Dubai to Build World's First 'Gold Street' in New Gold District

• Dubai unveils plans for the world's first 'Gold Street' within the newly launched Dubai Gold District, aiming to redefine luxury retail and global gold trade.
• Developed by Ithra Dubai, the Gold Street will be a centerpiece of a purpose-built destination uniting the entire gold and jewellery value chain, from retail to investment services.
• The UAE exported approximately $53.41 billion worth of gold in 2024–25, making it the world’s second-largest physical gold trading destination, highlighting Dubai's central role.
• The Gold District already hosts over 1,000 retailers, including major brands like Jawhara Jewellery, Malabar Gold & Diamonds, Al Romaizan, Tanishq, and a new Joyalukkas flagship store.
• Supporting infrastructure includes over 1,000 hotel rooms and improved transport, positioning the district as a hub for shoppers, traders, investors, and tourists.

Why It Matters: Dubai is set to launch the world's first 'Gold Street' as part of a new Gold District, solidifying its global gold trade hub status.