United Arab Emirates today are popular not only as one of the best tourist destinations around the world, but also as a wonderful place for quality and diverse shopping. The opening of new shopping centers will allow Dubai to further strengthen its reputation as one of the world’s most popular shopping destinations. New mega-malls apply advanced technologies, individual approach and the principles of “shopping impressions”. All this contributes to a complete immersion in the atmosphere of shopping, which buyers will not find in any other city in the world.
Recently, Emaar Properties and Dubai Holding announced the launch of the Dubai Square project, a new $ 2.7 billion shopping center to be built in the heart of the new mega-development Dubai Creek Harbor.
The area of Dubai Square will be 2.6 million square meters. Mall will present a new concept of “multichannel trade” in the retail sector of Dubai. This concept implies the introduction of the mall of consumer technologies. In addition to a wide range of other services, customers can use mobile phones to make purchases, track orders, navigate the shopping center and interact virtually with sellers and shopkeepers.
Emaar and Dubai Holding promise that, thanks to the introduction of high technology, shopping in the shopping center will be unlike anything else on the planet.
There will be shops, hotels and residential facilities, as well as various entertainment facilities, including an impressive live arena with 3D projection technologies on the territory of the mall.
Shortly before the launch of the project, new data appeared that made it possible to declare Dubai the world market with the highest share of international retailers. Here there are more world brands of retail trade than in any other city of the world.
According to government estimates, due to these changes, retail sales will grow to $ 43.8 billion by 2021.
In 2000, attractions such as the indoor ski slope in the Mall of the Emirates and the dancing fountain in the Dubai Mall allowed Dubai to become one of the world’s most exciting shopping and entertainment destinations. And the new generation of malls being built in the city raises the concept of “shopping for impressions” to an unprecedented level.
According to CBRE, by the end of 2020 the current area of commercial premises in Dubai, amounting to 3.1 million square meters, will be increased by about 1.5 million square meters. Thus, Dubai is one of the leading trade destinations of the planet in terms of shopping areas and the presence of brands.