Around 30,000 counterfeit watches have been seized in Dubai.
In a series of Tweets, the Dubai Police revealed how the gang was arrested within 60 minutes of receiving the tip-off.
Officials confiscated items worth AED1.2 billion found in two apartments in Naif.
Residents have been urged to cooperate with police officers by reporting such incidents which undermine the country's security and economy.
UAE petrol prices to increase in June, diesel to drop
Motorists will have to pay more for petrol in June as prices continue to rise for the fourth month in a row.
UAE and Serbia discuss expanding economic and energy cooperation
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has held talks with Serbian President Aleksandar Vučić on strengthening cooperation between the two countries across a range of sectors, including the economy, development and renewable energy.
Dubai Police returns $20,000 to tourist who lost cash at airport
A tourist from Saudi Arabia flying through DXB's Terminal 1 was pleasantly surprised when Dubai Police returned her bag with $20,000 (AED 73,450) in cash, 150gm of gold and other valuables, she had lost before boarding her flight.
UAE issues travel advisory amid Ebola outbreak
The Ministry of Foreign Affairs is advising UAE nationals and residents to avoid non-essential travel to Uganda, the Democratic Republic of the Congo and South Sudan due to the evolving public health situation related to Ebola.
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