Dubai GDP grows 4.7pc in Q2, first-half expansion hits 4.4pc - Capital Business
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(240906) -- CAIRO, Sept. 6, 2024 (Xinhua) -- This photo taken on Sept. 1, 2024 shows a view of Dubai, the United Arab Emirates. (Xinhua/Sui Xiankai)

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Dubai GDP grows 4.7pc in Q2, first-half expansion hits 4.4pc

DUBAI, Nov. 10 (Xinhua) — Dubai’s gross domestic product (GDP) expanded by 4.7 percent year on year to 122 billion AED (around 33.2 billion U.S. dollars) in the second quarter of 2025, the Government of Dubai announced on Sunday in a statement.

The emirate’s GDP for the first half of 2025 reached 241 billion AED, up 4.4 percent compared with the same period last year, reflecting robust growth across key sectors, according to the statement.

Strong performance was reported in human health and social work activities, construction, real estate, and financial and insurance services.

Human health and social work activities recorded the fastest expansion, rising 20 percent and contributing 1.4 percentage points to overall GDP growth. The construction sector also maintained solid momentum, increasing 8.5 percent and accounting for 6.7 percent of Dubai’s GDP in the first half of the year.

Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said the growth highlighted the progress of “D33,” Dubai’s 10-year economic plan aimed at positioning the emirate among the world’s top three cities for business, innovation, and quality of life by 2033.

“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,” he added.

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