Al Dahab Exchange
Info CheckedCurrency Exchange & Money Transfer
Deira, Dubai
About
Al Dahab Exchange is a CBUAE-licensed money exchange and remittance company located on Al Maktoum Street in Deira, Dubai. The company serves a diverse customer base with foreign currency exchange and international money transfer services. Al Dahab Exchange has established itself as a reliable neighbourhood exchange house, known for fair rates and straightforward service in one of Dubai's busiest commercial areas.
Key Services
Al Dahab Exchange offers foreign currency buying and selling, international wire transfers, demand drafts, and bill payment services. The company handles remittances to countries across Asia, the Middle East, and Africa through its network of correspondent banks and transfer partners. Their services are designed for both regular remitters sending money to family back home and occasional customers needing currency for travel or business purposes. The company can also facilitate larger transactions for clients with property-related currency conversion needs.
Why Choose Al Dahab Exchange
Al Dahab Exchange provides a no-frills, efficient service that appeals to customers who value speed and competitive rates over elaborate branch amenities. Their Al Maktoum Street location in Deira is highly accessible and surrounded by other financial service providers, making it convenient for rate comparison. The company's CBUAE licence ensures regulatory compliance, and their experienced staff can process transactions quickly even during busy periods. For regular customers, Al Dahab Exchange often offers preferential rates on repeat transactions.
Services Offered
Key services Al Dahab Exchange provides for currency exchange & money transfer clients in Dubai:
Areas of Dubai Covered
Al Dahab Exchange serves the following areas across Dubai:
Why Choose Al Dahab Exchange
- Licensed by the Central Bank of the UAE (CBUAE) to conduct foreign exchange and remittance business.
- Network of 13+ branches across Dubai, Abu Dhabi, Sharjah, Ajman and Al Ain for in-person service.
- Worldwide remittance reach connected to over 100,000 banks and agent locations globally.
- Part of the Dahabshiil group, an established international money-transfer business.
- Serves 200,000+ customers with both retail and corporate (WPS) payment services.
How Al Dahab Exchange Works
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1
Visit a branch with valid ID
Bring your Emirates ID or passport to any Al Dahab Exchange branch to begin a transfer or currency exchange.
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2
Provide transfer details
Share the beneficiary bank account or cash-collection details, destination country, and amount.
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3
Confirm rate and pay
Review the exchange rate and applicable fee for your corridor, then settle in cash or by accepted method.
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4
Receive confirmation
Collect your receipt and reference; funds are routed via the correspondent bank or agent network.
Business Profile
Hours and pricing may change — confirm directly with the business before engaging.
Licenses & Certifications
Licenses and certifications are subject to renewal. Verify current status with the issuing authority before engagement.
Frequently Asked Questions
Is Al Dahab Exchange regulated in the UAE?
Yes. Al Dahab Exchange is licensed by the Central Bank of the UAE (CBUAE) to carry out foreign exchange and remittance business. Exchange houses operating in the UAE must hold a CBUAE licence.
Can I transfer money from abroad to buy property in Dubai?
A UAE exchange house facilitates outbound and inbound transfers through its branches and correspondent network. For large property-purchase sums sent into a Dubai developer or escrow account, confirm transfer limits, documentation, and the receiving account details directly with the branch and with your conveyancer before sending.
Where are Al Dahab Exchange branches located?
The company operates 13+ branches across the UAE, with locations in Dubai, Abu Dhabi, Sharjah, Ajman and Al Ain. Specific branch addresses and hours are listed on its official branches page.
Does Al Dahab Exchange handle corporate salary payments?
Yes. It provides Wage Protection System (WPS) processing and corporate payment services for businesses paying employee salaries in the UAE.
How far can I send money?
The company offers worldwide remittances, connected to a global network of over 100,000 banks and agent locations, barring a few countries with legal or political limitations.
Should I use a branch or an app for my transfer?
Al Dahab Exchange operates through its branch network. For large or first-time transfers, visiting a branch lets staff verify documentation and confirm the rate and fee for your specific corridor before you commit.
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