Over the past decade, 1,500 London millionaires have chosen Dubai as their new home

Over the past decade, 1,500 London millionaires have chosen Dubai as their new home. An additional arrival of 250 affluent individuals is expected this year.

A new report indicates that Dubai has become the third most popular destination for British millionaires.

The emirate attracts the ultra-wealthy due to its diversified economy, attractive tax rates, high level of security, and beautiful beaches.

Experts forecast a significant increase in the number of centimillionaires in Dubai in the coming years. The emirate is becoming an increasingly appealing destination for high-income individuals.

At present, Dubai ranks 16th in the list of cities with the highest number of affluent individuals, surpassing cities such as Riyadh.

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