Dubai and Abu Dhabi edge out global rivals to lure ultra rich

Tax perks, top living standards, and strong investment pull put the UAE ahead

- GN FOCUS REPORT

Dubai and Abu Dhabi have emerged as the top global destinations for high-net-worth individuals (HNWIs), according to findings from international real estate consultancy Savills.

In its inaugural Dynamic Wealth Index earlier this month, Savills ranked the two UAE cities as the most attractive hubs for wealthy individuals seeking new homes, driven by their tax-friendly environments, high quality of life, and strong investment appeal.

Launched to track the cities best positioned to attract and grow individual and corporate wealth, the index highlights a shifting global landscape where lifestyle factors, favourable fiscal regimes, and geopolitical stability are increasingly influencing location decisions among the world’s affluent elite.

Dubai took the top spot globally for individual wealth migration, with Abu Dhabi closely following in second place. Both cities also scored highly for their ability to attract global businesses, with Abu Dhabi ranking in the top five worldwide for corporate relocations.

Top position