Dubai has been named as one of the world’s top destinations for shopping. A recent report revealed that 56% of the all major international brands had operations in Dubai highlighting the importance of the cities retail sector to the leading trademarks.
A senior retail consultant for CB Richard Ellis (CBRE) explained “Historically, Dubai has been the entry city to the Middle East, but now retailers are looking to replicate their success in other Middle Eastern countries with a similar consumer base.”
Since 2006, Dubai’s retail sector has exploded gaining over 1.2 million square meters of additional retail space. CBRE have attributed the growth to the changing demographics of the emirate’s population. The creation of a wealthy, well educated, well travelled populous has been the catalyst for Dubai’s emergence as an internationally renowned shopping destination.