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DUBAI'S CULINARY ALLURE: A GLOBAL MAGNET FOR FOOD AND BEVERAGE VENTURES

Date: 02-Feb-2024 | Category: News & Updates

Dubai synonymous with cultural diversity and iconic landmarks stands as a premier global gastronomic destination. The recently published Dubai Gastronomy Report 2023 by the Dubai Department of Economy and Tourism reflects the meteoric rise of Dubai's culinary scene closely linked to its tourism strategy and the vision outlined in the Dubai Economic Agenda D33. This demonstrates leadership's commitment to solidify Dubai's position among the world's top three global cities.

Experiencing rapid growth marked by a substantial 61% increase in residents dining out. Dubai's culinary boom is complemented by heightened satisfaction among international visitors especially in terms of the value for money offered by its diverse food scene. The gastronomy industry aligns seamlessly with the city's economic vision offering a promising landscape for growth as indicated by the Dubai Gastronomy Industry Report.

Dubai's culinary scene gains global acclaim with 15 restaurants in MENA's top 50 and 2 in the world's top 50 for 2023. The MICHELIN Guide Dubai 2023 adds to the city's prestige with 90 featured restaurants, including 17 Bib Gourmand-awarded restaurants in Dubai.

Dubai's real estate is booming drawing in new residents and investors. Popular dining spots like Dubai Marina, Oud Metha, and Downtown Dubai are great for starting new food businesses. More people owning homes means a steady customer base for restaurants and cafes.

Initiatives like the Dubai Food Festival (DFF) serve as platforms for F&B businesses to showcase their offerings globally. The city's commitment to responding to global culinary trends attracts international chefs creating unique and enticing opportunities for both residents and visitors.

The Department of Economy & Tourism in Dubai is promoting food tours to show off the city's diverse food scene. This, along with good prices, is helping Dubai become a popular place for food lovers from all over the world.

The CEO of DFRE, Ahmed Al Khaja, is thankful to those who are shaping Dubai's dining scene. A survey of 1530 UAE residents found that 69% think Dubai is the top place for food, and 62% are happy with the food scene in Dubai.

Named one of the world's top 10 cities for foodies in 2023 by Compare the Market and ranking second overall worldwide in terms of restaurant density according to Caterer Middle East, Dubai's renowned innovation, and continuous reinvention play a pivotal role in its transformative gastronomic journey.

The DET report reveals that the city now boasts approximately 13,000 restaurants and cafes catering to a diverse array of tastes, aligning seamlessly with Dubai's commitment to setting new benchmarks for progress and excellence. This culinary diversity makes Dubai an enticing hub for various F&B establishments.