Diamonds in Dubai vs Diamonds in India
So I’ve been corresponding with Kiran from Cara Jewellers in Dubai and my friend’s sister in Mumbai about diamonds. I’ve decided to offer all the options to my fiance and let him decide if he still wants to put the order in for the Tiffany Novo ring or to design one on our own.
Kiran has been really helpful, even sent me a picture of two diamonds he could keep aside for me – a 1.03 carat and a 1.07 carat diamond. Since they are sealed by the International Gemological Institute in tamper proof packages, he said he would open them in front of me and mount it on the ring. The quotes he gave me were about 2,750 pounds to 3,250 pounds for these rings. I’ve read on other blogs that you can knock off about 40% off that price because the market is very competitive in Dubai and hagling is more than accepted, its actually expected. My friend’s sister in India gave me a quote about $4,000 to $5,000 which roughly translates into 2,000- 2,500 pounds but I think her quote was only based on the centre stone being .88 carat. She also added ‘Every friday ‘rapport’ releases a new diamond price list for all shapes, based on colour and clarity. At the moment the diamond market is not very steady as we are seeing drastic prices changes every week.”
Im still quite suspicious about buying a diamond in the Middle East as I dont know anyone personally who has done so…. I’ve only been reading other people’s experiences on blog but it could actually be these very jewelers online (highly unlikely but very possible) I wanted to create this blog so that everyday readers could actually learn from my mistakes or pick up tips through my own experiences. I’ve read one suggestion to get the ring, after its made, valued at a lab there but it would take a few days. I think most people keep the receipt and then get the ring valued at Hatton Gardens upon their return.