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Dubai ruler signs off on emirate’s largest-ever three-year budget: Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum approved a record AED 272 bn budget for the emirate covering 2025-2027, marking the largest budget cycle in Dubai’s history, according to a Dubai Media Office statement. The government projects AED 302 bn in revenues and AED 272 bn in expenditures during this period — which would net an operational surplus of 21% for the first time.
For 2025: Projected expenditure for the 2025 fiscal year is AED 86.26 bn, with revenues expected to total AED 97.7 bn. The final spending plan sets out a 9% y-o-y increase in expenditure compared to 2024’s budget of AED 79.1 bn. The government expects to achieve an operating surplus of up to 4% of 2025’s GDP.
Infrastructure is getting nearly half of the funds: The budget allocates 46% of spending to infrastructure, with projects including roads, tunnels, bridges, transportation systems, sewage stations, parks, renewables facilities, and a rainwater drainage network. It also includes work on the USD 35 bn expansion of Al Maktoum Airport.
The rest of the breakdown: Some 30% of spending will go towards social development, 18% to security, justice, and public safety, and 6% to public services and scientific research.
REMEMBER- The UAE cabinet also greenlit its largest ever federal budget for 2025 earlier this month. The budget sets out a 12% y-o-y increase in expenditure compared to 2024’s budget, with revenues also expected to grow 9% y-o-y to AED 71.5 bn.
