In 2025, Dubai officially became the world's largest influx of millionaires. According to a recent report by Henley & Partners, the emirate topped the ranking of cities where wealthy people from all over the world move, ahead of such metropolitan areas as New York, London and Singapore.

According to the study, over the past year alone, more than 9800 millionaires, including about 60 ultra-rich individuals, whose fortune exceeds $100 million. This is a record figure not only for the Middle East, but also for the global private capital market.

Why do millionaires choose Dubai?

1. Tax policy

One of the main factors is no personal income tax. At a time when taxation is becoming more aggressive in Europe and the US, Dubai offers an attractive alternative for high-net-worth individuals and business owners.

2. Safety and quality of life

Dubai is considered one of the safest cities in the world, with a high level of law and order and a stable political situation. Add to this advanced medicine, world-class schools, and high-quality services, and you will get an ideal place to live and do business.

3. Infrastructure and lifestyle

The Emirate is actively investing in transport, technology projects and the urban environment. Beaches, five-star hotels, yacht clubs, golf courses and world-class cultural sites form a unique way of life, which is particularly appreciated by wealthy migrants.

4. A developed real estate market

Dubai offers one of the most transparent and investment-friendly real estate markets. Foreigners can freely own properties in free zones, and rental yields in the premium segment are consistently higher than in London or Paris.

Who's moving to Dubai?

New residents include entrepreneurs from Europe, owners of cryptocurrency assets, venture investors, IT specialists, as well as families from India, Russia, China and the Gulf countries. Creative industries and celebrities are increasingly moving here.

What does this mean for the market?

The influx of millionaires leads to growth in demand for premium real estate, especially in areas like Palm Jumeirah, Dubai Hills, Jumeirah Bay, and Downtown. Over the past year, prices for villas and apartments in luxury projects have increased by 15-25%, and rentals by more than 30%.

Dubai is firmly entrenched in its status global financial and investment hubopen to capital and talent from around the world. For investors, this is not only a confirmation of the right choice, but also a signal to action.