The 3 Best Pawn Shops in Dubai

Dubai is a city known for its luxurious lifestyle and thriving commerce, making it a hub for various services, including pawn shops. Whether you’re looking to secure a short-term loan, trade valuable items, or shop for pre-owned luxury goods, pawn shops in Dubai provide a unique blend of convenience and discretion. This guide explores the 3 best pawn shops in Dubai, offering insights into their services, pricing, and key considerations to ensure a smooth and reliable experience.

  • Short-term loans against collateral, including gold, jewelry, electronics, and luxury watches.
  • Sale of pre-owned luxury goods, such as handbags, watches, and fine jewelry, at competitive prices.
  • Expert appraisal services for precious items, ensuring accurate valuation.
  • Safe storage options for valuable items during loan periods.
  • Transparent pricing and interest rates, typically ranging from $50 to $1,000 depending on the item’s value and loan terms.
  • Key considerations include verifying the shop’s licensing, ensuring confidentiality, and understanding loan repayment terms to avoid penalties.
  • 3

    Number of companies

    644

    Verified reviews

    5,00

    Average rating

    Tango Plus
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    1. Tango Plus

    5,0/5
    Al Karama Metro Footbridge Landside
    • Pawn shop
    • Cell phone accessory store
    • Cell phone store

    Why we chose them

    Sell My Phone – Tango Plus specializes in offering a seamless solution for selling and trading pre-owned electronics in Dubai. Catering to a wide range of devices, including smartphones, laptops, tablets, and smartwatches, the company ensures a fast and secure process for customers looking to turn their used gadgets into instant cash. With a focus on convenience, they provide flexible options like store drop-offs or home pickups, and an innovative Buyback service that allows customers to repurchase their devices within 30 days, offering unmatched flexibility and peace of mind.

    In addition to being a trusted destination for selling electronics, the company serves as a comprehensive tech hub with services such as a pawn shop, cell phone accessory store, and cell phone retail store. Customers can also explore a variety of quality pre-owned devices and accessories, all backed by a commitment to competitive pricing and exceptional customer service. Their user-friendly platform and efficient processes make them a standout choice for anyone seeking reliable and hassle-free electronic trade-in services.

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    Bsw General Trading
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    2. Bsw General Trading

    5,0/5
    • Pawn shop
    • Cell phone accessory store
    • Cell phone store

    Why we chose them

    BSW General Trading stands out as a leading destination in Dubai for buying and selling pre-owned electronics. Conveniently located near Al Qusais Metro Station, the company specializes in smartphones, laptops, tablets, and smartwatches from all brands, regardless of condition. Their innovative services include a flexible buyback option, allowing customers to sell their devices for instant cash with the ability to repurchase them within 30 days. This service is perfect for those needing temporary financial solutions without permanently parting with their gadgets.

    Renowned for their seamless and secure process, BSW General Trading guarantees the best prices for used electronics. Customers can choose between store drop-off or home pickup options, making transactions highly convenient. The company also offers a range of complementary services, such as selling quality pre-owned devices and tech accessories. With a customer-first approach and a reputation for trustworthy service, they have become a preferred choice for individuals looking to trade, upgrade, or temporarily sell their electronic devices.

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    Trade My Gold
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    3. Trade My Gold

    5,0/5
    API world tower Floor 31 Office #29
    • Pawn shop
    • Crypto ATM
    • Diamond buyer
    • Diamond dealer
    • Jewelry buyer
    • Jewelry exporter
    • Jewelry store
    • Gold dealer

    Why we chose them

    Trade My Gold stands out as a trusted gold buyer in Dubai, offering a transparent and efficient process for selling gold, diamonds, and other precious metals. Known for guaranteeing the best prices, the company provides doorstep services where professionals assess the value and purity of gold using advanced XRF machines. Their commitment to accuracy and transparency ensures customers receive spot cash payments based on current market rates. The company also offers services such as diamond buying, jewelry exporting, and crypto ATMs, catering to a wide range of needs in the precious metals and jewelry market.

    Trade My Gold prides itself on its customer-centric approach, allowing clients to book appointments for evaluations either at their office or at their preferred location. The process involves ultrasonic cleaning and thorough evaluation in front of the customer, ensuring authenticity and reliability. As part of “The Aureate Group LLC – FZ,” the company is ISO-certified and maintains strict policies against handling stolen or unauthentic gold. This dedication to ethical practices and premium service makes them a standout choice for individuals looking to sell or trade their valuables in Dubai and surrounding areas.

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    Frequently asked questions

    What services do pawn shops in Dubai typically offer?

    Pawn shops in Dubai commonly provide short-term loans against collateral such as gold, jewelry, electronics, luxury watches, and handbags. They also sell pre-owned luxury goods at competitive prices and offer expert appraisal services for valuable items.

    How are items valued at pawn shops in Dubai?

    Items are typically appraised by experts based on their current market value, condition, brand, and demand. Precious metals like gold are often valued according to weight and purity.

    What is the average price range for short-term loans at pawn shops in Dubai?

    The average loan amount in Dubai ranges from €50 to €1,000, depending on the value of the collateral and the terms of the agreement.

    How long does it take to get a loan from a pawn shop in Dubai?

    The process is generally quick and can be completed within a few hours. After the item is appraised and the terms are agreed upon, the loan is typically disbursed on the same day.

    What should I consider when choosing a pawn shop in Dubai?

    Ensure the shop is licensed and reputable, verify their confidentiality policies, and review the loan repayment terms to avoid penalties. Comparing interest rates and fees among different shops is also recommended.

    Are pawn shops in Dubai safe for storing valuable items during the loan period?

    Yes, reputable pawn shops in Dubai provide secure storage options for collateral items, ensuring they are kept in a safe and protected environment until the loan is repaid.

    What happens if I fail to repay the loan on time at a pawn shop in Dubai?

    If you fail to repay the loan within the agreed-upon time frame, the pawn shop typically has the right to sell your collateral to recover the loan amount. Make sure to understand repayment terms and penalties beforehand.

    Can I buy pre-owned luxury goods from pawn shops in Dubai?

    Yes, many pawn shops in Dubai sell pre-owned luxury items, such as watches, handbags, and fine jewelry, at competitive prices. These items are often authenticated to ensure quality and authenticity.

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