Al-Futtaim Real Estate has reported a strong performance across its UAE retail portfolio, recording an average 8 per cent year-on-year sales growth during the 2026 Ramadan and Eid Al-Fitr period—a clear signal of the sector’s resilience and sustained consumer confidence.
The results highlight the continued strength of retail activity in the UAE, particularly during key festive periods that traditionally drive higher footfall and spending.
Festival City Mall Leads the Surge
At the forefront of this growth is Dubai Festival City Mall, which delivered an impressive 12 per cent increase in sales, outperforming the broader portfolio and reinforcing its position as one of Dubai’s leading lifestyle and retail destinations.
The mall’s strong performance reflects a combination of strategic tenant mix, engaging customer experiences, and its ability to attract both residents and tourists during high-traffic seasons.
Festive Momentum Drives Retail Activity
The Ramadan and Eid period remains one of the most significant retail windows in the UAE, with consumers increasing spending across fashion, dining, entertainment, and gifting categories.
Al-Futtaim’s results demonstrate how well-positioned retail destinations can capitalise on this seasonal demand by offering curated experiences, promotions, and a seamless shopping environment.
Portfolio-Wide Growth
Beyond Festival City Mall, the broader portfolio of Al-Futtaim malls also experienced consistent growth, contributing to the overall 8 per cent uplift. This indicates a healthy and balanced performance across multiple locations, supported by strong tenant performance and sustained footfall.
The ability to achieve portfolio-wide growth underscores the company’s effective retail strategy and its alignment with evolving consumer preferences.
Confidence in the UAE Retail Market
The positive results reflect broader confidence in the UAE’s retail sector, which continues to benefit from a stable economy, growing population, and a steady influx of international visitors.
Retail operators have also adapted to changing consumer behaviour, integrating digital innovation, experiential retail, and personalised services to enhance customer engagement.
A Sector Built on Experience
Modern malls in the UAE are increasingly evolving beyond traditional shopping destinations into integrated lifestyle hubs, offering dining, entertainment, and community experiences alongside retail.
This transformation has played a key role in sustaining growth, particularly during festive periods when consumers seek more than just transactions—they seek memorable experiences.
Looking Ahead
As consumer demand remains strong and retail strategies continue to evolve, Al-Futtaim Real Estate’s performance during Ramadan and Eid 2026 sets a positive tone for the months ahead.
With flagship destinations like Dubai Festival City Mall leading the way, the UAE retail sector is poised to maintain its upward trajectory—driven by innovation, experience-led offerings, and a resilient consumer base.
