LUXURY MARKET IN THE UAE: FORECAST TO 2030

Introduction
- Objective of the report
- Methodology and sources
General Overview of Luxury in the UAE
- Historical context and recent evolution
- UAE’s global position in the luxury market
Luxury Market Segmentation
3.1. Luxury fashion (haute couture, accessories)
3.2. High-end jewelry and watches
3.3. Luxury cars and supercars
3.4. Luxury real estate (residences, branded residences)
3.5. Premium hospitality and tourism
3.6. Other segments: beauty, perfumes, art, aviation, gastronomy
Economic and Demographic Perspective
4.1. GDP growth and economic diversification
4.2. Population dynamics and urbanization
4.3. Per capita income and HNWI attraction
4.4. Residency policies, Golden Visa and global talent
Luxury Consumer Behavior
5.1. Emirati citizens: cultural patterns and conspicuous spending
5.2. High-level expatriates and global buyers
5.3. Luxury tourists: profiles, countries of origin, habits
5.4. Millennials and Gen Z: values, channels, and experiences
5.5. Purchasing habits, loyalty, consumption calendar and omnichannel
Emerging Trends and Digitalization
6.1. Sustainable and ethical luxury
6.2. Experiential luxury and wellness
6.3. Social media and influencers
6.4. Metaverse, cryptocurrencies and NFTs
6.5. AI and personalization in luxury experiences
Key Brands and Market Entry Strategies
7.1. Leading international brands: positioning and local adaptation
7.2. Local and regional brands: jewelry, perfumery, fashion and hospitality
7.3. Strategic distributors (Chalhoub, Al Tayer, Seddiqi)
7.4. Collaborations, branded experiences and VIP events
7.5. Distribution channels and omnichannel evolution
Quantitative Data and 2030 Forecasts
8.1. Market size by segment
8.2. Projected CAGR (2024–2030)
8.3. Segment ranking by economic value
8.4. UAE’s share in regional and global markets
8.5. Data-driven emerging opportunities
Strategic Conclusions
- Key findings
- Recommendations for brands and industry professionals
- Considerations for 2030 and beyond
Appendices

Comparative tables
Growth charts and forecasts

The luxury market in the United Arab Emirates (UAE) has emerged over recent decades as one of the most dynamic and sophisticated globally. Fueled by rapid economic expansion, an influx of affluent populations, and a national ambition to diversify the economy, the luxury sector encompasses exclusive personal goods and world-class hospitality services. Looking toward 2030, significant growth in luxury demand is anticipated, positioning the country—and the broader Gulf region—as a global hub for high-end consumption. Indeed, the Middle East, primarily the UAE and Saudi Arabia, is projected to double the value of its luxury goods market by 2030, representing approximately 8% of global luxury sales by that time. The subsequent report provides a comprehensive analysis of the segmentation of the Emirati luxury market, its economic and demographic landscape, consumer behavior, emerging trends, and the key brands driving this market, supported by quantitative data and forecasts through 2030.