Home / / UAE grey market sells Apple Watch cheaper than UK Apple Store

UAE grey market sells Apple Watch cheaper than UK Apple Store

JadoPado’s third-party merchants rein in mammoth mark-ups on Cupertino’s wrist-wear

Some UAE grey market importers are selling Apple Watch models cheaper than corresponding devices on international Apple Store websites.
Some UAE grey market importers are selling Apple Watch models cheaper than corresponding devices on international Apple Store websites.

UAE grey-market prices for the Apple Watch have taken a nose dive with mark-ups around a tenth of what they were just two months ago and some models cheaper than corresponding devices on international Apple Store websites, according to pricing analysis on six models conducted by ITP.net.

GALLERY: Things you should know about Apple Watch before buying

GALLERY: Apple Watch specs and features

At the end of April, this website reported that third-party merchants affiliated with JadoPado Direct were pricing the Apple Watch with mark-ups as high as 258%, but current premiums average 29%. ITP.net compared the prices of six Apple Watch models available on JadoPado with the same models on the UK and US Apple Store websites.

We found JadoPado’s merchants were selling the Cupertino wearable at an average of 48% more than the US and 10% more than the UK. When considering Apple Watch Sport devices only, those average premiums were reduced to 43% for the US and 6% for the UK.

GALLERY: Things you should know about Apple Watch before buying

GALLERY: Apple Watch specs and features

On April 28, a JadoPado Direct seller was asking AED4,599.00 ($1,250) for an Apple Watch Sport 38mm Silver Aluminium Case with Blue Sport Band. This model is at the bottom end of Apple's price scale and costs $349 to buy from the US online store.

Continues on next page>>


The premium that UAE consumers had to pay at the time was 258%, but the website declared prominently that the unit had been discounted by AED1,300 from AED5,899 ($1,605). The previous asking price represented a 360% premium.

GALLERY: Things you should know about Apple Watch before buying

GALLERY: Apple Watch specs and features

At the time of writing the same model costs AED1,529.00, just 19% more than the US price of AED1,283.00, but 12% less than the UK price of AED1,746.00. The models ITP.net looked at were:

-          A mid-range Apple Watch 42mm Stainless Steel Case with Bright Blue Leather Strap sells on JadoPado for AED3,979.00, 55% more than the US price of AED2,569.00 and 14% more than the UK price of AED3,498.00.

-          A premium Apple Watch Edition 42mm 18-Karat Yellow Gold Case with Black Sport Band sells on JadoPado for AED69,999.00, 59% more than the US price of AED44,100.00 and 26% more than the UK price of AED55,480.00.

-          An entry-level Apple Watch Sport 38mm Space Grey Aluminum Case with Black Sport Band sells on JadoPado for AED1,619.00, 26% more than the US price of AED1,283.00, but 7% less than the UK price of AED1,746.00.

-          An Apple Watch Sport 42mm Silver Aluminum Case with Pink Sport Band sells on JadoPado for AED2,959.00, 102% more than the US price of AED1,466.00 and 49% more than the UK price of AED1,980.00.

-          An Apple Watch Sport 38mm Silver Aluminum Case with Pink Sport Band sells on JadoPado for AED1,599.00, 25% more than the US price of AED1,283.00, but 8% less than the UK price of AED1,746.00.

-          An Apple Watch Sport 38mm Silver Aluminum Case with Blue Sport Band sells on JadoPado for AED1,529.00, just 19% more than the US price of AED1,283.00, but 12% less than the UK price of AED1,746.00.

GALLERY: Things you should know about Apple Watch before buying

GALLERY: Apple Watch specs and features

At the time of writing, UK prices are based on an exchange rate of 1GBP = AED5.84 and include a government-levied value-added tax (VAT) of 20%.