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Dubai Emerges as Top Legacy Hub for African Super Rich

by TOD Newsdesk
June 25, 2025
in UAE News
Dubai Emerges as Top Legacy Hub for African Super Rich

Dubai Emerges as Top Legacy Hub for African Super Rich

Read Latest news only on Times of Dubai

June 25, 2025 | Dubai, UAE: Dubai’s rising skyline is more than just a symbol of wealth. For many of the African super rich, it now represents something far more personal, a place where they can build a life, protect their family’s future, and leave behind something lasting. No longer just a city of luxury shopping and iconic buildings, Dubai is quietly becoming a home away from home for Africa’s wealthiest families. From stable laws to tax-free returns and family-friendly living, the emirate is drawing more long-term attention than ever before. For the African super rich, this is not just about money. It is about meaning, safety, and continuity.

From Quick Gains to Generational Goals

Across Africa, wealthy families are rethinking what to do with their success. Earlier, investment meant returns. Now, it means something deeper legacy. Many of these families are now looking beyond short-term profits and focusing on where their children and grandchildren can thrive. Dubai has become a natural choice. Its zero tax on capital gains, secure environment, and world-class services make it a rare place where people can grow their wealth while also planning ahead.

Dubai Emerges as Top Legacy Hub for African Super Rich

Rohit Bachani, co-founder of Merlin Real Estate, has seen this shift happen firsthand. “African families are not just buying property here. They are planting roots. They are thinking about how and where the next generation will live, grow, and succeed,” he said. The African super rich are choosing Dubai not only for financial strength but for emotional peace. Schools, hospitals, security, and stability, these things now matter just as much as profits.

Dubai as a Second Home, Not Just an Investment

What started as smart investment is slowly turning into something more permanent. For many younger members of Africa’s wealthiest families, Dubai is becoming a place where they see their future a clean, modern city with access to the world, and a lifestyle that feels both global and welcoming.

The African super rich are now investing in turnkey homes, master-planned communities, and long-term ownership models like real estate trusts. These are not just homes they are anchors. They are areas where families can settle, feel safe, and enjoy life without stressing over unstable political or financial systems.

Global Billionaire Wealth Surges with UAE Emerging as a Top Destination for Wealth Transfer 1 Times of Dubai

According to Bachani, this is a drastic shift. “People are not just buying with their heads. They are buying with their hearts. They want a home that fits their values and supports their dreams,” he shared. And Dubai fits. It offers comfort without complication, luxury without stress, and a future without fear. This is what the African super rich are embracing.

Stronger Bonds Between Africa and Dubai

What is even more interesting is that this story flows both ways. As African wealth moves into Dubai, Emirati investors are also looking closely at Africa. Shared interests like agriculture and sustainability are bringing the two regions closer. Africa has the land and resources. Dubai has the capital and vision. Together, they are creating something that is not only smart business but also a smart relationship.

Dubai Emerges as Top Legacy Hub for African Super Rich

This growing connection is not just financial. It reflects shared goals and mutual respect. The African super rich see Dubai not as a getaway, but as a partner as a region that’ll help them grow. Dubai is not just a dream for tourists or a quick stop for investors but for the African super rich, it is becoming a space to breathe, to plan, and to belong.

They are selecting this city not just for what it offers today, but for what it promises tomorrow. In a world full of unpredictable changes, Dubai offers something rare, trust, safety, and a place to grow. And for families thinking not just of wealth, but of legacy, that makes all the difference.

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