What is Dubai’s economy based on?

Posted on Aug 23, 2025 / Travel

What is Dubai’s economy based on?

While Dubai was historically dependent on oil, today its economy is diversified and driven by trade, tourism, aviation, real estate, and finance. Oil accounts for less than 1% of its GDP, making Dubai a model for post-oil economic development. The city has established free trade zones, attracting multinational companies and entrepreneurs. Dubai International Airport and Jebel Ali Port are major global transport hubs. Its innovative business environment has positioned Dubai as a leading global financial and commercial center. This economic diversity ensures stability and continued growth.



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