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Where do Dubai's millionaires live?
Where do Dubai's millionaires live? Dubai
By   Internet
  • City News
  • Millionaires
  • real estate prices
  • UAE
Abstract: Dubai has long been known for its wealth, and Dubai millionaires are definitely in the minority. According to a new global study, Dubai has 13 billionaires, while there are 67,900 millionaires.

Dubai ranks 23rd in the world for the most millionaires, while Abu Dhabi, Sharjah, Riyadh and Doha are also growing rapidly in the rankings.

 

Dubai's economy is performing strongly in a number of key sectors, including basic materials, hotels, financial services, oil and gas, real estate, retail and transportation.

 

In addition, Dubai has become a haven of choice for the wealthy in the midst of the recessionary crisis. The UAE is set to attract the most private wealth in the world this year, with a net inflow of 4,000 millionaires.

 

The latest figures show that property prices in Dubai soared by 70.3 percent in the 12 months to September this year, making it the fastest rising city in the global index compiled by the agency.

 

With so many rich people flocking to Dubai, where are they living?

 

Here are the 10 places with the most millionaires in Dubai.



 

Jumeirah First

 

Al Barsha

 

Jumeirah

 

Arabian Ranches

 

Al Thanyah

 

Umm Suqeim

 

Nakhlat Jumeirah

 

Marsa Dubai

 

Al Satwa

 

Umm Al Sheif

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