Middle East Family Office Sector Poised to Grow by $500 Billion by 2030 as Charles Park and AES International Launch Dubai Partnership

Real Estate

Middle East Family Office Sector Poised to Grow by $500 Billion by 2030 as Charles Park and AES International Launch Dubai Partnership

The Middle East’s family office sector is projected to expand by $500 billion by 2030, as global wealth continues to shift toward the region and more ultra-high-net-worth families establish structured advisory platforms, according to data cited from Knight Frank.

Against this backdrop, UK-based multi-family advisory firm Charles Park Family Office has announced a strategic partnership with AES International to establish a Dubai presence and strengthen its private wealth advisory capabilities in the region.

The collaboration is aimed at supporting ultra-high-net-worth families relocating to Dubai, setting up new family offices, or restructuring existing cross-border wealth and governance frameworks.

Focus on ultra-high-net-worth families

The two firms said the alliance combines Charles Park’s experience in multi-jurisdictional family office consulting and governance with AES International’s regional fiduciary infrastructure and advisory footprint across the Middle East, Africa, and Asia.

According to industry figures referenced from Deloitte and Addepar, the number of family offices in the UAE has increased by 31% over the past five years. The UAE is now home to more than 1,300 ultra-high-net-worth individuals with a combined wealth of about $1 trillion, ranking 14th globally. Regional UHNW wealth is projected to grow by 25% over the next five years.

Richard Park, CEO of Charles Park Family Office, said the Middle East is becoming one of the most attractive jurisdictions for globally mobile family offices, citing regulatory development, connectivity, and advisory depth.

He said the partnership is designed to give families access to both international perspective and on-the-ground regional expertise, particularly when dealing with complex transitions, governance design, and cross-border structuring.

Complementary advisory strengths

AES International, founded and led by Sam Instone, has spent more than two decades advising internationally mobile entrepreneurs and families on financial life management and fiduciary standards. The firm describes itself as the region’s only certified investment fiduciary and has increasingly expanded into family office advisory services.

Instone said the partnership aligns with a shared philosophy centered on integrity, long-term stewardship, and values-based advisory relationships, rather than purely structural solutions.

UAE strengthens role as global family office hub

The partners said the move reinforces the UAE’s growing role — especially Dubai — as a global hub for family offices, supported by regulatory frameworks, professional services depth, and international accessibility.

Through the partnership, families will receive coordinated support in selecting and managing advisory networks across legal, fiduciary, investment, and governance domains, with an emphasis on cultural alignment and long-term planning.

Charles Park said the Dubai expansion marks a further step in developing its private wealth advisory pillar through selective, high-quality regional partnerships.