The new WTA World No.10 moved up three places from No.13, overtaking Britain's Johanna Konta and becoming the first Ukrainian ever to break into the Top 10.
Speaking after her straight-sets win over Caroline Wozniacki, the 22-year-old said: "It's big relief, because I knew that if I was going to win this match, I would be in the Top 10. There was extra pressure."
Svitolina's rise - the only movement in the Top 10 - is reward for a run of 12 straight victories, which have seen her lift two titles already this year. Her win in Dubai follows success at the Taiwan Open in Taipei and she is now looking to defend her title at the Alya WTA Malaysian Open in Kuala Lumpur, where she is the No.1 seed. Her streak also includes successive Fed Cup wins.
Here are more of the biggest ranking moves this week after Dubai and Budapest:
Timea Babos +6 (No.33 to 27): Hungary's Timea Babos climbed to No.27 thanks to her success at the Hungarian Ladies Open on Sunday. The 23-year-old entered the tournament with an 0-5 win-loss record in 2017, and rediscovered her best tennis to beat Lucie Safarova in a three-set thriller in Budapest and claim her second WTA title.
Wang Qiang +16 (No.76 to 60): China's Wang Qiang continues her steady rise up the rankings, backing up her appearance in the Shenzhen quarterfinals in January with a stunning run to the quarterfinals in Dubai. She posted wins over Jelena Ostapenko and Kristina Mladenovic, two Top 50 players, along the way.
CiCi Bellis +14 (No.70 to 56): 17-year-old CiCi Bellis' dream run to the Dubai quarterfinals - her first ever Premier 5 quarterfinals - have rocketed the American to No.56, her career-highest ranking. Bellis backed up her first round upset of No.17 seed Yulia Putintseva by completing the shock of the tournament over World No.6 Agnieszka Radwanska in the round of 16.
Click here to see the full updated WTA rankings, as of February 27.