Dubai’s Dubai GDP growth reached 2.4 per cent in the first quarter of 2026, with the economy expanding to AED232 billion on the back of strong performances across key sectors.
DUBAI: Dubai’s economy continued to build on its strong momentum in 2026, with Dubai GDP growth reaching 2.4 per cent in the first quarter as the emirate’s economy expanded to AED232 billion. The latest figures highlight the resilience of Dubai’s diversified economy despite ongoing global economic uncertainty.
Healthcare and social work recorded the fastest growth of any sector, expanding 17.5 per cent, followed by electricity, gas, water and waste management at 8.4 per cent. Construction also posted strong growth of 8.2 per cent, reflecting continued investment in infrastructure and development projects across the emirate.
Wholesale and retail trade remained Dubai’s biggest economic contributor, accounting for 22 per cent of GDP, while financial and insurance activities grew 6.5 per cent to contribute 14 per cent of the economy. Real estate also maintained steady momentum, expanding 3.1 per cent, while information and communication services grew 2.7 per cent.
Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism, said the results reflected the emirate’s long-term strategy of building a resilient and competitive economy. He added that strong collaboration between the public and private sectors, together with investor confidence, continues to support Dubai’s ambitions under the Dubai Economic Agenda D33.
Digital Dubai also highlighted the growing role of data, technology and government innovation in strengthening economic performance and supporting evidence-based decision-making. Officials said continued investment in digital transformation is helping improve productivity, attract investment and create new opportunities for businesses.
The latest Dubai GDP growth figures reinforce the emirate’s position as one of the region’s strongest economic performers. With sustained investment, a business-friendly environment and continued diversification across major industries, Dubai remains on track to strengthen its position as a leading global hub for trade, finance, innovation and investment in the years ahead.
