GDP Hits Dh355 Billion, Growing 4.7% by 2025

GDP Hits Dh355 Billion, Growing 4.7% by 2025

The growth of key sectors in Dubai’s economy illustrates the resilience and adaptability of its market. With substantial contributions from real estate and tourism, the city is moving towards a diversified and robust economic framework. In light of recent reports, we delve into the statistics that signify ongoing progress and sustainable development across various industries.

The Steady Rise of Real Estate and Technology

Dubai’s real estate sector has experienced a notable growth rate of 6.7%, representing an 8.2% contribution to the Gross Domestic Product (GDP) with a value of Dh29.1 billion. The quarterly growth of 6% has been largely driven by the sustained demand for both residential and commercial properties. This ongoing momentum reflects not just local investments but also international interest in Dubai’s real estate offerings.

On the technological front, the information and communications sector reported an impressive increase of 4.8%, reaching Dh16.6 billion and accounting for 4.7% of GDP. This growth aligns well with Dubai’s strategic initiative to foster a digital economy. According to Hamad Obaid Al Mansoori, Director General of Digital Dubai, these positive trends signify a diversified economic foundation, greatly influenced by investments in human resources and technology. He emphasized that proactive policies are set in place to convert global shifts into growth opportunities, reinforcing the economic landscape.

Tourism Sector Benefits from Increased Visitor Numbers

The hospitality and food services industries have seen a robust growth of 4.7%, amounting to Dh12 billion. This surge is closely linked to a significant rise in tourism, with Dubai welcoming approximately 13.95 million international guests during the first nine months of 2025, marking a 5% year-over-year increase. The tourism sector not only underscores the city’s allure to global travelers but also reflects the expanding accommodation and dining capabilities within the market.

Wholesale and retail trade remains a dominant force in Dubai’s economy, being the most substantial contributor to GDP at Dh86.9 billion, accompanied by a growth rate of 4.6%. By the third quarter, this sector accounted for nearly 26% of the entire economy, underscoring its pivotal role in driving economic stability and prosperity.

Conclusion: A Holistic View of Economic Growth

Dubai’s economic indicators are shining examples of resilience and strategic planning. The interconnected growth of real estate, technology, and tourism signifies a holistic approach to economic development. As the city continues to embrace innovation and diversify its offerings, it earns its ranking as a burgeoning hub for business and tourism.

In conclusion, the current trends in Dubai’s economy demonstrate a positive outlook characterized by steady growth across multiple sectors. As investments in both traditional and digital industries expand, the comprehensive strategies being undertaken serve to position Dubai not just as a local powerhouse but also as a formidable player on the global stage. The commitment to growth, adaptability, and resilience indicates a bright future for the Emirate, inspiring businesses and investors alike.