UAE app economy shifts to profitability as finance installs surge 700%

The UAE’s app economy is undergoing a transformative shift, moving from user acquisition to profitability, driven by loyalty, retention, and innovative engagement strategies. According to recent data from AppsFlyer, presented at the MAMA Dubai event, finance app installs have surged by an astonishing 700% between 2021 and 2024, while ad fraud on Android has dropped by 50%. These trends underscore the market’s growing sophistication and trust in digital ecosystems. Sarah Maina, Regional Manager for France and the Middle East at AppsFlyer, highlighted that the UAE is setting a global benchmark for sustainable app growth, emphasizing the importance of data integrity, user trust, and creative innovation. The finance sector’s remarkable growth is attributed to the UAE’s push toward a cashless economy and the rapid digital transformation of traditional banks. Shopping apps are also thriving, supported by hybrid retail models and buy-now-pay-later (BNPL) solutions. Meanwhile, gaming apps, once dominant, have plateaued, prompting developers to focus on hybrid monetization and immersive experiences. Maina stressed that the focus has shifted from downloads to loyalty and retention, with user acquisition spending increasing by 32% on Android and 36% on iOS. The decline in ad fraud, down 50% on Android and 25% on iOS, reflects improved education and technology. Super apps, which integrate shopping, travel, and payments, are gaining traction as brands leverage data and AI to personalize user experiences. With UAE users spending an average of 4.6 hours daily on their phones, the app economy’s future lies in trust, loyalty, and innovation.