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Dubai’s Economy Shows Resilience With 2.4% Growth in Q1 2026

Fri, Jul 10, 2026(90d ago)Business

Dubai’s economy demonstrated remarkable resilience during the first quarter of 2026, recording a 2.4% GDP growth to reach Dh232 billion despite the headwinds of regional instability and air travel disruptions. The Dubai Media Office attributed this steady performance to the emirate’s diversified and adaptable economic framework, which allowed it to navigate challenging conditions effectively. Notably, the human health and social work sector led the charge with a significant 17.5% growth, while key pillars like construction and utilities also posted strong gains of 8.2% and 8.4%, respectively.

The wholesale and retail trade sector maintained its position as the primary engine of the economy, contributing 22% to the total GDP with a solid 2.6% growth. Meanwhile, the real estate market continued its steady upward trajectory, adding Dh26 billion to the economy. To ensure long-term precision, officials have updated their GDP reporting methods to align with international statistical standards. Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism, highlighted that these results confirm a pattern of consistent performance, providing a stable foundation for further economic expansion throughout the remainder of the year.

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