Jewellers across the UAE have introduced Diwali 2026 promotions featuring instant cashback, diamond discounts, gold-rate protection, free gifts and exchange bonuses. The offers target residents planning festive purchases, particularly those buying gold and jewellery for personal use, gifting or weddings. With Diwali falling on November 8, shoppers can compare promotions before making their purchases.
- Location: Dubai and across the UAE
- Organisations: Bafleh Jewellery, Kanz Jewels, Tanishq, Meena Jewellers, Malabar Gold and Diamonds, and Dubai Jewellery Group
- Key dates: Dhanteras on November 6 and Diwali on November 8, 2026
- Who benefits: UAE residents shopping for gold, diamonds and festive gifts
- Offers: Cashback, diamond discounts, making-charge reductions, exchange bonuses and giveaways
- What’s next: Dubai Jewellery Group’s reported grand prize draw is scheduled for November 12, 2026
Diwali 2026 jewellery offers in the UAE include up to 50% off diamond jewellery at Bafleh Jewellery, cashback of up to 10%, discounted making charges, free gifts and gold prize draws. Retailers across Dubai and the wider UAE are competing for festive spending as shoppers look for value on gold and diamond purchases.
The promotions come ahead of Dhanteras on November 6 and Diwali on November 8. Dubai’s official Festival of Lights retail period runs from November 2 to 12, adding to the seasonal shopping activity.
From gold-rate protection to bonuses for exchanging old jewellery, the offers vary by retailer. Buyers should check the conditions carefully, as discounts, advance payments and gift eligibility differ between stores.
Which UAE jewellers are offering Diwali discounts in 2026?
Several jewellery retailers have announced festive promotions, giving shoppers different ways to save or receive gifts with qualifying purchases.
1. Bafleh Jewellery: Up to 10% cashback and 50% off diamonds
Bafleh Jewellery is offering up to 10% instant cashback on jewellery, according to its managing director, Chirag Vora. Customers purchasing diamond jewellery can receive a 50% discount, along with an additional 10% instant cashback.
The retailer is also offering gold-rate protection. Customers can pay 9% upfront to lock in the gold rate at the time of booking. If prices rise, they can pay the previously fixed rate. If prices fall, the lower prevailing rate applies, according to the reported offer terms.
Bafleh is also selling 24K gold coins, bars and jewellery at wholesale prices.
Shoppers should confirm whether cashback applies to their chosen item and whether any exclusions apply before paying.
2. Kanz Jewels: Discounts and smartphones as giveaways
Kanz Jewels is offering discounts on making charges, along with gold coins and smartphones as giveaways on qualifying purchases.
The promotion may appeal to customers who are buying jewellery as a gift and would welcome an additional item with their purchase. However, the value of the offer depends on the jewellery selected and the conditions attached to the giveaway.
Customers should ask the store about the minimum purchase value, eligible products and availability of gifts before completing a transaction.
3. Tanishq: Up to 25% off diamond value and making charges
Tanishq is offering up to 25% off diamond value and making charges on gold and diamond jewellery, according to Niraj Bhakare, AVP and chief sales and marketing officer for international business at Titan Company Limited.
The retailer is also offering an additional AED 15 per gram to customers exchanging old gold jewellery, along with 100% valuation of the exchanged items.
For shoppers planning to replace older pieces with new designs, the exchange offer could help reduce the amount payable. The final benefit will depend on the weight and valuation of the gold being exchanged, as well as the price of the new jewellery.
4. Meena Jewellers: Phones, wearable technology and gold bars
Meena Jewellers’ Diwali campaign includes guaranteed gifts with qualifying jewellery purchases. According to the retailer, gifts range from the latest phones and wearable technology to personalised Meena Jewellers gold bars.
The promotion gives shoppers another option when comparing festive jewellery deals. However, customers should confirm the purchase threshold and the gift available for their selected spending category.
5. Malabar Gold and Diamonds: Cash vouchers and zero-deduction exchange
Malabar Gold and Diamonds is offering cash vouchers on diamond and precious gemstone jewellery, along with discounts on gold and diamond jewellery.
The retailer is also promoting zero-deduction exchange on 22K gold jewellery. Its Gold Rate Protection Offer allows customers to lock in the prevailing gold rate by paying 25% in advance, according to the reported terms.
Customers considering an exchange should confirm how the existing jewellery will be valued and which items qualify for the zero-deduction offer.
Can shoppers win gold during the UAE’s Diwali season?
Dubai Jewellery Group is offering shoppers the chance to win a total of 1kg of gold through its reported festive prize draw.
Customers spending AED 1,500 or more at participating jewellery outlets can enter the draws. Purchases made until Dhanteras are reported to receive double the chances of winning.
The prize structure includes five winners receiving 100 grams of gold each in the Dhanteras draw. The grand draw, scheduled for November 12, 2026, is set to award 500 grams of gold to one winner.
The campaign reportedly includes more than 220 participating outlets, with festive collections, discounts and gifts also available at participating stores.
Customers should check the official campaign terms, participating outlets, entry requirements and draw dates before making a purchase specifically to qualify.
What are gold prices in Dubai ahead of Diwali?
Gold prices remain an important consideration for festive shoppers, as the rate per gram affects the base cost of jewellery before making charges and other applicable costs.
According to the supplied market report, Dubai’s indicative retail rates on Thursday, October 22, were:
- 24K gold: AED 492.25 per gram
- 22K gold: AED 455.75 per gram
- 21K gold: AED 437 per gram
These are dated rates rather than live prices. Buyers should check the latest rate before visiting a jewellery shop, as gold prices change with market conditions.
It is also worth remembering that a discount on making charges does not necessarily reduce the gold rate itself. Comparing the final bill is a more useful way to determine which offer provides better value.
Diwali is an important shopping occasion for many Indian families in the UAE, with gold purchases linked to gifting, weddings and long-standing traditions. The latest offers give residents more options when budgeting for jewellery.
Retailers benefit from increased festive shopping activity, while customers can compare cashback, exchange bonuses and complimentary gifts before choosing where to buy.
For buyers, the practical step is to compare the complete price rather than focusing only on the headline discount. Checking gold purity, making charges, exchange deductions, VAT and offer conditions can help avoid unexpected costs.
FAQs
When is Diwali in the UAE in 2026?
Diwali falls on Sunday, November 8, 2026. Dhanteras, an important occasion for buying gold and precious metals, falls on Friday, November 6.
Which UAE jeweller is offering 50% off diamonds?
Bafleh Jewellery is offering a reported 50% discount on diamond jewellery, along with an additional 10% instant cashback. Customers should confirm the applicable terms at the store.
Can shoppers get free gold coins during Diwali 2026?
Yes, some retailers are advertising gold coins or other gifts with qualifying purchases. Kanz Jewels is offering gold coins and smartphones as giveaways, while Meena Jewellers is promoting gifts that include phones, wearable technology and gold bars. Eligibility varies.
What is the Dubai Jewellery Group Diwali gold draw?
The reported campaign gives eligible shoppers spending AED 1,500 or more at participating outlets the chance to win gold. It includes five prizes of 100 grams and a 500-gram grand prize scheduled for November 12, 2026.
How can shoppers save money when buying gold in Dubai?
Compare the current gold rate, making charges, discounts, cashback and exchange terms. Buyers should also check whether a promotion requires an advance payment and compare the final invoice across retailers.
UAE shoppers have several Diwali 2026 jewellery offers to consider, from diamond discounts and cashback to old-gold exchange bonuses and gold prize draws. Comparing the final cost and checking the terms can help residents choose an offer that suits their budget.
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