Dubai’s UHNW home owners are younger, with a more industry-oriented business focus, reveals a Wealth-X report

Based on the Residential Real Estate 2023 report by Wealth-X & Realm, while Dubai is a smaller city compared to Monaco and Los Angeles, it has the largest share of UHNW (individuals with a networth above US$30  million) primary residents, which is two-thirds of its UHNW population. About 67% of the approximately 830 UHNWIs identified that are based in the city treat Dubai as their primary residence, while the remaining 33% choose Dubai as a secondary home. Dubai’s UHNW cohort also has the youngest age distribution of the three cities, with a lower proportion of homeowners over the age of 70 compared to READ MORE…