Dubai
Consumer expenditure in the UAE
The forecast expenditure for 2014 will account for more than half (58 per cent) of the UAE’s gross domestic product (GDP) for 2011, which was estimated at $360 billion (Dh1.32 trillion).
2012: Dh668 billion
2012: Dubai Consumer Spend was 57 per cent of the total consumer spend in the country.
2013: Dh715 billion
This is owing to improved optimism and non-stop retail expansion, among others.
2014: Dh766 billion
Up by 7 per cent from 2013
(Euromonitor International, a London-based market intelligence firm).
Total UAE phone sales: 6.57m
Of which 4.96m are smartphones
(International Data Corporation)