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Dubai Gold and Diamond Park is a jewellery free zone developed by Emaar Malls Group, where Jafza handles licensing, registration and visas. There is no published fee list for the park. Companies here hold Jafza licences, and Jafza licences start at AED 5,000 a year, licence only. The lease on your showroom or workshop is the bigger cost and is quoted per unit. It suits jewellers who want a retail showroom or a workshop with a free zone licence.
How licensing works in the park
The park does not run its own licensing office. When Jafza signed an agreement with Emaar Malls, the Dubai Media Office release of set out the split:
- Emaar Malls Group develops the park and leases the units.
- Companies are governed by Jafza Free Zone Rules, including licensing and fee structures.
- Jafza handles licences, registration and visas.
So for most practical questions (company type, share capital, activities, visa process) the answer comes from Jafza's rulebook, not from a separate park authority. The same release said the park had over 90 retailers and brands at the time.
Jafza's current guides back this up. Its Renew License guide tells Gold & Diamond Park companies to bring a No Objection Certificate from the Gold & Diamond Park Authority, so the licence you renew each year is a Jafza one and the park signs off on it.
What a Dubai Gold and Diamond Park licence costs
| Cost | Status |
|---|---|
| Park-specific licence fee | Not published |
| Jafza licence fee | From AED 5,000 a year, licence only |
| Renewal | A Jafza renewal, with a No Objection Certificate from the Gold & Diamond Park Authority |
| Jafza employment visa entry permit | AED 2,378, normal, one year |
| Unit rent (showroom, workshop, office) | Not published, quoted by unit |
Source: Jafza business licence page, Renew License guide and visa entry permit guide, and the Dubai Media Office release, checked .
The Jafza figures are a floor, not a package. They do not include the lease, which is where a jewellery business spends most of its setup money.
What setup agents publish
Setup agencies publish a Dubai Gold and Diamond Park licence or starting setup at about AED 5,000 to AED 25,000 (published prices of 3 agencies, checked ). They disagree, and they are not pricing the same thing:
| End of the range | What that agent prices |
|---|---|
| Low, from AED 5,000 | The Jafza licence alone, with a one-time registration, the lease and visas on top |
| High, up to AED 25,000 | A retail licence only, no lease |
Source: published prices of three setup agencies, checked .
The third agent gives a single setup figure that sits between the two ends. The agent behind the high end also prices a whole small retail outlet, lease and capital included, but no second agent gives a figure like it, so we leave it out. None of these numbers is our price. Ask for the lease figure first, because it decides the budget.
What moves the price
- Showroom or workshop. A street-facing retail unit costs more to rent than a back-of-house workshop or office.
- Activities. Retail sale of jewellery, manufacturing and wholesale trading of gold or stones can sit under different Jafza licence types. Jafza's trading licences come in tiers by the number of activity groups.
- Share capital. One agency quotes a minimum. Jafza says FZE and FZCO companies have no minimum, provided capital fits the activity. Ask for the figure in writing.
- Visas. Sales staff, goldsmiths and a manager each need a visa through Jafza.
Which licence types and company forms does Gold and Diamond Park offer?
Because Jafza rules apply, the usual Jafza forms are open to you: an FZE with one shareholder, an FZCO with 2 to 50 shareholders, or a branch of an existing company. A branch suits a foreign jeweller testing the Dubai market under its own name.
Setup steps
- Pick the unit you want in the park and get an offer from the landlord side.
- Apply to Jafza with your activities and company type.
- Sign the lease and submit your company documents.
- Receive the licence, then apply for the establishment card and visas through Jafza.
Jafza says its company formation takes 3 to 14 business days once all documents are in. That is Jafza's general figure. The park does not publish its own.
Pros and cons
Pros:
- A dedicated jewellery cluster, with shoppers coming for gold and diamonds.
- Jafza rules are well documented, with published licence and visa fees.
- Showrooms and workshops in one location.
Cons:
- No park-specific price list, and unit rents are quote only.
- Retail units make the first year far dearer than a desk licence.
- Older figures on tenants and history are hard to verify, so check anything an agent tells you.
Other options for gold and jewellery
If you trade gold or diamonds in volume without a shop, DMCC is the zone most traders compare first. For the rules that govern this park, read our Jafza guide. A mainland general trading licence is the other path for retail outside a free zone. Our Dubai free zones list shows the rest.
Ask for a quote
Use the form on this page to say what you sell, whether you need a showroom or a workshop, and how many staff you plan. UAEFreeZoneDirectory.com is not Jafza or Emaar. We are an independent directory that hands your request to the zone or a licensed setup partner, who prices it for you.
Setup consultants that work with Gold and Diamond Park
If you would rather not handle the application yourself, Avantex - Business Setup Consultants in Dubai, UAE, Company Formation in Dubai | Tasheel Tawjeeh AL Karama | MAF Businessmen Services and YouFirst Business Setup are the highest ranked consultants that name Gold and Diamond Park on their own websites. Avantex - Business Setup Consultants in Dubai, UAE is based in Deira. The full directory of Dubai setup consultants lets you filter by area and service.
Sources
- Dubai Media Office release on the Jafza and Emaar Malls agreement: Jafza role, Emaar Malls as developer, retailer count
- https://www.jafza.ae/business-setup/business-license/ : Jafza licence fee and licence tiers
- https://www.jafza.ae/business-setup/company-formation/ : company types, share capital and setup time
- https://www.jafza.ae/resources/guides/apply-for-employment-visa-entry-permit : visa entry permit fee
- https://www.jafza.ae/resource-centre/guides/renew-license/ : NOC from the Gold & Diamond Park Authority at renewal
- https://www.vjmglobal.com/feeds/blog/dubai-gold-diamond-park-company-formation , https://www.rizmona.com/business-setup/dubai-gold-and-diamond-park-free-zone-dgdp/ and https://bestaxca.com/open-retail-business-dubai-gold-park/ : agency price range
