Despite ongoing geopolitical tensions in the Middle East, the United Arab Emirates continues to position itself as a major global hub for wealth, investment, and entrepreneurship.
According to a new report by Agility Research and Strategy titled WealthLens UAE 2026, the country remains highly attractive to high-net-worth individuals, even as regional conflicts disrupt trade and economic activity.
The study, based on interviews with 300 wealthy individuals conducted between February and March—during rising tensions between the United States and Iran—reveals strong optimism about the future. Around 80% of respondents believe business conditions will improve once the conflict ends.
That optimism gained some support recently, as the US and Iran agreed to a temporary ceasefire, including reopening the Strait of Hormuz, a crucial route for global oil shipments.
When it comes to wealth strategy, investors in the UAE are still heavily focused on equities, along with local real estate and cash reserves. However, diversification is increasing, especially through alternative investments and safe-haven assets like gold.
Gold remains particularly popular. Even before the conflict, more than half of wealthy individuals in the UAE owned gold in different forms—whether jewelry, exchange-traded funds, or physical bars and coins. For ultra-wealthy investors, concerns about currency depreciation and advice from financial experts have further strengthened their interest in gold.
The report also notes that wealthy individuals tend to move their assets strategically depending on global conditions. However, once stability returns, much of that wealth is expected to flow back into the UAE.
Recent conflict has taken a toll on the region, especially in Dubai, a key commercial and tourism hub. The city has seen an outflow of wealthy expatriates and a sharp drop in tourism following military escalations involving Iran.
Still, the overall outlook remains positive. As tensions ease and stability improves, the UAE is expected to regain momentum as a leading destination for global wealth and investment.