ResearchMoz

UAE 2013 Wealth Book

WealthInsight
Published Date » 2013-10-18
No. Of Pages » 99
   
  Synopsis  
   
 
 
 This report is the result of WealthInsight’s extensive research covering the high net worth individual (HNWI) population and wealth management market in the UAE. 
 The report focuses on HNWI performance between the end of 2007 (the peak before the global financial crisis) and the end of 2012. This enables us to determine how well the country’s HNWIs have performed through the crisis. 
 
 
   
  Executive summary  
   
 There were 48,300 HNWIs and 625 UHNWIs in the UAE in 2012. This report reviews the performance and asset allocations of HNWIs and Ultra HNWIs in the UAE and highlights top-performing cities. It also includes an evaluation of the local wealth management market. 
   
  Scope  
   
 
 
 Independent market sizing of UAE...
Table of contents

1 Introduction
1.1 Details of this Report
1.2 Definitions

2 Executive Summary

3 Wealth Sector Fundamentals
3.1 Political Background
3.2 Economic Background
3.3 Benchmarking the UAE Wealth in Context
3.3.1 World statistics
3.3.2 Distribution of wealth in the UAE
3.4 HNWI Volume and Wealth Trends

4 Findings from the WealthInsight HNWI Database
4.1 Trends in HNWI Wealth to 2017
4.1.1 HNWI trend analysis
4.1.2 Trends of the wealth bands
4.1.3 Demographic breakdown of HNWI
4.2 UHNWIs
4.2.1 UHNWI volume trend analysis
4.2.2 UHNWI wealth trend analysis
4.2.3 Demographic breakdown of UHNWIs
4.2.4 UHNWIs – sector breakdown
4.2.5 UHNWIs – breakdown by Emirate
4.2.6 UHNWIs – Wealthy Suburbs
4.2.7 UHNWIs – Emirate population densities
4.3 UHNWIs – Billionaires
4.3.1 Billionaire volume trend analysis
4.3.2 Billionaire wealth trend analysis
4.3.3 Billionaire per capita net worth trend analysis
4.3.4 List of billionaires
4.4 UHNWIs – Centimillionaires
4.4.1 Centimillionaire volume trend analysis
4.4.2 Centimillionaire wealth trend analysis
4.4.3 Centimillionaire per capita net worth trend analysis
4.5 UHNWIs – Affluent Millionaires
4.5.1 Affluent millionaire volume trend analysis
4.5.2 Affluent millionaire wealth trend analysis
4.5.3 Affluent millionaire per capita net worth trend analysis
4.6 Core HNWIs
4.6.1 Core HNWI volume trend analysis
4.7 Core HNWIs – Mid-Tier Millionaires
4.7.1 Mid-tier millionaire volume trend analysis
4.7.2 Mid-tier millionaire wealth trend analysis
4.7.3 Mid-tier millionaire per capita net worth trend analysis
4.8 Core HNWIs – Lower-Tier Millionaires
4.8.1 Lower-tier millionaire volume trend analysis
4.8.2 Lower-tier millionaire wealth trend analysis
4.8.3 Lower-tier millionaire per capita net worth trend analysis

5 Analysis of UAE HNWI Investments
5.1 Analysis by Asset Classes
5.1.1 Trends in alternative assets
5.1.2 Trends in “art, wine and wheels”
5.1.3 Trends of investments in real estate
5.1.4 Trends of investments in cash and deposits
5.1.5 Trends of investments in fixed income
5.1.6 Trends of investments in equity
5.1.7 Trends of investments in business interests
5.2 Analysis of Foreign Investments
5.2.1 Investments in Europe
5.2.2 Investments in the rest of the Middle East (including Turkey and Egypt)
5.2.3 Investments in Asia-Pacific
5.3 Alternative Breakdown: Liquid vs. Investable Assets
5.4 Analysis of Local UHNWI Investments

6 Competitive Landscape of the Wealth Sector
6.1 Competitive Landscape
6.1.1 Private banks
6.1.2 Wealth managers
6.1.3 Family Offices
6.1.4 Offshore wealth
6.1.5 Saturation by emirate
6.1.6 Recent developments
6.2 Wealth Management Industry – Clientele Model and Maturity
6.3 Behavioral Mapping of Wealth Management and Private Banking Industry in the UAE
6.3.1 Financial Advisors
6.4 Pension Fund Industry
6.5 Middle Eastern Private Banking

7 Appendix
7.1 Property Regulations
7.2 Regulations on Taxes
7.3 Economic Indicators
7.3.1 LC to US$ exchange rate
7.3.2 Real GDP growth
7.3.3 Per capita GDP
7.3.4 Domestic market capitalization
7.3.5 Commodity index
7.3.6 Inflation rate
7.3.7 Interest rate
7.3.8 Balance of payments
7.3.9 Stock market performance
7.4 Wealth Breakdowns

8 About WealthInsight

List of Tables


Table 1: HNWI Wealth Band and Group Definition
Table 2: The UAE: Emirates by population, 201
Table 3: The UAE: HNWIs – Volume Distribution Wealth Pyramid, 2012
Table 4: The UAE: HNWIs – Wealth Distribution Wealth Pyramid, 2012
Table 5: The UAE: UHNWI – Gender, 2012
Table 6: The UAE: UHNWI – Source of Wealth (%), 2012
Table 7: The UAE: UHNWIs by sector, 2012 25
Table 8: The UAE: UHNWIs – Top Emirates, 2012
Table 9: The UAE: UHNWIs – Top Suburbs, 2012
Table 10: The UAE: UHNWIs – Population Density in Top Emirates, 2012
Table 11: The UAE: Billionaires – Market Overview (US$ Billion) 2007–2017
Table 12: The UAE: Top Billionaires (US$ Billion), 2012
Table 13: The UAE: Sheikh Billionaires, 2012
Table 14: The UAE: Centimillionaires – Market Overview, 2007–2017
Table 15: The UAE: Affluent Millionaires – Market Overview, 2007–2017
Table 16: The UAE: Mid-Tier Millionaires – Market Overview, 2007–2017
Table 17: The UAE: Lower-Tier Millionaires – Market Overview, 2007–2017
Table 18: The UAE: Allocations of HNWI Assets (%), 2007−2017
Table 19: The UAE: HNWIs − Holdings Growth (%), 2007–2017
Table 20: The UAE: Allocations of HNWI Assets (US$ billion), 2007−2017
Table 21: The UAE: HNWIs – Trends of Investments in Alternative Assets (%), 2007–2017
Table 22: The UAE: HNWIs – Alternative Asset Composition (%), 2007–2017
Table 23: Global: Trends in “Art, Wine and Wheels”, 2007–2012
Table 24: The UAE: Residential Real Estate Price Performance, 2007 - 2013
Table 25: Global: Prime Residential Real Estate Prices (US$ per square meter), 2012
Table 26: The UAE: Dubai Office Demand by Sector, 2Q 2013
Table 27: Global: Prime International Cities Performance (%), 2007–2013
Table 28: The UAE: HNWIs –Foreign investment allocations per asset class (%), 2007–2017
Table 29: The UAE: HNWIs – Liquidity Breakdown (%), 2007–2017
Table 30: The UAE: HNWIs – Liquidity Breakdown (US$ Billion), 2007–2017
Table 31: The UAE: UHNWIs – Allocations and Share of HNWI Assets (%), 2012
Table 32: The UAE: Major Private Banks ranked by local AuM (US$ Billion), 2012
Table 33: The UAE: The UAE: Local Private Banks, 2012
Table 34: The UAE: The UAE: Foreign Private Banks with offices in the UAE, 2012
Table 35: The UAE: Wealth Managers, 2012
Table 36: The UAE: Family Offices, 2012
Table 37: The UAE: Wealth Managers per Emirate, 2012
Table 38: The UAE: Financial Advisors, 2012
Table 39: Middle East: Major Private Banks based outside the UAE (US$ Billion), 2012
Table 40: The UAE: LC to US$ Exchange Rate, 2007–2017
Table 41: The UAE: Real GDP Growth (%), 2007–2017
Table 42: The UAE: GDP Per Capita, 2007–2017
Table 43: The UAE: Domestic Market Capitalization (US$ Billion), 2007–2012
Table 44: Global: Commodity Indices, 2007–2017
Table 45: The UAE: Inflation Rate, 2007–2017
Table 46: The UAE: Benchmark Interest Rate, 2007–2017
Table 47: The UAE: Balance of Payments (US$ Billion), 2007–2012
Table 48: The UAE: Stock Market Performance, 2007–2012
Table 49: The UAE: HNWI Wealth vs GDP Ratio (%), 2007–2017
Table 50: The UAE: Appendix 1
Table 51: The UAE: Appendix 2

List of Figures


Figure 1: HNWI Wealth Band Definitions
Figure 2: Map of the UAE
Figure 3: The UAE: Asset Price Performance (%), 2007–2012
Figure 4: The UAE: HNWI Performance, 2007–2017
Figure 5: The UAE: Local HNWIs vs the World
Figure 6: The UAE: HNWIs – Growth Factor Correlation, 2007–2012
Figure 7: The UAE: HNWIs – Volume Distribution Wealth Pyramid, 2012
Figure 8: The UAE: HNWIs – Wealth Distribution Wealth Pyramid (% share), 2012
Figure 9: The UAE: HNWIs – Age Distribution (%), 2012
Figure 10: The UAE: UHNWIs – Wealth vs Volume Growth (%), 2007–2012
Figure 11: The UAE: UHNWIs – Volume by Wealth Band, 2007–2017
Figure 12: The UAE: UHNWIs – Wealth by Wealth Band (US$ Billion), 2007–2017
Figure 13: The UAE: UHNWIs – Age Distribution (% Share), 2012
Figure 14: The UAE: Billionaires – Market Overview, 2007–2017
Figure 15: The UAE: Centimillionaires – Market Overview, 2007–2017
Figure 16: The UAE: Affluent Millionaires – Market Overview, 2007–2017
Figure 17: The UAE: Mid-Tier Millionaires – Market Overview, 2007–2017
Figure 18: The UAE: Lower-Tier Millionaires – Market Overview, 2007–2017
Figure 19: The UAE: HNWIs – Asset Class Composition (%), 2007–2017
Figure 20: The UAE: HNWIs – Trends in Alternative Assets (US$ Billion), 2007–2017
Figure 21: Global: Trends in “Art, Wine and Wheels”, 2007–2012
Figure 22: The UAE: HNWIs – Foreign Investment Allocation and Growth (%), 2012–2017
Figure 23: The UAE: HNWIs – Geographical Distribution of Foreign Investments (%), 2007–2017
Figure 24: The UAE: HNWIs – Liquidity Breakdown (%), 2007–2017
Figure 25: The UAE: UHNWIs – Asset Class Composition (%), 2007–2017
Figure 26: The UAE: Wealth Management Industry Pyramid
Figure 27: The UAE: Behavioral Mapping of HNWIs, 2012
Figure 28: The UAE: LC to US$ Exchange Rate, 2007–2017
Figure 29: The UAE: Real GDP Growth (%), 2007–2017
Figure 30: The UAE: GDP Per Capita, 2007–2017
Figure 31: The UAE: Domestic Market Capitalization (US$ Billion), 2007–2011
Figure 32: Global: Commodity Indices, 2007–2017
Figure 33: The UAE: Inflation Rate, 2007–2017
Figure 34: The UAE: Benchmark Interest Rate, 2007–2017
Figure 35: The UAE: Balance of Payments (US$ Billion), 2007–2012
Figure 36: The UAE: Stock Market Performance, 2007–2012
Figure 37: The UAE: HNWI Wealth vs GDP Ratio (%), 2007–2017
Figure 38: The UAE: HNWIs – Volume by Wealth Band, 2007–2017
Figure 39: The UAE: HNWIs – Wealth by Wealth Band (US$ Billion), 2007–2017
Figure 40: The UAE: HNWIs – Wealth per Capita (US$ Billion), 2007–2017

Upcoming Reports:

Marine Coatings Market - Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth And Forecast, 2012 - 2018
By - Transparency Market Research
Marine coatings are applied in military and commercial ships in offshore oil rigs, yachts, and in boats. It is expected that the marine coatings market will witness a double digit growth rate in the next six years owing to higher demand for reducing fuel consumption of ships and the eco-friendly nature of coatings. A specific area of marine yachts and vessels requires specialty marine coatings to prevent fouling above and below the waterline areas. For the last 40 years organotin tributyltin (TBT) compounds were used as active ingredients in antifouling coatings but it is completely...
Global Contrast Media/Contrast Agents Market - Global Industry Analysis, Size, Growth, Share, and Forecast, 2012 - 2018
By - Transparency Market Research
Contrast media or contrast agents provide better images of anatomical structures since they increase the image contrast, thus providing better images of body structures and organs. These agents are helpful in providing better visualization of body structures during several medical procedures such as computed tomography (CT), X-ray, catheterization laboratory (cath lab), and ultrasound and magnetic resonance imaging (MRI). North America accounts for the highest share in global contrast media/ contrast agents market followed by Europe. The reason for North America and Europe...
Poland: electric storage heating radiators market
By - Williams and Marshal Strategy
This report presents a comprehensive overview of the electric storage heating radiators market in Poland and its state as of January 2014. It provides detailed analysis of the industry, its dynamics and structure. The purpose of the report is to describe the state of the electric storage heating radiators market in Poland, to present actual and retrospective information about the volumes and dynamics of production, imports, exports and consumption, the characteristics of the market for the period 2008-2012 and to build a forecast for the market development until 2018. In the same way, the...

Research Assistance

We will be happy to help you find what you need.
Please call us or write us:

866-997-4948 (Us-Canada Toll Free)
Tel: +1-518-618-1030
Email: sales@researchmoz.us
Select License type:

Share this report

Related News

A Health Tech Incubator Started by GE Healthcare
Oct 30, 2014  
For the very first time, a health tech start up campus has been established by GE Healthcare at its headquarters at Helsinki, Finland. This area already has about twenty such healthcare start ups that are working on cloud services, wireless technologies, apps, and sensors that aim at improving healthcare. The main rationale behind such a step is providing opportunities for further...
Net Earnings of DuPont Increases 52% despite Agricultural Turmoil
Oct 29, 2014  
DuPont - The Wilmington, Del-based leading chemical company faced decline of three percent sales to $7.5 billion in the quarter ending of September 30. The company’s third-quarter earnings were increased by 52 percent to $433 million albeit the slow global growth and agricultural downside.   The company witnessed the biggest drags from chemical sales with eight percent...
Appeal for Sanitization in Construction Industry through Government Regulations: CIOB Ghana
Oct 29, 2014  
Rockson Dogbegah - The Chairman of the Chartered Institute of Building Ghana commented that the construction industry needs a thorough cleaning up and assurance of proper growth. Mr. Dogbegah also said that a few factors are extremely important for a proper development in the construction industry. These include keen adherence to standards, supreme sense of professionalism, and sheer pursuance...
Facebook Hints of Rise in Expenses in 2015, Shares Drop
Oct 29, 2014  
Facebook has announced on Tuesday that it is prepping for a dramatic rise in spending in the year 2015. This warning has come combined with a projected slowdown in the company’s revenues after revenues were analyzed at the end of the third quarter of the year. The plans of such hefty spending in the next financial year by the company are indicative of stress in the investor...
Samsung Records Poorest Profits in Q3 2014
Oct 29, 2014  
In the quarter ending September 2014, Samsung Electronics Co. Ltd registered the smallest earnings ever in two years. The drop in earnings can be easily attributed to heavy competition from new Chinese devices and the Apple phones. The net income stood at US$4 billion for the South Korea-based company. Apple has been Samsung’s strongest contender ever since the latter entered the...