Gold road will be built in Dubai
Image Credit source: ai generated
Dubai Golden City: Nowadays, while on one hand the prices of gold are skyrocketing and it is becoming difficult for the common man to buy even a small ring, on the other hand Dubai has shocked the whole world. Dubai, famous for luxury and grandeur, has made such an announcement, which may be a little difficult to believe. There is news that the world’s first road is going to be built in Dubai, which will be made of gold. Yes, you read it absolutely right. When the world is troubled by the rising price of gold, the Sheikh of Dubai is bringing a project named ‘The Gold District’, which will further enhance the shine of the emirate.
What is the plan of ‘The Gold District’?
According to media reports, this road to be built in Dubai will be the only one of its kind in the world. The main objective of this project is to make Dubai the world’s largest center in gold and jewelery business. This spectacular scheme has been announced by property developer ‘Ithra Dubai’. This ‘Gold District’ will not only shine with gold, but it will also become a huge commercial hub. There will be more than 1,000 retail shops in jewellery, perfume, cosmetics and lifestyle categories. This place is being specially designed to attract tourists, buyers and professionals.
Indian jewelers will also dominate here
Indian brands will also have a big stake in this ambitious project of Dubai. Famous brands from all over the world will register their presence in this district. According to reports, along with Jawahara Jewelery and Al Romijn, India’s famous brands like Malabar Gold and Diamonds and Tanishq Jewelery will also open their stores here.
Not only this, Joyalukkas has also planned to open its biggest store in the Middle East here. It is being told that their flagship store will be spread over 24,000 square feet. This project is also bringing a big opportunity for Indian businessmen, because Dubai is a huge market for Indian jewellery.
New destination of luxury for businessmen
Deira area of Dubai, where this street will be built, is already known for gold trade. Now it is being made even more convenient and hi-tech. Keeping in mind the convenience of international guests and trade partners coming from outside, six luxurious hotels will be built here. These hotels will have more than 1,000 guest rooms, so that the buyers coming here do not face any problem in staying and doing business. This step has been taken to take Dubai’s tourism sector to a new height.