How many millionaires are in Dubai and the UAE?
Dubai is home to about 81,200 resident dollar millionaires, 237 centi-millionaires and 20 billionaires. Across the UAE there are roughly 183,000 millionaires. The country has been the world's number one destination for millionaire migration four years running, with an estimated net inflow of 9,800 in 2025.
- USD millionaires in Dubai
- 81,200 (Henley, end-2024)
- Centi-millionaires in Dubai
- 237
- Billionaires in Dubai
- 20
- USD millionaires, UAE total
- About 183,000 (UBS 2026)
- Net millionaire inflow, 2025
- +9,800, the world's highest for a fourth year
- Figures as of
- 5 August 2026
How many millionaires move to the UAE each year?
| Year | Net millionaire inflow | World rank |
|---|---|---|
| 2022 | +5,200 | 1st |
| 2023 | +4,700 | 1st |
| 2024 | +7,200 | 1st |
| 2025 | +9,800 | 1st |
The 2025 inflow brought an estimated $63 billion in investable wealth. The largest origin markets are India (about 31% of arrivals), the wider Middle East (20%), Russia and the CIS (14%), and the UK and Europe (12%).
Where does Dubai rank among the world's wealthiest cities?
| City | Resident millionaires |
|---|---|
| New York | 384,500 |
| Bay Area | 342,400 |
| Tokyo | 292,300 |
| Singapore | 242,400 |
| Los Angeles | 220,600 |
| London | 215,700 |
| Paris | 160,100 |
| Hong Kong | 154,900 |
| Sydney | 152,900 |
| Dubai | 81,200 |
Dubai ranked 18th worldwide at end-2024 and was the biggest climber in the global top 50, with its millionaire population up 102% over the preceding decade.
Why are wealthy people moving to Dubai?
The drivers are consistent across reports: no personal income tax, golden visa residency of 5–10 years, political stability, direct global air connectivity, and a property market where prime Dubai residential values rose roughly 194% over five years. Dubai recorded 432 sales above $10 million in the twelve months to Q1 2025, the highest of any city globally.
Will Dubai's millionaire growth continue?
Knight Frank projects UAE ultra-high-net-worth individuals worth $30 million or more rising from 4,851 in 2026 to 6,588 by 2031. UBS projected UAE millionaire numbers growing about 15% between 2023 and 2028.
Check your own percentile on the interactive dashboard →Frequently asked questions
- How many millionaires live in Dubai?
- About 81,200 resident US-dollar millionaires as of end-2024, according to Henley & Partners and New World Wealth, including 237 centi-millionaires worth $100 million or more and 20 billionaires.
- Which country attracts the most millionaires?
- The UAE, for four consecutive years. It recorded net inflows of 5,200 millionaires in 2022, 4,700 in 2023, 7,200 in 2024 and a projected 9,800 in 2025 — the highest of any country worldwide.
- Why do millionaires move to Dubai?
- No personal income tax on salaries or capital gains, long-term golden visa residency, political and currency stability (the dirham is pegged to the US dollar), strong global connectivity, and a fast-appreciating prime property market.