Latest news with #BurjKhalifa
Gulf Insider
2 days ago
- Business
- Gulf Insider
Why is Gold in Dubai Cheaper Than in India?
Dubai is a global citizen's paradise. Known for its modern architecture, luxury shopping experiences, vibrant nightlife and must-see landmarks like Burj Khalifa. Dubai also boasts of its world-famous gold souks that have earned it the nickname 'City of Gold'. As if this association with gold were not enough, there's another reason Dubai is very popular. Gold in Dubai is cheaper than it is in India. Is this really true? We will come back to this. First, let's understand Dubai's association with gold. It may surprise you to know that Dubai does not have a single gold mine of its own. Then, where does it get its gold? All that glittering gold that you see in Dubai is sourced primarily from African nations, Turkey, Switzerland and Russia. And who are the buyers? After sourcing from global gold mines and refining it, Dubai gold finds buyers in India and China, the two largest gold-consuming countries in the world. Now, before we compare India and Dubai gold prices, let us understand the carats and purity levels of gold available in Dubai. Carat or Karat is the term used to measure the gold content or purity. 24 carat gold is made up of 24 parts pure gold, whereas 22 carat gold is made up of 22 parts gold and 2 parts alloyed metals. Similarly, for 21 and 18 carat where other metals added constitute 3 and 6 parts. In the West, the karat is expressed in fineness. For example, 24 carat gold is expressed as 1,000 parts out of 1,000 pure or fineness 1.000. Similarly, 22 carat is expressed as 22 divided by 24, which will give you a fineness of . you multiply .9166 by 1,000, it gives 916.66 level of purity. Now, for calculating fineness of 21 karat, 21 is divided by 24 to arrive at .875 fineness and similarly, for 18 karat it is .750 fineness. The purity level for 21 karat and 18 karat gold is defined as Gold 875 and Gold 750. So, 22 carat gold can be depicted as fineness of .9166 or 916.66 level of purity. The Dubai Jewellery Group (DJG), a premier trade association for the Dubai jewellery industry, has a simpler and transparent way of disseminating real-time gold prices for consumers. Most jewellery outlets display the prevailing 'Suggested Retail Jewellery Price' on screen, which are digitally updated 3 times every day. As an Indian, you need to have the United Arab Emirates Dirham (AED) to buy gold in Dubai. At the current foreign exchange rate, you need Rs 23.50 to buy 1 AED. On July 23, one gram 24 carat gold was quoted at AED 405.25, approximately Rs 9,523. Comparatively, gold in India was trading higher at Rs 9,888. As the purity of gold falls, so do the price. 22K traded at AED 375.25, 21K at AED 359.75 and 18K at AED 308.50. If you are buying gold worth Rs 2 lakh (about 20 grams) in Dubai, it could help you save over Rs 7,000. Gold price today in India is Rs 99,450. For the first time in 2025 gold crossed Rs 1 lakh on July 23 to create an all-time high level. Bringing gold from Dubai may not be simple unless you stick to the laws of the land. I have written about this earlier. Just to recap… Gold can be transported in checked baggage up to one kilogram, with a minimum six-month overseas stay required for one kilogram, if disclosed and duty paid. Indian women are allowed to bring up to 40 grams of gold or up to a maximum value of Rs 1 lakh, while men are allowed to bring up to 20 grams of gold or up to a maximum value of Rs 50,000 without paying any duty. Got kids? Children under 15 can bring 40 grams of gold ornaments up to a maximum value of Rs 1 lakh without paying customs duty. And make sure that the weight of gold, including ornaments, should not exceed 1 kg. per passenger. Needless to say, keep all purchase vouchers handy at the airport. Gold in Dubai is cheaper than in India because of taxes. There's no GST on gold in Dubai. But, there's 5% of value-added tax (VAT). Not to worry. Dubai makes sure its tax-free shopping for you. You can claim a full refund of VAT. There are time limits to adhere to for such refunds. If you bring gold from Dubai or any other location, you will have to pay customs duty. The rate will depend on the quantity and the gender. Here are the customs duty rates on gold: 3% for 20 to 50 grams for males/ 40 to 100 grams for females and children 6% for 50 to 100 grams for males/ 100 to 200 grams for females and children 10% for over 100 grams for males/ over 200 grams for female and children For commercial use, gold imported into India is subjected to GST, Agriculture Infrastructure Development Cess (AIDC) and Integrated Goods and Service Tax (IGST), all adding up to the final in-hand price for consumers. Indians visiting Dubai for vacation end up buying gold due to the significant price gap between the two countries. For Indians, 24-carat gold can be 5% to 7% cheaper in Dubai. But wait! You also need to ensure the gold you buy in Dubai is pure. So, just as Hallmarking is a must in India, ensure that gold purchased in Dubai has the Dubai Central Laboratory Department issued Bareeq Certification. Also read: Dubai Mallathon: Crown Prince Sheikh Hamdan Launches New Summer Fitness Programmes in Shopping Malls
India.com
2 days ago
- Business
- India.com
Gold is cheaper in THIS country compared to India due to..., one gram of 24K gold costs Rs...; know how much you can buy, other details
File/Representational Dubai gold price: Dubai, the shopping capital of the world, is famous for its dazzling nightlife, luxury malls, and modern marvels like Burj Khalifa. But did you know that the UAE city is dubbed the City of Gold because of its luxury gold markets where the precious yellow metal sells for a cheaper price than in India? Why gold is cheaper in Dubai? Though there are no gold mines in the United Arab Emirates (UAE), gold is brought in from African nations, and other countries including Turkey, Switzerland and Russia. The raw gold is then refined by jewellers in Dubai at sold at jewelry shops at prices cheaper than India. Gold is cheaper in Dubai because there are no taxes in the UAE, so consumer, jewellers or gold importers do not have to pay any GST. But a 5% VAT is charged on purchased, which can claimed as refund within a specified time limit. What is the gold price in Dubai? According to the Dubai Jewellery Group (DJG), the current price of one gram of 24K gold in Dubai is AED 405.25 (about Rs 9,523), which is cheaper than India, where you have to pay 9,888 for the same quantity. Decreased carat count means less purity and lower price. Thus, 1 gram of 22K gold is priced AED 375.25, 21K at AED 359.75, while 18K is sold for AED 308.50. Notably, gold prices in India hit a record high on July 23, 2025, and close to crossing Rs 1 lakh for the first time. 10 grams of gold are priced at Rs 99,450 in India, as per market data. How much gold can you bring home from Dubai? While cheaper gold can seem an attractive opportunity to many, there is a cap on how much of the precious metal you can bring home to India. Indian citizens, who have lived in a foreign country for the last six months, are allowed to bring up to 1 kg of gold in checked in bags, after declaring it and paying the required custom duty. Women citizens can bring up to 40 grams or Rs 1 lakh worth of gold completely duty-free, while this limit is restricted to 20 grams or Rs 50,000 worth of gold for men. What is the purity of Dubai gold? Gold purity is measured in carat, and 24 carat (24K) signifies 100% purity, while 22 carat means it has 22 parts gold and 2 parts other metals. The purity of gold declines as the carat count goes down. Dubai gold is considered one of the purest in the world, according to experts and connoisseurs.
News18
4 days ago
- News18
Start Your International Travel Diaries By Visiting These Affordable Asian Countries
Thailand: Thailand remains a popular choice for Indian travellers, and its appeal extends beyond its affordability. The cities of Bangkok and Pattaya offer a unique blend of experiences. Bangkok is known for its vibrant street markets, traditional Thai massages, and historic temples. (Image: Canva) Pattaya, on the other hand, provides a beachy getaway with opportunities for relaxation and leisure. Some popular activities in Thailand include visiting floating markets, taking day trips to coral islands, and enjoying evening cruises, which allow for a mix of sightseeing and downtime. (Image: Canva) Bali, Indonesia: Bali has become a byword for laid-back luxury, making it an ideal destination for couples, honeymooners, and anyone seeking a tranquil getaway. The island's energy is both calming and adventurous, offering a range of experiences to suit different interests. (Image: Canva) Ubud is a haven for art enthusiasts, yoga practitioners, and nature lovers, with its famous monkey forests. In contrast, Seminyak and Uluwatu offer a more laid-back vibe, with opportunities for surfing, watching stunning sunsets, and enjoying fresh seafood. (Image: Canva) Dubai, UAE: Dubai is an ideal destination for short trips that pack a punch, making it perfect for family vacations or first-time international travellers. The city offers a unique blend of sightseeing and spectacle, with a wide range of experiences to suit different interests. (Image: Canva) Visitors can explore iconic landmarks like the Burj Khalifa, embark on a thrilling desert safari, and discover the contrasts between modern malls and traditional souks. Dubai seamlessly combines tradition and modernity, making it a fascinating destination to explore. (Image: Canva) Sri Lanka: Sri Lanka is a charming destination that offers a wealth of experiences, despite its understated nature. Located just a short distance away, the country boasts an array of attractions, including stunning beaches, colonial towns, wildlife, and picturesque tea plantations. (Image: Canva) Visitors can explore Colombo, then head to Galle to wander its cobblestone streets and enjoy seaside cafes. The hill stations of Nuwara Eliya and Kandy offer scenic train rides and tea tastings, providing a glimpse into the country's rich cultural heritage. (Image: Canva) Vietnam: Vietnam has become increasingly accessible for Indian travellers, thanks to e-visas and direct flights. Hanoi serves as a charming entry point for exploring the country's rich heritage, including a cruise through Halong Bay's stunning limestone cliffs and a visit to the historic Old Quarter. (Image: Canva) Ho Chi Minh City, located in the south, offers a glimpse into the country's history, with its French colonial architecture and vibrant coffee culture that's perfect for Instagram-worthy moments. (Image: Canva)
Time Business News
5 days ago
- Time Business News
Best Travel Agency in Dubai: Complete Guide
Dubai stands as one of the world's most exciting travel destinations. The city offers everything from towering skyscrapers to golden desert dunes. However, planning a trip to this magnificent emirate can feel overwhelming. That's where a reliable travel agency in Dubai becomes essential. A good travel agency transforms your vacation from stressful planning into seamless adventure. They handle the details while you focus on making memories. But with so many options available, how do you choose the right one? This guide will help you understand what makes a travel agency in Dubai worth your time and money. You'll learn about key services, pricing factors, and red flags to avoid. Most visitors to Dubai want to experience the desert. A quality travel agency should offer various safari options. Evening desert safaris remain the most popular choice. These typically include dune bashing, camel rides, and traditional entertainment. Private desert safaris cost more but provide personalized experiences. Group safaris offer better value for budget-conscious travelers. Look for agencies that provide both options. Dubai's landmarks deserve professional guidance. The Burj Khalifa, Dubai Mall, Palm Jumeirah, and Dubai Frame top most visitor lists. A comprehensive travel agency in Dubai should offer full-day and half-day city tours. Professional guides make the difference. They share local stories and historical context that guidebooks miss. They also know the best photo spots and timing to avoid crowds. Dubai International Airport serves millions of passengers yearly. Reliable airport transfers eliminate arrival stress. Quality agencies provide professional drivers with clean, comfortable vehicles. Pricing should be transparent with no hidden fees. Look for agencies offering fixed rates regardless of traffic delays. Airport pickup and drop-off services should be available 24/7. Dubai offers countless attractions. Burj Khalifa tickets, IMG Worlds of Adventure, Ferrari World, and Ski Dubai rank among favorites. A full-service travel agency in Dubai should provide discounted tickets for major attractions. Bundled packages often provide better value than individual bookings. Some agencies offer combo deals that include multiple attractions at reduced rates. Safety should never be compromised. Licensed agencies follow strict safety protocols. Professional drivers hold valid licenses and undergo regular training. Vehicles receive proper maintenance and safety inspections. Ask about insurance coverage for tours and transfers. Reputable agencies carry comprehensive insurance to protect their clients. Dubai changes rapidly. New attractions open while others close or relocate. Local agencies stay updated on current conditions, weather factors, and seasonal considerations. Established agencies build relationships with hotels, restaurants, and attraction operators. These connections often translate to better prices and priority access for clients. Hidden fees destroy travel budgets. Quality agencies provide clear, upfront pricing. They explain what's included and what costs extra. Payment terms should be reasonable with secure processing options. Compare prices but remember that extremely low rates often indicate compromised service or hidden costs. Problems can arise during travel. Reliable agencies provide 24/7 customer support. They should have local phone numbers and respond quickly to inquiries. Read customer reviews on multiple platforms. Pay attention to how agencies handle complaints and resolve issues. These tours typically last 4-6 hours and cover major landmarks. Expect visits to Burj Al Arab, Jumeirah Mosque, Gold Souk, and Spice Souk. Prices range from 150-300 AED per person depending on group size and inclusions. Comprehensive tours lasting 8-10 hours provide deeper exploration. They often combine city sightseeing with cultural experiences or shopping time. Lunch is usually included. Prices start around 400-600 AED per person. Evening desert safaris remain Dubai's most popular tourist activity. Standard packages include dune bashing, camel rides, sandboarding, and buffet dinner with entertainment. Prices range from 200-400 AED per person. Private desert safaris offer customized experiences with dedicated vehicles and guides. These premium options start around 800-1200 AED per person. Extremely cheap tours often cut corners on safety, vehicle quality, or guide expertise. They may also add unexpected charges later. Quality tours require proper equipment, trained staff, and insurance coverage. Agencies that respond slowly to inquiries or provide vague answers raise concerns. Professional agencies answer questions clearly and promptly. Legitimate agencies have established offices with clear addresses. Avoid agencies that only operate online without verifiable locations. Dubai requires tourism companies to hold proper licenses. Ask to see documentation or verify licensing status through official channels. Start by identifying your priorities. Do you want luxury experiences or budget-friendly options? Are you traveling solo, as a couple, or with a large group? Your answers will guide your choice. Request detailed itineraries from multiple agencies. Compare what's included, timing, and total costs. Don't forget to factor in tips, meals, and personal expenses not covered by packages. Check cancellation policies before booking. Flexible agencies allow changes or cancellations with reasonable notice. Strict policies may leave you stuck with unsuitable arrangements. Contact references if provided. Previous customers can share honest feedback about their experiences. The right travel agency in Dubai transforms your vacation from good to unforgettable. They handle logistics while you focus on experiencing this amazing city. Take time to research options, compare services, and read reviews. Remember that the cheapest option isn't always the best value. Quality agencies invest in safety, professional guides, and customer service. These investments pay off in better experiences and peace of mind. Ready to explore Dubai? Start by contacting licensed travel agencies for quotes and itineraries. Your perfect Dubai adventure awaits. Experience Dubai with comfort, convenience, and confidence — only with Sky Mark Tourism LLC. Sky Mark Tourism LLC Hor Al Anz — Dubai — United Arab Emirates+971 55 803 7445 GBP: CID:
Zawya
22-07-2025
- Business
- Zawya
Mr. C Residences Downtown: Italian Elegance on Dubai's Skyline with The Nobile Collection
Mr. C Residences Downtown introduces the Nobile Collection, a limited offering of just twenty-two four-bedroom residences, each designed as an expression of timeless Italian elegance and modern sophistication. Set against the iconic Burj Khalifa and the luminous Dubai skyline, the Nobile Collection fuses Italian heritage and craftsmanship with the dynamism of one of the world's most exciting cities. Every residence within The Nobile Collection is thoughtfully crafted for those who appreciate artistry and timeless design. Expansive half-floor layouts are enriched with Calacatta marble finishes, state-of-the-art Gaggenau appliances, and bespoke details that embody a dedication to the highest standards of quality. Handcrafted glass chandeliers by the legendary Barovier & Toso serve as luminous sculptures, adding both warmth and a quiet grandeur to each living space. At the heart of the Nobile Collection are open-plan Great Rooms, framed by floor-to-ceiling windows that flow seamlessly into dining spaces, ideal for both intimate gatherings and everyday indulgence. Panoramic views of Downtown Dubai and the Arabian Sea become part of the living experience, with expansive terraces that offer both sunrise and sunset vistas. Principal suites serve as serene sanctuaries, featuring freestanding bathtubs, bespoke Italian vanities, and glass-enclosed rain showers. Beyond its interiors, the Nobile Collection represents a philosophy of living—one that values signature service, timeless design, and elevated experiences. Developed by Alta Real Estate Development, a Dubai based developer renowned for its commitment to premium design and meticulous craftsmanship, Mr. C Residences Downtown reflects the firm's dedication to creating spaces that resonate with those who gravitate towards the finer things.
