Dubai has come out ahead of cities such as Monaco, New York and London as the destination that appeals most as a place of residence to wealthy individuals.
Research conducted by Scorpio Partnership found that property in Dubai appealed greatly to the mobile wealthy, thanks to the quality of accommodation on offer.
Stephen Wall, director of Scorpio Partnership, told Emirates Business 24/7: "People everywhere know of the developments that are taking place in the city. The growth in the city has been wide and that helps Dubai in outstripping all other cities in the region."
Other cities in the region also have good things to offer, he said, but noted that Dubai stands above them as offering the most complete package.
The mobile wealthy are seen as professionals such as doctors, architects, lawyers and financial services executives, the report indicates.
A total of 11 destinations were ranked in the survey, with each being graded across 11 different criteria relating to their overall attractiveness.