For all the ladies who love owning diamond, Dubai is an excellent place in which to buy quality diamonds at prices which can sometimes be almost 50% cheaper than in other countries. This is primarily because of two reasons. Because of Dubai’s tax free business module, you do not have to pay taxes on diamonds bought in Dubai and because of Dubai’s strategic location, most diamonds, which arrive from India and South Africa, do not have to travel such great distances to reach the country. Furthermore, most diamond merchants will negotiate prices with potential buyers so a little haggling can get you further prices reductions.
Unlike gold, most jewelers agree that diamonds do not appreciate over time. Gold, which is often treated like a currency owing to its consistent character, is easily exchangeable without having to be assessed, especially in the case of gold bars. Diamonds, however, are much harder to sell. Each diamond is unique in its characteristics, size, cut and color. When you buy diamond jewelry from a shop, you have possibly already lost 20 percent on its resale the minute you walk out of the shop with your purchase, unless a seller gives you a time-bound buy back guarantee.
Features Quality Diamond
A diamond’s quality can be determined by several distinguishing features commonly referred to as 4C, cut, color, clarity and carat. Pay attention to these when making your purchase. Diamond cut. This refers to the workmanship and the quality of a diamond in terms of sparkle, brilliance and fire. At the end of 2005, the Dubai Metal and Commodities Center (DMCC) revealed the exceptional Dubai cut, a 99 faceted diamond inspired by the 99 names of Allah. Diamond color. As a general rule of thumb, the less color a diamond possesses the more valuable it becomes.
Diamond clarity. This measure the clarity of a diamond with grades running from flawless without any imperfections to included which will not be as perfect in terms of clarity. Diamond carat. Refers to the weight of a diamond, the heavier the diamond the more valuable it becomes. Diamond certification. Often referred to as the 5th C, a diamond certificate is issued by a third party agency, not buyer or seller, authenticating the characteristics of a diamond.