Insight ReportRevisiting Dubai Retail: New Developments Paint a Promising Scene in Dubai and the Persian Gulf Region Charlotte Rothschild, Analyst Sector Lead: John Harmon, CFA, Associate Director of Technology Research February 16, 2023 Reasons to ReadFollowing 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: Market Outlook: Emerging Markets—Localization To Boost Luxury Retailing Travel Retail and Beauty: Conversion Rates of Dreams Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Agentic Commerce: The Next Frontier of Consumer-Led Retail: Insights Presented at CMA|SIMAUS Store Tracker Extra, March 2025: US Total Closed Retail Space Exceeds 100 Million Square FeetUS Grocery Retailing—Themes, Concepts and Innovators: Opportunities Ahead Amid Increased Market Concentration4Q24 Earnings Season Wrap-Up: Widespread Positive Sales Growth Recorded This Quarter
