In the United Arab Emirates, an influx of high net worth individuals (HNWIs) relocating to or visiting the country has fuelled growth of premium costume and fine jewellery. While some residents are reducing their spending, a substantial number of wealthy newcomers — many from countries grappling with hyperinflation or political instability — are arriving in large numbers.
Luxury brands such as Cartier, Damas, Bvlgari, and Piaget are increasingly embracing Arabic-inspired designs, incorporating elements such as calligraphy and traditional motifs into their jewellery collections. This trend is anticipated to gain momentum, particularly as advancements in AI technology enhance the creative process of jewellery making.
A sizeable portion of fine jewellery sales in the United Arab Emirates is linked to weddings. Recent changes to civil marriage laws now allow non-Muslims to opt for civil marriage in the country, encouraging many expatriates to marry in the United Arab Emirates rather than abroad.
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Understand the latest market trends and future growth opportunities for the Jewellery industry in United Arab Emirates with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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Jewellery
Jewellery is a kind of personal adornment usually made with various precious and semi-precious materials such as gemstones, precious metals, beads, glass, and shells. Jewellery is segmented as either real or costume jewellery. Hair Accessories are not included as part of Real or Costume jewellery.
See all of our definitionsThis report originates from Passport, our Jewellery research and analysis database.
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