance
Not sure if Gold and Diamond Park is right for you?
Talk to an unbiased FreezoneMatch advisor. We'll help you compare options, avoid hidden costs, and find the best fit — completely free.
Why Gold and Diamond Park?
8 key advantages Key advantages that set this free zone apart
Why Gold and Diamond Park?
8 key advantagesKey advantages that set this free zone apart
Why Gold and Diamond Park?
What makes this free zone stand out.
5-14 Day Setup
Standard company formation timeline. In-person visit required for document submission.
3 Partner Banks
Banking rated 2/5 (Challenging). Account opening typically takes 2-4 weeks.
Up to 15 Visas
2 years validity. Dependents allowed. Flexible allocation based on package.
0% Corporate Tax
On qualifying free zone income (QFZP status). 100% foreign ownership with full capital repatriation.
Mainland Trading Access
Multiple pathways to the mainland market including DET Permit and branch licensing.
Dubai Location
Located in Sheikh Zayed Road area, near Mall of the Emirates and Dubai Internet City
Manufacturing and retail in one location
A key advantage of setting up your business in Gold and Diamond Park.
90+ retailers, 350 brands
A key advantage of setting up your business in Gold and Diamond Park.
- Jewelry Manufacturing companies and businesses
- Bullion Trading companies and businesses
- Gemstone Trading companies and businesses
- Jewelry Retail companies and businesses
- Solo freelancers or consultants (more affordable options exist)
- Virtual office seekers (physical office lease is mandatory)
- Businesses seeking transparent, publicly available pricing
- Businesses needing warehouse or industrial facilities
Reviews
4.5★ (4,237 reviews) Customer reviews and alternatives
Reviews
4.5★ (4,237 reviews)Customer reviews and alternatives
A great place for buying gold and diamond jewelry with plenty of options under one roof. The shops offer beautiful designs, good quality, and transparent pricing. The atmosphere is calm and well-organized, making it easy to browse without feeling rushed. Staff across the stores are generally helpful and knowledgeable. Convenient location and a trusted spot for jewelry shopping in Dubai.
Parking is 10aed/ hour. Half hour is free. Once you validate the ticket you have ten minutes to exit. Tickets can be payed via ticket machines in building 1,4 & 6. Also can be paid via visa card at the exit near building 6. Gold and jewellery shops are only on ground floor of building 1 & 4. In other buildings mostly backend offices for these shops.
Visited this place after reading reviews, but i will give the reality. 1. There are mostly gems n diamonds. There are a lot of good designs and collections. 2. Gold collection is very limited and very hard to find 22k. 3. Do not forget to visit all the shops and take the best rate and check all the collections. 4. Do all the calculations by yourself on your phone as well, sometimes its not what they write like the snapshot i added. The shopkeeper, after all the calculations, gave me 10850. But when i did calculations on my mobile, i got 10460. Upon asking, we did the calculations together, and we got 10460. And then the best thing he came up with was that it was a typo, a typo! We ended up buying from another shop. 5. The best thing is that shopkeepers are not pushy, and they give all the time needed to make the sale.
An excellent destination for jewelry shopping! The variety of stores, craftsmanship, and customization options are truly impressive. The staff across the shops are professional, transparent, and helpful, making the entire experience smooth and enjoyable. Whether you’re looking for gold, diamonds, or custom-made pieces, this is one of the best places in Dubai to get great value and quality. Highly recommended!
Gold and Diamond Park has become my go-to place for jewelry shopping. There’s a huge variety of beautiful collections, and it’s so much closer to where I stay compared to the Old Gold Souk. The shops are easy to browse, the atmosphere is relaxed, and I always find something I love. Truly a great spot for quality pieces without the long trip—love it!
Review data as of 29 March 2026. For the latest reviews, visit Google Maps.
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Reviews shown on Google Maps are from verified visitors and updated in real-time by Google.
Is Gold and Diamond Park Right for You?
✅ Choose Gold and Diamond Park if you...
- • jewelry Manufacturing companies and businesses
- • bullion Trading companies and businesses
- • gemstone Trading companies and businesses
- • jewelry Retail companies and businesses
🔄 Consider alternatives if you...
- • solo freelancers or consultants (more affordable options exist)
- • virtual office seekers (physical office lease is mandatory)
- • businesses seeking transparent, publicly available pricing
- • businesses needing warehouse or industrial facilities
Compare with Similar Freezones
FAQ
7 common questions Common questions about setting up in this free zone
FAQ
7 common questionsCommon questions about setting up in this free zone
Frequently Asked Questions
Common questions about setting up in Gold and Diamond Park.
How much does it cost to set up in Gold and Diamond Park?
How long does it take to set up a company in Gold and Diamond Park?
How many visas can I get with Gold and Diamond Park?
Can I sell to mainland UAE customers with a Gold and Diamond Park license?
Do I pay corporate tax in Gold and Diamond Park?
Do I need a physical office in Gold and Diamond Park?
How do I open a bank account with a Gold and Diamond Park license?
FreezoneMatch provides comparison tools based on publicly available data. We are not affiliated with Gold and Diamond Park. Costs and regulations change — always confirm directly with the freezone authority before making decisions.
Not sure if Gold and Diamond Park is right for you?
Talk to a FreezoneMatch advisor — we don't work for any freezone, so you'll get honest, unbiased guidance to find the best fit for your business.
Or contact Gold and Diamond Park directly