Points to consider when buying a ring
The most expensive diamond sold by one jeweller to a buyer in Dubai recently was worth an astronomical Dh15 million. The luxurious piece was a 15carat sparkling diamond of stunning quality. But you don’t have to buy the most expensive ring or drain your fortunes to impress the lady in your life.
If you’re on a tight budget, try looking for diamond rings in the lowrange category, where prices can vary between Dh700 and Dh2,000, says Iyad Almadi of Damas Boutique in Dubai Mall. You can also check out charming pieces in pave settings, where the tiny gems are set closely together. If you opt for a single stone, you can get less than 0.5 carat with average to good colour and clarity.
"Diamonds in pave settings are very popular because they’re not very expensive. They’re not single stones. They’re small bits or more like crushed diamonds encrusted together in different designs," explains Almadi.
In the medium range, diamonds can cost between Dh3,500 and Dh12,000. Your choices can range between half and one carat weight. There are many varieties of pave settings you can choose from, and you have good options in terms of colour and clarity. Diamond rings in the highrange category can cost between Dh15,000 and Dh100,000. You can go for one to three carat with good colour and clarity.
Diamonds in the very highrange category cost more than Dh100,000 up to millions.
"If you pay this amount for a ring, it should have the perfect cut, excellent colour, symmetry and proportions. You don’t have to worry about clarity because you will definitely get the flawless piece or the one in the VVS (very very slightly included) category," says Almadi.
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