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How to find a rich man in dubai

Dubai is synonymous with the cities of the rich as the glamorous city is home to the highest number of high net worth individuals HNWIs in the region. But where do most of these millionaires live in the emirate? Check the interactive map here. However, the highest number of rich people live in Al Karama, Al Safa, Deira, Trade Centre area, Dubai Marina and Palm Jumeirah and surrounding areas as these parts of the emirate have population ratios as compared to other emirates.

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Where do the richest people in Dubai live?

Magazines such as Hello! Being one of the quintessential luxury capitals in the world, how do you think the uber-rich people in Dubai spend their money? You might have heard a few outrageous stories about the luxurious tastes of super-rich celebrities but nothing comes close to the decadent extravagance of the elite in Dubai.

From custom-made couture to cars made entirely out of gold, today MyBayut brings you a list of the unbelievable ways rich people in Dubai spend their money. The super rich in Dubai appear to live by the adage that, if you have it, flaunt it! This is why the City of Gold has a very particular set of things which are perceived as status symbols by the elite.

Our list contains some of the most epic and outrageous ways people in Dubai choose to spend their many millions or in some cases even billions.

Giving old King Midas a serious run for his money, the rich people of Dubai are known to be obsessed with the shiny yellow metal. Unbelievable, right? However, that is just another typical rich-people-thing in Dubai.

There are actual ATMs in Dubai that are not only made out of gold but even dispense gold coins, bars and medallions. It works just like any other ATM machine where you swipe your card but instead of money, gold comes out. One such machine is installed in the iconic Burj Khalifa. Most of us can only wish to be lucky enough to click a selfie with our favourite stars but for the filthy rich elite in Dubai, it is just a matter of booking their favourite stars for a private meeting.

The year-old son of the famous construction mogul in Dubai, Saif Ahmed Belhasa has a social media account where he has uploaded photos with the likes of Jackie Chan, Akon, Messi and Nicki Minaj. Yes, you read that right, not thousands but millions. The extravagant lifestyle of the elite class of Dubai has led them to develop some unusual spending habits, which may seem outrageous to most people but for them, it is perfectly normal.

Just take a look at the series of photos posted by Instagram account richkidsofdubai to get a sneak peek into how much the elite in Dubai spend on their gold and diamond-encrusted jewellery.

Expensive and luxury hotels have long been associated with the portfolio of rich people, and the Dubai elite are no different. One other habit that the rich people in Dubai like to indulge in is to enjoy the over-the-top luxuries provided by some of the most expensive and lavish hotels in Dubai. Ever seen a luxury car traffic jam? In Dubai, this is just a normal Thursday evening.

Luxury sports cars are a routine sight in Dubai, especially for the super-rich. The royal family of Dubai is also well known for their love of exclusive supercars. It is a well-known fact that the elite in Dubai are serious fashionistas. The latest collections of Valentino, Gucci, Prada, Chanel, Burberry and more, are known to be first seen on the super-rich in Dubai.

From bespoke luxury fittings to interiors designed by famous artists from around the world, the billionaire and millionaires in the city take luxury lodgings to a whole new level. Areas like Emirates Hills and Palm Jumeirah are known for their ultra-luxurious houses where investors will happily blow well over AED 50M for fantastic properties complete with manicured gardens, in-house elevators, private pools, private beach space and access to golf clubs. If you are wondering about some of the popular areas for the elite to live in the city, take a look at some of the most expensive properties in Dubai.

How the elite in Dubai spend their money

Magazines such as Hello! Being one of the quintessential luxury capitals in the world, how do you think the uber-rich people in Dubai spend their money? You might have heard a few outrageous stories about the luxurious tastes of super-rich celebrities but nothing comes close to the decadent extravagance of the elite in Dubai. From custom-made couture to cars made entirely out of gold, today MyBayut brings you a list of the unbelievable ways rich people in Dubai spend their money. The super rich in Dubai appear to live by the adage that, if you have it, flaunt it!

It is the leading bank in the UAE. The group also owns food, retail, and construction companies.

But what do the fortunate ones do once they join the high-net-worth club? Over the past two decades, the UAE has seen the population of the super rich increased significantly and as of the latest count, at least 88, millionaires now call the UAE home. Instead, they keep these fortunes somewhere else, either by investing in a company or buying second homes in popular destinations like New York or London, or acquiring stocks, gold and other commodities. Based on their interviews with wealth managers and fund managers, New World Wealth found that millionaires keep the biggest proportion of their wealth 26 per cent in non-liquid assets, such as business interests.

Top 4 Billionaires Living in Dubai

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Apr 17, - Donna Spangler, 49, dating expert and author of How to Get a Rich Man knows a bit about men, but more precisely rich men and how to bag.

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