UAE is home to over 70,000 millionaires

The country is set to witness a 22% rise in high-net-worth households in the next five years

Dubai is facing an increasing growth of luxury branded residences, according to Unique Properties. With UAE being home to nearly 70,000 millionaires, the country is set to witness a 22 percent rise in high-net-worth households by 2027.

Dubai’s property sector has leveraged luxury with lifestyle living and has become a lucrative destination to attract high-net-worth-individuals. According to Unique Properties, these factors have contributed to Dubai’s emergence as the world’s best location for branded residences.