Dubai flashes luxury and it’s not out of nothing. The city is amongst the top 20 richest cities in the world. It has officially secured its place with an amazingly 81,200 millionaires, 237 centi-millionaires (individuals with assets exceeding $100 million), and 20 billionaires calling it home. Talking about the wealth of its residents, Dubai now ranks 18th globally according to the ‘World’s Wealthiest Cities Report 2025’. This report was published by Henley & Partners in partnership with New World Wealth.
Dubai is making statements in all aspects of development and finances are one of them. This ranking shows that Dubai is filled with the potential of investors and entrepreneurs. The city is perfect for luxury living and business innovation.
A Global City with Local Strength
Rising in terms of global wealth is a huge success. However, the UAE had achieved it with their strategic planning and following the footprint. The city doesn’t only rely on oil which is a huge part of the economy. They have paid attention to tourism, real estate, bringing innovative technology, going green, facilitating investors and much more. Every sector has played its part in making the city one of the wealthiest. Now Dubai is tax friendly, investor welcoming and a luxurious city to live in.
Not only on sectors, UAE has also worked hard in bringing people and giving them the right opportunities and a safe environment. People feel welcomed and secure. Both local and global manpower are contributing to Dubai’s success. No wonder why millionaires and centi-millionaires are fleeing to make this city their home.
Why Are Millionaires Choosing Dubai?
There is no hidden secret to why Dubai is so attractive to the global elite. The city offers
- 0% personal income tax policies. Many CEOS and leaders want to start their businesses without the pressure of extra finances. So United Arab Emirates is a magnet to them.
- The golden visa programme relieves people from visa and residence issues. Now people with money can come and invest in Dubai without getting worried about whether they will make it through a visa approval or not. On a large canvas, this brings stability to the area. When people have assurance they can stay, they plan and invest for longer years.
- Dubai is a connecting dot to Asia, Africa and Europe. This is like bridging the gaps and bringing the world together in trade and international transit. The timezone of the UAE Is convenient for most of the world’s markets. Billionaires love the city for this.
- Dubai has it all. From infrastructure to lifestyle, everything is royal. The system works smoothly and efficiently. This makes the city a favourite of wealthy people.
- Dubai is not only ranked rich but also a safe city. People with money can bring their money without fear. With low crime rates, an efficient Police Force and efficient services, the city is attractive to elites who prefer smooth lives and rich vibes.
How Much Wealth Does Dubai Claim?
Well, breaking down the numbers, this city has impressive statistics to boast about.
- There are 81,200 individuals with assets over $1 million. This is like a Millionaire trove.
- Not only this but 237 people hold assets that exceed $100 million. This Impressive amount Of centi-millionaires makes the City scream treasure.
- Millionaires and centi-millionaires are not enough. The city also has 20 billionaires.
This data shows that the city claims true wealth. Its people are rich and elite. It’s them who make the city luxurious, and a high-end living destination.
The First Arab City To Claim Power
Dubai is the 18th world’s richest city but the first Arab one. There Are strong other competitors like Riyadh, Doha and Abu Dhabi but our Dubai tops all. Maybe the reason is that the UAE focuses on 360° aspects of living. It leaves no stone unturned to go forward.
Is The City Setting An Example?
Yes! The rise of Emiratis reflects broader global wealth trends. Now wealth is not only limited to the West. The power dynamics are changing and UAE is setting an example in that. Now USA, the UK, Russia, and China are not the only ones to claim power. Investors are moving to cities like Singapore, Shenzhen, and Dubai. As wealth is moving within the global market, the United Arab Emirates is the heart of all global innovation.
What Is The Role Of Real Estate?
Dubai real estate is one of the major reasons the city is drawing money. It is safe to say that real estate is a Backbone of the city’s wealth. Let us explain how.
The city is rapidly expanding. New infrastructures are built with a futuristic approach. The luxurious development, waterfront properties, and modern houses are attracting global investors. The real estate is selling hot. Money Is pouring in and the city is flourishing every day. As long as foreign investors see the city as a safe hub for investment, the city is set to rise.
The Role of Government To Become Wealthiest Cities
Reaching the top is a strategic move. The government is fully supportive of all businesses. The licence process is easy. There are free trade zones and most sectors have 100% foreign ownership. This forward-thinking approach has made it possible for Investors to come and invest here.
Also, the government is supportive of digital innovation. These advancements not only create new industries but also open up new doors for wealth creation.
Also for the elite, there is top-notch healthcare, education and lifestyle available. The government is ready to provide what equals the expectations of the wealthy. So people with money want to come here not only because the city has investment opportunities but also because it offers a peaceful lifestyle that they crave. Many top schools provide international standard education. The healthcare services are super impressive according to global standards. The lifestyle is rich and luxurious.
What else do the wealthiest want? Obviously all of this!
What’s Next for Dubai?
No one can stop the city from rising! There is a whole system that works to push the city forward. The future seems bright and promising. Initiatives like the Dubai Economic Agenda (D33) and the Dubai Urban Plan 2040, the city is preparing to double its economy and population over the next two decades. This city is focused on the future.
These billionaires and millionaires seeking a home in Dubai is not a short-term trend. This is a structural shift. A transition happens with every successful step forward. Dubai is going to maintain its position and most probably improve it.
Conclusion
Dubai’s place among the world’s top 20 wealthiest cities in 2025 is not just an economic milestone. This shows how the city has worked hard to be here. When the desert turns into a diamond, it deserves applause. With a high number of Millionaires and Billionaires, the city is redefining wealth and success on a global canvas. The United Arab Emirates is indeed a future worth claiming.
