Dubai is 'best retail destination in the world'

Demand for property in Dubai could be set to rise after a new report labelled it as one of the best shopping destinations in the world.

Research conducted by CB Richard Ellis (CBRE) has revealed that the emirate is now on a par with London as the world's premier retail city.

The property consultancy noted that more than half (56 per cent) of all the top international retail brands have a presence within Dubai.

CBRE claims that the growth of the emirate as a shopping destination has been fuelled by limited opportunities in traditional markets and the emergence of a wealthy, well-educated and well-travelled population.

Source: PropertyShowrooms.com