Retail positively glitters in this glitzy emirate, plus there’s a wealth of other experiences to discover too
In 2016, real estate consultancy firm CBRE published findings from its survey that ranks Dubai second after London as “the most important shopping destination in the world,” a position the emirate has held for six consecutive years. In its 2016 edition of How Global is the Business of Retail? CBRE goes on to say that of all the retail brands in Dubai, international brands make up about 57 percent.
Dubai’s retail sector can attribute its growth to fashion and beauty enthusiasts who see much value in such products. In addition tourists often find it more economical to shop during their visits here because of the lack of consumption taxes. This benefits retailers too. But much of the allure of Dubai for retail brands is its affordable real estate, mall locations and its strategic position – between East and West – on the world map.
Here are four places where you can enjoy a good dose of retail therapy, coupled with some recreational activities.
CITY CENTRE MIRDIF
This is the first shopping mall in the region to acquire a LEED certification. City Centre Mirdif uses less water and energy, and has lower greenhouse gas emissions compared to the other malls in Dubai. The certification is noteworthy for a facility of this size that houses over 430 stores, in addition to leisure and entertainment attractions that include a spa, grooming salons, gym and F&B outlets.
Fashion brands range from mass market to luxury. To name a few, there’s H&M, Zara, Sketchers, Armani Exchange, Banana Republic, Hackett, Mont Blanc and Ted Baker. City Centre Mirdif also offers home appliances, electronics and furniture.
ENTERTAINMENT
This story is from the November 2018 edition of Business Traveler.
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This story is from the November 2018 edition of Business Traveler.
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