Dubai’s DMCC, the leading international business district, has launched the DMCC Wealth Hub, a new dedicated ecosystem designed to support the rapidly growing number of family offices, private investors, and wealth management firms operating in the emirate. The initiative was inaugurated in the presence of senior officials from the UAE Ministries of Investment and Economy, signaling strong government backing for the project.
Tapping into a $1 Trillion Market
The launch of the Wealth Hub is a strategic move to cater to Dubai’s burgeoning private wealth sector, with family offices in the city estimated to control over $1 trillion in assets under management (AUM). The new hub aims to provide a structured environment to manage and grow this capital, further cementing Dubai’s position as one of the world’s fastest-growing destinations for private wealth.
A Comprehensive Ecosystem for Wealth Management
The DMCC Wealth Hub will serve as a single entry point into Dubai’s private capital landscape, offering a suite of tailored services and solutions. This includes specialized licenses for Single and Multi-Family Offices, Special Purpose Vehicles (SPVs), and Holding Companies. Members will also gain direct access to a network of legal, tax, and succession planning experts, as well as integration with DMCC’s Tradeflow platform for secure asset registration and financing.
Bridging Private Capital and Tech Innovation
A key advantage of the Wealth Hub is its integration within the broader DMCC ecosystem, which is home to nearly 3,400 technology companies, including almost 1,000 Web3 firms. This unique positioning will connect family offices and private investors with a curated pipeline of investment opportunities in high-growth sectors like AI, fintech, and digital assets, bridging the gap between traditional wealth and emerging technologies.
About DMCC
DMCC is a leading international business district and free zone that drives the flow of global trade through Dubai. It provides the physical, market, and financial infrastructure required to establish and operate a thriving business. Home to more than 25,000 companies, from startups to large corporations, DMCC is the preferred location for businesses looking to access the world’s fastest-growing markets.
Source: Zawya
