First Quarter | 2024

While much of the world grapples with falling birth rates, Dubai continues to grow. In this commentary, we explore why Dubai’s unique reliance on expatriates positions it for strong population growth in the decades ahead. We examine global fertility trends, the drivers behind Dubai’s demographic strategy, and the roles that India and China may play in shaping the city’s future. If Dubai’s population growth outpaces government forecasts, the investment implications could be significant.