23 September 2025

Dubai Leads UAE Non-Oil Growth in 2025

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The UAE’s diversification strategy continues to deliver strong results, with the non-oil economy expanding at its fastest pace in six months in August 2025 — led by Dubai.

Diversification and Expansion

According to eToro analysts, growth in the non-oil private sector was fueled by:

  1. New project activity

  2. Robust domestic demand

  3. Rising investment flows

Dubai stood out in particular, recording its highest non-oil output gains in seven months, reinforcing its role as the UAE’s leader in economic transformation.

Trade and Investment Momentum

In the first half of 2025, the UAE’s non-oil foreign trade surged by 24%, underscoring the success of shifting growth beyond energy.

While challenges remain — such as slower sales growth, rising wage pressures, and softening demand — the fundamentals of the economy remain strong.

Confidence Among Businesses and Investors

  1. Business sentiment is optimistic, supported by government reforms and sustained investment across non-oil industries.

  2. On the Dubai Financial Market, companies like Union Properties and Amlak Finance have gained more than 100% in 2025, highlighting the strength of non-oil opportunities.

A Promising Outlook

The UAE is steadily reducing its reliance on oil and building a diversified, sustainable growth model, positioning itself as one of the most dynamic investment destinations in the region.


For investors, this means opportunities extend far beyond energy — with strong growth in real estate, tourism, finance, logistics, and technology.

Looking to secure your share of Dubai’s non-oil growth story? Contact SPI Dubai today to explore premium real estate opportunities in the city’s most promising districts.