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Market Overview
Today, the UAE market, with 6.88 million inhabitants, is transformed into a buyers' market dominated by strong retail groups. It is within this competitive market that Armada is striving to keep its standards of quality and excellence.
Dubai & Northern Emirates
The Dubai and Northern Emirates market represents around two-thirds of Armada's business
Dubai Airport ranked No.3 (after Heathrow No.1 and Hong Kong No.2) with 42 million passengers per year and a plan to reach a capacity of 90 million passengers soon.
Abu Dhabi
The market in Abu Dhabi is still in its developing stages. For now, it has registered a positive growth and is estimated to grow steadily.
Abu Dhabi is the wealthiest Emirate of the UAE in terms of GDP and per capita income; the average net worth for Abu Dhabi's 420,000 citizens is US$17 million, and more than $1 trillion is invested worldwide in this city alone.
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