According to the 12th Annual World Wealth Report released by Merrill Lynch and Capgemini, the wealth of the world’s high net worth individuals (HNWIs) increased 9.4 per cent to US$40.7 trillion in 2007. The number of HNWIs in the world increased 6 per cent in 2007 to 10.1 million while the number of ultra-HNWIs increased by 8.8 per cent. For the first time in the history of the  Report, the average assets held by HNWIs exceeded US$4 million. In the Middle East, the HNWI population had the highest gains expanding by 15.6 per cent with a 17.5 per cent gain in wealth. The number of HNWI’s in the UAE now stands at 79,000, up from 68,000 in 2006, with a combined total wealth of US$91 billion. |
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Date |
Value of Sales (in AED) |
Value of Sales (in USD) |
31/09/2008 |
201,033,766 |
54,747,758 |
01/09/2008 |
140,752,883 |
38,331,395 |
02/09/2008 |
509,273,266 |
138,690,977 |
03/09/2008 |
109,936,248 |
29,939,065 |
04/09/2008 |
23,252,248* |
6,332,312* |
Total |
984,248,411 |
268,041,507 |
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(Source : Dubai Land Department *Figures apply to transactions registered with Dubai Land Department till 12.00 pm on Sep 04, 2008) |
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