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8 minutes

Revisiting Dubai Retail: New Developments Paint a Promising Scene in Dubai and the Persian Gulf Region

Primary Analyst:
Charlotte Rothschild, Analyst
Contributors
Primary Analyst:
Charlotte Rothschild, Analyst
Sector Lead: John Harmon, CFA, Associate Director of Technology Research
Insight Report

What's Inside

Following a recent visit to the Emirate of Dubai by a member of the Coresight Research team, we assess changing conditions which will likely positively contribute to retail growth in the region in the coming years.

Data in this report are:

  • Estimated retail sales for the Gulf Cooperation Council (GCC) for 2022 and 2026
  • CAGR of tourist arrivals in GCC member states for 2021 through 2026 (estimated)
  • Estimated duty-free sales at select GCC airports for 2022
  • Total airport flight capacity at Dubai International Airport for January and February 2023
  • Attendance data from the Dubai Expo 2022

Other relevant research:

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