Dubai: The Knight Frank's Global Wealth Report 2026 revealed that Dubai continued to consolidate its position at the forefront of the world in attracting wealth and real estate investments. The report also showed that the UAE strengthened its position among the fastest-growing countries in the number of ultra-high-net-worth individuals (whose wealth exceeds $30 million).The report noted that the rising position of Dubai and the UAE as a growing global hub for finance, business, trade and services has contributed to enhancing its investment attractiveness from the perspective of global investors.The report added that the real estate market in the UAE is witnessing increasing development in terms of maturity and complexity, making it a key destination competing to attract global institutional capital.According to the report, the UAE is among the fastest-growing countries in the number of ultra-high-net-worth individuals, and the report predicts that the number of individuals in this category will increase from 4,851 individuals in 2026 to 6,588 individuals by 2031, with an estimated growth of about 36%, reflecting the UAE's continued attractiveness as a major center for attracting global wealth.HighlightsUAE is among the fastest growing countries in the number of super-rich peopleDubai is second globally in terms of growth in luxury property prices within one year500 Sale Transactions for Residential Units Worth More Than $10 Million in 2025The report explained that Dubai has established its position as one of the most prominent global destinations for wealth and investment in luxury real estate. This was supported by strong price growth and a significant rise in deals for ultra-luxury units, as Dubai ranked second globally in terms of growth in luxury real estate prices within one year by 25.1%, and recorded a cumulative growth of 193.9% in five years, which is among the highest growth rates globally, as the report indicated that the emirate recorded 500 sales transactions for residential units worth more than $10 million during 2025, compared to only 113 deals in 2021, reflecting the acceleration in demand for high-value residential assets.The report also highlighted Dubai's growing role in the global wealth movement, noting that "although New York and London remain important hubs, Dubai is gaining increasing momentum," adding that Dubai "has become more like a hub through which global wealth flows, thanks to its strategic location and supportive business environment."Abu Dhabi has emerged as a growing real estate market that attracts investors from around the world, as the emirate is one of the world's most important financial and investment hubs and a cultural destination that enjoys increasing attractiveness, with world-class institutions such as the Louvre and Guggenheim, along with spectacular natural coastlines, which also makes it an attractive choice for ultra-wealthy families looking for premium properties in a more serene lifestyle.The World Wealth Report 2026 said that the Middle East markets topped the growth of global luxury real estate prices in 2025 with an average of 9.4%, "mainly driven by the rise in real estate prices in Dubai by 25.1%", placing the emirate among the best performing markets globally.In terms of global comparisons, the report noted that although Hong Kong's luxury real estate market has recovered, it is "second only to Dubai" in terms of high-value transaction activity, reinforcing the emirate's position as a key destination for this type of investment.Overall, the report's findings confirm that Dubai continues to strengthen its presence on the global luxury real estate map, supported by strong price performance and growth in deal volume.

Abu Dhabi: The foreign ministers of the UAE, Jordan, Türkiye, Egypt, Indonesia, Pakistan, Saudi Arabia, and Qatar have condemned settlers’ incursions into Al‑Aqsa Mosque.The ministers condemned the repeated violations of the historic and legal status quo in Jerusalem’s Islamic and Christian holy sites by the Israeli occupation authorities, particularly the continued incursions by Israeli settlers and extremist ministers into Al‑Aqsa Mosque / Al‑Haram Al‑Sharif under Israeli police protection, as well as the raising of the Israeli flag within its courtyards.They reiterated that these provocative actions at Al‑Aqsa Mosque / Al‑Haram Al‑Sharif constitute a flagrant violation of international law and international humanitarian law, represent an unacceptable provocation to Muslims around the world, and constitute a grave violation of the sanctity of the holy city.The ministers reaffirmed their categorical rejection of any attempts to alter the historic and legal status quo in Jerusalem and its Islamic and Christian holy sites, and stressed the need to preserve it, while recognising the special role of the historic Hashemite custodianship in this regard. They reiterated that the entire area of Al‑Aqsa Mosque / Al‑Haram Al‑Sharif, which amounts to 144 dunams, is a place of worship exclusively for Muslims, and that the Jerusalem Endowments and Al‑Aqsa Mosque Affairs Department, affiliated with the Jordanian Ministry of Awqaf and Islamic Affairs, is the sole legal entity with exclusive jurisdiction to administer the affairs of the blessed Al‑Aqsa Mosque / Al‑Haram Al‑Sharif and regulate entry thereto.The ministers further condemned the accelerating illegal settlement activity, including Israel’s decision to approve more than 30 new settlements, which constitutes a flagrant violation of international law, including United Nations Security Council resolutions and the 2024 advisory opinion of the International Court of Justice. They also condemned the continued and escalating settler violence against Palestinians in the occupied West Bank, including recent attacks on Palestinian schools and children, and called for those responsible to be held accountable. They emphasised that Israel has no sovereignty over the Occupied Palestinian Territory and categorically rejected any attempts to annex the territory or displace the Palestinian people.The ministers stressed that such actions constitute a deliberate and direct attack on the viability of the Palestinian State and the implementation of the two‑State solution, increase tensions, undermine peace efforts, and hinder ongoing initiatives aimed at de‑escalation and the restoration of stability.They reiterated their call on the international community to uphold its legal and moral responsibilities and compel Israel to halt its dangerous escalation in the occupied West Bank and put an end to its illegal practices.The ministers also called on the international community to assume its responsibilities and take clear and decisive steps to halt these violations, and to intensify all regional and international efforts to advance a political solution that achieves a comprehensive peace based on the two‑State solution. They reiterated their unwavering support for the legitimate rights of the Palestinian people, particularly their right to self‑determination and to realise an independent Palestinian state along the June 4, 1967 lines, with East Jerusalem as its capital.