Dubai Set to Attract $7.1 Billion in Global Wealth as Millionaire Migration Surges in 2025

Dubai is on track to welcome a new wave of global wealth in 2025, potentially transforming its status in the international financial and real estate landscape, according to a new report from leading property brokerage Betterhomes.

Titled “Dubai: No Longer a Pit Stop, But the Finish Line for Global Wealth,” the report highlights how shifting geopolitical and economic conditions are prompting high-net-worth individuals (HNWIs) to increasingly view Dubai not just as a temporary haven, but as a long-term home.

The report projects that of the estimated 142,000 millionaires expected to migrate globally in 2025, around five percent — or roughly 7,100 individuals — could settle in Dubai. This would bring with it approximately $7.1 billion (Dhs26 billion) in capital, a figure equivalent to nearly half of the emirate’s total foreign direct investment in 2024.

In 2024 alone, the UAE welcomed 6,700 new millionaires, a trend that Betterhomes says is accelerating due to international instability and the UAE’s strong value proposition.

“Dubai’s real estate market is no longer driven by speculation, but by strategic, long-term capital,” said Betterhomes CEO Louis Harding. “We are seeing global wealth not just arrive, but anchor itself here, in branded residences, legacy properties, and high-quality developments built for permanence.”

The report outlines a number of global “push” factors behind the influx of wealthy migrants. These include rising wealth taxes in developed countries, political unrest, and increasingly restrictive immigration policies. In contrast, Dubai offers a tax-efficient environment, strong legal protections, and a globally connected lifestyle, making it an increasingly attractive base for international investors.

Betterhomes notes a structural shift in the emirate’s property market, where high-net-worth buyers are focusing more on long-term residential value than short-term gains. The trend is moving away from speculative investments toward enduring, luxury developments.

As this evolution continues, Dubai is positioning itself as a benchmark for residential investment worldwide. The report concludes that the emirate’s continued success in attracting and retaining wealth will further entrench its role as a key hub in the global financial ecosystem.