Dubai has made a significant leap to become the 7th most expensive city globally in Julius Baer’s 2025 Global Wealth and Lifestyle Report, showcasing its appeal to high-net-worth individuals. The city’s luxury property and car markets have seen notable price surges, while everyday items maintain relatively low inflation rates. While Dubai continues to attract the global elite with its tax-free incentives and top-notch infrastructure, there are growing concerns among middle-income expatriates due to the rising cost of living.