Dubai has unveiled a record government budget for 2026-2028, pegging spending during the three-year cycle at Dh302.7 billion ($82.42 billion) as it lays out the financial road map for its ambitious growth targets.
The emirate, the commercial, financial and leisure hub of the Middle East, aims to generate total revenue of Dh329.2 billion, with operating surplus hitting the 5 per cent of projected 2026 GDP, Dubai Media Office said.
“The Dubai government budget for the years 2026-2028 outlines a financial road map to accelerate the realisation of Dubai's ambitions towards enhancing the growth of its vital sectors and affirming its position as a global economic centre,” Sheikh Hamdan bin Mohammed, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, said in a post on X.
The funds will help the emirate “achieve the objectives of the Dubai Economic Agenda D33”, which aims to double gross domestic product and make it one of the top three economic cities in the world by 2033, he added.
2026 budget allocations
Approved by Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, the budgetary targets have pinned expenditure of Dh99.5 billion for the fiscal year 2026 alone.
The Dubai government’s general budget for the next financial year aims to direct spending to across the emirate’s economy from
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