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Dubai is one of the largest re-export and trading hubs for diamonds and coloured gemstones globally, with the Dubai Multi Commodities Centre (DMCC) reporting that Dubai handled tens of billions of dirhams in rough and polished diamond trade annually in recent years. The Gold and Diamond Park and Deira's historic Gold Souk remain the two dominant physical trading clusters, hosting hundreds of jewellery and gemstone trading firms. As a signatory to the Kimberley Process Certification Scheme, the UAE requires all rough diamond imports and exports to carry Kimberley Process certificates, reinforcing Dubai's position as a conflict-free diamond trading centre.
Precious stones trading covers the wholesale and retail buying, selling, cutting, polishing, and import-export of diamonds, pearls, and coloured gemstones such as emeralds, rubies, and sapphires. In the UAE, this activity is closely linked with jewellery trading, bullion trading, and precious metals dealing, and companies frequently hold multiple related licence categories simultaneously.
Wholesale and retail trading of rough and polished diamonds, regulated under the Kimberley Process Certification Scheme for cross-border shipments through DMCC.
Trading of emeralds, rubies, sapphires, and natural or cultured pearls, commonly sourced from South Asia and East Africa and re-exported through Dubai's free zones.
Specialist services that prepare rough stones for the retail jewellery market, often paired with gemstone testing laboratories that issue authenticity and grading certificates.
DCCIInfo currently lists 102 verified precious stones trading companies in the UAE, spanning diamond wholesalers, coloured gemstone importers, pearl traders, and testing laboratories, each listed with phone number, address, and related trading categories such as jewellery and bullion.
The UAE's precious stones trading sector benefits from a mature regulatory framework, Kimberley Process compliance, and one of the world's most concentrated physical trading districts in Deira. Buyers should verify a trader's Kimberley Process documentation for rough diamonds and check for independent gemstone testing certification before finalizing high-value purchases.
Yes, the UAE is a signatory to the Kimberley Process Certification Scheme, which requires all rough diamond imports and exports to carry certification confirming they are conflict-free.
Precious stones trading companies typically operate under a Dubai Multi Commodities Centre (DMCC) free zone trading licence.
Deira's Gold Souk and the Gold and Diamond Park are the two primary physical trading hubs, alongside the DMCC free zone for wholesale and institutional trading.
You can verify authenticity through an independent precious stones testing laboratory, several of which operate in Dubai alongside major trading firms.
Precious stones traded through the DMCC free zone generally benefit from zero import duty, though this can vary based on final destination and re-export status.
Precious stones trading involves the buying and selling of loose diamonds, gemstones, and pearls, while jewellery trading covers finished jewellery items incorporating these stones.
Yes, foreign investors can hold 100% ownership of a precious stones trading company when registered through the DMCC free zone.
Emeralds, rubies, sapphires, and natural and cultured pearls are among the most commonly traded coloured gemstones in the UAE.
Prices for precious stones in the UAE are determined by global commodity benchmarks, the 4Cs grading (cut, clarity, colour, carat), and prevailing gold/commodity rates for stone settings.
Yes, most established precious stones trading companies in the UAE offer secure international shipping, typically through insured courier or diplomatic freight services.
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