Over the last two decades, Dubai has established itself as a city of shopping malls, luxurious lifestyle destination and a land of opportunities for retailers from around the world. The number one global tourism destination, the prosperity of Dubai is evident from the luxurious lifestyle of its inhabitants and an escalating economy. Armed with an economic growth rate of 6-8%, a 50% budget surplus, excellent and modern architecture, a booming real estate market and construction industry, Dubai is one of the most fascinating places in the world. According to a recent report, Dubai, for the first time in its history, has seen a 9.3% increase in the number of tourists in 2012.

Real estate companies in Dubai are well known for their stunning innovations, ground breaking designs and swift completion of projects. The growth of the real estate and construction sector can also be estimated by looking at the record breaking constructions in the city. Buildings like Burj-al-Arab, Burj Khalifa, Dubai Mall, Dubai Marina Mall, Souk Al Bahar and many others are avid proof of the status of construction companies in Dubai.

Breathtaking architectural creations are another aspect that portrays Dubai as a dream destination on the world map. Shopping is the biggest temptation for a tourist, and Dubai being an incomparable shopping destination, houses over 70 malls, some of which are record-holders! According to a survey, Dubai is the most popular shopping destination in world beating mega cities like Paris, London, New York, Beijing etc. In the survey, 32% of the respondents voted Dubai as the number 1 shopping destination. Paris came second with 13% votes and Beijing, Istanbul and London jointly held the third position with 5%.

Rightly called the ‘Shopping Capital of the Middle East,’ Shopping complexes in Dubai, in addition to a long list of luxury brands and a wide variety of retail choices, have also been globally recognized for their distinctive amenities, such as a one-of-its-kind ski slope at the Mall of the Emirates and the majestic view of the iconic Burj Khalifa from the Dubai Mall – a key attribute that gives the Emirate a distinctive edge over others. The Dubai Mall, a 12.1 million sq feet shopper’s paradise and a premium lifestyle destination, was also the world’s most visited shopping and leisure destination, welcoming more than 52 million visitors in 2012, which is more than the number of annual tourists in New York City! The number also surpasses tourist arrivals to all landmark leisure destinations and theme parks across the world including Times Square (39.2 million), Central Park (38 million), and Niagara Falls (22.5 million)!

Not just restricted to shopping, many of these shopping complexes in Dubai are lifestyle destinations in themselves. Indoor entertainment complexes, food courts, play areas, indoor ski facilities, clustered retail sets, attached hotels and residences, theatre and multiplexes, cafe and eateries, life size aquariums are just a few of the attractions offered.

With so many architectural wonders in the making, it seems like shopping complexes in Dubai are in a sort of contest to outscore each other! These shopping malls and community centres blend design, access and retail offering all amenities, services and leisure options within your reach.

Emaar group is a leading Dubai Real Estate Group with over 15 years of experience in developing residential and commercial projects including shopping mall development, tourism And hospitality management, retail property management etc.

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Author Bio: Emaar group is a leading Dubai Real Estate Group with over 15 years of experience in developing residential and commercial projects including shopping mall development, tourism And hospitality management, retail property management etc.

Category: Travel
Keywords: Real estate companies in Dubai, Shopping complexes, Mall Developers