Where Dubai’s Wealthy Choose to Invest: Top Luxury Property Destinations

Luxury Property Hotspots

• Where do rich people buy property in Dubai?

  High-net-worth individuals typically invest in ultra-luxury areas such as: 

  • Palm Jumeirah – iconic beachfront villas and branded residences 
  • Emirates Hills – Dubai’s “Beverly Hills” with golf course views 
  • Downtown Dubai – apartments near Burj Khalifa and The Dubai Mall 
  • Dubai Hills Estate – mansions with private parks and golf access 

• Why is Palm Jumeirah a top choice for wealthy buyers in Dubai?

  Palm Jumeirah offers: 

  • Direct beach access 
  • World-class branded residences (e.g., Atlantis The Royal, One at Palm) 
  • High privacy and security 
  • Iconic status and prestige 

• Are there off-plan luxury projects preferred by ultra-rich buyers?

  Yes. Wealthy buyers often target branded off-plan developments such as: 

  • Bugatti Residences by Binghatti 
  • Cavalli Couture by Damac 
  • Six Senses The Palm 

• Which areas are emerging as new hotspots for wealthy property buyers?

  New upscale communities attracting HNWIs include: 

  • Jumeirah Bay Island (home to Bvlgari Mansions) 
  • District One in MBR City 
  • Dubai Creek Harbour – The Island District 

• How does Dubai compare globally for ultra-luxury real estate?

  Dubai ranks among the top 5 global cities for luxury property purchases, thanks to: 

  • Zero property tax 
  • 100% foreign ownership 
  • Golden Visa incentives