Wednesday, 15 April 2015

How Dubai property prices are creating more, younger millionaires

72,100 UAE millionaires have a combined wealth of Dh1.12 trillion

The number of people getting richer in the UAE has gone up considerably in the past seven years even as the average age of a UAE millionaire is less than the global average, a new report reveals.

Latest statistics published by New World Wealth in its ‘The United Arab Emirates 2014 Wealth Report’ show that one in every 130 people living in the UAE is a high net worth individual (HNWI), or a millionaire.