DFM ---ADX ---
1hTa’ziz Secures $1.39 Billion for Major Ruwais Industrial ProjectsBusiness
4hAdnoc Continues Global Ascent as Energy Brands See Significant Value GainsBusiness
4hDubai’s DIFC Strengthens Ties with Japanese Tech SectorBusiness
6hIndiGo Eyes Expansion: In Talks to Purchase 100 Embraer JetsBusiness
6hADIB Launches Dh1.75 Billion Rights Issue: A Guide for InvestorsBusiness
6hDubai Court Orders Eviction for Tenant After Missed Rental PaymentsBusiness
7hUAE Rolls Out Dh1 Billion Interest-Free Loan Program to Revitalize Domestic ManufacturingBusiness
9hPearl Petroleum Secures $500 Million in Bond Issuance for Iraqi Gas ExpansionBusiness
9hUAE’s High-Growth Sectors: Top Roles Offering Up to Dh200,000 Monthly by 2027Business
9hIs Your UAE Tech Startup’s Accounting Strategy Costing You Thousands in Taxes?Business
9hDubai’s Dhanteras gold rush: UAE shoppers secure prices before DiwaliBusiness
12hOil Markets Soften as Diplomacy Hopes RiseBusiness
12hUAE Non-Oil Sector Sees Record Price Hikes Amid Strong DemandBusiness
12hThe Future of Arts Philanthropy in the UAEBusiness
1dADNOC Gas Inks Major Five-Year LNG Supply Deal with TotalEnergiesBusiness
1dNavigating Market Volatility: The New Strategy for Global RefinersBusiness
1dSaudi Aramco Profit Soars Amidst Heightened Regional ConflictBusiness
1dDubai’s IPO Outlook Remains Bright as Exchange Eyes New ListingsBusiness
1dUAE’s XRG Enters Australian LNG Market with $1.45 Billion Shell Stake AcquisitionBusiness
1dFive Nations Seek Global Energy Capital at Adipec 2026Business
1dDubai Gold Prices Dip as Global Markets Experience a DownturnBusiness
1dUAE Regulator Strengthens Market Integrity with New Investor Protection InitiativesBusiness
1dUAE AI Minister Predicts Industry Consolidation and Long-Term GrowthBusiness
2dDP World Expands China-Africa Trade Route with New Weekly Shipping ServiceBusiness
2dBinance Customers Withdraw $4.7B Following Historic Cyber HeistBusiness

UAE iPhone 18 Launch Sparks Resale Frenzy

Sat, Sep 19, 2026(46d ago)Business

The launch of the iPhone 18 Pro in the UAE has triggered a wave of intense activity among resellers, who are capitalizing on the massive demand for the latest devices. Friends Raihan and Muhammed Shabeeb went as far as sleeping in their car to ensure they were first in line, ultimately investing Dh550,000 to secure 76 pre-ordered units. By leveraging multiple accounts and coordinating with their housemates, they managed to snatch up dozens of phones, successfully flipping them for premiums ranging from Dh500 to Dh2,000 within hours of the store openings.

This phenomenon extends beyond local opportunistic sellers; international business owners are also flocking to Dubai to stock up. Rustom Saidukov, a shop owner from Uzbekistan, traveled specifically to secure 20 units, noting that the high demand back home makes paying a premium in the UAE a profitable venture. Meanwhile, eager consumers like Ahmed Salah are willing to pay significant markups—sometimes over Dh1,000—just to maintain their tradition of owning the latest model on day one. With specific storage capacities and colors like "burgundy" becoming highly sought after, the secondary market continues to thrive as local retailers and travelers alike scramble to satisfy the immediate global hunger for Apple’s newest flagship.

Comments0
No comments yet. Be the first to share your thoughts.