Dubai has secured its position through a combination of factors whilst legacy cities struggle
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Dubai is now home to over 81,000 millionaires
The global population of the ultra-wealthy is set to double by 2035, Henley & partners’ new report finds
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Dubai real estate supply; Exclusive Salt Bae interview; Sheikh Hamdan announces well-being resort; UAE deportations; Kuwait announces holiday – 10 things you missed this week
Dubai real estate analysis, new well-being resort announced, Brits flock to the UAE, Kuwait announces holiday and more top news stories this week
High Net Worth Individuals
Middle-class Britons join wealth exodus to UAE amid UK economic uncertainty
The migration wave comes as Britain grapples with multiple challenges, including the planned abolition of non-dom tax status and broader economic uncertainty
Abu Dhabi
Side hustles in Dubai; UAE petrol prices; Saudi job localisation; Habtoor cancels Lebanon investments – 10 things you missed this week
UAE petrol prices, Dubai real estate analysis, Saudi job updates, how to get a side hustle and more top stories this week
High Net Worth Individuals
UK millionaires head for Dubai, Abu Dhabi despite attempts to slow exodus, experts say
Experts also called for a complete reversal of the planned amendments to the non-dom tax rules to make it easier for wealthy individuals to relocate to the UK, particularly in light of the Trump presidency
dubai bling
‘I love both worlds’: Netflix star Safa Siddiqui on motherhood and her growing business empire as Dubai Bling returns for season 3
Season 3 hit Netflix this week, serving up dramatic twists and million-dollar spectacles that have fans buzzing about the show’s most outrageous season yet
ACRES Real Estate Exhibition
Millionaires flock to UAE; Sharjah slashes real estate fees; Free zone offers fast-track visas; Neymar invests in Dubai property; Black Friday bargains – 10 things you missed this week
Millionaires in the UAE, real estate promotion in Sharjah, fast-track visas at new free zone, Dubai property updates and more of the top news stories this week
Entrepreneur
EXCLUSIVE: UK seeing ‘huge millionaire exodus’ to UAE, says Diary of a CEO’s Steven Bartlett
The celebrity entrepreneur also revealed that he could be making the move to the UAE himself within the next five years
Abu Dhabi
New Dubai ‘super tower’ plan; UAE Royal launches perfume; Major RTA bridge update; $8.2bn Abu Dhabi developments – 10 things you missed this week
Major Dubai bridge updates, Real estate analysis, UAE royal perfume, super tower plans and more top stories this week
centi-millionaire
The rise of the Gulf centi-millionaires: Dubai, Abu Dhabi and Riyadh set for massive increase in number of people with $100m in the bank
Gulf cities including Dubai, Abu Dhabi and Riyadh are attracting growing numbers of centi-millionaires with welcoming investor migration schemes and transparent business practices
billionaires
UAE-based VC Sehgal, Yusuff Ali figure in Hurun’s top 10 wealthy NRI list
With 46 individuals, the USA is the most preferred country for NRIs, followed by the UAE and the UK
Emirates NBD
Emirates NBD launches Millionaire Account with $15.5m of prizes to be won
Emirates NBD Millionaire Account has MASSIVE prize fund for UAE savers
billionaires
UAE holiday dates; Dubai Land Department bans landlords; Metro hikes nol card fees; Millionaire migration – 10 things you missed this week
UAE holiday dates, Dubai Land Department bans 10 landlords, Metro hikes nol card fees, millionaire migration and more of the top stories this week
France
Millionaire migration: 21% of young and wealthy from UK, France target UAE as new home, report finds
44% of 518 millionaires surveyed want to relocate for better economic opportunities and quality of living
billionaires
UAE poised for long-term UHNWI influx as Middle East hub status grows
This comes as millionaire migration surges globally, with the UAE experiencing a notable influx of wealthy residents
High Net Worth Individuals
UAE’s HNWI influx to drive $4.4bn in Dubai real estate investments by year’s end
Over 100 homes priced over $10 million were sold in Dubai during Q1 2024