Lab-grown diamonds

DMCC is a pivotal hub for the development and trade of lab-grown diamonds.

Offering members access to state-of-the-art facilities including the Dubai Diamond Exchange (DDE), the ecosystem sets the international benchmark for standards and transparency in the lab-grown diamond sector.

All members abide by a rigorous code of conduct, including ensuring lab-grown and natural diamonds are not mixed and that there is full disclosure of lab-grown products​​.

Recognising the shift in the diamond industry toward lab-grown diamonds, DMCC hosted the world’s first-ever laboratory-grown diamond tender at the DDE in 2019 with more 50,000 carats of laboratory-grown diamonds up for offer​​.

These facilities and initiatives underscore DMCC’s commitment to advancing Dubai's role in the global lab-grown diamond market, offering potential members a robust and transparent platform for trade and enterprise.

DMCC’s The Future of Trade report (Lab-Grown Diamonds Edition) offers exclusive insights into this fast-growing sector and discusses how this nascent product will shape the Future of Trade, gathering insights from key industry leaders on the opportunities and challenges brought about by LGDs at all levels of the value chain.

In a global first, the DDE has established a Tender Best Practice Forum Code of Conduct, which sets out the key principles for coloured gemstone tenders and auctions in support of both suppliers and buyers. Membership of the Forum is by invitation only and is extended to DDE members who have conducted a minimum of two tenders in the 12 months prior to the establishment of the Forum. 

Situated in the iconic Almas Tower, the DDE Vault seamlessly connects major precious stones trade routes, making it an unparalleled storage hub for clients in the Indian subcontinent, Southeast Asia, Europe, and Africa.

Proudly managed by Ferrari Security & Vaulting DMCC, the state-of-the-art facility boasts 24/7 security, diverse storage and insurance options, and efficient drop-off facilities. Positioned near key transport networks, including Dubai International Airport, it serves as a lynchpin in Dubai's logistics infrastructure.

The DDE Vault is a state-of-the-art storage facility that offers short and long-term storage solutions for diamonds, gold, designer jewellery and other precious items. Adhering to the highest global security standards, deposits and withdrawals can be made via a fully automated robotic system at the client’s convenience.

Situated in the iconic Almas Tower, the DDE Vault seamlessly connects major precious stones trade routes, making it an unparalleled storage hub for clients in the Indian subcontinent, Southeast Asia, Europe, and Africa.

Proudly managed by Ferrari Security & Vaulting DMCC, the state-of-the-art facility boasts 24/7 security, diverse storage and insurance options, and efficient drop-off facilities. Positioned near key transport networks, including Dubai International Airport, it serves as a lynchpin in Dubai's logistics infrastructure.

Home to more than 24,000 companies, from innovative start-ups to global powerhouses, DMCC stands as the world’s premier business hub. Every month, more than 250 visionary businesses join the community, benefitting from an unrivalled suite of world-class support services and state-of-the-art infrastructure. Join DMCC today and create your future in step with Dubai’s unique spirit of enterprise and innovation.

Ecosystem members benefit from an extensive range of professional networking opportunities, from dedicated clubs catering to specific industry sectors to exhibitions and industry events.

With 24,000+ member companies representing 180+ countries specialising in 900+ business activities, DMCC is the world’s most dynamic business hub and district. Here are some of our success stories.

Fill out your application and start your lab-grown diamonds business in DMCC