Destination: Dubai
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Merchandise is tax-free and the United Arab Emirates Dirham (AED) is linked to the dollar at a rate of 3.67 AED to $1. Although there are deals to be found, visitors coming specifically to shop should consider traveling here during two specific times per year: the “Dubai Shopping Festival,” held mid-December through early February, and “Dubai Summer Surprises,” held for 10 weeks every summer (June through August). During these periods, stores have big sales and malls stage giveaways and promotions to attract crowds. Savings on luxury items can be excellent: In early June, you’ll find many of the same spring/summer pieces on sale at one of the Chanel outposts in Dubai on sale in New York, but you won’t pay tax in the UAE. However, many locals and expats complain that stores mark up their merchandise a bit higher in May, only to give so-called “deep-discounts” come sale-time.
I’ve been told by friends who live in the UAE that malls are “the parks of Dubai.” Whereas Americans tend to think of malls as hangouts for teenagers who don’t yet have their drivers licenses, in Dubai they are major sources of entertainment for the young and old.
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