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Thu 13 Dec 2018 10:01 AM

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Video: Where are the ultra wealthy looking for property in the UAE?

The number of billionaires living in the UAE is forecast to increase significantly by 2027.

New World Wealth's AfrAsia Bank Global Wealth Migration Review, which named the countries expected to produce the most billionaires over the next 10 years, revealed the UAE will be home to 20 billionaires in 2027.

Dubai experienced a 12 percent increase in UHNWIs between 2015 and 2016, outpacing other financial hubs such as New York, London, Hong Kong, Singapore and Tokyo.

(Source: Arabianbusiness.com YouTube channel)