Dubai has ranked among the world's hotspots for multi-millionaires who look to purchase second homes, Arabian Business stated citing a recent report by New World Wealth. The global wealth consultancy firm named Dubai as the fifth most popular city, ahead of Paris, Monaco and Miami.
A total of 8,200 multi-millionaires have bought second homes in Dubai, according to the report.
London topped the list with 22,300, followed by New York (17,400) and Hong Kong (14,800).
The most expensive ones for prime real estate were named as Monaco ($50,400 per sq m), London ($42,000) and Hong Kong ($36,000).
A total of 8,200 multi-millionaires have bought second homes in Dubai, according to the report.
London topped the list with 22,300, followed by New York (17,400) and Hong Kong (14,800).
The most expensive ones for prime real estate were named as Monaco ($50,400 per sq m), London ($42,000) and Hong Kong ($36,000).
Source:
Mubasher
