1 Kg Gold Bar & Ten Tola Bar (TTB) Price in Dubai: Premiums, Brands & Where to Buy
Dubai is one of the cheapest places on earth to buy large gold bars. This guide covers the 1-kilogram bar and the legendary Ten Tola Bar (TTB) — how their prices are calculated from the live rate, what premium over spot is fair, which brands to trust, and the VAT and customs rules that apply.
Serious gold buyers in Dubai eventually graduate from jewellery to bars — and two sizes dominate the conversation: the international standard 1-kilogram bar and the Gulf-South Asia classic, the Ten Tola Bar (TTB). Dubai is arguably the best retail market in the world for both: zero import duty, zero VAT on investment gold, and dealer competition that keeps premiums razor-thin.
How Large Bar Prices Are Calculated
Every bar's price is simple arithmetic on the live rate — there is no separate "bar price" market:
- 1 kg bar = 1,000 × the 24K per-gram rate + dealer premium
- Ten Tola Bar = 116.64 grams (10 × 11.6638g) × the 24K per-gram rate + premium
- 100g bar = 100 × the 24K per-gram rate + premium
Check the live 24K rate on our gold rate today page and multiply — or use the gold calculator with the exact weight. Whatever a dealer quotes, this arithmetic is your anchor: the difference between quote and metal value is the premium, and that is the only number to negotiate.
What Premium Over Spot Is Fair?
Premiums shrink as bars get bigger. As a general Dubai pattern: small bars (1g–10g) carry the highest percentage premiums because of minting and packaging; 100g bars sit in the middle; and kilobars carry the thinnest premiums of all retail formats — often under one percent at competitive bullion dealers. The TTB, prized in Pakistan, India and the Gulf, typically prices between the 100g and kilobar tiers. Always get quotes from two or three dealers on the same day — premiums move with supply and demand.
The Ten Tola Bar: Why It Still Matters
The TTB (116.64g, traditionally 999 fine, historically cast without serial numbers) was for decades the standard unit of the Dubai–South Asia gold trade — small enough to carry, big enough to matter. Today's TTBs from reputable refiners come serial-numbered and certified. It remains popular because it maps perfectly onto the tola pricing system used across Pakistan and India: one bar equals exactly ten tola, making family accounting and resale straightforward.
Brands and Where to Buy
- Refinery brands to look for: Emirates Gold and other UAE refiners, plus international names like PAMP Suisse and Valcambi — all with serial numbers and assay certification. See our UAE refineries guide.
- Where: specialist bullion dealers in and around the Deira Gold Souk and Gold & Diamond Park quote live spot-linked prices with transparent premiums. Jewellery shops also sell bars but often at higher premiums than dedicated bullion desks.
- Payment & ID: UAE anti-money-laundering rules mean dealers will ask for Emirates ID or passport on large transactions, and bank transfer is standard for kilobar-size purchases.
VAT, Buyback and Taking Bars Abroad
- VAT: investment-grade gold (99%+ purity bars and coins) is zero-rated in the UAE — you pay no VAT on a 999 kilobar or TTB.
- Buyback: dealers buy bars back at spot minus a small spread — far tighter than jewellery buyback. Keep the certificate and invoice; unopened assay packaging preserves maximum value.
- Travelling with bars: bars are never covered by any duty-free jewellery allowance. India charges duty on bars in any quantity (see our India customs guide); the USA admits bullion duty-free but requires declaration. Always declare at destination.
Frequently Asked Questions
How much does a 1 kg gold bar cost in Dubai?
1,000 × today's 24K per-gram rate, plus a small dealer premium (often under 1% at bullion dealers). The live 24K rate updates daily on our rate page — multiply by 1,000 for the current kilobar metal value.
What is a Ten Tola Bar (TTB)?
A cast gold bar of 116.64 grams (10 tola), traditionally 999 fine — the historic standard of the Dubai–South Asia trade. Modern TTBs from reputable refiners are serial-numbered and certified.
Is there VAT on gold bars in Dubai?
No — investment-grade bars and coins of 99%+ purity are VAT zero-rated in the UAE. This is a key reason Dubai bars are cheaper than in most countries.
Can I take a kilobar or TTB out of Dubai?
The UAE allows it, but the destination country's rules decide what you pay. Bars never qualify for duty-free jewellery allowances: India taxes bars in any quantity; the USA admits bullion duty-free with mandatory declaration. Check destination rules before buying.
Which is better: one kilobar or ten 100g bars?
The kilobar carries a lower total premium; smaller bars offer flexibility to sell in portions. Buyers who may liquidate gradually often prefer several 100g bars or TTBs despite the slightly higher premium.
Disclaimer: General information, not investment advice. Verify premiums, purity certification and destination customs rules before purchasing. Large transactions are subject to UAE AML identification requirements.
Mr. Sajid Aslam
Senior Gold Market Analyst, GoldRatesInDubai.com
Sajid tracks the Dubai gold market daily — DGJG rates, souk premiums and the rules that affect expat buyers — and has covered UAE precious metals for GoldRatesInDubai.com since the site's early days. Read more about our team and data sources.
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