How to Sell Old Gold in Dubai for Instant Cash
Have old gold at home: broken chains, single earrings, jewellery you no longer wear, or 24K coins and tola bars? You can turn it into cash on the same day. Here is how to sell old gold in Dubai, what to bring, how the price is worked out, and where to go.
Quick answer
Take your gold and your Emirates ID to any Nakshathra Gold & Diamonds showroom. Our team checks the gold in front of you, tells you the amount based on today's gold rate, and pays you on the spot once you agree. No appointment is needed. See our Dubai showrooms.
What gold can you sell?
- Gold from any jeweller. It does not need to be bought at Nakshathra.
- Broken or damaged jewellery. Broken chains, single earrings, bent bangles.
- Chains, bangles, rings and sets in 22K, 21K and 18K gold.
- 24K gold coins from any seller.
- 24K tola bars and other gold bars.
How to sell old gold, step by step
- Bring your gold and your Emirates ID to any Nakshathra showroom during opening hours.
- We check it in front of you. Our team checks the weight and the purity of your gold.
- You get the amount. We tell you the amount based on today's gold rate before you decide.
- Take instant cash, or use the value to buy new jewellery at the same showroom.
How the price of old gold is worked out
The amount depends on three things: today's gold rate, the karat of your gold, and its pure gold weight. The karat tells you how much of the piece is pure gold:
| Karat | Pure gold content | Pure gold in 10 g |
|---|---|---|
| 24K | 99.9% | about 9.99 g |
| 22K | 91.6% | about 9.16 g |
| 21K | 87.5% | about 8.75 g |
| 18K | 75% | about 7.5 g |
Stones, beads and other parts that are not gold are not counted as gold weight. Check today's gold rate in Dubai before you go.
Tips before you sell
- Bring your Emirates ID. That is all you need with your gold.
- Bring all your pieces together, even small or broken ones. Small pieces add up.
- Ask to see the weight. At Nakshathra we check your gold in front of you.
- Think about exchange. One heavy old piece can become several lightweight pieces you will wear every day.
Where to sell old gold in Dubai
You can sell old gold for instant cash at all five Nakshathra showrooms in Dubai:
- Al Qusais: First Floor, Madina Mall, opposite Carrefour
- Muhaisnah: Ground Floor, Mark & Save, Muhaisnah 4
- Al Nahda 2: First Floor, Nesto Mall
- Al Quoz: Grand Shopping Mall, Latifa Bint Hamdan Street
- Wadi Al Safa (Skycourts): Mark N Save, Sheikh Zayed Bin Hamdan Al Nahyan Street, opposite Skycourts Entrance C
We also buy old gold at our showrooms in Sharjah, Ajman, Abu Dhabi and Al Ain. See all 16 UAE showrooms with directions.
Questions
Can I sell gold bought from another jeweller?
Yes. We buy gold from any jeweller, not only gold bought at Nakshathra.
Do you buy broken gold?
Yes. We buy broken and damaged gold jewellery, such as broken chains, single earrings and bent bangles.
Do you buy 24K gold coins and tola bars?
Yes. We buy 24K gold coins, tola bars and other gold bars, and pay instant cash.
What do I need to bring?
Your old gold and your Emirates ID.
Do I get paid immediately?
Yes. Once you agree to the amount, you are paid on the spot at the showroom.
Do I need an appointment?
No. Just walk in during showroom hours. You can also message us on WhatsApp first if you have a question.