{"id":7526,"date":"2026-07-02T09:01:12","date_gmt":"2026-07-02T05:01:12","guid":{"rendered":"https:\/\/splendor.ae\/by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities\/"},"modified":"2026-07-12T18:36:36","modified_gmt":"2026-07-12T14:36:36","slug":"by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities","status":"publish","type":"post","link":"https:\/\/splendor.ae\/blogs\/by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities\/","title":{"rendered":"By 2030, Dubai is set to be one of the world&#8217;s wealthiest cities."},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p class=\"wp-block-paragraph\">When we talk about Dubai, a visual rich of impossibly high skyscrapers, oil, and Sheikhs comes to mind. A theme that is prevalent in all these thoughts is wealth. As a recent report by Henley and Partners suggests, it will attain that title by 2030.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The <strong>report<\/strong> claims that Dubai, Mumbai and Shenzhen will be breaking into the list of the World\u2019s top 20 wealthiest cities by the year 2030. Dubai is already home to 67,900 millionaires, 202 centi-millionaires (people with net assets of $100 million or more), and 13 billionaires.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rapidly growing industries of real estate, transportation, oil, gas, tourism and financial services are conspiring to boost the emirate&#8217;s wealth. While the <a href=\"https:\/\/www.shapoorjiproperties.com\/\"><strong>real estate property developers in Dubai <\/strong><\/a>are adding to the list of attractive tourist and housing architectural marvels, the mega structures such as Burj Khalifa, Burj Al Arab, Palm Jumeriah, and the Museum of future draw the attention of the world to the region.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Dubai International Financial Centre (DIFC) acts as a hub that assists family businesses and ultra-high net worth individuals (HNWI) in legacy and succession plans, it is promised to help Dubai climb higher on the ladder from its 23rd rank on the list of globally wealthiest countries.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/splendor.ae\/blogs\/by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities\/#Richest_Cities_set_to_be_rivalled_by_Dubai\" >Richest Cities set to be rivalled by Dubai.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/splendor.ae\/blogs\/by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities\/#Dubai_to_become_the_Richest_City\" >Dubai to become the Richest City.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/splendor.ae\/blogs\/by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities\/#FAQ\" >FAQ<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Richest_Cities_set_to_be_rivalled_by_Dubai\"><\/span>Richest Cities set to be rivalled by Dubai.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">A report published in June this year by New World Wealth claimed that the UAE is expected to overtake the wealthiest countries, such as the US and UK. These destinations attracted the most significant inflows globally in 2022.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The emirate of Dubai has been strategically marketed as an international hub with a high-income economy, free trade, low tax rate, and zero income tax acting as the catalyst driving start-ups and small international businesses to move to Dubai.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Easy regulations, renowned with lavish lifestyles, and luxury <a href=\"https:\/\/imperial.shapoorjiproperties.com\/\"><strong>residential projects in Dubai<\/strong><\/a><strong> <\/strong>have helped the city to bag its position on the list.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dubai_to_become_the_Richest_City\"><\/span>Dubai to become the Richest City.<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">As it stands, the USA dominates the list with five cities: San Francisco, Los Angeles, Chicago, Houston, and Dallas, all under the top 10. It\u2019s 345,600 total millionaires is also larger than that of Dubai.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It is worth reminding you that we are comparing a city vs a country. But it goes on to show the stiff competition Dubai has lying ahead.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A similar report by Henley and Partners also claims that if Dubai continues accelerating its growth, the city might even break into the top 20 by 2030. This goes on proves that the emirate of wonders is ready to compete with the big players.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQ\"><\/span>FAQ<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">1) Is Dubai the wealthiest city in the world?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> Dubai is the richest city in the MEA (Middle East and Africa), and according to the New World Wealth, it is the 29th wealthiest city in the world.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">2) What&#8217;s the richest city in the world?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong> According to Henley &amp; Partners, New York City is home to 345,600 millionaires, including 737 centi- millionaires (with a wealth of USD 00 million or more) and 59 billionaires, top the list with the most millionaires per city worldwide.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">3) Where does Dubai rank as the richest city in the world?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Ans:<\/strong>When it comes to the wealthiest cities in the world, Dubai ranks at 23rd position as the most popular city in the world for extremely wealthy inhabitants, according to a recent survey by Henley &amp; Partners.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>When we talk about Dubai, a visual rich of impossibly high skyscrapers, oil, and Sheikhs comes &hellip; <a title=\"By 2030, Dubai is set to be one of the world&#8217;s wealthiest cities.\" class=\"hm-read-more\" href=\"https:\/\/splendor.ae\/blogs\/by-2030-dubai-is-set-to-be-one-of-the-worlds-wealthiest-cities\/\"><span class=\"screen-reader-text\">By 2030, Dubai is set to be one of the world&#8217;s wealthiest cities.<\/span>Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":7527,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7526","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-guides"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Why Dubai Will Be One of the World&#039;s Wealthiest Cities<\/title>\n<meta name=\"description\" content=\"Discover why Dubai is set to become one of the world&#039;s wealthiest cities by 2030 and what it means for investors and residents.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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