Dubai is the world's most luxurious shopping center

Dubai has become the most important luxury shopping center in the world, surpassing Paris, London, Milan, New York, Hong Kong and Singapore, according to a report by American Express.now Shops for sale in Gulberg Lahore.

Dubai, the largest shopping mall in the world, surpassed Paris, London, Milan, New York, Hong Kong, Singapore and Beirut, "These data are huge opportunities for luxury and international brands in Dubai, where they can expand their business in Dubai and attract a higher percentage of consumers there than any other country," she said.

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Consumers in this region want to enjoy life's luxuries. The average spending on living necessities in the region is $ 3,500 a month for about $ 1,400 a month on luxury.

The overall spending rate in the UAE is rising as they spend about $ 4,000 a month on necessities of life for $ 1,900 a month on luxuries. At the regional level, consumers' responses are almost equal to their tendency to spend on luxury goods and luxury experiences, with little difference from one country to another.

For example, the population of Dubai has shown a trend towards luxury experiences by 57%, while 85% of Abu Dhabi residents prefer luxury products to experience. Travel and travel took the lead across the region, with 31% of consumers reporting plans to increase spending in this area , With furniture spending up 14%. However, the results in the UAE were slightly different, with furniture as the biggest spending category for luxury goods, with 19% of the surveyed surveyed and 33% on travel and travel expenses.

We also find that it is one of the sectors covered by consumer plans this year in the region and in the UAE specifically, the watch and leather products sector. This will lead to a reservation to spend on clothing from international brands and luxury restaurants.