With 46 individuals, the USA is the most preferred country for NRIs, followed by the UAE and the UK
Ultra-High Net Worth Individuals
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
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
billionaire in uae
Revealed: Exclusive credit cards for the ultra-wealthy in the Middle East
Unlike most credit cards, these symbols of wealth are not typical pieces of plastic. Some are crafted from precious metals, adorned with gemstones and are highly personalised to suit the lifestyles of the rich
Dubai
Dubai real estate: Record $65.5mn villa sale on Jumeirah Bay Island sets new benchmark
The 6-bedroom villa has set a new price record for the island, significantly surpassing previous sales
High Net Worth Individuals
Yacht vs private jet: Which is the best billionaire’s toy?
While private jets offer speed, efficiency, and travel convenience, superyachts provide a sense of luxury, exclusivity, and ease of access
Dubai
UAE real estate: Allsopp & Allsopp launch Dubai’s first private office for ultra-rich luxury property buyers
The new division will be exclusively for UHNWIs, offering discrete, tailored services for premium property opportunities in Dubai
High Net Worth Individuals
UAE real estate market to reach highs of AED2.6 trillion by 2024: Report
The extended growth is attributed to the interest of HNWIs, specifically their demand for luxury property investment in the city
Dubai
Money at risk: Most rich UAE expats not equipped to handle inheritance, tax, succession planning, expert says
Report finds 61% of HNW expats have not made any tax or estate planning arrangements for their children living abroad, putting their wealth transfer at risk
High Net Worth Individuals
The billionaire card: Inside the secret world of luxury services for the ultra-rich
Where limits are none and offerings are plenty, this exclusive card offers bespoke services to highly selective clients and call themselves ‘the ultimate wish granters’
Abu Dhabi
UAE, Saudi Arabia to see continued high net-worth migration on major visa, policy reforms
With stable growth prospects and massive opportunities, Saudi Arabia and the UAE are cementing their place as top destinations for business, investment and living for the world’s millionaires and billionaires
High Net Worth Individuals
UK millionaires head to UAE: Richest Brits leave as cost of living crisis worsens, Dubai real estate to benefit
UAE’s relatively lower cost of living, salary benefits, economic stability and security, coupled with its rising status as an emerging global hi-tech hub are seen to attract most UK millionaires and professionals
billionaires
Billionaire ‘doomsday’ bunkers: Why are the ultra-rich buying these underground mansions?
Billionaire bunkers or doomsday bunkers are underground accommodations built to sustain unprecedented crises such a war, calamities, an outbreak of a contagious disease or even a zombie apocalypse
Dubai
Dubai real estate: Ultra-rich target mansions in hunt for privacy
Inside the ultra-rich’s growing appetite for Dubai’s sprawling mansions as “privacy trumps views”
billionaire in uae
New ‘Billionaire’ credit card launches for ultra-rich: Full benefits revealed
The card is strictly for high-net-worth and ultra-high-net-worth individuals upon careful selection by the team
Air Chateau
Dubai’s ArcosJet announces new helicopter services exclusively for UAE ultra-rich
Since November 2021, Air Chateau has had an authorised 8-pad commercial heliport at Dubai’s Al Maktoum International Airport’s VIP Terminal