The much-awaited launch of Apple’s latest iPhone 16 has sparked excitement among enthusiasts in the UAE, with the in-store availability set for September 20. In preparation for the release, iPhone fans have started trading in their old models to secure the new device. Some residents have even made advance deposits in the local market, with a markup of approximately Dh2,000, ensuring that they are among the first to get their hands on the iPhone 16 Pro Max.
Local traders in the UAE have reported a surge in enquiries and bookings, with customers selling their old iPhones to maximize their returns before the new model floods the market. Moideen Mustafa, manager at Phone Line in Deira, revealed that they have received hundreds of enquiries daily since the start of September. Many iPhone enthusiasts have already booked the new iPhone 16 Pro Max by making advance payments, with some willing to pay a markup price of Dh2,000 on the first day of release.
While the hype surrounds the iPhone 16 Pro Max, the demand for the iPhone 15 Pro Max has also seen a significant increase, leading to soaring prices due to limited supply. Prices for the iPhone 15 Pro Max have increased, with the new iPhone 15 Pro Max 256GB model now selling for Dh4,400, up from its previous price of Dh4,000 in the local market. Used iPhones have also become a hot commodity, with prices rising across all models, particularly for devices with remaining warranty.
Traders in Dubai are experiencing a high level of interest in the iPhone 16 Pro Max, with more than 100 customers already booking the new device. Additionally, customers are still showing interest in older iPhone models like the iPhone 14 Pro Max and iPhone 15 Pro Max. Despite the launch of the iPhone 16 Pro Max, traders predict that prices for the older models will remain stable for the next two months, with a possible price drop in December once the new model becomes more readily available.
In conclusion, the anticipation for the iPhone 16 Pro Max release in the UAE is at an all-time high, with eager consumers willing to pay a premium to be among the first to own the latest device. Traders are experiencing a surge in enquiries and bookings, with customers also showing interest in older iPhone models due to limited supply of the new release. As the launch date approaches, the excitement continues to build, with iPhone enthusiasts eagerly awaiting the opportunity to upgrade to the highly-anticipated iPhone 16 Pro Max.
