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Dubai shopping sector attracts global investments
The report discusses the continued strong growth of Dubai's retail sector in 2026, driven by the expansion of major shopping malls, increased demand for premium spaces, and rising tourist and resident spending. Statistics indicate that the sector accounts for 25.3% of Dubai's GDP, with retail rents increasing by 9% annually. Dubai ranks among the top five global cities for the highest growth in retail location rents. Major investments include the expansion of Dubai Mall with 1.5 billion dirhams and the development of Mall of the Emirates worth 5 billion dirhams, further enhancing Dubai's status as a global shopping hub.
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