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Dubai – Dubai’s Economy Records AED119.7 Billion GDP in Q1 2025, Up 4% Year-on-Year

Dubai’s Economy Records

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Dubai’s economy continues its growth momentum, recording a Gross Domestic Product (GDP) of AED119.7 billion in the first quarter of 2025 — a 4 percent increase compared to the same period in 2024. This achievement highlights the emirate’s sustained resilience, diversified economic structure, and its ability to adapt in a dynamic global landscape.

According to the Dubai Data and Statistics Establishment at Digital Dubai, the robust performance was powered by growth across multiple strategic sectors. The Human Health and Social Work sector led the surge, posting an impressive 26 percent growth, reaching AED1.9 billion and contributing 0.3 percentage points to overall GDP growth.

The Real Estate sector, a vital driver of Dubai’s economy, expanded by 7.8 percent, reaching AED9 billion and accounting for 7.5 percent of total GDP. The Financial and Insurance sector also posted strong results, growing 5.9 percent to AED16 billion and contributing 13.4 percent of the economy. Meanwhile, the Accommodation and Food Services sector rose by 3.4 percent to AED4.9 billion, while Information and Telecommunications expanded by 3.2 percent, reaching AED5.3 billion.

Other key contributors included Wholesale and Retail Trade, which remains the largest sector with AED27.5 billion, representing 23 percent of the economy, and the Manufacturing sector, which grew by 3.3 percent to AED8.7 billion. The Transport and Storage sector also recorded a 2 percent increase, reaching AED15.7 billion, largely driven by Dubai’s global air transport hub.

Reflecting on the results, Younus Al Nasser, CEO of the Dubai Data and Statistics Establishment, emphasized the importance of accurate data in shaping policies and enabling innovation. He noted that the ongoing transformation of Dubai’s economic reporting framework will further enhance the quality of insights available to stakeholders.

Hadi Badri, CEO of the Dubai Economic Development Corporation, added that the performance underscores Dubai’s progress towards the ambitious Dubai Economic Agenda D33, which aims to double the size of the economy over the next decade. “Through strategic initiatives, global partnerships, and innovation-driven growth, Dubai is unlocking new opportunities and turning ideas into scalable successes,” he said.

This positive momentum follows Dubai’s strong economic results in 2024, when GDP at current prices reached AED541 billion, reflecting a 5.8 percent annual growth. With strategic sectors continuing to expand, Dubai is on track to achieve its vision of sustainable, diversified, and innovation-led economic development.