Dubai's reputation as a global financial hub is being severely tested by repeated Iranian attacks. Over 260 ballistic missiles and 1,500 drones have struck the UAE since February, forcing major banks to evacuate staff and causing flight cancellations that cripple the city's air traffic. Tens of billions are being poured into cultural districts and innovation zones to attract talent, yet the attacks highlight the city's fundamental vulnerability. The 90% non-national resident demographic, reliant on temporary work permits, faces renewed uncertainty, potentially triggering a mass exodus of high-net-worth expats and skilled professionals crucial to Dubai's financial sector.