Dubai's Economy Grows by 2.4% in Q1 2026

Jul 8, 2026

63 min

Jul 8, 2026 19:31

Dubai's economy grows to Dh232 billion in Q1 as GDP rises 2.4%

## Economic Growth Overview

Dubai's economy expanded to Dh232 billion in the first quarter of 2026, marking a 2.4% increase compared to the same period last year. This growth underscores the emirate's economic resilience and adaptability, driven by diverse sectors and strategic policies.

## Sector Performance

The Human Health and Social Work Activities sector led the growth with a 17.5% increase, contributing 1.5% to Dubai's GDP. The Electricity, Gas, and Water Supply sector saw an 8.4% rise, while the Construction sector grew by 8.2%, contributing 8.1% to the GDP.

## Strategic Vision

Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism, highlighted the role of visionary leadership and strategic planning in achieving these results. The growth aligns with the Dubai Economic Agenda, D33, aiming to position Dubai among the top global urban economies.

## Data and Innovation

Younus Al Nasser from Digital Dubai emphasized the importance of data in driving economic development. The emirate's investment in a robust data ecosystem supports informed decision-making and enhances competitiveness.

## Future Outlook

Hadi Badri of the Dubai Economic Development Corporation noted the city's strong foundations for continued growth. The focus remains on supporting key sectors, fostering innovation, and attracting talent to sustain Dubai's status as a global economic hub.

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