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The population of Dubai is little over three million, and 55,000 of them—or 1.8%—are millionaires. Have you ever wondered where the Ultra-Rich live in Dubai? While there are plenty of lavish apartments and mansions dotting the cityscape, there are a few neighborhoods that stand out as being particularly exclusive. If you’re curious about where the wealthiest residents of Dubai live, read on.
Due to the effective management of the Covid-19 outbreak, which increased confidence among the world’s elites in the emirate’s healthcare industry and the standard of living it offers people, Dubai has seen an influx of millionaires and billionaires over the past year.
The affluent areas of Dubai are Downtown, Emirates Hills, Jumeirah Golf Estate, Dubai Marina, and Palm Jumeirah, according to recent research from New World Wealth.
Downtown Dubai is one of the most popular places to live for the ultra-rich in Dubai. It is home to some of the most luxurious and exclusive residential properties in the city, as well as several high-end hotels, shopping malls, and restaurants. Downtown Dubai is also conveniently located near many of the city’s major attractions, making it a great place to live for those who want to be close to the action. W Dubai Downtown The Residences, St. Regis Downtown, BLVD Heights, and Emaar Downtown Views II are some of the luxurious developments in Downtown Dubai.
The Palm Jumeirah
The Palm Jumeirah is an artificial archipelago in Dubai, United Arab Emirates. It is one of the world’s largest man-made islands and is comprised of a trunk, a crescent, and 16 fronds. The Palm Jumeirah was created using land reclamation and is one of the most popular tourist destinations in Dubai. It is home to many luxury hotels, resorts, and residential properties. Some of the palm’s renowned properties include the Six Senses Residence, AVA Dorchester Collection by Omniyat, and Orla Dorchester Collection by Omniyat. Palm Jumeirah is also home to Dubai’s most expensive double signature villa, Casa Del Sole which was sold for AED 302.5 Million.
The Dubai Marina is one of the most popular places for the ultra-rich to live in Dubai. Located on the Persian Gulf, it offers a beautiful view of the skyline and is just a short drive from some of the best shopping and dining in the city. There are a variety of luxurious apartments and villas available for rent or purchase, making it the perfect place to call home for those who can afford it. EMAAR Marina Shores, Damac Cavalli Tower, and LIV Marina are some of the popular properties in Dubai Marina.
The Waterfront is one of the most prestigious residential areas in Dubai and is home to many of the city’s wealthiest residents. The area is located on the shores of the Persian Gulf and offers its residents stunning views of the water. The Waterfront is also home to some of Dubai’s best shopping and dining, as well as many luxury hotels. If you’re looking for a place to live in Dubai that oozes luxury and class, then Beachgate by Address, Address The Bay, and Beach Mansion are definitely the properties for you.
Jumeirah Beach Residence
Jumeirah Beach Residence is one of the most popular places for the ultra-rich to live. Located on the famous Jumeirah Beach, this area is full of luxury apartments and villas. There are also plenty of high-end restaurants and shops in the area.
From private beaches to five-star hotels, there’s no shortage of luxury here. Some of the properties in JBR include the FIVE JBR Residences, The Address JBR Residences, and FIVE LUXE JBR Residences.
Emirates Hills is an exclusive gated community that offers its residents complete privacy and luxury. This neighborhood is home to some of Dubai’s most expensive villas, which have been designed by world-renowned architects.
Many of the properties in Emirates Hills come with their own private gardens, swimming pools, and tennis courts. And with stunning views of the golf course and the city skyline, it’s easy to see why this is such a desirable place to live.
This gated community is made up of luxurious villas set amidst beautifully landscaped gardens. It’s perfect for those who want to enjoy a more tranquil lifestyle while still being close to all the action of downtown Dubai.
If you’re looking for luxury, there’s no better place to find it than Dubai. This desert metropolis is home to some of the wealthiest people in the world, and it shows. From the towering skyscrapers to the lavish hotels and resorts, everything in Dubai screams wealth and opulence. Reach out to one of our expert property advisors to know more.