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Eid Al Adha in UAE: Gold retailers see rise in sales as customers buy pieces under Dh5,000
Eid Al Adha in UAE: Gold retailers see rise in sales as customers buy pieces under Dh5,000

Khaleej Times

time2 days ago

  • Business
  • Khaleej Times

Eid Al Adha in UAE: Gold retailers see rise in sales as customers buy pieces under Dh5,000

With Eid Al Adha approaching, jewellery retailers across the UAE are reporting a notable uptick in mid-range gifting sales, driven by a mix of cultural sentiment, stable gold prices, and evolving consumer preferences. E-commerce platforms and physical jewellery outlets alike anticipate a minimum 20 per cent surge in sales, buoyed by early shopper interest and attractive promotional campaigns. According to industry analysts, gold prices are expected to remain around Dh400 per gram in the medium to long term, reinforcing gold's status as both a cultural and economic asset. As of June 1 (while writing the story at 5.30pm), 24K gold in the UAE is trading at approximately Dh 388.96 per gram, reflecting sustained global demand and geopolitical market dynamics. Customers seek stylish jewellery under Dh5,000 Retailers highlighted consumers are gravitating towards stylish, lightweight gold jewellery, particularly in the Dh1,000 to Dh5,000 range — ideal for festive gifting. John Paul Alukkas, Managing Director of Joyalukkas Group, said, 'We are seeing strong indicators of increased customer interest for the upcoming Eid Al-Adha. We've seen a distinct rise in demand for lightweight, stylish gold jewellery — pieces that strike the right balance between daily elegance and festive flair. Chains, bangles, pendants, and earrings in the mid-range segment are performing particularly well. At the same time, gifting-friendly options, especially in the Dh1,000 to Dh5,000 range, are attracting significant attention, particularly from families shopping for loved ones.' He added, 'We believe festivals like Eid hold deep emotional and cultural significance, and this includes gold jewellery — hence, it continues to be an integral part of the celebration. Compared to previous years, we're anticipating a higher footfall, especially as consumer sentiment remains positive.' To capitalise on this festive momentum, many jewellers are offering significant discounts on making charges across gold, diamond, polki, and precious jewellery collections. Digital sales are also poised to hit new highs. 'We are anticipating a significant rise of 20 per cent in online orders during Eid Al-Adha this year. Over the past few festive seasons, we've noticed a consistent trend of increased consumer engagement, and this year, the interest has picked up even earlier. With gifting being an integral part of Eid traditions, many customers are looking to mark the occasion with meaningful, personalised jewellery,' said Amreen Iqbal, Founder of Piece of You. In the niche segment of customised jewellery, consumer interest is also peaking. 'Customised and personalised jewellery continues to be our best-seller, especially dainty name necklaces, birthstone rings, and engraved bracelets. Customers are seeking pieces that carry emotional value, making our curated Eid range particularly popular. In terms of pricing, we're seeing strong interest in the mid-range category — Dh2,000 to Dh5,000 — as customers look for thoughtful gifts that balance quality and affordability,' added Iqbal. Pieces adorned with gemstones in demand Anil Dhanak, MD, Kanz Jewels, also pointed out a noticeable shift in customer preferences this festive season, with many opting for eye-catching jewellery that blends tradition with contemporary elegance. He said, 'This Eid, we have noticed a strong interest in statement pieces, particularly those adorned with colourful gemstones and intricate designs. Our customers are gravitating towards mid-range to high-end items, including bold necklaces, elegant bracelets, and beautifully detailed rings. Additionally, traditional designs that reflect cultural heritage, such as gold and diamond sets, are also very popular.' 'We are optimistic about seeing a significant increase in both footfall and online orders during the Eid Al-Adha period this year. Given the festive atmosphere and the importance of gifting during Eid, our customers are eager to find the perfect pieces to celebrate with family and friends. We are also offering festive promotions that give our customers an opportunity to enjoy great savings on their purchases,' added Dhanak.

Joyalukkas announces 50% off on making charges for a limited period
Joyalukkas announces 50% off on making charges for a limited period

Khaleej Times

time5 days ago

  • Business
  • Khaleej Times

Joyalukkas announces 50% off on making charges for a limited period

Joyalukkas, the world's favourite jeweller, has unveiled a dazzling new reason to celebrate. For a limited time only, customers can enjoy a flat 50 per cent off on making charges on an exquisite range of gold, diamonds, polki and precious jewellery. The exclusive offer is available from May 30 to July 6, 2025, giving shoppers over a month to indulge in exceptional artisanship and timeless elegance at unmatched value. This special promotion is valid across all Joyalukkas showrooms in the UAE, with the offer also extended to customers in Oman, KSA, Qatar, Bahrain, Kuwait and Singapore - bringing the brilliance of this opportunity to jewellery enthusiasts throughout the region and beyond. From traditional heirlooms to modern classics, Joyalukkas offers a spectacular selection of over a million designs sourced from across the globe, including Italian, Turkish, Ethno-contemporary, Antique and more. Each showroom delivers a world-class shopping experience marked by personalised service, a luxurious ambience and the highest standards of quality. John Paul Alukkas, managing director of Joyalukkas Group, announced this limited period offer and said: 'At Joyalukkas, our commitment has always been to delight customers with meaningful offers and memorable experiences. This limited-time 50 per cent off on making charges is our way of thanking our patrons and welcoming new shoppers to discover the unmatched value we offer. Whether you're buying for a special occasion, a festive celebration or simply to invest in a piece that lasts a lifetime - there's never been a better time to visit your nearest Joyalukkas showroom.' The promotion comes alongside Joyalukkas' ongoing customer benefits, including 100 per cent value on diamond exchange and easy payment plans, making this the perfect time to shop smart and shine brighter. With elegance, value and variety all under one roof, the Joyalukkas 50 per cent off making charges offer promises a jewellery shopping experience that's as rewarding as it is radiant.

Joyalukkas Hosts Nurses Day Celebrations at Leading Hospitals Across Kingdom of Bahrain
Joyalukkas Hosts Nurses Day Celebrations at Leading Hospitals Across Kingdom of Bahrain

Daily Tribune

time17-05-2025

  • Health
  • Daily Tribune

Joyalukkas Hosts Nurses Day Celebrations at Leading Hospitals Across Kingdom of Bahrain

In celebration of Nurses Day, Joyalukkas – the world's favourite jeweller, honoured nursing professionals at several renowned hospitals across Bahrain, recognising their extraordinary commitment to compassionate care and community wellbeing. Celebrations took place at various hospitals of Bahrain – where nurses were appreciated within their work environments in heartfelt ceremonies. Tokens of appreciation were presented to acknowledge their devoted service and to honour the essential role they play in the healthcare system. Mr. John Paul Alukkas, Managing Director, Joyalukkas Group, said, ' Nurses are the silent strength behind every patient's recovery and comfort. Their kindness and commitment deserve to be celebrated not just today, but every day. We are proud to stand with healthcare professionals through this small gesture. ' The initiative is part of Joyalukkas' enduring support for healthcare workers and its deep-rooted involvement in various community initiatives. Through such efforts, the brand continues to reinforce its belief in honouring those who serve society with dignity and devotion.

Joyalukkas announces 10% advance pre-book offer with exclusive benefits
Joyalukkas announces 10% advance pre-book offer with exclusive benefits

Khaleej Times

time27-03-2025

  • Business
  • Khaleej Times

Joyalukkas announces 10% advance pre-book offer with exclusive benefits

Joyalukkas, the world's favourite jeweller, has launched its highly anticipated 10 per cent advance pre-book offer, running from March 24 to April 30, 2025. This exclusive offer allows customers to secure their desired jewellery at the lowest gold rate, while benefiting from price protection and additional rewards. Exclusive benefits for customers Gold price protection - Customers can lock in their gold purchase price and protect themselves against price fluctuations. If gold prices increase, they pay the lower pre-booked rate, while if prices drop, they benefit from the lower rate at the time of purchase. Dh250 diamond gift voucher - First-time bookings made via the Joyalukkas mobile app before April 17, 2025 will receive a complimentary Dh250 diamond gift voucher. This limited-time offer provides a dual advantage - customers gain protection against price hikes while benefiting from any rate reductions, ensuring maximum value for their investment. Whether purchasing for a special occasion or as an investment, the 10 per cent advance pre-book offer offers flexibility and financial security. John Paul Alukkas, managing director of Joyalukkas Group, said: "At Joyalukkas, we continuously strive to enhance our customers' shopping experience. Our 10 per cent advance pre-book offer is designed to help customers navigate the volatility of gold prices with confidence. This initiative allows them to secure the lowest rates while enjoying exclusive incentives, such as the Dh250 diamond gift voucher, making it the perfect opportunity to invest in gold." The offer is available across all Joyalukkas showrooms, ensuring customers can easily take advantage of this promotion. With a commitment to high-quality jewellery, exceptional value, and outstanding customer service, Joyalukkas continues to set the benchmark in the industry.

Joyalukkas presents ‘Be Mine - Heart to Heart' collection for Valentine's Day
Joyalukkas presents ‘Be Mine - Heart to Heart' collection for Valentine's Day

Daily Tribune

time06-02-2025

  • Entertainment
  • Daily Tribune

Joyalukkas presents ‘Be Mine - Heart to Heart' collection for Valentine's Day

Joyalukkas, the world's favourite jeweller, is celebrating the season of love with exclusive offers for Valentine's Day, helping customers make the day even more memorable for their loved ones. The renowned jeweller is presenting its beautiful 'Be Mine -Heart to Heart' Collection, designed to bring love and elegance together in a seamless combination. Whether you're looking to express your love with diamonds or precious stones, Joyalukkas has a stunning collection of lightweight jewellery that is perfect for Valentine's Day gifting. From now until 15th February, 2025, customers can enjoy amazing deals, including a BHD 20 gift voucher on the purchase of diamond and precious stone jewellery worth BHD 300. In addition to that, there's 0% deduction on old gold exchange and 100% value on diamond exchange. John Paul Alukkas, Managing Director of Joyalukkas Group, said, 'Valentine's Day is a special occasion for celebrating the ones we love and we believe there's no better way to show that love than with a gift that is both, meaningful and beautiful. Our 'Be MineHeart to Heart 'Collection features exquisite diamond jewellery and elegant pendant sets designed specifically for this romantic season. This Valentine's season, Joyalukkas is making it easier for you to express your love with our heartfelt offers.' The 'Be Mine- Heart to Heart' Collection features gorgeous diamond jewellery and unique pieces that reflect the essence of love. Customers can visit any of the Joyalukkas showrooms to explore the variety of choice. The World's Favourite Jeweller is promising a truly memorable shopping experience for those looking to make this Valentine's Day even more special.

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