Average rental prices in Dubai and the best country for millionaires

Average rent in May 2022 increased by 19.1% from May 2021
This is the steepest increase since October 2014.

According to global commercial real estate services, CBRE.

In May 2022 average rental prices:

Apartments – $22,700
Villas – $67,900

Leading areas in terms of average rental price:

Apartments – Palm Jumeirah ($58,200)
Villas – Al Barari ($238,000)
The best country for millionaires in 2022 will be the UAE
According to the consulting company, Henley Global Citizens Report, in the country:
  • 92,600 US-dollar millionaires
  • 4,000 multi-millionaires (worth $10+ million)
  • 251 centi-millionaires (worth $100+ million)
  • 14 US-dollar billionaires
Most of the millionaires come from:
  • Africa
  • India
  • Russia
UAE ranks the 1st place globally for workforce business skills
According to the report of the educational platform, Coursera, the talent pool leads in areas such as:
  • Management
  • Strategy
  • Entrepreneurship
Sources: Arabian Business, The National News
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