Dubai Announces Groundbreaking Gold-Paved Street in New Jewellery Hub
In a bold move to enhance its global appeal, Dubai is preparing to launch the world's first street constructed entirely of gold. This innovative project will be a centrepiece of the newly established Dubai Gold District, a purpose-built area designed to attract tourists and shoppers from around the world. The announcement was made by property developer Ithra Dubai, with further details to be revealed in phases, according to the Dubai Media Office.
A Cultural and Commercial Landmark
Ahmed Al Khaja, CEO of the Dubai Festivals and Retail Establishment, emphasised the significance of gold in Dubai's heritage. "Gold is deeply woven into the cultural and commercial fabric of Dubai, symbolising our heritage, prosperity, and enduring spirit of enterprise," he stated. "Through this landmark destination, we not only celebrate that legacy but also reimagine it for a new era shaped by creativity and sustainability." The district aims to blend tradition with modern innovation, positioning Dubai as a leader in the luxury market.
Expansive Retail and Hospitality Offerings
The Dubai Gold District will feature an impressive array of amenities, including:
- Over 1,000 retailers specialising in gold, jewellery, perfumery, and cosmetics.
- Six new hotels to accommodate international visitors.
- Proximity to the historic Gold Souk, one of Dubai's oldest traditional markets known for its glittering ornaments.
This development is strategically located next to the Gold Souk, creating a seamless experience for shoppers exploring both traditional and contemporary offerings. According to reports from Time Out Dubai, the district is set to become a major hub for global trade, leveraging Dubai's strong export record—in 2024–25, the country exported approximately £38.8 billion worth of gold to key markets such as Switzerland, the UK, and India.
Driving Economic Growth and Global Trade
Issam Galadari, CEO of Ithra Dubai, highlighted the broader economic impact of the project. "With the launch of Dubai Gold District, we are advancing a significant new chapter in the city's gold and jewellery landscape," he said. "By uniting heritage, scale, and opportunity, the District brings together a significant and diverse ecosystem of traders, investors, retailers, and global brands, serving shoppers and visitors across international markets and key global trade corridors." This initiative is expected to boost Dubai's economy by attracting investment and enhancing its reputation as a premier destination for luxury goods.
The gold-paved street represents a unique fusion of art, commerce, and tourism, setting a new standard for urban development. As Dubai continues to innovate, this project underscores its commitment to sustainability and creativity in redefining global retail experiences. Visitors can look forward to an unparalleled shopping environment that celebrates the emirate's rich history while embracing future trends.
