Dubai Attracts Surging Number of British Investors as New UK Tax Rises Take Hold
Dubai, UAE - Thursday 27th November - The UK Government’s Chancellor of the Exchequer, Rachel Reeves, has unveiled a £26bn tax-raising budget that directly targets the UK’s highest earners, marking one of the most aggressive tax shifts in recent years.
The new measures include significant increases on rental income, dividends, and savings returns, pushing many of Britain’s wealthiest individuals, business owners, and investors to consider relocating their assets and residency abroad. As a result, Dubai is emerging as the leading destination for UK high-net-worth individuals seeking stability, low taxation, and a pro-growth environment. There is a clear difference investing in Dubai as a landlord: you are protected, your money is secure, and you are not taxed on your rental income or profits.
Dubai had already witnessed a strong upward trend in British interest throughout 2024 and 2025, but industry experts now predict an even sharper wave of wealth migration triggered by the UK’s latest fiscal changes. Many wealthy Britons are already facing a historically high tax burden and now view the new budget as the tipping point.
Recent data reflects the momentum: Dubai’s population grew by more than 5% in the past year, adding over 200,000 new residents, with hundreds more arriving each day. Business activity is accelerating as well, with major company formation groups reporting up to 600 new businesses established per month, while the Dubai Chamber of Commerce recorded a 4% year-on-year increase in new company registrations in the first half of 2025. This highlights growing confidence from global entrepreneurs, particularly those exiting high-tax jurisdictions like the UK.
“The UK’s latest budget has triggered a noticeable behavioural shift among British investors,” says Lewis Allsopp, Chairman of Allsopp & Allsopp. “With the UK now increasing taxes on landlords, dividends, and even personal savings, we’re seeing far more British investors looking at Dubai as a long-term base. The trend started months ago, but the latest budget from Rachel Reeves has accelerated it dramatically.”
Allsopp & Allsopp’s internal data shows clear evidence of this shift. In October 2025, the company recorded a 29% rise in sales transactions compared to October 2024, alongside an impressive 112% year-on-year increase in property sales above AED 10 million. These figures signal a significant influx of high-net-worth buyers, many of whom are British nationals seeking a more supportive environment for their families, businesses, and wealth creation.
“The UK seems focused on how much more it can take from individuals than aiding them,” Lewis adds. “Dubai and the UAE focus on how they can help people and businesses thrive. That’s why so many British families and entrepreneurs are choosing to relocate their lives, their companies, and their assets here.”
Dubai’s rise as a global wealth hub is underpinned by its tax-efficient structure, political stability, safety, and world-class infrastructure. As the UK increases its tax pressure on affluent individuals, Dubai is positioning itself as the preferred home for long-term financial growth and opportunity.
Dubai isn’t just attracting people, it's becoming a global platform for building the future. For families, for businesses, and for wealth creation, Dubai is increasingly becoming the natural choice. Allsopp & Allsopp notes that both population growth and business formation in Dubai reflect a wider international movement: a rebalancing of global wealth away from high-tax economies and toward jurisdictions that reward ambition.
Ready to explore relocating to Dubai or start building your tax-free property portfolio? Get in touch with our team today for expert guidance and advice.
About Allsopp & Allsopp
Allsopp & Allsopp is Dubai’s highest-awarded independent real estate agency. Founded in 2008 by Lewis Allsopp (Chairman) and Carl Allsopp (CEO), the company is recognised for its innovative, transparent approach to real estate, using data-driven tools and expert insights to help clients make informed property decisions.
For media enquiries, please contact:
Emily Bates, PR & Communications Manager +971 58 598 6637