Dubai and Abu Dhabi have become magnets for ultra-high-net-worth individuals—with centi-millionaires (those with $100 million or more) relocating and investing in record numbers. But what’s driving this surge? According to a recent Savills study, the UAE's financial incentives, luxurious lifestyle, and pro-business policies are making it the ultimate destination for the wealthy.
Millionaires and Billionaires Are Making Dubai Their Home
Dubai is no stranger to wealth, but the numbers are skyrocketing! he city is now home to 81,200 millionaires, 237 centi-millionaires, and 20 billionaires, according to Henley & Partners' latest research. In fact, Dubai has jumped from 21st to 18th place in the top 50 wealth capitals worldwide in just one year.
What’s even more impressive? Both Dubai and Abu Dhabi are set to double their centi-millionaire population in the next 10 years, proving that the UAE’s business-friendly environment is irresistible to global investors.
Why Are the Wealthy Choosing Dubai and Abu Dhabi?
The UAE isn’t just a playground for the rich—it’s a strategic hub for investment and corporate expansion. Here’s what makes it so attractive:
- A Thriving Economy – Moving away from oil dependency, Dubai and Abu Dhabi are diversifying their investments into technology, finance, and sustainable initiatives.
- Business-Friendly Policies – Investors love the UAE’s low taxes, transparent regulations, and progressive policies.
- Luxury Lifestyle & Infrastructure – From world-class developments to five-star amenities, life in Dubai and Abu Dhabi is nothing short of exceptional.
Dubai & Abu Dhabi Rank Among the Best Cities for Investors
Savills’ Dynamic Wealth Indices recently listed the top 12 cities for attracting high-net-worth individuals (HNWI)—and Dubai and Abu Dhabi made the cut! Other cities in the ranking include New York, Singapore, Zurich, Miami, and San Francisco.
For companies looking to relocate and expand, Abu Dhabi ranked 5th globally, while Dubai secured 11th place—highlighting their appeal for corporate investment.
A Golden Era of Investment & Real Estate Growth
With foreign investors flooding the market, Dubai’s prime real estate values jumped 6.8% in 2024, and the trend is expected to continue. Abu Dhabi’s sovereign wealth fund has also played a crucial role in attracting family offices, multinational corporations, and luxury residential developments—further solidifying the UAE’s dominance in global investment.
A Bright Future Ahead
As the world’s political and economic landscape shifts, Dubai and Abu Dhabi are positioning themselves as safe havens for wealth and business innovation. With forward-thinking policies, a high quality of life, and growing investor confidence, the UAE is undoubtedly a top choice for the wealthy.
If you had $100 million, would you move to Dubai?
