{"id":30769,"date":"2025-08-20T07:14:09","date_gmt":"2025-08-20T07:14:09","guid":{"rendered":"https:\/\/elite-bricks.com\/?p=30769"},"modified":"2025-08-20T07:14:11","modified_gmt":"2025-08-20T07:14:11","slug":"dubai-set-to-welcome-one-millionaire-every-hour-this-year","status":"publish","type":"post","link":"https:\/\/elite-bricks.com\/fr\/2025\/08\/20\/dubai-set-to-welcome-one-millionaire-every-hour-this-year\/","title":{"rendered":"Dubai set to welcome one millionaire every hour this year"},"content":{"rendered":"

On\u2011the\u2011ground allocations are rising, with HNWIs averaging Dh11.4 million per residential acquisition<\/p>\n\n\n\n

Dubai\u2019s transformation from a transient luxury stopover to a permanent global wealth capital is accelerating.. Photo: Supplied photo<\/p>\n\n\n\n

Dubai\u2019s attraction as a haven for the super-rich continues to grow, with a new millionaire homing in on the emirate every hour, studies show.<\/p>\n\n\n\n

With the emirate set to welcome nearly 10,000 new millionaires this year, Dubai\u2019s transformation from a transient luxury stopover to a permanent global wealth capital is accelerating, according to Betterhomes\u2019 latest report, Dubai: No Longer a Pit Stop, But the Finish Line for Global Wealth.<\/p>\n\n\n\n

As of December 2024, Dubai counts 81,200 resident millionaires, contributing to the UAE\u2019s total of 130,500 dollar millionaires, a remarkable 98 per cent jump in the last decade. With 142,000 millionaires set to migrate globally in 2025, even if just 5 per cent select Dubai, that\u2019s 7,100 new HNWIs and nearly $7.1 billion in fresh investment.<\/p>\n\n\n\n

\u201cDubai has matured into the world\u2019s most compelling plug\u2011and\u2011play city for wealth. What\u2019s changed is intent; founders, operators and multi\u2011generational families are anchoring here, not passing through,\u201d said Louis Harding, CEO at Betterhomes.<\/p>\n\n\n\n

Ticket sizes tell the story. On\u2011the\u2011ground allocations are rising, with HNWIs averaging Dh11.4 million ($3.1 million) per residential acquisition, and UHNW families committing Dh134 million+ ($36.5 million+) to legacy villas, waterfront compounds, and identity\u2011rich branded residences. These are end\u2011user purchases oriented toward permanence, professional services, and inter\u2011generational planning and not flip culture.<\/p>\n\n\n\n

Market depth is broadening. Dubai\u2019s luxury property market continues to set new benchmarks, with year-to-date villa and townhouse sales soaring to Dh147.2 billion ($40 billion), a remarkable 41 per cent jump compared to last year. Ultra-prime communities remain at the heart of this momentum: Palm Jumeirah has witnessed 85 transactions worth Dh3.8 billion ($1 billion), while Emirates Hills saw 30 deals totalling Dh1.9 billion ($517 million). At the very top end of the spectrum, homes priced above Dh35 million ($10 million) amassed Dh9.4 billion ($2.6 billion) in sales over the past six months alone, spanning 146 transactions.<\/p>\n\n\n\n

How does Dubai convert flow into stock? Policy clarity and zero personal income tax reduce friction for wealth creators. Safety, modern infrastructure, elite healthcare and education, and a US dollar\u2011pegged currency support families who plan to stay. The DIFC ecosystem, spanning private banking, trustees, and legal\/accounting services, underpins the growth of family offices and capital\u2011formation vehicles. Together, these features convert mobile inflows into permanent capital.<\/p>\n\n\n\n

\"Louis<\/p>\n\n\n\n

Louis Harding, CEO at Betterhomes.. Photo: Supplied photo<\/p>\n\n\n\n

From status buys to service stacks. Branded living has evolved from a badge to an operating system: concierge, wellness, club networks, and managed rental programs bundled into one address. In a supply\u2011constrained waterfront and villa market, this service stack is the new gravity.<\/p>\n\n\n\n

\u201cThis cycle is driven by real users, not leverage,\u201d Harding added. \u201cGlobal wealth is consolidating in branded ecosystems and legacy neighbourhoods. With policy clarity and quality-of-life premiums compounding, Dubai\u2019s prime market is shifting from cyclical to structural.\u201d<\/p>\n\n\n\n

As the global migration supercycle continues, Betterhomes expects sustained depth in prime and super\u2011prime, a further build\u2011out of family\u2011office services, and developers doubling down on concierge\u2011grade, club\u2011linked offerings. With supply tight in key sub\u2011markets, pricing power remains with high\u2011quality stock.<\/p>\n\n\n\n

Legacy hubs face rising tax and policy friction. Dubai offers clarity, speed, and scale, a rare combination for wealth creators who value time to operate, predictable rules, and global reach within one flight hop. The result is a structural recalibration, not a cyclical blip.<\/p>\n\n\n\n

Source: Khaleej Times<\/strong><\/p>\n\n\n\n

Published: 19 August 2025<\/strong><\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

On\u2011the\u2011ground allocations are rising, with HNWIs averaging Dh11.4 million per residential acquisition Dubai\u2019s transformation from a transient luxury stopover to a permanent global wealth capital is accelerating.. Photo: Supplied photo Dubai\u2019s attraction as a haven for the super-rich continues to grow, with a new millionaire homing in on the emirate every hour, studies show. With […]<\/p>","protected":false},"author":7,"featured_media":30770,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[347,4060,4059,4057,4058],"class_list":["post-30769","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dubai","tag-global-economy","tag-investment-hub","tag-millionaires","tag-wealth-migration"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/posts\/30769","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/comments?post=30769"}],"version-history":[{"count":0,"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/posts\/30769\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/media\/30770"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/media?parent=30769"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/categories?post=30769"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/fr\/wp-json\/wp\/v2\/tags?post=30769"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}