From skyscrapers that kiss the clouds to manmade islands shaped into palm trees, Dubai is the place where every impossible architectural feat is brought to life. It holds several records including the tallest building, the Burj Khalifa, so tall that the residents on the top floors have to wait a while longer than the ones on the ground to break their fast during Ramadan.
It homes the most popular shopping mall, “The Dubai Mall” that is said to be visited by over 80 million people in 2014. It also has the world’s highest percentage of international retailers next to London with 58.8% of the major international fashion retailers only in Dubai. It comes to no surprise that 29.2% of Dubai’s GDP comes from the retail and wholesale sector.
The Dubai Mall alone contributes to 5% of GDP Dubai gets. There are shopping festivals, international events, music concerts and most importantly, movie scenes shot in Dubai. A recent announcement has gathered quite the buzz around the globe after it was revealed that Dubai is building the world’s first climate controlled city which is 2.25 times bigger than Monaco. At times Dubai gets so crowded that every room in its hotels gets either booked or occupied.
To learn more about Retail spending in Dubai you can see the infographic below compiled by the Go-Gulf Dubai Web Design team.
written by Asad Ali