Global uncertainty outside, full shopping baskets inside as Primark and Ulta Beauty open in UAE

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 |  
Mar 2026
 |  
Forbes
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What: The UAE retail market welcomes Primark and Ulta Beauty, with robust in-store performance amid international volatility.

Why it is important: Strong consumer demand for value and beauty retail in the UAE signals new opportunities for global expansion and innovation.

The entry of Primark and Ulta Beauty into the UAE retail landscape comes at a time of widespread global economic uncertainty, yet both brands have experienced impressive in-store performance and consumer enthusiasm. Their launches underscore the UAE’s unique position as a resilient and attractive market for international retailers, where demographic growth, strategic investments, and a sophisticated retail infrastructure continue to drive footfall and basket size. Both Primark and Ulta Beauty have adapted their Western retail formats to suit Middle Eastern consumer preferences, offering localised assortments and experiential shopping environments that resonate with a diverse customer base. This adaptability has proven crucial, as the region’s shoppers seek both value and innovation, making the UAE a testing ground for new retail concepts. The success of these openings not only demonstrates the enduring appeal of global brands in the Middle East but also highlights the potential for further expansion and creative retail strategies in markets that defy broader economic headwinds.

IADS Notes: The recent openings of Primark and Ulta Beauty in the UAE reflect a broader trend of international retailers targeting the Middle East as a key growth market, even amid global economic uncertainty, as reported by Retail Dive in September 2025 and BeautyInc in July 2025. Ulta Beauty’s acquisition of Space NK and expansion into Mexico and the Middle East, highlighted by The Robin Report in July 2025, underscore the industry’s pivot toward experiential retail and omnichannel integration, adapting Western formats to local preferences. Majid Al Futtaim’s resilient 2025 performance, covered by Fashion Network in March 2026, demonstrates the strength of diversified retail conglomerates and flagship malls in the region. Meanwhile, BoF’s June 2025 analysis of Dubai’s continued retail growth, despite a global luxury downturn, illustrates how strategic investments and innovative experiences are positioning the UAE as a premier destination for global retail brands.

Global uncertainty outside, full shopping baskets inside as Primark and Ulta Beauty open in UAE