Economy / WORLD

Dubai real GDP falls 2.3% in first half of 2026

Real output was approximately AED473 billion while current-price GDP rose 0.2%.

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Dubai’s real gross domestic product fell 2.3% in the first half of 2026 to approximately AED473 billion, from around AED484 billion a year earlier. The official statistics reported by WAM on October 18 put current-price GDP at approximately AED505 billion, up 0.2% annually. The real and current-price measures use different price bases.

Real value added in finance and insurance rose 8.8% to AED65.9 billion, while health and social work grew 14.3% to approximately AED6.2 billion. In contrast, real value added in wholesale and retail trade fell 6%, and transport and storage declined 7.4%. These changes compare the first half of 2026 with the same period a year earlier.

Data

Key figures

Dubai real GDP falls 2.3% in first half of 2026

Real GDP, first half
≈473 billion AED
2026-01 — 2026-06 · Observed
Real GDP annual change
-2.3 percent
2026-01 — 2026-06 · Observed
Current-price GDP, first half
≈505 billion AED
2026-01 — 2026-06 · Observed
Current-price GDP annual change
0.2 percent
2026-01 — 2026-06 · Observed
Methodology

Official H1 figures reported by WAM for January–June 2026. Levels are rounded in the source. Annual changes compare the same half of the previous year and are source-reported, not recalculated; real and current prices remain separate.

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