This Middle Eastern nation is luring affluent SA buyers

Wealthy South African property buyers are increasingly investing in real estate in the United Arab Emirates (UAE), attracted by the region’s economic stability, high returns, and quality of life.

According to BusinessTech, many are choosing Dubai as their preferred destination for investment, retirement, and relocation.

This shift comes as South Africans grow more concerned about the country’s economic instability, rising crime, and uncertain future.

Dubai-or-not-Dubai? Arab city draws property buyers from SA

Nombasa Mawela, licensee for Seeff Dubai, said that these high-net-worth South Africans are turning to offshore property not only to diversify their assets but also as a hedge against currency volatility.

“Dubai offers an appealing combination of factors, which include strong capital appreciation, solid rental yields, and attractive payment plans,” Mawela said, as per BusinessTech.

“This is especially important in a global climate where people are looking for financial stability and return on investment.” she added.

Dubai continues to attract investors thanks to the UAE’s strong reputation for safety and stability. The 2025 Global Peace Index, published by the Institute for Economics and Peace, ranked the UAE 52nd globally with a score of 1.812—making it one of the most peaceful nations in the Middle East.

Investors are focusing on properties priced between AED 1 and 3 million (approximately R4 million to R12 million), with apartments and townhouses proving most popular.

Buyers are drawn not only by the potential for capital appreciation but also by strong rental income opportunities, driven by Dubai’s expanding expat population and booming tourism sector.

Andrew Golding, CEO of Pam Golding Property Group, noted that Dubai has established itself as a global real estate investment hub and now ranks among the world’s top five luxury residential markets.