Tuesday, April 12, 2011

Dubai matches London as global shopping capital

New research has shown that Dubai is now the world's joint-top shopping destination.


Shopaholics looking to find all their favourite brands in one place are advised to book flights to Dubai, as the Emirati city has been named as the world's joint top shopping destination.

Only London can match Dubai's boast of being home to 56 per cent of the world's major retail brands, according to the latest research from CB Richard Ellis (CBRE).

Visitors won't be stuck for space either, with 1.2 million square metres of shop floor space opened in the UAE city during the past five years.

American retailers are also flocking to Dubai, with CBRE noting this particular trend over the past 18 months.

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