The Wealth Report City Series | Dubai Edition
The Dubai Edition of The Wealth Report City Series, provides a comprehensive overview of Dubai’s position in the world ranking of prime residential markets, examining both economic and lifestyle factors that make the Emirate so attractive for both regional and international high-net-worth individuals to live and work.
Arguably, no city has seen such a rapid transformation as Dubai. The opportunities arising from this growth are immense and the task of accommodation a 76% population growth over a decade opens huge investment prospects across residential. Industrial, retail, offices and leisure.
Dubai’s architecture, art, health, sport and the flourishing food scene provide a rounded view of the opportunities it has to offer to residents, investors and visitors and in this edition we have assembled an impressive array of experts, who discuss the latest developments in three critical areas for residential buyers: residency permits, taxation, and education options.
• Number of Ultra-High Net Worth Individuals (UHNWIs) living in Dubai expected to increase by 60% in the 10 years leading up to 2026
• Population growth and strengthened economy signal renaissance for Dubai’s prime property market
• Prime property in Dubai holds relative affordability in global market
• Investment in infrastructure significantly boosting quality of life ratings
The Wealth Report 2018
The Wealth Report is an annual award-winning publication produced by Knight Frank that examines and analyses the performance of prime property markets, global wealth distribution and the attitudes of wealthy individuals towards property, investments and other wealth-related topics, including luxury spending trends.
The 12th edition of the report provides the global perspective on prime property and wealth. This annual publication includes price performance data for 100 global luxury property markets as well as the results of The Wealth Report Attitudes Survey and Knight Frank’s Global Cities Index. Headlines from the report include:
• The world’s ultra-wealthy population increased by 10% in 2017
• Brexit appears to have had limited impact on London’s standing – with the city coming second in the Knight Frank City Wealth Index
• Secondary passports and residences are on the rise for the world’s wealthiest
• Private capital is fuelling growth of global real estate deals worth over US$1 billion
• Art tops Knight Frank’s Luxury Investment Index 2017 after a record-breaking year