Why the UAE Remains the Top Choice for Millionaires Amid Regional Tensions
Why the UAE Remains the Top Choice for Millionaires Amid Regional Tensions . Despite heightened geopolitical tensions due to the ongoing Israel-Iran conflict, the United Arab Emirates continues to attract high-net-worth individuals (HNWIs) at an accelerating pace. According to global wealth experts and international migration consultants, the UAE remains the safest and most strategically positioned destination to park wealth — a sentiment echoed repeatedly across financial circles.
A Safe Harbour in Times of Crisis
Armand Arton, CEO of the leading investment migration firm Arton Capital, stated in an interview with Khaleej Times:
“In times of crisis, the UAE becomes a stronger magnet because of its safety nets, legal transparency, lifestyle quality, and tax-free advantages.”
The Emirates has proven time and again that it thrives under pressure. Whether it’s global health crises or regional wars, Dubai and Abu Dhabi stand resilient — a haven for investors, families, and entrepreneurs alike.
Surging Wealth Migration
In 2024 alone, the UAE attracted over 13,000 new millionaires, bringing its HNWI population to more than 240,000 — representing a staggering 5.8% increase year-on-year. The total wealth controlled by these individuals exceeds $785 billion.
Much of this momentum is concentrated in high-demand residential zones like:
- Palm Jumeirah – where exclusivity meets waterfront luxury
- Downtown – the beating heart of modern Dubai
- Business Bay – a thriving commercial and residential district
Visa Incentives & Real Estate Confidence
Golden Visas continue to be a strong pull factor, offering long-term residency for investors and their families. Paired with Dubai’s robust legal framework, low crime rate, and seamless infrastructure, HNWIs see real estate as both a safe store of value and a lifestyle upgrade.
From Emaar South to Dubai Hills Estate, investors are also targeting off-plan luxury and villa projects to secure early-stage capital appreciation.
Outlook: Continued Strength
Global wealth managers like UBS confirm that unless the regional conflict escalates significantly, the macroeconomic outlook for the UAE remains solid.
As Armand Arton concludes,
“This situation will create a new wave of investors from neighbouring countries who view the UAE as the safest place for their capital and families.”
Final Thoughts
The UAE’s global passport strength, international connectivity, and proactive governance ensure it remains the top destination for capital preservation, residency benefits, and lifestyle excellence — no matter the geopolitical winds.