UAE is home to over 70,000 millionaires.
Dubai is seeing an increase in the number of luxury branded properties. With over 70,000 millionaires, the UAE is expected to see a 22% increase in high-net-worth families by 2027. According to the most recent wealth report by New World Wealth, the United Arab Emirates (UAE) is home to more than 70,000 millionaires. It’s worth noting, though, that the survey defines a millionaire as someone with $1 million or more in net assets, excluding their primary residence. As a result, it’s possible that the real number of people in the UAE with a net worth of $1 million or more is higher if their principal house is included in the computation.
Dubai (UAE): Unique Properties, one of Dubai’s premier real estate agents, is seeing an increase in the number of premium branded properties in several of the city’s communities. With nearly 70,000 millionaires in the UAE and a 22% increase in high-net-worth households expected by 2027, Dubai has become a lucrative destination for attracting high-net-worth individuals (HNWIs), and the property sector has proven to be an appealing platform to leverage luxury with lifestyle living. These elements have contributed to Dubai’s emergence as the best location in the world for branded residences.
Over the last decade, the global luxury branded residential sector has risen at an exponential rate of 150%. Around 640 branded houses account for approximately 100,000 properties worldwide, with supply levels expected to nearly treble and surpass 1,100 in the next three years. The Middle East will lead the drive, with a projected 86% rise in supply, and the UAE will play an important role.
“Around 3,300 transactions worth over AED160 billion were reported in the first half of 2022 alone.” The demand for branded properties is growing, indicating significant potential for the near future, and the country’s total real estate market is expected to receive additional investment now that the Qatar World Cup is officially underway.
Among these winners is the branded housing section. According to FIFA, nearly three million tickets have been sold up to this point, and with the overwhelming demand seen by visitors from all over the world, this will drive a massive influx of visitors to neighboring countries – with Dubai arguably being the preferred destination of choice,” he concluded. The top five residential neighborhoods with the highest concentration of HNWIs, according to a Webster Pacific report, are Jumeirah First, Al Barsha, Jumeirah, Arabian Ranches, and Al Thanyah. Jumeirah and Al Barsha account for more over 35% of the total.
Yxlpjv
buy ivermectin tablets – purchase stromectol online buy carbamazepine online
January 3, 2025Kenlvy
amoxil online – amoxicillin ca ipratropium generic
January 21, 2025Ogbxoo
accutane 40mg oral – dexamethasone 0,5 mg pill buy zyvox 600mg pill
January 22, 2025Qtvisv
purchase azithromycin online cheap – buy bystolic no prescription bystolic 5mg ca
February 4, 2025Essrdy
lasix for sale online – piracetam 800 mg ca buy betamethasone 20 gm
February 11, 2025Vtjkwx
buy cheap generic neurontin – order itraconazole 100 mg for sale itraconazole 100mg canada
February 11, 2025Riirvu
buy augmentin 625mg – buy ketoconazole 200 mg for sale order duloxetine 40mg pill
February 16, 2025Tbbyvy
monodox over the counter – order glipizide 5mg online glucotrol 5mg pill
February 18, 2025Xebnkx
augmentin pills – augmentin medication buy cymbalta 40mg online
February 25, 2025Xldows
buy semaglutide sale – cyproheptadine brand periactin where to buy
February 27, 2025Pkggop
brand tizanidine – tizanidine over the counter microzide tablet
March 1, 2025Oghdfx
tadalafil 5mg canada – oral tadalafil 5mg viagra 50mg pill
March 8, 2025Gwprci
sildenafil 100mg price – brand sildenafil 50mg cialis tablets
March 10, 2025Wxbieg
lipitor 80mg cheap – order atorvastatin 80mg generic buy zestril pills for sale
March 16, 2025Dpfucg
buy cenforce 100mg pill – aralen for sale purchase metformin online cheap
March 18, 2025Vmmjyu
lipitor medication – order norvasc 5mg generic purchase lisinopril online cheap
March 19, 2025Kyfybd
order lipitor 40mg online – cost amlodipine 10mg buy lisinopril for sale
March 20, 2025Kxhfze
prilosec 20mg us – metoprolol usa order tenormin for sale
March 22, 2025Bhuudh
depo-medrol brand – buy generic triamcinolone 10mg triamcinolone price
March 28, 2025Gbhppl
clarinex cheap – loratadine 10mg oral oral priligy 60mg
March 30, 2025Rlxoxq
buy misoprostol tablets – buy diltiazem sale diltiazem pills
April 1, 2025