Mideast Money

Dubai’s Red-Hot Housing Market Eyes UK Budget Boost

The emirate edged out New York as the top destination for the global elite, a survey shows.

Skyscrapers in the Business Bay and Downtown Dubai districts of UAE.Photographer: Natalie Naccache/Bloomberg

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By Adveith Nair

November 10, 2025 at 11:21 AM UTC

This article is for subscribers only.

Welcome to the Mideast Money newsletter, I’m Adveith Nair. Join us each week as my team and I chronicle the intersection of money and power in a region that’s become one of the most influential in global finance. You can sign up here.

This week : Abu Dhabi channels £20 billion into the UK over four years, Saudi small caps test the IPO market and Uber is in talks with Mubadala for a deal in Turkey.