Dubai Tops Global Wealth Migration Rankings in 2025

Amie Roberts • July 17, 2025

The World’s New Wealth Capital? 

Dubai has officially claimed the top spot in global wealth migration for 2025, welcoming more ultra-high-net-worth individuals (UHNWIs) than any other city. Surpassing traditional powerhouses like London, New York, and Singapore, Dubai is rewriting the rules on where the wealthy choose to live and build their empires. 

But how did this transformation happen—and what does it mean? 

Key Figures 
  • Over 7,100 millionaires expected to arrive in 2025 
  • More than 200 centi-millionaires (net worth > $100m) are relocating 
  • UAE's total millionaire population forecast to grow by 12% annually 
  • Dubai is now home to 25% of the Middle East’s private wealth 
This growth has pushed Dubai ahead of even long-established wealth centres. 

What’s Driving the Surge? 
Tax neutrality: Dubai has no personal income tax, inheritance tax, or wealth tax 
Visa flexibility: The UAE’s Golden Visa and retirement programmes appeal to a broad range of applicants 
Geopolitical neutrality: Dubai remains neutral, secure, and globally connected 
Real estate appeal: Prime property remains relatively affordable compared to global peers 
Lifestyle & brand: Dubai is now synonymous with luxury, efficiency, and growth 

Who Is Moving to Dubai? 
  • Founders from the UK and Europe seeking residency-based tax benefits 
  • Middle Eastern families seeking safe, stable jurisdictions for family offices 
  • Wealth creators in AI, crypto, and fintech 
  • UHNWIs fleeing political uncertainty in South Africa, Russia and parts of Asia 
Strategic Implications 
Dubai’s growing UHNWI base is having ripple effects across: 
Education: Surge in demand for top-tier schools 
Private wealth advisory: More business for lawyers, tax advisers, trustees 
Luxury services: Demand for concierge firms, supercar dealerships, and fine dining 
Civic planning: Roads, services, and infrastructure are being upgraded rapidly 

Conclusion: A Hub That’s Here to Stay 
Dubai’s ascent to the top of the global wealth migration table reflects a mix of strong policy, smart marketing, and genuine demand. For wealth advisers, trustees, and investment firms, the message is clear: if you’re not operating in Dubai, you’re missing out. 

At Mosaic Chambers Group, we specialise in helping UAE-based clients structure, grow, and protect their wealth. From inheritance planning to UK tax exposure, our team of dual-qualified advisers can offer practical advice with no jargon. 
 
Contact us today to book a confidential conversation with one of our experienced UAE wealth advisers. 
 
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