Retail is one of the safest investment sectors in the UAE

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Retail is one of the safest investment sectors in the UAE
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Retail remains one of the safest spots that you can enjoy investment across the world. Finding the next great retail hub could allow your company to generate a huge amount of sales worldwide. Launching in a new country is not it was easy however. By identifying the next great retail hotspot you can generate some huge improvements with sales for the future.

Retail is one of the safest investment sectors in the UAEThe UAE is quite recently been named as the world’s desktop developing countries in terms of retail investment and global sales and retail establishments. Of course it’s difficult to compete with other countries like India that have shown exponential growth over the past few years, the UAE however is jumping spots when it comes to retail investment and spending. On the same list just a year ago the UAE ranked in seventh but towards the end of this year it reached top 5 status. With all trends considered it’s estimated that by the end of 2018 the UAE could represent one of the greatest retail powers in the world with a top three ranking in retail spending.

Around 900,000 m² of space is poised to open in the next few years with shopping centers and expansions planned throughout major shopping hubs in the UAE. Knight Frank consultancy is suggesting to retail outlets that this is perhaps one of the greatest expansions of available space almost anywhere in the world.

Although mobile shopping is changing the way that many people around the world are accessing retail items, in the UAE the retail sector is on the rise. There are still a very large number of the population throughout the UAE that prefer to do most of their shopping at malls and physical retail locations rather than online and this represents an excellent opportunity for any retail investment.