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Dubai diamond industry hits file $41.7 billion as volumes surge to all-time top

By spsingh
Last updated: July 13, 2026
5 Min Read
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Dubai diamond industry hits file .7 billion as volumes surge to all-time top

DMCC says emirate accomplished double file in 2025 with 359.5 million carats traded and diamond marketplace price exceeding AED 153 billion

Dubai: Dubai’s diamond industry reached a file US$41.7 billion (AED153.14 billion) in 2025, surpassing the former top of US$40.9 billion recorded in 2011, in step with information launched by means of the Dubai Multi Commodities Centre (DMCC) and Dubai Customs.

The emirate additionally recorded a historical top in industry quantity, with 359.5 million carats traded all the way through the 12 months, representing annual expansion of 42.5 %. It marks the primary time that Dubai has accomplished file highs in each the price and quantity of diamond industry in the similar 12 months.

The whole price of diamond industry throughout all classes higher by means of 16.2 %, emerging from US$35.8 billion in 2024 to US$41.7 billion in 2025, an build up of US$5.8 billion in one 12 months.

The colored gemstone sector additionally delivered sturdy expansion, with industry achieving a file US$1.1 billion (AED4.04 billion) in 2025, up 48 % year-on-year.

Lengthy-term expansion

The most recent figures underline the continuing growth of Dubai’s diamond business. Since 2020, the price of diamond industry via Dubai has higher by means of 139 %, whilst industry quantity has doubled.

Ahmed Bin Sulayem, Govt Chairman and Leader Govt Officer of DMCC, stated the effects mirror the good fortune of Dubai’s long-term approach to construct a globally hooked up and environment friendly gemstone buying and selling ecosystem.

“The latest results for Dubai’s diamond trade reflect the success of a long-term strategy aimed at building the most interconnected, transparent and efficient gemstone ecosystem in the world,” he stated.

“Since the COVID-19 pandemic in 2020, the volume of diamond trade through Dubai has doubled, while its value has increased by nearly 140 percent.”

Bin Sulayem added that the price of industry in polished herbal diamonds on my own has higher by means of 246 % since 2020, serving to Dubai improve its place as a most well-liked vacation spot for manufacturers, producers, investors and outlets around the world business.

Herbal diamonds force expansion

Herbal diamonds remained the dominant section of the marketplace in 2025, accounting for 95.8 % of the overall price of diamond industry.

The worth of herbal diamond industry reached US$39.9 billion (AED146.43 billion) all the way through the 12 months.

Business in tough herbal diamonds reached 205.2 million carats, making it the second-highest quantity ever recorded and representing expansion of just about 34 % when put next with 2024.

The worth of polished herbal diamond industry climbed to US$18.7 billion, an build up of just about 25 % year-on-year.

DMCC famous that regardless of expansion in artificial diamonds and colored gems, herbal diamonds stay the cornerstone of Dubai’s diamond marketplace and the important thing driving force of long run expansion.

Increasing ecosystem

The consequences additionally highlighted the rising variety of Dubai’s gemstone sector.

Colored gemstone industry reached a file stage, supported by means of a 68.8 % build up in imports and 33.5 % expansion in re-exports.

In the meantime, artificial and laboratory-grown diamonds endured to increase their percentage of the marketplace and now account for roughly 39 % of general diamond industry quantity by means of carat weight.

DMCC operates the Dubai Diamond Change (DDE), the area’s greatest diamond public sale and mushy facility and one of the most international’s greatest diamond buying and selling communities.

The centre stated its built-in ecosystem, which incorporates logistics products and services, customs amenities, finance, grading products and services and specialized infrastructure, continues to improve Dubai’s place as one of the most international’s main world diamond buying and selling hubs.

spsingh
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