A more balanced approach has emerged, where luxury coexists with a commitment to creating affordable housing solutions
High Net Worth Individuals
Latest in High Net Worth Individuals
affordable housing in dubai
Dubai Golden Visa for teachers; UAE announces new tax laws; Best areas for real estate investment; NEOM The Line update – 10 things you missed this week
Golden Visas, UAE tax laws, Dubai real estate investments, NEOM The Line updates and more of the biggest stories this week
Branded residences
Revealed: Global rich ditch volatile stock market for Dubai’s luxury real estate market
Dubai’s property market hit a 10-year high in recent months, attracting an influx of HNWIs from India, Russia, the UK and more to the UAE
Executive assistant
Meet the personal assistants earning AED 50k a month, in a role where salaries are rising
Midnight jet-setting while 8 months pregnant, purchasing million-dollar apartments, and still getting the coffee – all in a day’s work for the personal assistants of the ultra-wealthy
economic outlook
UAE assets: What are the world’s richest people investing in?
What unexpected investments are the world’s wealthiest pursuing amidst 2024’s economic uncertainties? Here is what UAE finance and wealth experts told Arabian Business
Cryptocurrency
‘Feisty’ Gen Z millionaires shaking up investment world, pouring money into crypto, art
While designer goods and high-end real estate remain popular, young millionaires and billionaires are increasingly allocating significant portions of their wealth to unconventional investments and experiences
billionaires
UAE-based VC Sehgal, Yusuff Ali figure in Hurun’s top 10 wealthy NRI list
With 46 individuals, the USA is the most preferred country for NRIs, followed by the UAE and the UK
billionaires
UAE holiday dates; Dubai Land Department bans landlords; Metro hikes nol card fees; Millionaire migration – 10 things you missed this week
UAE holiday dates, Dubai Land Department bans 10 landlords, Metro hikes nol card fees, millionaire migration and more of the top stories this week
France
Millionaire migration: 21% of young and wealthy from UK, France target UAE as new home, report finds
44% of 518 millionaires surveyed want to relocate for better economic opportunities and quality of living
billionaires
UAE poised for long-term UHNWI influx as Middle East hub status grows
This comes as millionaire migration surges globally, with the UAE experiencing a notable influx of wealthy residents
healthy sleep
The Swiss resort where the super-rich pay $126k a week to learn how to sleep
Despite being been referred to as the “sleepless elite”, HNWI’s are recognising the significant health benefits that quality sleep can offer
alternative investment
Gen Z are investing in luxury goods over traditional assets. But is it worth it? Experts weigh in
Gen Z investors allocate funds to luxury goods and collectibles rather than stocks and bonds, driven by social media influence and changing market perceptions – but is it a wise decision to make?
High Net Worth Individuals
UAE’s HNWI influx to drive $4.4bn in Dubai real estate investments by year’s end
Over 100 homes priced over $10 million were sold in Dubai during Q1 2024
billionaire in uae
Revealed: Exclusive credit cards for the ultra-wealthy in the Middle East
Unlike most credit cards, these symbols of wealth are not typical pieces of plastic. Some are crafted from precious metals, adorned with gemstones and are highly personalised to suit the lifestyles of the rich
Dubai
Dubai real estate: Record $65.5mn villa sale on Jumeirah Bay Island sets new benchmark
The 6-bedroom villa has set a new price record for the island, significantly surpassing previous sales
Dubai
Dubai real estate: The Luxury Real Estate acquires Scorpion Property in major AED3bn merger deal
The merger strengthens The Luxury Real Estate’s position in the market and improves services offered to high-net-worth individuals (HNWIs)
Cost of living for wealthy individuals
Dubai remains attractive to wealthy buyers despite rising cost of living: Report
Over half of wealthy Gulf residents surveyed by Julius Baer declared spending more on residential property in Dubai