Live 22K & 24K Gold Price in AED and INR — Updated Every Minute
LIVE
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Source: International Gold Market
⚠️ Disclaimer: GoldRates.ae is not affiliated with Damas. This page shows an estimate based on the international gold price; actual shop prices vary by retailer, including Damas. Making charges vary by branch and design. Always verify with the store before purchasing.
22K · 22 Carat
Hallmark · 916
AED —
—
per gram
Live price
24K
Pure Gold · 999.9
AED —
—
per gram
Live price
21K
Jewellery · 875
AED —
—
per gram
Live price
18K
Classic · 750
AED —
—
per gram
Live price
USD / Troy Oz—
USD → AED3.6725
AED → INR—
22K · 1 Tola—
Damas vs Dubai Gold Souk — Rate Comparison
Factor
Damas
Dubai Gold Souk
Gold Content Rate
AED —/gram
Same international gold price
Making Charges
AED 10–25/gram
AED 3–8/gram ✓
Hallmark Certified
✅ Yes
✅ Yes
VAT on Making
5%
5%
Price Negotiation
Limited
Yes ✓
Exchange Policy
Yes — brand policy ✓
Varies by shop
Certificate of Authenticity
Yes ✓
Varies by shop
The gold value per gram is very similar — making charges are the main difference. Damas may charge higher making fees but offers standardised quality, easier returns and certified authenticity.
Damas Branches in Dubai & UAE
Dubai Mall
Downtown Dubai
Mall of the Emirates
Al Barsha, Dubai
City Centre Deira
Deira, Dubai
Gold Souk, Deira
Al Ras, Deira, Dubai
BurJuman
Bur Dubai, Dubai
Mirdif City Centre
Mirdif, Dubai
Ibn Battuta Mall
Dubai South, Dubai
Abu Dhabi Mall
Abu Dhabi
Yas Mall
Yas Island, Abu Dhabi
City Centre Sharjah
Sharjah
Branch details are approximate. Verify opening hours and locations directly with Damas before visiting. Official site: https://www.damasjewellery.com
About Damas in Dubai
Founded in 1907 in Damascus, Syria (now headquartered in Dubai), Damas is one of the most recognised jewellery brands among the UAE's large South Asian expat community. With 70+ stores across the UAE, it serves both UAE nationals and the broader expat community, particularly those seeking contemporary Arabic and international jewellery designs. The brand is particularly known for contemporary fine jewellery, Arabic calligraphy designs, diamond collections and 18K white and yellow gold.
Like other UAE gold retailers, Damas prices gold from the international gold price. Making charges are added per design and differ by store.
How to Get the Best Rate at Damas Dubai
Check the live gold rate on GoldRates.ae before visiting — gold prices follow the international gold price
Focus negotiation on making charges, not the gold rate
Ask specifically "what is the making charge per gram?" before selecting designs
Compare making charges across 2–3 branches — they can vary
Keep your purchase receipt and certificate for future exchange or resale
Tourists can claim 5% VAT refund at the airport (minimum purchase AED 250)
FAQs — Damas Gold Rate Dubai
What is the Damas gold rate in Dubai today? ▾
The Damas gold rate in Dubai today is AED —/gram for 22K and AED —/gram for 24K. The gold value per gram is similar across UAE retailers including Damas; making charges differ by store.
Is Damas gold rate cheaper than the Dubai Gold Souk? ▾
The gold value per gram is very similar — both price gold from the international gold price. The difference is making charges. Gold Souk shops typically charge AED 3–8 per gram, while Damas charges AED 10–25 per gram. For investment gold, Gold Souk is cheaper. For certified branded jewellery with exchange policy, Damas offers added value.
How many Damas stores are in the UAE? ▾
Damas has 70+ stores across the UAE including locations in Dubai, Abu Dhabi and Sharjah. See the full branch list above.
Can I use the GoldRates.ae calculator for Damas purchases? ▾
Yes. The gold value calculator shows the exact gold content value for any weight. Add the making charge separately (ask Damas for their per-gram making charge) to get your total cost estimate before visiting.
Does Damas sell investment gold bars and coins? ▾
Some Damas branches carry investment gold products alongside jewellery. For dedicated investment gold (bars and coins), specialist bullion dealers typically offer tighter premiums. Use our UAE gold investment guide to compare your options.
Disclaimer: GoldRates.ae is an independent gold price information site. We are not affiliated with, endorsed by, or connected to Damas or any of its subsidiaries. All gold rates shown are estimates based on the international gold price. Actual prices at Damas stores will include making charges. Always verify the current rate directly with the store before purchasing.