HNW Residential Buyer Confidence 2026: Dubai Still Leading. London Losing Ground. India's Secondary Cities Accelerating.
The 2026 Troview Intent Residential Buyer Confidence Index surveyed high-net-worth buyers across eight global residential markets. Dubai scores the highest buyer confidence index of any city for the second consecutive year.
240 HNW Buyers Across Eight Cities
The 2026 Troview Intent Residential Buyer Confidence Index surveyed 240 high-net-worth residential buyers and investors across Dubai, London, Singapore, Mumbai, Bengaluru, Miami, Sydney, and New York.
The survey captures purchase intentions, target submarkets, price expectations, and the role of residency or visa programmes in shaping acquisition decisions.
Dubai Leads for the Second Year. India's Secondary Cities Are the Fastest Movers.
Dubai recorded the highest confidence score in the survey for the second straight year, supported by tax advantages, residency programmes, and strong lifestyle positioning.
London posted the sharpest deterioration in confidence, with tax reform and overseas buyer friction materially reducing its attractiveness versus Dubai and Singapore.
London used to be automatic for Indian family offices. Now we model it against Dubai and Singapore for every acquisition. The tax calculation is genuinely different in a way that changes the investment case.
Survey respondent - Principal, Indian Family Office, Mumbai
Hyderabad, Bengaluru, and Pune Record the Fastest Confidence Improvement
Among India-focused respondents, secondary cities posted the strongest improvement in purchase confidence as wealth creation broadens beyond Mumbai.
Buyers increasingly favour cities where they live and work, particularly where return expectations remain more attractive than Mumbai's fully repriced premium districts.
Residency Programmes Are Structurally Changing the Purchase Decision for Gulf Markets
For Dubai-focused buyers, the UAE Golden Visa is no longer a side benefit. It is a major decision factor supporting durable demand.
That makes the residency dynamic a structural feature of the market, not just a cyclical sales lever during strong years.
Buyers Expect Moderate Appreciation. The Speculative Momentum Trade Is Largely Priced Out.
Price growth expectations have normalised across the surveyed markets, with buyers now leaning toward measured medium-term appreciation rather than speculative near-term spikes.
The widest expectation range remains in India's secondary cities, where conviction is improving but the future absorption path is still debated.