Dubai Opera has achieved unprecedented success with 250,000 tickets sold last season, highlighting the growing economic impact of cultural investments in the UAE’s largest city.
The milestone signals the maturation of Dubai’s cultural sector as a significant contributor to its economic diversification strategy.
“When you attract major artists…imagine the impact,” said Paolo Petrocelli, Head of Dubai Opera, in an interview on the AB Majlis podcast. He highlighted how cultural events generate substantial economic activity across multiple sectors, including “hotels, restaurants, transfers, you name it, flights – people will come from all over the region.”
Tourism and economic multiplier effect
The success of cultural venues like Dubai Opera is creating a new category of visitors to the emirate. “This sometimes also brings to the topic of music tourism,” Petrocelli explained. “Of course, you become a more attractive touristic destination. People will have another reason why they want to come to Dubai.”
Speaking about the broader market growth, Petrocelli noted that Dubai’s cultural calendar has doubled in size compared to the previous year. This expansion aligns with Dubai’s economic agenda for 2033, with cultural institutions playing an increasingly important role in the city’s economic landscape.
“It’s absolutely true, and we see this in Dubai – the more you invest in culture, the more you generate in terms of social and economic value,” Petrocelli said. He highlighted how Dubai Opera’s diverse programming, which ranges from classical performances to contemporary shows, helps attract a wide spectrum of audiences and their associated spending.
The venue’s programming strategy specifically caters to Dubai’s multinational population of over 190 nationalities, maximising its market reach. “We need to speak to everyone. That’s the challenge, but also that’s the opportunity,” Petrocelli explained, noting how this inclusive approach has contributed to their record-breaking ticket sales.
Petrocelli also welcomed the news of another opera house being developed in Dubai, viewing it as a sign of market strength rather than competition. “It’s a natural development that the cultural scene, the cultural ecosystem here in Dubai, becomes bigger and more structured and more solid,” he said, suggesting that such expansion would further boost the sector’s economic impact.
The growth extends beyond Dubai, with Abu Dhabi’s cultural sector also experiencing significant development. Petrocelli cited the example of Coldplay’s recent concerts in Abu Dhabi: “They just now sold out four times concert – thousands and thousands of people. Imagine the impact that these four days will generate in Abu Dhabi.”
This cultural sector growth forms part of what Petrocelli describes as a “very structured strategy and vision” by UAE leadership, suggesting continued economic benefits from cultural investments. “Everything is part of something which is much bigger,” he said.
Tune in to a new episode of AB Majlis every Monday
To listen to the full episode and gain a comprehensive understanding of doing business in the Gulf region, visit our RSS feed or check out AB Majlis on Spotify, Apple Podcasts, and other platforms.
Episodes are also available on:
Tune in every Monday for weekly episodes that will help you stay ahead of the curve and enrich your understanding of the Gulf region.
Subscribe to Arabian Business for more exclusive content.