Have you ever wondered how many gold ATMs are in Dubai? Well, get ready to be amazed because Dubai is not only known for its luxurious hotels and breathtaking skyscrapers, but also for its abundance of gold.
In fact, Dubai is often referred to as the “City of Gold”. So, it’s no surprise that this city has taken the concept of convenience to a whole new level by installing gold ATMs!
The Gold ATM Phenomenon
Dubai is home to some of the most extravagant shopping experiences in the world. And what better way to indulge in luxury than by purchasing pure gold from a vending machine? Yes, you read that right – gold vending machines!
These unique machines are not your typical ATMs that dispense cash. Instead, they dispense small bars or coins made of 24-carat gold. The idea behind these gold ATMs is to provide residents and tourists with an easy and secure way to purchase gold on the go.
How Many Gold ATMs Are There?
Dubai boasts a staggering number of gold ATMs throughout the city. As of now, there are approximately 50 gold ATMs scattered across various popular locations in Dubai. These include famous shopping malls, hotels, and even the Dubai International Airport.
The first-ever gold ATM was introduced by a German company called “Gold to Go”, back in 2010 at the Abu Dhabi Emirates Palace Hotel. Since then, these machines have gained immense popularity among locals and tourists alike.
The Process
Using a gold ATM is a relatively simple process:
- Approach the machine and select your preferred language.
- Browse through the available options, which usually include gold bars and coins of different sizes.
- Make your selection and insert the required amount of cash or use a credit/debit card for payment.
- The machine will dispense your chosen piece of gold, which is packaged in a stylish box along with a certificate of authenticity.
It’s worth noting that the prices of gold in these ATMs are updated every few minutes to reflect the current market rates. So, you can be sure that you’re getting a fair deal.
A Symbol of Luxury
The presence of gold ATMs in Dubai is more than just a convenience; it’s a testament to the city’s commitment to luxury and extravagance. These machines have become iconic symbols of Dubai’s status as a global shopping destination.
Whether you’re looking to invest in gold or simply want to own a unique piece as a souvenir, Dubai’s gold ATMs offer an unparalleled shopping experience. So, the next time you find yourself in this glittering city, don’t forget to visit one of these extraordinary vending machines!