UAE, Business, Travel, Lifestyle2024. 10. 06

Dubai Auction: Gold and Diamonds Await Your Bid

Emerald rings surrounded by diamonds on a gold band.

Are you on the hunt for jewelry? Gold, diamonds, and watches are going under the hammer in Dubai on October 21.

Dubai is one of the best locations for lovers of luxury jewelry and watches, and now a special opportunity arises for rare item enthusiasts. On October 21, Dubai Customs will auction seized jewelry, diamonds, and watches in a public auction to be held at the Dubai Airports Terminal 3.

Why is the auction worth attending?

Such auctions offer an excellent chance to acquire unique jewelry and watches at favorable prices. Among the auction's collection are numerous exclusive gold and diamond jewelry pieces, as well as luxury brand watches, typically sold for a fraction of their market price.

How to participate?

To join the auction, interested parties must register in advance, which can be done on the Dubai Customs website or in person. The items on display will be available for viewing on October 19-20 at Dubai Airports Terminal 3, offering participants an excellent opportunity to closely inspect the offered jewelry and watches, and strategically plan their bids.

The secret behind the seized jewelry and watches

The items auctioned by Dubai Customs ended up with the auction house for various reasons, most often being undeclared or illegally imported valuables that did not comply with local regulations. Such items are generally sold at auctions to serve the public interest with the proceeds.

Why Dubai?

Dubai remains one of the largest gold markets in the world, with its numerous jewelry shops, gold souks, and luxury stores earning it a renowned reputation among jewelry enthusiasts worldwide. The auctions further enhance the city's appeal, as they provide an opportunity not only to purchase but to discover real rarities.

If you're in Dubai on October 21 and have an interest in special jewelry, make sure to visit the auction. Who knows, you may return home with a unique piece that serves as both a memory and an investment for the future.

Latest news