Dubai Shopping Festival: A 46-Day Celebration For All
The city of Gold, Dubai was the favourite destination of traders for centuries, we had travelled to Dubai’s souks in search of spices, pearls and gold. The fame of that city has not faded, still the Dubai shopping festival, a 46-day annual shopping event that commences on December 15 reflects the prominence of the trade city to the world with its mesmerizing shopping experience and unique industrial brilliance.
When we move into 28 the edition of DSF( Dubai Shopping Festival), financial experts in UAE predict something big this year 2022 as the FIFA world cup is in its final lap in the neighbouring country Qatar. The majority of soccer fans are spending their football season in Dubai and the other emirate of the UAE apart from the hosting nation Qatar.
Why DSF play a major role in the UAE economy?
From 15 December to 29 January, shopaholic people could find unbeatable deals on everything from fashion and jewellery to electronics and accessories for seven weeks. The shopping celebrations come up with many indoor and outdoor spectacular events including incredible savings and huge grand wins.
- Promises a fun-filled experience with exclusive deals and mega raffles.
- The gold and Jewellery sector projects a 20-25% increase in sales.
- The Carpet Oasis exhibition achieves more than AED44 million in sales.
- Shopping malls across Dubai enjoy up to 12% growth in business.
- Dubai Global Village welcomes tourists from all over the World.
- High occupancy levels at hotels.
- DSF is the largest contributor to the Dubai tourism industry.
- Around 60,000 shopping outlets offer discounts ranging from 40 to 60% on jewellery, retail brands, electronics, watches and perfumes.
- Prominent 13 malls participating in DSF including Dubai Mall, City Walk, Mall Of The Emirate, Dubai Festival City Mall,Mercato Mall.
- More than 50 million visitors have spent over Dhs 117 billion during Dubai Shopping Festival; 2,340 Dirham ($638) per visitor have been spent on the DSF.
- Starting in the year 1996, it reaches its 28th edition with more than 50 million annual visitors to the annual shopping event.
Guide To Tax-Free Shopping
The UAE has introduced Value Added Tax in UAE from 2018 onwards but according to VAT specialists in UAE, tourists can still enjoy tax-free shopping across the country. The refunds for VAT are only available to the goods purchased during your stay in the UAE that would be exported.
Refunds are not applicable to anything that you has been consumed partially or fully in the UAE. Planet Payment is the operator of this refund system and the most popular stores are registered with this scheme to secure your refund on your departure through land, sea or air.
