Dubai's GDP Growth Reaches 3.3% in Q2, Driven by Key Sectors

Key sectors demonstrated solid performance, with wholesale and retail achieving Dh28.68 billion in value, while the transportation and storage sector grew by an impressive 7.8%, contributing 13.6% to Dubai’s GDP. The financial services sector expanded by 4.6%, real estate grew by 2.6%, and manufacturing increased by 2.5%, underscoring Dubai's diversified economic base. The hospitality sector saw a 4.7% rise, bolstered by a 9% growth in tourism, further enhancing Dubai’s status as a global destination.

Sheikh Hamdan bin Mohammed Al Maktoum emphasized Dubai’s commitment to progress, while DET Director General Helal Saeed Almarri highlighted the pivotal D33 strategy, which has been instrumental in fostering sustainable growth. Dubai’s innovative economic agenda continues to attract global talent, investment, and collaboration, reinforcing its position as a premier hub for business and lifestyle.

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