The Government of Dubai has approved its largest-ever budget cycle for 2025 to 2027, featuring a total expenditure of AED 272 billion (€68 billion) and anticipated revenues of AED 302 billion (€75 billion). The three-year financial plan was approved by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The ambitious budget reflects the commitment to sustainable economic growth, community well-being, and its vision as a hub of opportunity and innovation.
“A substantial 46 per cent of next year's budget is allocated to major infrastructure projects, including roads, bridges, energy, and water drainage networks, alongside the construction of a new airport. A 30 percent of the budget is dedicated to health, education, social development, housing and other essential community services,” Sheikh Mohammed said. The spending plan also allocates 18% to the security and justice sectors. Additionally, 6% of the budget will support public services, government excellence and foster innovation and scientific research.
For the fiscal year 2025, expenditures are estimated at AED 86.26 billion (€17 billion), while revenues are projected to reach AED 97.66 billion (€17 billion). The budget also includes a general reserve of AED 5 billion (€1.25 billion) to support development projects, stimulate the overall economy and achieve the ambitious goals outlined in the Dubai Plan 2030, the Economic Agenda D33, and the Quality-of-Life Strategy 2033.
Abdulrahman Saleh Al Saleh, Director General of Dubai Finance (DF), stated: “in collaboration with all government entities, we are dedicated to fulfilling the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Our focus is on increasing government support for key areas such as social development, housing for citizens, enhancing government operations, digitalising life in Dubai, advancing scientific research, boosting institutional agility, and strengthening the emirate’s global competitiveness.”
DMX closely monitors any developments regarding the ambitious budget cycle, its impact on Dubai’s economic and social landscape and the opportunities it may bring for our clients.
