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Sub-zone · DMCC · Dubai

Dubai Gold & Diamond Park

Dubai Gold and Diamond Park Free Zone

Al Quoz Industrial Area 3, Sheikh Zayed Road (4th Interchange / Umm Al Sheef) · Est. 2001 · Jebel Ali Free Zone Authority (JAFZA), DP World UAE Region

AED 10,000/ yr
high confidenceVerified 18 Jul 2026official ↗
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Best for

Jewellery manufacturers, gold and diamond traders, and high-end jewellery retailers wanting a combined workshop/showroom/office presence in central Dubai under JAFZA licensing.

Not ideal for

Any business outside the precious metals and jewellery sector; consultants or digital businesses seeking cheap flexi packages; broad commodity traders (DMCC is a better fit).

01Capability profile

Six independent dimensions, scored from official zone data.

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Banking7/15
?
Visa scale15/15
?
Cost (lower=better)17/20
?
Activity breadth8/25
?
Workspace options6/15
?
Location9/10
02Where Dubai Gold & Diamond Park sits

Tick marks for every zone, Dubai Gold & Diamond Park highlighted. The shape of the field, not just the rank.

Year 1 cost← lower is better

Dubai Gold & Diamond Park: 60th percentile (AED 10,000) · Licence + registration, AED.

Setup time← lower is better

Dubai Gold & Diamond Park: 25th percentile (14 days) · Total estimated days from application to operational.

Visa caphigher is better →

Dubai Gold & Diamond Park: 73th percentile (150 visas) · Absolute maximum visa allocation. Values above 500 clipped to the right edge so the bulk of the distribution stays readable.

Banking ease← better
Easy
4
Moderate
73
Difficult
15
Very difficult
1

Dubai Gold & Diamond Park: Difficult · Corporate bank account opening difficulty. Each cell is one zone.

03Costs

Year-one license, renewals, and 5-year totals in AED.

10,000
Year 1 minimum · AED
AED 19,305 less than DMCC
budget tier
Show in
Base licence
AED 5,000
Registration
AED 5,000
Renewal (year 2+)
AED 5,000
3-year total
AED 20,000
2-year visa cost
AED 3,200
Hidden & one-off costs
Establishment card
AED 1,890
Cancellation fee
AED 3,500
Visa renewal
AED 1,500
Visa cancellation
AED 600
Emirates ID (per visa)
AED 370
Dependent / spouse visa
AED 2,500
Year-on-year fee tracking begins 2026 — changes appear here as they accrue.
Indicative, from published ratesOfficial fee schedule ↗Verified 2026-07high confidence

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04Visas & workspace

Visa caps, workspace options, and family-sponsorship rules.

Visa allocation
Maximum visas
150
Flexi-desk cap
1
Office cap
5
Family sponsorship
Available
Freelancer permit
Not available
Golden visa
Available
Medical required
Yes
Processing time
~10 days
Workspace options
Virtual office
No
Flexi-desk
No
Coworking
No
Dedicated office
Yes
Executive office
Yes
Warehouse
Yes
Industrial unit
No
Land plot
No
Ejari issued
Yes
Parking
Yes
Dedicated office cost
AED 20,000/yr
05Banking & setup

Banking difficulty, partner banks, and setup timeline.

Banking
Difficulty
Difficult
Time to account
~14 days
Minimum deposit
AED 15,000
Corp tax rate
0%
Audit cost (est)
AED 5,000
UBO filing
Required
AML / KYC
enhanced
Partner banks
Emirates NBDMashreqFABADCB
Setup timeline
  1. Registration mode
    Fully online — no in-person visit required
  2. Documents & application
    Passport, visa, business plan — ~3–5 days
  3. Licence issued
    ~3 business days after submission
  4. Bank account active
    Additional ~14 days · Difficult banking
  5. Operational
    Typically ~14 days, up to ~30 days
06Package pricing

4 packages from official fee schedules.

All figures in AED, from official fee schedules. Visa and health-insurance costs are additional.

PackageVisasYear 1Renewal
Virtual License – Jewellery Trading – 0 VisasBest value0AED 15,500AED 5,500
Flexi Desk – 1 Visa1AED 22,000AED 12,000
Boutique Showroom – 3 Visas3AED 45,000AED 32,000
Manufacturing Unit – 5 Visas5AED 70,000AED 55,000
07Permitted activities

Activity categories, restrictions, and approval flags.

1500+ activitiesMainland selling: NoDual license: Yes

Gold bullion trading

Diamond cutting & polishing

Purpose-built jewellery manufacturing with hallmarking pickup (Dubai Municipality)

High-end jewellery retail to walk-in customers

Categories
Jewellery trading & retailGold & precious metals tradingDiamond & precious stones tradingJewellery manufacturing (workshops)Jewellery design, repair & consultancyComplementary services for the complex (F&B, fitness, banking, supermarket)
Matched industry clusters
tradingindustrial
Restricted
Activities unrelated to jewellery, precious metals/stones and complementary services generally not permittedDiamonds without Kimberley Process certificationCounterfeit jewellery production
Require approval
Precious metals & stones dealing (goAML registration with Ministry of Economy; enhanced KYC)Gold manufacturing (Dubai Municipality hallmarking)
08Jurisdiction & ecosystem

Legal framework, tax status, audit requirements, and zone focus — every value sourced.

Common lawNo
VAT designated zoneNo
QFZP eligible (0% tax)Yes
Inferred · 2026-07-18
Mainland permitYes
Inferred · 2026-07-18
Audit requiredNo
Inferred · 2026-07-18
Economic substancestandard
Inferred · 2026-07-18

This zone offers physical-office options sufficient for a standard QFZP substance posture, though the bar still applies at the entity level (CTGFZP1).

Focus: gold, diamond, jewelry, precious metals

90+ companiessmall communityNetworking events: YesIncubator: No
Notable companies

Cara Jewellers, Dhamani, Monili, Tejori

QFZP, audit, mainland-permit and substance values are sourced where the zone authority or FTA publishes them, and inferred from published zone characteristics otherwise. How we determine these values.

09Strengths & limitations

4 strengths · 4 caveats.

Strengths
  • Specialized hub for gold and diamond trade
  • Strategic location in Dubai
  • Access to luxury retail market
  • Established reputation in jewelry sector
Caveats
  • Activity scope locked to jewellery/precious metals plus complementary services — unsuitable for any other business
  • No flexi-desk or virtual office: a physical unit lease is mandatory, so real Year-1 cost is far above the headline license fee
  • Banking is harder than typical free zones — DPMS dealers face enhanced AML/KYC scrutiny and mandatory goAML registration
  • Dedicated zone website defunct; no official published DGDP-specific fee schedule (JAFZA generic table applies)

Not ideal for: Any business outside the precious metals and jewellery sector; consultants or digital businesses seeking cheap flexi packages; broad commodity traders (DMCC is a better fit).

10Recent developments

2 policy and pricing updates on record.

  1. Q1 2025Dubai Gold and Diamond Park completed renovation of its retail boulevard, adding 18 new boutique units targeting international jewellery brands entering the GCC market.
  2. Q3 2024The park joined the Dubai Precious Metals Conference as an official venue partner, increasing its profile among global bullion traders and commodity funds.
11Tax considerations

4 tax questions relevant to this zone.

Questions to raise with your tax advisor

  1. Does your planned revenue qualify under the QFZP qualifying-income rules?

    QFZP 0% only applies to qualifying income. Mainland trading or revenue from non-free-zone clients is generally non-qualifying and taxed at 9%.

  2. Will you need audited accounts even if this zone doesn't require them?

    FTA corporate-tax filing typically expects audited accounts for revenue above AED 50M, and banks often request them at much lower thresholds.

  3. How much of your revenue will come from mainland UAE customers, and how does that affect QFZP and 5% VAT obligations?

    Mainland revenue beyond ad-hoc levels can disqualify QFZP and triggers full 9% corporate tax plus standard VAT on supplies.

  4. Do any of your customers, suppliers, or shareholders meet the FTA's related-party definition?

    Related-party transactions need transfer-pricing documentation and may push otherwise-qualifying income into the 9% bracket.

These prompts are due-diligence questions, not tax advice. Confirm every answer with a UAE-licensed tax advisor before incorporating.

12Frequently asked

4 common questions specific to Dubai Gold & Diamond Park.

13Similar zones in Dubai

3 comparable zones in the same emirate.

14About this data

Last verified 2026-07-18 · high confidence.

Dubai Gold & Diamond Park data is sourced from official zone authority publications, government fee schedules, and where available, verified against direct communications with the zone. All figures in AED.

Location
Al Quoz Industrial Area 3, Sheikh Zayed Road (4th Interchange / Umm Al Sheef)
Established
2001
Authority
Jebel Ali Free Zone Authority (JAFZA), DP World UAE Region
Last verified
2026-07-18
Confidence
high
Methodology
How we score →
Cited source
Fee data sourced from the official fee schedule, fetched 2026-07-18. View source ↗
Per-field citations
How we verify every zone →
15Founder reviews

What founders who've registered here say.

4.7★36 reviewsGoogle

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16Take the next step

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