Dubai ranked among global top five in new Tier-1 City Index

09 May 2025 CW Team

Dubai has been ranked fifth among seven leading global cities in a newly launched Tier-1 City Index developed by Driven | Forbes Global Properties. The real estate brokerage released its first report, Dubai on the Verge of Tier-1 City Recognition, at a roundtable in Dubai on May 5. The index benchmarks Dubai against cities like New York, London, Paris, Singapore, Sydney and Hong Kong using 28 indicators, including infrastructure, governance, quality of life, and global appeal. The emirate scored particularly high in infrastructure (2nd), international appeal (3rd), and safety (4th), reflecting its rapid strides toward tier-one global status. Driven’s CEO Abdullah Alajaji said the initiative was aimed at grounding market conversation in data and long-term vision. The findings are aligned with Dubai’s D33 Economic Agenda and the Dubai 2040 Master Plan. The report also notes Dubai's attractive cap rates, maturing pricing phase, and long-term investment potential. Strategic opportunities lie in limited-supply segments like waterfront properties and affordable housing. With institutional capital inflows rising, the report concludes that Dubai is steadily evolving into a mature global real estate hub.

Infrastructure Urban

30 Aug 2025

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