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Dubai’s GDP Rises 4.7% in Q2 2025 as Economy Broadens Growth Across Key Sectors

Dubai’s GDP Rises 4.7% in Q2 2025 as Economy Broadens Growth Across Key Sectors

Dubai’s economy continued its strong upward trajectory in the first half of 2025, with gross domestic product rising 4.4% to AED 241 billion. In the second quarter alone, the emirate’s GDP increased 4.7%, reaching AED 122 billion, according to official data.

Growth was broad-based, led by human health and social work activities, which expanded 20% in the first half of the year, contributing 1.4% to GDP. The construction sector added AED 16 billion in value, growing 8.5% year-on-year and accounting for 6.7% of the emirate’s GDP. Real estate activity rose 7% in H1, financial and insurance services grew 6.7%, and information and communications expanded 5.3%. Accommodation and food services increased 4.9%, aligned with a 6% rise in international visitors to 9.88 million. Wholesale and retail trade, the largest sector, contributed AED 57.4 billion to GDP, up 4.4%. Other sectors collectively grew 1.8%.

Dubai’s leadership attributed the performance to long-term planning, strategic public-private collaboration, and policies fostering innovation and competitiveness. Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum emphasized that the growth reflects the vision of Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum, noting the role of the Dubai Economic Agenda (D33) in translating strategic objectives into measurable outcomes.

Officials highlighted Dubai’s resilience and adaptability in a shifting global economy. Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism, said the results underscore the city’s ability to attract investment, talent, and enterprise while advancing homegrown capabilities. Digital Dubai’s leadership pointed to the role of digital transformation and technology adoption in supporting sustained growth.

The Dubai Data and Statistics Establishment is recalibrating GDP and other key indicators to align with international standards, integrating new administrative and field data to provide a more accurate and transparent picture of the emirate’s economic performance.

Photo credits: Government of Dubai Media Office

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Alexander Agafiev Macambira

Alexander Agafiev Macambira is former tech contributing writer for Forbes Monaco.

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