GCC Scope
  • Home
  • Business
  • Economy
  • Politics
  • Security
  • Sport
Reading: Dubai’s GDP Climbs to AED232 Billion With 2.4 Percent Growth in First Quarter
ar ع
GCC ScopeGCC Scope
Font ResizerAa
  • Business
  • Economy
  • Politics
  • Security
  • Sport
Search
  • Home
  • Business
  • Economy
  • Politics
  • Security
  • Sport
GCC Scope > Business > Dubai’s GDP Climbs to AED232 Billion With 2.4 Percent Growth in First Quarter
Business

Dubai’s GDP Climbs to AED232 Billion With 2.4 Percent Growth in First Quarter

NewsDesk
Last updated: July 9, 2026 6:29 am
By
NewsDesk
4 Min Read
Share
Dubai's GDP grows 2.4% to AED232 billion | AI-Generated Image
SHARE

The Dubai Department of Economy and Tourism released the first-quarter data through the Dubai Media Office, showing the 2.4 percent increase from the same period in 2025 after methodological updates aligned with international standards. Growth was propelled by several sectors, with human health and social work activities recording the highest expansion at 17.5 percent. Construction followed with an 8.2 percent rise, contributing 8.1 percent to overall GDP, while electricity, gas, water supply and waste management advanced 8.4 percent.

Figures from the department placed real estate activities 3.1 percent higher than a year earlier, with wholesale and retail trade up 2.6 percent and information and communication expanding 2.7 percent. Financial and insurance activities grew 6.5 percent, and administrative and support services rose 3.6 percent, according to the department’s breakdown. These performances underscore the diversified base that has sustained Dubai’s economy through periods of global uncertainty.

Helal Saeed Almarri, director general of the Dubai Department of Economy and Tourism, said the growth “continues to be anchored in visionary leadership, proactive strategic planning, and a deep-rooted resilience across our key sectors.” Almarri tied the results to the D33 agenda, which aims to position Dubai among the world’s leading cities by 2033. The department’s assessment found that such strategic focus has enabled consistent expansion even as some global economies face headwinds.

Hamad Obaid Al Mansoori, director of statistics and research at the department, detailed how the updated GDP series provides a more accurate reflection of economic activity. The revisions incorporate improved data sources and classifications, Al Mansoori explained in the release. This methodological refinement produced the AED232 billion figure while maintaining comparability with prior periods through revised baselines.

The Central Bank of the UAE has projected national real GDP expansion of 5.3 percent for 2026 overall, with non-oil activities expected to lead at 4.8 percent, building on 5.3 percent non-oil growth recorded in the first quarter of 2025. Dubai’s performance forms a significant component of that national trend, given the emirate’s role in trade, tourism and services. Sector-specific gains in health and utilities align with broader investments in infrastructure and human capital across the federation.

Younus Al Nasser, chief executive of the Dubai Health Authority, highlighted the 17.5 percent surge in health and social work as evidence of expanding capacity and demand. The authority has driven initiatives to enhance medical tourism and local services, which fed into the GDP contribution of 1.5 percent from this sector alone. Such targeted development supports both immediate economic output and longer-term diversification goals.

Hadi Badri, chief executive of Dubai Electricity and Water Authority, connected the 8.4 percent utilities growth to sustained infrastructure upgrades and population increases. The authority’s projects have ensured reliable supply amid rising commercial and residential needs, according to the statement. These advances reinforce the foundational role of utilities in enabling other sectors’ expansion.

CG Capital Secures Over 60 Percent Reservations for InterContinental Branded Residences in Bangkok
Skyro Deploys Revolving Digital Credit Facility Nationwide in Philippine Market
Hong Kong Welcomes Over 10000 Delegates to Third Lions International Convention
Canon Hong Kong Recognises Top Schools for Ink Cartridge Recycling Achievements
First Japanese Listed Equity Strategy Tokenized On-Chain by SBI GAM and DigiFT
Share This Article
Facebook Email Copy Link Print

Popular News

Security

GCC Secretary-General Denounces Iranian Strikes on Kuwaiti Facilities as War Crimes

NewsDesk
By
NewsDesk
August 1, 2026
Kuwaiti Armed Forces Destroy Hostile Drones Detected in National Airspace
Kuwaiti Armed Forces Neutralise Iranian Drones in Consecutive Interceptions
Hamas Ties Gaza Disarmament to Israeli Approval of Trump-brokered Deal
Palestinian Shot in Abdomen During Israeli Settler March in Northern West Bank

More from GCC Scope

Politics

UAE Tightens Money Laundering Enforcement Through 2026 as Penalties Extend to Named Officers

By
NewsDesk
7 Min Read

Second Abu Dhabi Poetry Festival Opens With Interactive Zones to Engage Youth

By
NewsDesk
Politics

Hamas Advances Amendments in Cairo Talks on Gaza Weapons Decommissioning

By
NewsDesk
4 Min Read
Business

Kuwait’s Weight Loss Trend Points to Rising Demand for Body Contouring Surgery

Kuwait Weight Loss Trend and Body Contouring Demand | Kuwait recorded the world's highest per-capita bariatric…

By
NewsDesk
Security

Egypt Confirms Drone Attack at Damietta Port as Authority Reports Uninterrupted Operations

On Thursday, Egypt's cabinet said a preliminary investigation found a drone caused the previous day's fire…

By
NewsDesk
Security

Jordanian Air Defences Destroy Five Iranian Missiles Headed for Kingdom

Jordanian air defence systems intercepted and destroyed five missiles fired from Iran early on July 30,…

By
NewsDesk
Security

Saudi Foreign Ministry Demands Decisive Measures to Safeguard Regional Stability

Saudi Arabia's Ministry of Foreign Affairs on July 29, 2026, called for serious steps to protect…

By
NewsDesk
Security

Kuwaiti Forces Remain on High Alert After Iranian Strike Kills Worker at Northern Facility

Kuwait's Defense Ministry announced on July 30, 2026, that an Iranian attack targeted a building owned…

By
NewsDesk

Categories

  • Business
  • Economy
  • Politics
  • Security
  • Sport

Quick Links

  • About
  • Corrections
  • Editorial Policy
  • Contact
GCC Scope
© 2026 GCC Scope. Published by Peninsula News Group LLC. All rights reserved.
  • Privacy Policy
  • Terms of Use
  • Contact
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?