New Delhi, July 9 -- As Indianultra-high-net-worth individuals (UHNWIs) consider how to structure their wealth across geographies,Dubai is increasingly being evaluated as part of that equation. For some, it has become more than a financial jurisdiction, serving broader lifestyle, operational, and succession-related needs. This transition, while gradual, has been shaped by evolving preferences aroundresidency, regulatory clarity, and proximity to global markets.

Mr. Rohit Nanani, who heads InCred Global Wealth's Dubai business, reflects on how the city's appeal began to shift during the pandemic. Families that relocated temporarily during COVID-19 found Dubai's systems, infrastructure, and mobility to be conducive not just for a few month...