Dubai’s GDP surges 4.7% to reach Dhs122 billion in Q2 2025

Dubai’s economy continued to maintain its strong upward momentum in the first half of 2025, surpassing projections and consolidating its position as a one of the world’s most vibrant and competitive urban economies. The emirate’s GDP grew 4.4 percent to reach Dhs241 billion in the first half of the year. In the second quarter alone, Dubai’s GDP climbed 4.7 per cent to Dhs122 billion.

This high performance was driven by exceptional results across key sectors that continue to underpin Dubai’s sustainable growth and economic resilience.

His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, said: “Dubai’s economic performance reflects the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, whose leadership has created a unique model of sustainable growth defined by innovation, excellence and global competitiveness. This vision continues to create new opportunities for investment, enterprise, and talent, underpinned by long-term planning and forward-looking policies.”

“Each percentage point of growth is also the outcome of strong collaboration between diverse stakeholders, disciplined execution of strategies, and the emirate’s ability to turn global challenges into new possibilities for progress. Further, the high GDP growth in the first half of the year reaffirms the progress of the Dubai Economic Agenda, D33, which continues to translate our vision into measurable results. As we look ahead, we remain committed to advancing initiatives and forging partnerships that further strengthen Dubai’s position as a leading global economic hub,” His Highness added.

The human health and social work activities sector recorded the highest growth, expanding 20 per cent and contributing 1.4 per cent to overall GDP growth. The construction sector also maintained strong momentum, growing 8.5 percent and contributing 6.7 per cent to Dubai’s GDP in H1 2025.

Helal Saeed Almarri, Director-General of the Dubai Department of Economy and Tourism (DET), said: “Dubai’s first-half GDP performance reflects the strong vision and leadership of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. It highlights our city’s ability to continually adapt to shifting global dynamics, while advancing the long-term objectives of the Dubai Economic Agenda, D33. The results also highlight the strength of Dubai’s public-private sector partnerships, which continue to be characterised by shared ambition and strategic alignment.

“Dubai’s economy continues to demonstrate competitiveness, resilience, and agility across its bellwether sectors and new and high growth horizons, consistently attracting investors, entrepreneurs and talent from around the world, while also developing homegrown capabilities and becoming a launchpad for global expansion. As we look ahead, we remain focused on building a future-ready, knowledge-driven economy that sustains momentum and also yields further opportunities for investment and innovation.”

Commenting on the results, Hamad Obaid Al Mansoori, Director General of Digital Dubai, said: “Dubai’s exceptional economic performance in the first half of 2025 underscores the strength, resilience, and dynamism of its economy, demonstrating its ability to adapt to global changes while sustaining long-term competitiveness.

This growth continues to advance the Dubai Economic Agenda (D33), which aims to double the size of the economy within the next decade and position Dubai among the world’s top three urban economies, in line with the emirate’s long-term strategic vision.”

“Guided by our visionary leadership, Dubai has built a solid foundation for sustainable development, strengthening its position as a leading global hub for business and investment. At Digital Dubai, we take pride in driving this journey by accelerating digital transformation, advancing technology adoption across all sectors, and enhancing operational efficiency to ensure sustained growth and reinforce Dubai’s position as a global leader in digital innovation,” he added.

Younus Al Nasser, CEO of the Dubai Data and Statistics Establishment, part of Digital Dubai, stated: “The remarkable outcomes achieved by Dubai’s economy in the first half of 2025 reflect exceptional performance across key sectors and the effective collaboration between government entities and the private sector. This partnership continues to shape a future where Dubai, a city powered by real-time data, leads through innovation, technology, and data-driven decision-making. At the Dubai Data and Statistics Establishment, we remain committed to providing accurate, reliable data and enabling innovative analysis that supports Dubai’s economic competitiveness and strategic goals. The progress we see today is evidence of Dubai’s success in transforming its vision and ambitions into tangible outcomes that positively shape its pre sent and future.”

Hadi Badri, CEO of Dubai Economic Development Corporation (DEDC), the economic development arm of DET, said: “The robust expansion we witnessed – particularly in health, construction, real estate, and financial services – is the direct result of the creation and development of a business ecosystem purpose-built for agility and scale. The H1 growth also reflects the effectiveness of Dubai’s innovation-friendly policies that continue to enhance competitiveness and attract high-value investment. At DEDC, we remain focused on building on this positive trajectory to create new growth pathways with the support of our public and private sector partners. As we enter the next phase, we will capitalise on these gains by broadening economic diversification and further strengthening Dubai’s position among the world’s most dynamic metropolitan economies.”

This sector achieved the highest growth rate in both Q2 and H1 2025, expanding 20 per cent in H1 to reach Dhs3.3 billion, contributing 1.4 per cent to total GDP. In Q2 alone, it grew by 12.8 percent to Dhs1.4 billion, compared to Dhs1.2 billion in the same period of 2024.

The construction sector maintained a remarkable growth, with a value added of Dhs16 billion in H1 2025, contributing 6.7 percent to GDP and recording 8.5 per cent growth year-on-year. In Q2, the sector grew by 14.9 per cent, contributing 6.2 per cent to GDP supported by increased government spending on development projects that boosted economic activity.

The sector expanded 6.4 per cent in Q2 2025, contributing 8.9 percent to GDP with a total value of Dhs10.8 billion. Over the first half of the year, it grew 7 percent, contributing 8.2 per cent to GDP, with a total value added of Dhs19.8 billion, up from Dhs18.5 billion in H1 2024, This growth results from a 40 per cent increase in real estate sales during H1 2025.

This sector recorded 7.7 per cent growth in Q2 2025, reaching Dhs14.2 billion, compared to AED13.2 billion a year earlier, with a contribution of 11.6 per cent to GDP. For H1 2025, it achieved 6.7 percent growth, contributing 12.5 per cent to GDP, with a total value added of Dhs30.2 billion.

The sector grew by 7.4 per cent in Q2 2025, reaching Dhs5.5 billion and contributing 4.5 per cent to GDP. In H1 2025, it expanded 5.3 percent, contributing 4.5 per cent to GDP with a total added value of Dhs10.8 billion, up from Dhs10.2 billion in H1 2024.

In Q2 2025, the sector grew by 6.9 per cent, reaching Dhs3.8 billion, up from Dhs3.5 billion in Q2 2024, contributing 3.1 per cent to GDP. Over H1 2025, it recorded 4.9 per cent growth, contributing 3.6 percent to GDP, with a total value added of Dhs8.7 billion, compared to Dhs8.3 billion last year. This growth aligns with an increase in the number of international visitors, which reached 9.88 million in H1 2025, up 6 per cent compared to the same period last year.

The sector reached Dhs29.9 billion in Q2 2025 growing 4.3 per cent. In H1 2025, it achieved 4.4 per cent growth, contributing 23.8 percent to the GDP and totalling Dhs57.4 billion.

Other sectors collectively recorded 1.8 per cent growth during the first half of 2025. 

The Dubai Data and Statistics Establishment is currently undertaking a recalibration of the GDP time series and other key economic indicators, in line with international standards and the revision policy of the System of National Accounts.

This process leverages newly available, more comprehensive data sources that provide a clearer picture of Dubai’s evolving economic landscape, combining both administrative and field data. These ongoing efforts underscore the Establishment’s dedication to transparency and to improving the accuracy and reliability of statistical data in support of Dubai’s developmental objectives.

WAM