Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the largest three-year budget in Dubai’s history, with total expenditure of AED302.7 billion ($82.4 billion) and projected revenues of AED329.2 billion ($89.6 billion) for the 2026-2028 cycle.
The plan supports the emirate’s long-term goals of sustainable economic growth, strengthened public services and enhanced global competitiveness.
For 2026, expenditure stands at AED99.5 billion ($27.1 billion), with expected revenues of AED107.7 billion ($29.3 billion), including AED5 billion ($1.36 billion) allocated to general reserves.
The spending plan dedicates 48 per cent to infrastructure development, 28 per cent to social sectors such as health, education and housing, and 18 per cent to security and safety. Dubai’s Department of Finance forecasts an operating surplus of up to 5 per cent of projected GDP for 2026.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, said that the ” budget reinforces our commitment to future-focused sectors and ushers in a new phase of knowledge-driven, innovation-led growth in the digital economy. It expands opportunities for local entrepreneurship and supports a high-growth environment across all key sectors”
The budget supports the objectives of the Dubai Economic Agenda D33, aimed at doubling the emirate’s economy over the next decade and strengthening its status as a global business hub.
It also advances Dubai Plan 2033, which prioritises sustainable development, world-class infrastructure and enhanced quality of life.
