If you are a watch enthusiast, then you must have heard that Rolex watches are cheaper in Dubai. This notion has been doing rounds for quite some time now, and many people are curious to know whether it’s true or just a myth. In this article, we will explore this topic and find out if Rolex is indeed cheaper in Dubai.
Why Dubai?
Dubai is known for its luxury shopping experience, and it’s no secret that the city is home to some of the world’s most high-end brands. The city has become a shopping destination for people from all over the world who come to buy luxury items at lower prices. One of the reasons why Rolex watches may be cheaper in Dubai is because of its tax-free policies.
Tax-Free Policies
Dubai has a tax-free policy on most goods and services, including luxury items. This means that shoppers do not have to pay any value-added tax (VAT) on their purchases.
In comparison, countries like the United States and Europe have a VAT ranging from 5% to 25%. This makes Dubai an attractive destination for shoppers looking to save money on their luxury purchases.
Rolex Prices in Dubai
Now that we know about Dubai’s tax-free policies let’s look at whether Rolex watches are actually cheaper in Dubai. The answer is yes; Rolex watches can be cheaper in Dubai than other parts of the world due to the city’s tax-free policies.
For instance, a Rolex Submariner Date with a steel bracelet costs around $7,500 (AED 27,500) in the United States after taxes. However, you can buy the same watch from authorized dealers in Dubai for around $6,800 (AED 24,990), which is a saving of $700.
Note:
It’s important to note that prices of Rolex watches may vary depending on the model, materials used, and demand. Some models may be cheaper in Dubai, while others may be more expensive.
Buying Rolex Watches in Dubai
If you are interested in buying a Rolex watch in Dubai, there are a few things that you should keep in mind. Firstly, make sure to buy from authorized dealers who have a reputation for selling genuine products. Secondly, do your research and compare prices from different dealers to get the best deal.
It’s important to note that some unscrupulous dealers may sell counterfeit products or charge exorbitant prices for genuine watches.
Conclusion
In conclusion, Rolex watches can indeed be cheaper in Dubai due to the city’s tax-free policies. However, it’s essential to do your research and buy from authorized dealers to ensure that you get a genuine product at the right price. With these tips in mind, you can save money on your luxury purchases and enjoy an unparalleled shopping experience in Dubai.
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