July 25, 2025

Dubai Emerges as a Hotspot for Millionaire Homebuyers

Dubai has evolved into one of the world’s most desirable cities for the wealthy to live, work and invest. Its appeal is driven by no income tax, long-term residency options such as the Golden Visa and a lifestyle that blends city energy, beach living and year-round sunshine. The result is a record influx of millionaires seeking a permanent base in the emirate.

According to projections by New World Wealth via Henley & Partners, the UAE will welcome 9,800 millionaires in 2025, the highest net inflow of high-net-worth individuals globally. This growing demand has placed Dubai’s premium residential communities firmly in the spotlight, setting new standards for luxury living.

Among the most sought-after neighbourhoods is Emirates Hills, often referred to as the ‘Beverly Hills of Dubai’. This gated community features expansive villas, manicured gardens and views over Emirates Golf Club, drawing business leaders and public figures alike. Median rental prices have reached 1.8 million dirhams, while sales now average 49 million dirhams, reflecting its exclusivity and family-friendly amenities such as elite schools and private clinics.

Emaar Beachfront, set between Palm Jumeirah and Dubai Marina, offers private beaches, infinity pools and branded towers, with median rentals at 200,000 dirhams and sales at 4.7 million dirhams. Palm Jumeirah, famed for its beachfront villas and luxury lifestyle, records median rentals of 210,000 dirhams and sales of 4.6 million dirhams. Downtown Dubai delivers city-centre living with Burj Khalifa views, top dining and cultural landmarks all within easy reach.

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