Mohammed clears Dhs302.7b budget for Dubai for 2026-28

3-year budget cycle for 2026-28 is the largest in emirate’s history; Hamdan says it provides a financial roadmap that accelerates Dubai’s ambitions to enhance growth of its key sectors and solidify its position as a global economic centre.

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In his capacity as Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved Law No.15 of 2025 regarding the Government of Dubai's general budget cycle for the fiscal years 2026-2028, and the Dubai Government's general budget for the fiscal year 2026.

The three-year budget cycle for 2026-2028 has been approved with a total expenditure of Dhs302.7 billion and total revenues of Dhs329.2 billion.

This budget cycle, the largest in the emirate's history, aligns with future ambitions to promote sustainable economic growth, enhance community well-being, and solidify Dubai's reputation as a land of opportunity and innovation.

During the implementation of the 2026-2028 cycle, Department of Finance (DoF) expects to achieve an operating surplus of up to 5% of the emirate's projected GDP for 2026, further solidifying long-term fiscal sustainability.

Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, said: "Dubai's general budget cycle for 2026-2028 provides a financial roadmap that accelerates Dubai's ambitions to enhance the growth of its key sectors and solidify its position as a global economic centre."