Dubai's GDP reaches AED 232 billion in Q1 2026

Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED 232 billion, reflecting a 2.4 per cent increase from the same period last year.

The performance reflects the strength, resilience and adaptability of Dubai's economy, driven by the diversity and integration of its economic activities, as well as the effectiveness of its development policies and strategies.

Since the beginning of 2026, the GDP series has been revised from previously published estimates, to reflect the latest results of economic surveys and data derived from administrative records.

This update aligns with international statistical best practices and standards.

The Human Health and Social Work Activities sector recorded the highest growth rate at 17.5%, contributing 1.5% to the emirate’s GDP.

The Electricity, Gas and Water Supply; Waste Management Activities sector also registered strong growth of 8.4%, while the Construction sector grew by 8.2%, contributing 8.1% to Dubai’s GDP during the first quarter of 2026.

Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED232 billion, representing a 2.4% increase from the same period last year. pic.twitter.com/6XJ2jx3Gky

— Dubai Media Office (@DXBMediaOffice) July 8, 2026

• Human Health and Social Work Activities sector's gross value-added reached AED 3.6 billion, contributing 1.5% to Dubai's GDP
• Electricity, Gas, and Water Supply; Waste Management Activities Sector's gross value-added reached AED 4.6 billion in Q1 2026, accounting for 2% of Dubai's GDP
• Construction sector's gross value-added reached nearly AED 18.7 billion in Q1 2026, accounting for 8.1% of the GDP
• Real Estate Activities sector expanded by 3.1% from the same period in 2025, generating approximately AED 26 billion in gross value-added in Q1 2026, contributing 11.2% to Dubai's GDP
• Wholesale and Retail Trade recorded 2.6% growth compared to Q1 2025. Its real gross value-added reached AED 50.9 billion. The sector remained the largest contributor to Dubai's economy, at nearly 22% of GDP.
• Information and Communication recorded 2.7% growth compared to Q1 2025. Its real gross value-added reached AED 12.1 billion. The sector accounted for approximately 5.2% of Dubai's economy and contributed 0.14% to overall economic growth.
• Financial and Insurance Activities sector’s gross value-added reached AED 32.4 billion in Q1 2026, recording a growth of 6.5% compared to the same period in 2025, and accounting for 14% of total GDP.
• Administrative and Support Service Activities sector contributed 4.5% to the GDP, with its value rising to AED 10.5 billion in Q1 2026, representing a 3.6% growth from the same period in 2025.