The huge increase in demand comes as Dubai’s property market experiences a post-pandemic surge driven by government-led reforms and initiatives
retail space
Four big trends shaping the future of Middle East retail
Providing a space for social interaction can be a route to greater revenues for retailers in 2021, offering soaring dwell times, loyalty rates and shareability opportunities
Five things to know about the GCC’s retail sector
Overall, the size of the GCC’s retail sector is expected to grow from $253.2 billion in 2018 to $308 billion in 2023.
Video: Brands and malls in the UAE
ABTV’s Shruthi Nair speaks to David Clover, Associate Partner at MBLM and David Macadam, CEO of Middle East Council of Shopping Centers about the two arms of UAE’s retail sector – malls and brands.
Additional retail space to create oversupply, lower rents in UAE
The size of the GCC’s retail sector is expected to grow from $253.2 billion in 2018 to $308 billion in 2023.
Gulf Capital JV in talks to sell Abu Dhabi’s Galleria Mall to Mubadala
Gulf Capital will also consider selling Al Maryah Central mall once it’s open and ‘stabilised’