Dubai and Abu Dhabi are among the world’s top five destinations for high-net-worth individuals (HNWIs) as the UAE continues to attract the ultra wealthy, a report by property consultancy Savills Middle East has found.

Dubai tops the new charts while Abu Dhabi was ranked fifth. New York was second, Singapore third and Hong Kong fourth on the Savills HNWI Hotspot Index, which analysed nearly 100 cities in business environment, family infrastructure and cost, legacy planning, lifestyle and privacy.

Monaco, Los Angeles, Miami, Aspen (in the US state of Colorado) and London round off the top 10 in the Spotlight on Wealth Trends 2025 report.

The survey identifies a broader global trend of the wealthy prioritising lifestyle and family-orientated factors when choosing where to live, work and invest.

“Globally, we’re seeing the world’s wealthy look beyond traditional financial hubs in favour of destinations that deliver lifestyle, well-being and family appeal alongside business opportunity,” said Kelcie Sellers, associate director of Savills World Research.

“The UAE stands out for its ability to offer all three, from excellent education and connectivity to a dynamic, forward-looking economy.”

Dubai, as well as other emirates in the Arab world's second-largest economy, has attracted an influx of millionaires from around the world.

The number of them living in Dubai has doubled in the past decade, making it one of the world’s fastest growing wealth hubs, according