The total number of  high net worth individuals (HNWI) --  people with a wealth of $1 million or more -- is about 67,900 in Dubai as of June 2022, says a report.

 

Strategy consultancy Webster Pacific has released a heat map of HNWIs at the neighborhood level in Dubai, using its proprietary analytics. The HNWI counts are provided by intelligence firm New World Wealth.

 

The top five residential areas with the highest count of HNWIs were: Jumeirah First, Al Barsha, Jumeirah, Arabian Ranches, and Al Thanyah, according to the report. 

 

Of the 67,900 HNWIs in Dubai, 35% are in Jumeirah First, Al Barsha, and Jumeirah, it said.

 

Jumeirah is distinguished by its upscale, suburban feel and its proximity to both the gulf and downtown Dubai.

 

Al Barsha is ideal for wealthy families due to the abundance of schools such as GEMS Dubai American Academy and King’s School Al Barsha, along with access to elevated shopping at Galleria Mall Al Barsha.

 

Arabian Ranches and Al Thanyah offer more secluded communities with a multitude of world-renowned golf clubs and equestrian facilities. - TradeArabia News Service