5 Best Places to Buy Diamonds In Dubai
Furthermore, most diamond merchants will negotiate prices with potential buyers so a little haggling can get you further price reductions.
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Unlike gold, most jewelers agree that diamonds do not appreciate over time. Each diamond is unique in its characteristics, size, cut and color. When you buy diamond jewelry from a shop, you have possibly already lost 20 percent on its resale the minute you walk out of the shop with your purchase, unless a seller gives you a time-bound buy-back guarantee. Gold, which is often treated like a currency owing to its consistent character, is easily exchangeable without having to be assessed, especially in the case of gold bars. Diamonds, however, are much harder to sell.
Even so, diamonds are a girl’s best friend and the allure of owning a diamond remains, irrespective of its return on investment. Pay attention to these when making your purchase. A diamond’s quality can be determined by several distinguishing features commonly referred to as 4C: cut, color, clarity and carat. As buying a diamond can set you back quite a bit, make sure that you buy from a reputed jeweler who will give you a certificate stating all the relevant details of the diamond including where it is mined from. Diamonds are valued for their beauty and perfection and are considered by most, above gold, to be the ultimate gift of lasting love.
Diamond Cut: This refers to the workmanship and the quality of a diamond in terms of sparkle, brilliance and fire.
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Diamond Color: As a general rule of thumb, the less color a diamond possesses the more valuable it becomes.
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Diamond Clarity: This measure the clarity of a diamond with grades running from ‘Flawless’ without any imperfections to ‘Included’ which will not be as perfect in terms of clarity.
Diamond Carat: Refers to the weight of a diamond; the heavier the diamond the more valuable it becomes.
Diamond Certification: Often referred to as the 5th ‘C’, a diamond certificate is issued by a third-party agency, not buyer or seller, authenticating the characteristics of a diamond.
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Gold Souk of Dubai
The range of diamond stock on display is extensive, but buyers can negotiate prices, which may not be to everyone’s taste.
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Dubai Gold and Diamond Park
The mall has approximately 60 retail jewelry stores with a wide range of styles and products. This is the perfect place for genuine diamond buyers who know the specifications they want and are (link home) prepared to haggle with the sales team. However, keep in mind that most diamond sellers already have a threshold below which they will not make a deal, so if you are looking to half the first price the sales persons tells you, good luck with making a purchase! Your ability to get a good deal might often depend on your ability to bargain. Diamond prices can vary from store to store.
Dubai Diamond Trading Websites
For unbeatable prices on a huge range of diamond jewelry, online purchasing from an internet-based shop, will give you competitive rates in the market. However, buying certified diamonds is a must when shopping online; most online traders will ask for a deposit to reserve your diamond that will generally not exceed 5% of the product cost. Since online traders have substantially fewer overheads than a traditional retail store with a physical location, prices here are quite amazing compared to traditional stores.
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Price matching and other perks

Check out the real-time inspection service
Settings are worth waiting for
Free consultations with expert gemologists
Many complimentary services here

Completely transparent pricing
Plenty of positive customer feedback but less so from diamond experts
Check out the perks

While you can absolutely do that here, you can also add any stone you like to a pendant or just add the diamond on its own to your online shopping bag. If you’re thinking of designing a one-of-a-kind jewelry piece with a diamond (or several… or even with other gemstones), fill out the custom form with your ideas (even upload a sketch or a photo if you have one) and they’ll get back to you with a quote. Although this diamond store doesn’t have the thousands and thousands of reviews you might see for competitor retailers, it can still brag about its “A+” rating and accreditation from the Better Business Bureau, with zero complaints filed in the last three years. And, in most places we found (like Trustpilot and Google Reviews), Gems NY tends to come in with an average rating of about 4.5 stars. Customers are especially enthusiastic about the end results of the design process here, naming specific reps for being helpful and going the extra mile to make sure their clients are getting the absolute best value for what they spend.
A few minor areas for improvement
That’s not bad.

That’s a huge downside compared with most retailers in our review, who put those reports right on each diamond’s listing. However, it’s important to be aware that a $20 fee is deducted from your refund to cover the shipping costs that were initially offered as “free. All of that feels pretty nickel-and-dime when you’re buying a diamond, especially if it’s on the higher end of the price spectrum.
Mixed feedback from clients
Still, customer photos and comments are almost always favorable, with people saying this is a particularly good option for designing your own wedding rings and bands. However, customer feedback seems to be positive overall, especially if you’re hoping to create a unique ring for your proposal or wedding. Compared with rival retailers that show you every stone from multiple angles and sometimes with 360° video, this store’s lack of images is disappointing.
The company proudly shows off its 4.

See stones’ certification paperwork easily
However, if you decide to exchange your diamond, this can only be done in-store. While it offers certain in-person advantages not found with online-only retailers, these benefits may not compensate for the more competitive prices available elsewhere. The Better Business Bureau (BBB) gives parent company Signet Jewelers an “A+,” but it’s worth noting that there have been nearly 300 complaints registered against the company across its brand portfolio. Nonetheless, the general sentiment from customers isn’t as enthusiastic as one would hope for a significant purchase like a diamond. Jared remains a viable option for purchasing diamonds, but only if you plan on using the gemstones for a ring.

For one, their inventory now includes lab-created diamonds, bringing the total selection of stones to just under 100,000 with prices ranging from $1,220 to nearly $2M.
Although these allegations were refuted, they still leave a lingering unease when contemplating a substantial investment like a diamond. Prices are often higher compared to their online counterparts, and shoppers have expressed dissatisfaction with the quality of completed rings and ring sets. In fact, when you go to the BBB listing for Signet and start skimming through the 700+ complaints there, almost all of them specifically mention Kay.
Canada is now the world’s third-largest diamond-producing country in terms of value and the fifth largest by volume, accounting for just under 10% of global diamond production in 2015.
With no nearby towns or settlements, the mines also need to provide housing and facilities for their employees, who travel in for shifts that can last for weeks. Bruno Sane, General Manager Marketing for Rio Tinto Diamonds, says: “The [Diavik] mine is situated in a continuous permafrost zone, 100 kilometres north of the tree line – the latitude above which trees cannot survive the cold temperatures.



