Dubai posts 4.7% GDP growth in 2025 as healthcare, finance and real estate lead the surge

Dubai’s economy continued its strong upward momentum in 2025, recording a 4.7% increase in GDP during the first nine months of the year, pushing the emirate’s total economic output to approximately AED 355 billion ($96.6 billion).

The growth was powered by a robust 5.3% expansion in the third quarter alone, underlining the resilience and diversification of Dubai’s economic model.

Among the standout performers, healthcare and social work emerged as the fastest-growing sector, expanding by 15.4% to reach an added value of AED 5.3 billion, reflecting rising demand and sustained investment in the sector.

The finance and insurance sector posted an impressive 8.5% growth, contributing nearly 12% of Dubai’s total GDP, equivalent to AED 42.8 billion. The construction sector matched this pace, also growing by 8.5%, adding AED 23.9 billion to the economy amid ongoing infrastructure and development projects.

Dubai’s booming real estate market continued to play a critical role, growing by 6.7% during the period. The sector recorded a historic year with more than 270,000 transactions valued at AED 917 billion, reinforcing investor confidence in the emirate’s property market.

Meanwhile, tourism and trade remained key growth drivers, with Dubai welcoming 13.95 million international visitors, a 5% increase year-on-year. This influx supported a 4.7% rise in accommodation and food services, further strengthening the hospitality ecosystem.

The strong performance reflects the successful implementation of the Dubai Economic Agenda D33, which aims to double the size of the city’s economy over the next decade, positioning Dubai as a global hub for business, innovation, and investment.