Nearly 10,000 Millionaires Expected to Relocate to Dubai in 2025
Aug 20, 2025
Dubai is expected to see nearly 10,000 millionaires relocate to the city in 2025, cementing its status as a global hub for wealth and investment. According to a Betterhomes report, the influx marks a broader shift from temporary ownership to permanent settlement.
High-net-worth individuals are now spending an average of AED 11.4 million per residential transaction, while ultra-wealthy families are investing upwards of AED 134 million in legacy compounds and branded waterfront properties.
The property market reflects this trend: villa and townhouse sales have reached AED 147.2 billion so far this year, with premium locations such as Palm Jumeirah and Emirates Hills leading high-end transactions. Homes priced above AED 35 million saw 146 deals within six months, totalling AED 9.4 billion.
While Dubai's long-standing no personal income tax policy continues to attract wealthy individuals, the report highlights other factors contributing to this shift, from lifestyle and infrastructure to business opportunities and global connectivity.
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Around 10,000 millionaires are expected to move to Dubai in 2025, driven by lifestyle, infrastructure and investment opportunities, signalling a shift from transient ownership to long-term settlement. Aug 20, 2025 Dubai is expected to see nearly 10,000 millionaires relocate to the city in 2025, cementing its status as a global hub for wealth and investment. According to a Betterhomes report, the influx marks a broader shift from temporary ownership to permanent settlement. High-net-worth individuals are now spending an average of AED 11.4 million per residential transaction, while ultra-wealthy families are investing upwards of AED 134 million in legacy compounds and branded waterfront properties. The property market reflects this trend: villa and townhouse sales have reached AED 147.2 billion so far this year, with premium locations such as Palm Jumeirah and Emirates Hills leading high-end transactions. Homes priced above AED 35 million saw 146 deals within six months, totalling AED 9.4 billion. While Dubai's long-standing no personal income tax policy continues to attract wealthy individuals, the report highlights other factors contributing to this shift, from lifestyle and infrastructure to business opportunities and global connectivity.
