Skyscrapers, yachts, luxury lofts, precious marbles and super cars, the city of Dubai has become synonymous with luxury over the years, which is precisely why in 2021 it was included in the ranking of the most luxurious cities in the world.
This famous cosmopolitan metropolis is one of the most famous destinations in the world for tourists, entrepreneurs, social media and movie stars alike who want to enjoy a vacation or experience the city where luxury rules.
All of Dubai represents a market that loves luxury brands, with tourism and its affluent population fueling this sector.
The city is home to some of the most spectacular buildings in the world, such as Burj Al Arab, a 7-star hotel, the Armani Hotel, Burj Khalifa - the tallest building in the world - and The Palm, an artificial island famous among the rich and entrepreneurs.
Dubai alone has been estimated to account for 30% of the Middle East's luxury market, with recent studies finding that citizens spend about 30% of their monthly salary on luxury goods.
The luxury goods market in the Middle East, and especially in major cities such as Dubai, is also estimated to grow by around 8.5% between 2020-2025.
Its modern and sophisticated architecture closely reflects the needs of its people; for example, the bespoke, exclusive furniture, finished with precious materials and fine marble.
This is exactly why imports play a central role in the luxury furniture market of the Emirates.
Over the years there has been a tremendous increase in the purchase of Made in Italy products, which are highly popular and in great demand among consumers. Walking through the streets of Dubai, visitors will find themselves immersed in a world of showrooms, high-end furniture, majestic colors and precious fabrics.
Its modern and refined architecture mirrors quite well the needs of its residents, as does the exclusive custom-made furniture, finished with precious materials and fine marbles. This is exactly why imports play a central role in the luxury furniture market of the Emirates.
Over the years there has been a tremendous increase in the purchase of Made in Italy products, which are highly popular and in great demand among consumers. Walking through the streets of Dubai, visitors will find themselves immersed in a world of showrooms, high-end furniture, majestic colors and precious fabrics.
Additionally, the luxury market has become highly competitive over the years, precisely as a result of the growing demand for luxury real estate and furnishings, and it seems very likely that it will continue to grow exponentially in the future in response to the ever increasing volumes of tourism and business in the city.
Just a few kilometers from Dubai, about six hours drive by land, lies Doha, Qatar's capital, overlooking the Persian Gulf. Doha is a place where one can marvel at the elegance and glitz of the Middle East, and is home to 70% of Qatar's population.
Luxury, sophistication and exclusivity, are the words that best represent Doha. Tourists and citizens alike describe the city as a paradise for those in search of luxury, thanks to its desert accommodation facilities and famous hotels such as the Four Seasons Doha, The Shangri-La Doha, Banana Island Resort Doha by Anantara, where the most important and first waterfront luxury villas in the Middle East are located.
Doha is among the richest cities in the Middle East. In recent years it has risen to prominence in the luxury market by acquiring important properties and investing in the luxury real estate and furniture sector.
Over the years, customers in both Dubai and Doha have become increasingly demanding, attentive and desirous of receiving high quality, internationally recognized products.
However, not only should the luxury product satisfy the customer in its appearance, but also in its most intrinsic form.
Therefore, the market must engage and build customer loyalty with the brand by allowing customers to purchase it anytime, anywhere.