Selling inherited gold in Pakistan from the UAE

For UAE residents the practical advantage is proximity: a short flight makes selling in person realistic, which usually beats selling by proxy. The valuation logic is the same everywhere — board rate, correct karat, net weight, minus the buyer's margin.

Sell in person if you can

A same-week flight from Dubai or Sharjah costs less than the value typically lost selling through an intermediary who has no reason to push for a better price.

If you cannot travel, a power of attorney executed in the UAE needs attestation — typically UAE Ministry of Foreign Affairs and then the Pakistani mission. Build in weeks, not days.

Valuation discipline

Old jewellery is usually 21K or 22K. Have it tested, get net weight after stones and solder, and apply the board rate for that karat.

Expect a buy-back deduction from the board. Get two written offers, preferably one from a wholesale dealer rather than a retail showroom.

Estate paperwork

Where the gold forms part of an estate, a succession certificate or letters of administration will be required before a sale can be documented properly.

Selling estate gold informally to avoid paperwork creates a problem later when the proceeds need to move through a bank.

Moving proceeds to the UAE

Rupee proceeds sent abroad go through the banking channel with evidence of source. A dated sale note plus estate documents is the standard package.

The UAE does not tax personal capital gains, but your obligations depend on your own residency and nationality. Take advice if the sum is significant.

Last reviewed 2026-01-15

Frequently asked questions

Is it worth flying to Pakistan to sell inherited gold?

From the UAE, often yes. Selling in person typically recovers more than the cost of a short flight compared with selling through an intermediary.

How is a power of attorney attested from the UAE?

Usually through the UAE Ministry of Foreign Affairs and then the Pakistani embassy or consulate. Allow several weeks.

Will a Pakistani dealer pay the board rate?

No. The board rate is the metal reference; buy-back is below it, and non-gold components are deducted from weight.

Can I sell Pakistani gold in the Dubai souk instead?

Souks buy scrap gold, but you would need to carry it out of Pakistan legally first. For inherited estate gold that adds complexity rather than removing it.