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Millionaire Destination of Choice, Follow along to win
Source: | Author:STAR AND MOON | Published time: 2024-08-08 | 18 Views | Share:
With favorable policies such as golden visas and zero income tax, Dubai has attracted multimillionaires from United Kingdom, India, Russia and other countries to invest

https://mp.weixin.qq.com/s/ru-xUmOEJdmysdflhyGKMw

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The total price of a single set is 5 million di, and the transaction trend is trending

The total price of a single set is 5 million 

2024年5月单套总价500万迪【约RMB1000万】公寓别墅成交量1138套,环比上涨57.18%,同比上涨15.07%,自2023年来,月度浮动较大,但整体富翁的流入量呈现上升趋势。 2024年1-5月千万富翁投资聚焦在Palm Jumeirah、Downtown Dubai、Eleven District、Dubai Harbour、Dubai Hills Estate、Palm Deira、The Valley等区域,看中Emaar、Sobha 、Damac、Nakheel、MAF、Meraas等品牌开发商。

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The total price of a single set is 10 million di, and the transaction trend is trending

The total price of a single set is 10 million 

In May 2024, the transaction volume of a single set of apartments and villas with a total price of 10 million yuan [about RMB2000 million] was 348 units, up 35.41% month-on-month and 12.62% year-on-year. From January to May 2024, billionaire investment will gather in hot spots such as Palm Jumeirah, Palm Jebel Ali, Dubai Hills Estate, and Al Jadaf, and the transaction developers are Nakheel, Emaar, Meraas, THE PALM, MAG, Damac, etc., focusing on the scarce resources, brand value, and product value of regional projects.

According to the Henley Private Wealth Migration Report 2024, the U.A.E. has become the preferred destination for millionaire immigrants around the world, and Dubai has become one of the choices of millionaires, with more high-net-worth individuals investing in Dubai real estate. Dubai's real estate market has shown a significant upward trend, and it is understood that it has benefited from a large inflow of funds from investors from United Kingdom, Russia and Europe.
The U.A.E. attracts millionaires "with zero income tax, golden visas, a luxurious lifestyle and a strategic location." The influx of millionaires will promote the creation of more new businesses, which will indirectly drive the employment environment, and also drive the employment rate, stimulating more middle-class economic groups to buy and rent homes, thereby pushing up Dubai's real estate upside.

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