One always tends to avoid money exchanges which charge a commission for exchanging money. But you should be aware that a “commission free” tag does not necessarily get you the best exchange rate. It is advisable to pay the commission and get a better exchange rate for your money. Do the math yourself and decide if you are getting a fair rate.
Thankfully, turning your foreign currency into UAE dirhams is no hassle in Dubai. Whether you are visiting Dubai on holiday, living in Dubai and looking to send money back home at a good rate, Dubai has a list of trusted and reliable money exchanges.
Al Ansari Exchange is renowned as the money exchange with the largest network of branches in the UAE. Set up even before formal banking was established in the UAE, the money exchange was initially set up to meet the foreign exchange and remittance needs of the trading partners and customers of Al Ansari group.
With a huge network of more than 170 branches, the company has over 2500 employees of various nationalities and provides fast, reliable and efficient services at reasonable rates.
Backed by a legacy of more than 35 years, Al Ghurair Exchange (AGEX) is one of the leaders amongst the exchange houses in Dubai. The name is synonymous with trust and efficiency and serves more than 1000 customers everyday with remittances, foreign exchange, and several other value added services.
Location: Level 1, Gate #2, Mall of Emirates, Dubai
Timings: Sunday to Thursday 9 AM - 10 PM, Friday to Saturday 9.00 AM - 12 PM
Telephone: +971 4 3342113
An industry pioneer and veteran with a track record of more than 45 years, Al Fardan is one of the oldest and well-renowned amongst the UAE exchanges in operation today. In fact, it traces its history even before the formation of the UAE. Today, it serves people from more than 200 countries cutting across all socio-economic divides. Al Fardan has more than 54 branches and offers extremely efficient customer-centric services to all their clients.
Part of the reputed Al Rostamani Group, Al Rostamani International Exchange (ARIE) has an impeccable record and several branches in the key areas of the country. With branches placed in high streets, airports and malls, it enables their customers to easily access their services. The branch on the Level 1 of the Mall of the Emirates offers services like MoneyGram, express money, traveller cheques, bank transfers, currency exchange, National Bonds, instant money transfer and much more.
With most of these exchanges located conveniently on the ground level, you can make your weekly money remittances when you are out grocery shopping every weekend at Carrefour of the Mall of the Emirates. They are also easily accessible for exchanging foreign currency before hitting the stores to splurge on all the great deals that Dubai has to offer.
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