Dubai’s luxury real estate market is on a record-setting trajectory in 2025 — and the world’s wealthiest are doubling down. From $100 million mansions in Emirates Hills to designer penthouses along the Marina, the city continues to attract High-Net-Worth Individuals (HNWIs) looking for more than just a home — they’re investing in lifestyle, legacy, and location.

Super-Rich Buyers Are Fueling the Market

According to the latest insights, Saudi and Indian nationals are leading the pack when it comes to purchasing Dubai’s multi-million dollar homes. These powerhouse buyers, joined closely by British and East Asian investors, are transforming Dubai’s high-end market into the world’s most active for $10 million+ transactions.

One notable example? Steel magnate Lakshmi Mittal, who recently closed on a $100 million property in Emirates Hills, solidifying the area’s status as one of the most prestigious enclaves globally.

Why Dubai? Global Billionaires Weigh In

A staggering 71% of global HNWIs now view Dubai as their top pick in the UAE for real estate investment, according to Knight Frank. That figure jumps to 80% among Saudi buyers, with the British at 74%, Indians at 69%, and East Asians at 61%.

“The ultra-wealthy remain laser-focused on Dubai’s luxury property segment,” says Shehzad Jamal, Partner at Knight Frank. “This unwavering interest has made Dubai the busiest $10 million+ homes market in the world — for the second year in a row.”

To put it in perspective, Dubai recorded 435 $10M+ home sales in 2024, nearly matching London and New York combined. And 2025 is already off to a roaring start with 111 such sales in Q1 alone — the highest ever for a January–March period.

Top Spots for Billionaire Buyers

When it comes to preferred locations, Dubai Marina remains the crown jewel. It captured 28% of all ultra-luxury property searches, and a staggering 43% among HNWIs worth $50 million or more. The appeal? Waterfront views, luxury towers, and seamless access to yacht berths — a lifestyle few cities can match.

Following closely are:

• Dubai Hills Estate (24% overall, 30% for ultra-HNWIs)
• Emirates Hills (23% overall, 22% for ultra-HNWIs)

These neighborhoods are more than communities — they’re global brands in their own right, offering privacy, prestige, and exclusivity that rival the likes of Beverly Hills or Kensington.

What’s Fueling the Frenzy?

Behind the surge is a mix of:

• Stable political and economic climate
• Tax-friendly regulations
• World-class infrastructure and amenities
• Ongoing mega-developments (e.g., Palm Jebel Ali, Dubai Islands, and high-profile towers by developers like Azizi, Binghatti, and Sobha)

As Dubai’s real estate scene continues to evolve with bold new projects and revitalized waterfronts, global elites are not just watching — they’re buying.

Final Takeaway

Dubai has officially cemented itself as the global epicenter of ultra-luxury real estate. With elite buyers from Saudi Arabia, India, the UK, and beyond, the city’s high-end property sector shows no signs of slowing down. Whether it’s a penthouse with skyline views or a private villa in Emirates Hills, the message is clear:

The world’s wealthiest don’t just want to live in Dubai — they want to own a piece of its future.