The Middle East is experiencing a surge in luxury real estate demand, fueled by an influx of ultra-high-net-worth individuals, particularly in cities like Dubai and Riyadh. According to recent reports, the region’s appeal lies in its strategic location, favorable tax regimes, and lifestyle offerings, making it a magnet for the global elite seeking prime property investments.
Dubai, in particular, continues to dominate the high-end property market, with record-breaking transactions and a steady rise in luxury developments. This trend reflects a broader shift in global wealth, where investors are prioritizing long-term security and lifestyle in stable, tax-efficient markets like the UAE and Saudi Arabia.