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Dubai: this cycle made of gold costs 1.5 million dirhams – News

Made with 4 kilos of gold, the bicycle costs more than a Rolls-Royce

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Published: Wednesday, October 4, 2023, 6:00 am

Last update: Wednesday, October 4, 2023, 7:14

Popularly known as the city of gold, Dubai shines in all its splendor. The city has seen everything from a gold-plated car to watches and more. The latest masterpiece is a British racing bicycle made of gold. Priced at Dh1.5 million, it costs more than a Rolls-Royce.

The bike was put up for sale in Dubai. Built by Riyadh-based Al Romaizan Gold and Jewelery in Dubai, the bike is made of approximately 4kg of gold and weighs 7kg.

This British racing bicycle, with 24K gold, has taken this modest means of transportation to another level. From the tip of the handlebars to the wheel stays, and all other parts in between, including all the ridges of the gear chain, are made of 24 karat gold.

Mohammad Abbasi, chief digital officer at Al Romaizan, said it took 20 employees about six months to design and develop the product.

“This is the first piece of Al Romaizan. It can be manufactured with 18K, 21K, 22K and 24K variants of the precious metal,” he told Khaleej Times in an interview.

The bike was also displayed at the recent Watches and Jewelry Exhibition at Sharjah Expo, where it wowed visitors.

The company will soon showcase the bike at one of its flagship stores.

Not only is the bike a masterpiece, but the buyer can also ride it.

It has already sparked great interest from potential buyers for this unique piece.

“Anyone can buy this. We had five interested clients and we are about to close a deal with one,” Abbasi added.

He added that tires, brakes, seats and their related parts are not made of gold.

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