UAE Attracts Millionaires Despite Regional Tensions – A Safe Haven for Global Wealth
UAE Attracts Millionaires Despite Regional TensionsWhile regional conflicts continue to affect parts of the Middle East, the United Arab Emirates (UAE) remains a beacon of stability, drawing high-net-worth individuals (HNWIs) and global investors in increasing numbers. Amid the Israel-Iran war and broader geopolitical unrest, the UAE is not only holding steady—it’s thriving.
Confidence in the UAE’s Stability
According to Armand Arton, CEO of Arton Capital, a leading immigration investment firm, “UAE becomes a stronger magnet in times of crisis due to its infrastructure, safety nets, rule of law, high quality of life, and low taxes.” The nation’s consistent resilience and strategic leadership have positioned it as one of the world’s safest and most appealing destinations for relocating wealth.
Recent reports show that Dubai and Abu Dhabi continue to rank among the safest cities globally. The Dubai Hills Estate, Jumeirah Village Triangle, and Dubai Internet City have become prime residential choices for affluent expatriates and investors due to their luxury offerings and reliable security.
Growing Numbers of Millionaires
The UBS Global Wealth Report 2025 revealed that the UAE attracted approximately 13,000 new millionaires in 2024, marking a 5.8% increase and raising the total number of HNWIs to over 240,000. With combined assets totaling nearly $785 billion, the UAE’s reputation as a financial safe haven is well-supported by data.
Arton also noted waves of migration in response to global instability, with significant inflows from Russia, Europe, and the US. The UAE’s Golden Visa program continues to be a major draw, offering residency options for investors, entrepreneurs, and highly skilled individuals.
Impact on Real Estate Investment
Property demand remains robust, particularly in strategic communities such as Dubai Creek Harbor, Al Barsha South, and Palm Jumeirah. Many luxury properties are being acquired by international buyers eager to park their capital in a politically neutral and economically vibrant environment.
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Investments in luxury real estate, off-plan apartments, and pre-construction projects have spiked as foreign nationals seek long-term residence through property ownership. Developers report sustained demand despite global inflation and regional unrest.
UAE Passport Gains Global Strength
Further reinforcing the UAE’s appeal is the rise of its passport. Arton Capital ranked the UAE passport #1 in its 205-country index. This remarkable climb from position 35 to 1 is attributed to strong diplomatic efforts and leadership decisions, including signing numerous visa-free agreements to enhance global mobility for Emirati citizens.
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Hot locations such as Business Bay, Dubai Hills Estate, and Emaar South are likely to lead the tokenized investment trend due to strong infrastructure, prime positioning, and investor demand.
Similarly, Jumeirah Village Triangle remains a magnet for mid-income buyers and tenants. Its mix of spacious villas, green landscapes, and proximity to key business hubs make it a prime location.
A Strategic Hub for the Future
Economic experts, including UBS chief economist Paul Donovan, agree that localized conflict like the Israel-Iran war is unlikely to significantly impact macroeconomic trends unless the conflict escalates. In fact, he notes that the UAE is poised to benefit further as HNWIs from affected regions continue to migrate to the Emirates.
real estate career also spans major Dubai neighborhoods, including Dubai Marina, Business Bay, and Palm Jumeirah. These prime locations are part of his growing portfolio of high-impact projects.
With reliable governance, a growing expatriate population, and a vision for sustainable growth, the UAE continues to build on its legacy as a top-tier destination for safety, opportunity, and wealth security.