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Sure, the iPhone 5 is the most sought-after new phone on the planet right now, but for some it just doesn’t have enough bling.

For those high flyers, Gold & Co. of London has created a 24-karat gold-plated iPhone 5, which will go on saleat the Collector’s Palace in Dubai Mall in the United Arab Emirates. The price of the item hasn’t been disclosed. A top-of-the-line iPhone 5 with 64 GB retails for $849 without a contract. Gold-plated iPhone 4S devices run as high as $1,224 while a gold-plated iPad from Gold & Co. fetches around $4,600.

Of course, investing in a gold plating may not be such a crazy idea, given the iPhone 5′s propensity to scratch.

Image courtesy of Gold & Co.