The iPhone 15 series launch by Apple has created a buzz in the UAE. Enthusiasts patiently queued at malls to get the latest iPhones when they were released on September 22. However, just a few days later, these in-demand iPhones are being resold online for almost 50% more than their original prices.
The iPhone 15 has gained immense popularity, with some buyers purchasing more than ten devices at a time. Devoted Apple fans even spent nearly Dh200,000 buying these new devices from Dubai outlets.
Initially, the iPhone 15 and its Pro and Pro Max variants were priced from Dh3,399 to Dh6,799 in the UAE. However, many buyers are now listing their iPhones for resale on the classified website Dubizzle, hoping to make a quick profit. This resale trend is common, as previous iPhone models have also quickly made their way to online platforms shortly after their launch. People view this as an opportunity to profit from the high demand for these devices.
For instance, the iPhone 15 Pro Max 1TB, originally priced at Dh6,799 at Apple outlets, is now being resold for Dh9,980 by sellers who imported it from Hong Kong.
Moreover, in the secondary market, iPhones intended for the UAE market have higher resale prices compared to those imported from other countries like China, Japan, and Hong Kong. Therefore, when buying from the secondary market, whether in stores or online, it is essential to find out which market the handsets were intended for.
Whether this trend will continue or the prices will stabilize remains to be seen as more people attempt to get their hands on the latest iPhones.