UAE Set to Attract Rising Number of Ultra-Wealthy by 2031, Driven by Strong Real Estate Growth
Monday, 27 April 2026
The UAE is projected to see a significant increase in ultra-wealthy individuals by 2031, supported by strong real estate performance, global investor confidence, and its growing appeal as a leading business and lifestyle destination.
Key Highlights
- Strong growth in ultra-wealthy population
According to the Knight Frank Wealth Report 2026, the UAE’s population of ultra-high-net-worth individuals (UHNWIs) is projected to grow from 4,851 in 2026 to 6,588 by 2031. This growth highlights the country’s increasing global attractiveness for wealth creation and preservation. - Dubai ranks among top global markets
Dubai continues to stand out globally, ranking second worldwide for prime residential property price growth. The city’s luxury segment has delivered exceptional performance, reinforcing its position as a preferred destination for high-value real estate investment. - Luxury property market shows strong momentum
Prime residential prices in Dubai have risen by 25.1% over the past year and an impressive 193.9% over the last five years. This sustained growth reflects strong demand for premium homes, particularly in waterfront and branded developments. - High-value transactions continue to surge
The number of property deals exceeding $10 million has increased significantly, rising from 113 transactions in 2021 to 500 in 2025. This trend highlights the continued interest of global investors in Dubai’s ultra-luxury segment. - UAE strengthens position in global wealth migration
The UAE is increasingly recognised as a leading destination for international wealth migration, attracting investors seeking stability, connectivity, and a business-friendly environment compared to traditional global hubs. - Regional market supported by Dubai’s performance
Across the Middle East, prime property prices grew by an average of 9.4% in 2025, largely driven by Dubai’s strong real estate sector and investor confidence. - Abu Dhabi gains prominence among global investors
Abu Dhabi continues to attract international buyers with its expanding financial ecosystem and cultural destinations such as Louvre Abu Dhabi and the upcoming Guggenheim Abu Dhabi, offering a balanced mix of investment and lifestyle appeal.
