Story details

Dubai’s real gross domestic product (GDP) reached AED473 billion in the first half of 2026, down 2.3% from about AED484 billion in the same period of 2025, according to data released on 18 October by the Dubai Data and Statistics Establishment. GDP at current prices rose 0.2% to about AED505 billion. The divergence between real and current-price measures shows that nominal value alone does not describe changes in output volume.

Financial and insurance activities grew 8.8% in real terms to AED65.9 billion, while health and social work grew 14.3% to AED6.2 billion. By contrast, real value added in wholesale and retail trade, the largest activity, fell 6% to AED96.9 billion; transport and storage value added declined 7.4% to AED50.6 billion. The statistics agency said inflation meant trade’s increase at current prices translated into a real contraction after adjustment. The figures cover the first half and do not by themselves establish full-year results or quantify causal effects.