Dubai and Abu Dhabi: Why the UAE Attracts the World's Best Professionals

The world is changing, and with it, the centers of attraction for talented professionals. It is no surprise that in the Decoding Global Talent 2024 ranking by Boston Consulting Group, based on a survey of 150,000 people from 188 countries, Dubai and Abu Dhabi took the honorable 3rd and 4th places respectively among the best cities to work.

This impressive result is not a coincidence, but a consequence of the UAE’s well-thought-out policy, which creates a favorable environment for the life and career of foreign specialists. What makes the UAE such an attractive place to work? The answer lies in a combination of factors:

1. Rapid economic growth and a variety of opportunities: The UAE is constantly evolving, diversifying its economy and creating new industries. This opens up a wide range of career opportunities for professionals, from high-tech sectors to financial services and tourism. A dynamic economy guarantees not only a stable income, but also prospects for professional development and the implementation of ambitious projects.

2. Favorable tax climate: The absence of income tax is one of the main magnets for highly qualified specialists from all over the world. This allows for a significant increase in net income and contributes to the accumulation of capital.

3. High standard of living: The UAE offers comfortable living conditions with developed infrastructure, modern medicine, first-class education and a rich cultural program. From luxury hotels and restaurants to modern shopping centers and magnificent beaches - there is everything for a comfortable stay.

4. International environment: The UAE is a truly cosmopolitan center, where a large number of expats from different countries live. This creates a unique and tolerant atmosphere, where it is easy to adapt and find like-minded people. The number of expats in the country has reached 11.06 million people (88.5% of the total population), which demonstrates the scale of the Emirates' attractiveness for foreigners. For comparison, in 2010 there were 7.3 million - an increase of 51.5% over 14 years!

5. Investment attractiveness: The constant influx of foreign specialists creates a growing demand for housing, which makes investing in UAE real estate a profitable option for passive income. Many investors choose this region, understanding the potential for growth in rental and sale prices of real estate.

Dubai and Abu Dhabi’s high positions in the ranking of the best cities to work are not just statistical figures. They are a testament to the UAE’s successful policies that attract talent from all over the world, stimulating economic growth and creating a prosperous society.

With its dynamic development and commitment to innovation, it is safe to say that the UAE will continue to gain leading positions in the global race to attract the best specialists, maintaining its status as an attractive place to live and work.

This rapid growth leaves its mark on the real estate market, turning investments in UAE real estate into a promising investment.

Contact us and we will promptly select investment-attractive hotel apartments in Dubai and Abu Dhabi for your budget and show you specific calculations of their profitability!