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In 2023 Dubai is home for Approximately 54,000 millionaires and 12 billionaires i
Hi, I'm Alessandro, living in Dubai since 2012 and in today's video we will discover the 3 main reasons why dubai has been named the city of "millionaire migrants"
4K new millionaires moved to Dubai over 2022.
And here are the 3 main reasons why the "millionaire migrants" have chosen Dubai as their primary or secondary residence.
- Dubai is tax free and the currency is linked to the USD
- The new golden visa, for real estate investments greater than AED 2M, allows you to enjoy a 10-year, renewable visa.
- Dubai is now ranked among the cities with a higher quality of life
Now Dubai is the richest city in the Middle East and Africa region and the 29th richest city in the world.
As of 2023, Dubai is home to approximately 54,000 high-net-worth individuals and 12 billion
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1️⃣ Dubai registers record number of real estate transactions in first four months of the year with a total of 36,946 transaction year to-date.
2️⃣Saudi Arabia will be soon offering freehold property to expats.
3️⃣ For the second consecutive year, Dubai is ranked first fort attracting greenfield FDI projects into sectors
Source links:
▫️https://www.arabianbusiness.com/industries/real-estate/dubai-rents-up-26-property-prices-increases-14-5
▫️https://www.khaleejtimes.com/uae/uae-gcc-opening-up-of-saudi-property-market-for-expats-to-give-a-fillip-to-hospitality-tourism-pr-2
▫️https://gulfbusiness.com/dubai-global-ranking-greenfield-fdi-projects/
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ST. REGIS RESIDENCES IN DUBAI
REACHED 1 BILLION DIRHAMS WORTH OF SALES
IN JUST ONE HOUR!
THAT IS 70% OF THE AVAILABLE
UNITS SOLD IN THE FIRST
60 MINUTES OF ITS LAUNCH
PRICE STARTS AT 2.75 MILLION DIRHAMS
FOR A 1-BEDROOM UNIT
AND THE MOST EXPENSIVE IS
42 MILLION DIRHAMS
WHICH ARE 5-BEDROOM UNIT
FULL-FLOOR PENTHOUSES
INCLUSIVE OF PRIVATE POOL
AND TERRACE WITH A 360-DEGREE VIEW!
THIS IS A PROOF THAT ST. REGIS
CONTINUES TO THRIVE WITH THE INCREASING DEMAND
FOR BRANDED PROJECTS IN DUBAI
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Dubai Real Estate News For Investors is your go-to podcast for the latest insights, trends, and updates on the dynamic Dubai property market. Whether you're a seasoned investor or just…
About Alessandro de Rubertis
🔌 Trusted advisor to a private circle of Real Estate investors
🙌 Passion for fitness, menswear & vintage timepieces
📍 Dubai since 2012

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