Future UAE Luxury Jewelry Market: Key Dynamics, Size & Share Analysis

The UAE Luxury Jewelry Market size is valued at around USD 1.24 billion in 2025 and is projected to reach USD 2.24 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 10.36% during the forecast period, i.e., 2026-30.

Top Trends Impacting the UAE Luxury Jewelry Market Growth

Virtual Try-on Option Shaping Market Dynamics – Virtual try-on integration is defining the market by utilizing AR & AI technology. Several businesses are combining these services to satisfy the broad base of consumers. For instance, Tanishq UAE collaborated with Vossleto to provide virtual try-on experiences to launch a metaverse platform "Rivaahverse" in 2022. It enables consumers to virtually try on their "Polki" collection via AR technology on their devices. This is in line with the country's focus on digital innovation as well as increasing consumer interaction. Further, it is considerably influential within the UAE market owing to the increasing penetration of the internet, which is over 99%, with a very rich population that is now able to virtually determine how these high-class jewelry items appear and feel before making a purchase.

Furthermore, statistics indicate that customers spend 4.5 times more time on sites that have AR functionality, where 73% feel more secure with their purchasing decision on Luxury Jewelry products. Such factors add up to an additional 65% chance of completion of the purchase by the customers who are using AR functions, along with a 40% reduction in the low return rate. The trend will further remain to bring forth opportunities within the UAE market during the forecast period.

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Understanding the Core Segments in the UAE Luxury Jewelry Market

UAE Luxury Jewelry Market Size, Share & Industry Trends Analysis - By Product (Necklace, Rings, Earrings, Bracelets, Others), By Material Type (Gold, Diamond, Gemstone, Platinum, Precious, Others), By Gender (Men, Women, Kids), By Distribution Channel (Online, Offline), and others

Geographical Analysis of the UAE Luxury Jewelry Market

-By Region

  • Dubai
  • Abu Dhabi
  • Sharjah
  • Northern Emirates

Out of them, Dubai leads the UAE Luxury Jewelry Market with a market share of around 52.73%. Various reasons are attributed to this domination.

Who Dominates the UAE Luxury Jewelry Market Insights on Key Industry Players?

Companies are strengthening their presence in the UAE Luxury Jewelry market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services

  • Cartier
  • Tiffany & Co
  • Bulgari
  • Van Cleef & Arpels
  • Damas
  • Graff
  • MKS Jewellery
  • Arqa Jewellery
  • Sana Al Maktoum Fine Jewellery
  • Galfa
  • Others

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