Nearly 10,000 Millionaires Expected to Relocate to Dubai in 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.