Two of the suspects were arrested in the UAE, with one being detained in a European country.
The police said Dh14m of jewellery was stolen and then recovered.
Dubai: Police have arrested three people in connection with a jewellery heist at Dubai’s Wafi City shopping mall.
Police told a press conference that Dh14m of jewellery had been stolen in the raid, and that it had been recovered.
Lieutenant General Dahi Khalfan Tamim, Chief of Dubai Polices, said: “I have previously said that the robbers stole one minute of our time, but they did not and will not steal Dubai Police’s professionalism.
"This professionalism along with the police tactics are smarter than any criminal. A criminal’s success is temporary because he will not get away with his crime and then be arrested against his will,” he added.
The daring raid on April 15 stunned shoppers at the mall, as armed men crashed through the front doors of Wafi City in two stolen Audi cars.
They then threatened the staff at the exclusive Graff store, before getting back into their cars and driving away.
Police revealed that two of the arrests were made in the UAE, while one person was detained in an unspecified European country.
The total value of the jewellery stolen - which was recovered from a car in the UAE on Saturday - was Dh14m according to police.
It was revealed that one of the suspects provided logistical support to the gang, while the second was in charge of hiding the jewellery and sending it abroad.
Police also said the robbers, who were part of an international gang, used a plastic gun during the heist.