Dubai

Dubai named world’s fifth most important city for ultra-wealthy

Dubai named world’s fifth most important city for ultra-wealthy

02 March, 2016

ARABIAN BUSINESS

Dubai has been named the fifth most important city in the world for the ultra-wealthy, according to Knight Frank’s Wealth Report. An annual analysis of wealth flows and property investment around the world, the report showed that the importance of Dubai to ultra-high net worth individuals (UHNWIs) – those with $30 million or more in net assets – has grown over the past 12 months.

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