5 Money Changers in Dubai with Best Exchange Rates

Dubai Travel Guide / December 05, 2019

Image credit: whitelacephotography

The most important thing you need to know about currency exchange in Dubai is that the dirham, UAE’s currency, is pegged with the US dollar at AED 3.67 per US dollar. This means that you can expect to sell and buy US dollar at non-fluctuating rates of AED 3.66 and AED 3.68 respectively.

Except for the US dollar, other currencies’ rates are dynamic and change regularly.

In Dubai, one can use the money exchange services of banks, hotels, stand-alone money changers or currency exchange chains.

Many travelers prefer to go with money changer chains because they have the best rates and many outlets in good locations. These chains usually offer the same rates across their outlets.

The easiest and most convenient way to get your job done is do it at the malls. Every mall has at least one money exchange branch, which belongs to a reputable money changer chain. The opening hours of these branches are as same as the mall operating hours.

If you are planing to visit Dubai with your traveler’s cheques, just go ahead with your plan. Because this kind of cheques is widely accepted.

To get you more dirhams for your trip, refer to the below list of the best money changers in Dubai. These places are recommended simply because they have good rates and reputation for service quality.

1. Al Ansari Exchange

Image credit: Al Ansari Exchange

Al Ansari Exchange was listed as one of the Forbes Middle East’s Top Companies in the Arab World in 2015. It also won the Silver Award of the Sheikh Khalifa Excellence Award in 2014.

Al Ansari Exchange opened its first branch in 1966. At this point of time, it has over 170 branches all over the UAE, with more than 70 outlets in Dubai. So there is a high chance that you will come across one of them while touring the city and malls.

Their services include buying and selling foreign currencies, money transfer, and bill payments. Traveler’s cheques are accepted.

BEST RATES FOR

USD
EUR
OMR
INR
MYR
QAR
CNY/RMB
TWD/NT
JPY
PHP
KWD

RECOMMENDED BRANCHES
1. Al Ansari Exchange @ Al Barsha

This is Al Ansari’s main branch.
Located at Shop No.2, Ground Floor, Al Ansari Business Centre, Al Barrsha 1, Dubai, UAE
Phone: +971 (4) 501 0500
Opening hours: Saturday to Thursday 08:00 – 22:00 (Closed on Fridays)

2. Al Ansari Exchange @ Al Fahidi Souk

This outlet is best for those who plan to shop at Al Fahidi Souk and the nearby Meena Bazaar.
Located at Shop No. GR94, Ground Floor, Block No. 2, Al Fahidi Market, Al Souq Al Khabeer Area, Dubai, UAE
Phone +971 (4) 3522704
Opening hours: Saturday to Thursday 09:00 – 22:00; Friday 16:00 – 22:00

3. Al Ansari Exchange @ Al Ghubaiba

Located at Al Ghubaiba Bus Station, Bur Dubai, Dubai, UAE
Phone +971 (4) 3257512
Opening hours: Saturday to Friday 08:00 – 23:30

4. Al Ansari Exchange @ City Centre Deira

This branch is situated inside the mall and near other tourist attractions in Deira.
Located at Shop G09, Ground Floor, City Centre Deira, Dubai, UAE
Phone +971 (4) 2943334
Opening hours: Saturday to Friday 09:00 – 24:00

5. Al Ansari Exchange @ Dubai Mall

This branch is convenient for shoppers and mall-goers at Dubai Mall.
Located opposite Waitrose Supermarket, Dubai Mall, Dubai. UAE
Phone: +971 (4) 3253499
Opening hours: Saturday to Friday 09:00 – 24:00

NOTE: To check their today-exchange-rates, follow this link

2. Al Rostamani International Exchange

Image credit: Mall of the Emirates

Al Rostamani International Exchange (ARIE) is the first foreign exchange company in Dubai to receive the Dubai Quality Award in 2003.

Its services include currency exchange, money transfer, and credit card payment.

Al Rostamani International Exchange has 16 outlets in Dubai.

BEST RATES FOR

RECOMMENDED BRANCHES
1. Al Rostamani @ Sheik Zayed Road

It is Al Rostamani International Exchange’s headquarters.
Located at Al Rostamani Twin Towers, Sheikh Zayed Road, Dubai, UAE
Phone: +971 (4) 3327444
Opening hours: Saturday to Thursday 09:00 – 21:00; Friday 16:00 – 21:00

2. Al Rostamani @ Al Fahidi St.

This branch is located near the Old Souk/Textile Souk of Dubai.
Located at Al Rostamani Bldg., Al Fahidi St., Bur Dubai, Dubai, UAE
Phone: +971 (4) 3530500
Opening hours: Saturday to Thursday 09:00 – 21:30; Friday 16:30 – 21:30

3. Al Rostamani @ Bur Dubai

Located at Level 1, Al Khaleej Center, Bur Dubai, Dubai, UAE
Phone +971 (4) 3511125
Opening hours: Saturday to Thursday 09:00 – 22:00; Friday 17:00 – 22:00

4. Al Rostamani @ Deira

Located at Al Bader Bldg., Baniyas Road, Deira, Dubai, UAE
Phone: +971 (4) 2223564
Opening hours: Saturday to Thursday 09:00 – 21:00; Friday 16:30 – 21:00

5. Al Rostamani @ Karama

This branch is situated inside the Al Khazna Center near Karama Park and Karama Market.
Located at Ground Floor, Al Khazna Center, Kuwait St., Karama, Dubai, UAE
Phone: +971 (4) 3344662
Opening hours: Saturday to Thursday 9:00 – 21:30; Friday 16:00 – 21:30

NOTE: To check their today-exchange-rates, follow this link

3. Al Fardan Exchange

Image credit: Al Fardan Exchange

Al Fardan Exchange UAE was awarded as the 2011 Best Money Transfer Company in the Middle East by the International Association of Money Transfer Networks (IAMTN).

The company is the foreign exchange subsidiary of the Al Fardan Group that traces back its history to 1954. It has 16 branches around Dubai, which offers foreign exchange, remittance, and other financial services.

BEST RATES FOR

RECOMMENDED BRANCHES
1. Al Fardan Exchange @ Bur Dubai

This is the Dubai headquarters of Al Fardan Exchange.
Located at Ground Floor, Al Zara Techno Centre, Khalid Bin Waleed Road, Al Raffa, Bur Dubai, Dubai
Phone: +971 4 7090950, 7090955, 7090958, 7090961
Opening hours: Saturday to Thursday 08:30 – 21:30; Friday 09:00 – 21:30

2. Al Fardan Exchange @ Deira

This branch is right behind the Deira Twin Towers and near Baniyas Square.
Located at Al Maktoum Street, Dubai, UAE
Phone: +971 (4) 2280004
Opening hours: Saturday to Thursday 08:30 – 22:00; Friday 15:00 – 20:30

3. Al Fardan Exchange @ Deira City Centre

Located at Deira City Centre, Level 1, Store C27, Baniyas Road, Port Saeed, Dubai, UAE
Phone: +971 (4) 7090489
Opening hours: Sun to Wed 09:30 – 22:30; Thu to Sat 09:30 – 24:00

4. Al Fardan Exchange @ Al Qusais

Located at Damascus Road – Halab Street Junction, Al Qusais Industrial Area 2, Dubai, UAE
Phone: +971 (4) 2578303
Opening hours: Sat to Thu 08:30 – 21:30; Fri 15:00 – 21:00

5. Al Fardan Exchange @ Hudaiba

Located at Mankhool St., Dubai, UAE
Phone: +971 (4) 3988852
Opening hours: Sat to Thu 08:30 – 22:00; Fri 09:00 – 11:30, 14:00 – 22:00

NOTE: To check their today-exchange-rates, follow this link

4. UAE Exchange

Image credit: UAE Exchange

UAE Exchange is among the biggest money exchange chains in Dubai. It was established in 1980 and operates in 31 countries.

The company has more than 60 branches in Dubai, offering foreign exchange, money transfer, and bill payment services. They also have a loyalty program that rewards long-time customers.

UAE Exchange was a recipient of the International Business Excellence Award in 2016.

BEST RATES FOR

RECOMMENDED BRANCHES
1. UAE Exchange @ Al Qusais

UAE Exchange’s Dubai Country Office is situated here.
Located at UAE Country Office Building Shop No. 3, Al Mansoori Building, Damascus Street, Dubai, UAE
Phone: +971 (4) 2930870
Opening hours: Sat to Thu 08:00 – 22:00; Fri 08:30 – 11:30, 14:00 – 22:00

2. UAE Exchange @ Deira

Its location is near to the Gold Souk.
Located at Naif Road, Nasser Bin Abdul Latif Elsarkal Building, Deira, Dubai, UAE
Phone: +971 (4) 2268616
Opening hours: Sat to Thu 08:00 – 22:30; Fri 08:30 – 11:30, 14:00 – 22:30

3. UAE Exchange @ Al Fahidi Station

This branch is near the historical Al Fahidi Fort and the Dubai Museum.
Located at Shop No R 40.4, Al Fahidi Metro, Dubai, UAE
Phone: +971 (4) 3796604
Opening hours: Sat to Thu 08:00 – 23:00; Fri 13:30 – 23:00

4. UAE Exchange @ Al Ghubaiba Station

Located at Shop No R 40.6, Al Gubaiba Metro, Dubai, UAE
Phone: +971 (4) 3799895
Opening hours: Sat to Thu 08:00 – 23:00; Fri 13:30 – 23:00

5. UAE Exchange @ Bur Dubai

Located at Minors Affairs Foundation Building, Dubai, UAE
Phone: +971 (4) 3537070
Opening hours: Sat to Thu 08:00 – 22:00; Fri 08:30 – 11:30, 14:00 – 22:00

5. Sharaf Exchange

Image credit: Sharaf Exchange

Sharaf Exchange was established in 1996 as part of the Sharaf Group. It has more than 15 branches in Dubai, providing people with currency exchange and remittance services.

Sharaf Exchange also offers 24/7 money transfer service though its strategically located kiosks. Customers need to register for this Western Union tie-up service.

BEST RATES FOR