Dubai Royals

Life

by Ruman Baig
35 seconds ago

Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE and Ruler of Dubai, officially sanctioned a record-breaking budget (Dhs272 billion), marking another milestone in the Emirate’s legacy of forward-thinking governance. Set against the backdrop of the Dubai Economic Agenda D33, Dubai Plan 2030, and the Quality-of-Life Strategy 2033, this budget will focus on social, infrastructure, and technological investments aimed at making Dubai the “greatest city in the world to live, work, and invest.”

Dubai has once again raised the bar with the approval of its largest budget in history, aimed at propelling the emirate further into the ranks of the world’s leading cities. With a staggering Dhs272 billion allocated by Sheikh Mohammed for the fiscal years 2025 to 2027, this budget reflects Dubai’s ambition to enhance quality of life, foster sustainable growth, and cement its position as an innovation hub that continues to attract the best talent, investment, and opportunities.

Sheikh Mohammed on the three-year vision for transformation

As announced by the Dubai Media Office on October 29, the government’s fiscal strategy projects a total revenue of Dhs302 billion, an increase that reflects the emirate’s steady economic growth and robust future planning. This three-year budget cycle will direct funds into pivotal sectors essential to Dubai’s long-term vision, creating a cohesive framework that extends beyond immediate development and into a sustainable future.

Dubai’s projected expenditure for 2025 alone is Dhs86.26 billion, while revenues are anticipated to reach Dhs97.66 billion. With this sizeable surplus, the city’s leadership demonstrates both financial prudence and a forward-looking strategy to maintain an economic buffer. A reserve of Dhs5 billion has also been set aside to stimulate the broader economy and navigate unforeseen challenges, underscoring Dubai’s readiness to adapt and sustain its rapid evolution.

Social Development at the Forefront

A key feature of the 2025 budget is the emphasis on social development, with 30 percent dedicated by Sheikh Mohammed to sectors such as healthcare, education, scientific research, and social services. The significant allocation aims to foster a higher standard of living and provide essential services that support individuals and families across all demographics.

This investment includes dedicated funding to support the needs of Dubai’s elderly population, retirees, people of determination, youth, and sports programs. Additionally, it offers backing for initiatives that benefit women, children, and vulnerable families, underscoring Dubai’s commitment to an inclusive, accessible community where everyone can thrive. By prioritizing education, healthcare, and research, the budget aligns with the city’s aspirations to build an educated, healthy, and resilient population ready to meet the future.

Strengthening Security and Infrastructure

To further bolster public welfare, 18 percent of the 2025 budget allocated by Sheikh Mohammed will be invested in Dubai’s security, justice, and safety sector. This investment is critical to ensuring a safe and secure environment that supports Dubai’s growing population and aligns with its status as a global business hub. Law enforcement, emergency services, and justice initiatives will receive substantial support to maintain and enhance their effectiveness.

Dubai’s renowned infrastructure development will continue to be a top priority, receiving a significant 46 percent of total government spending. These funds will drive a host of projects, including new roads, bridges, tunnels, parks, sewage systems, and the ambitious Al Maktoum Airport expansion. The city is also focusing on sustainable and resilient infrastructure, with funds earmarked for renewable energy facilities and the ongoing development of Dubai’s rainwater drainage network. These initiatives will further solidify Dubai’s reputation as a world-class city with a robust, future-proof infrastructure that can handle both current demands and long-term growth.

Sheikh Mohammed on building a digital-first Dubai

In line with Dubai’s goal to be at the forefront of technology, the new budget places a strong emphasis on digitalization. One of the key initiatives within this strategy is the Dubai Cashless Strategy, which seeks to make 90 percent of all transactions cashless by 2026, spanning both public and private sectors. It will enhance transparency, efficiency, and convenience, contributing to Dubai’s evolution as a smart city.

Dubai’s commitment to digital transformation goes beyond cashless transactions; it’s about reimagining how services are delivered and accessed. This strategy is designed to improve government performance and foster a culture of innovation and excellence. By investing in digital infrastructure, the emirate aims to create an ecosystem that supports technological innovation and meets the evolving needs of businesses and residents alike.

Enhancing Public Services and a Culture of Innovation

Public services will see an investment of 6 percent, a seemingly modest amount with a substantial impact on improving overall government efficiency and performance. The allocation aims to cultivate a culture of excellence across all sectors, reinforcing Dubai’s reputation for high standards and quality. By investing in public services and promoting a culture of accountability, the emirate continues to refine its public administration while remaining responsive to citizens’ needs.

As the Emirate progresses through the 2025-2027 budget cycle, each investment serves as a building block in the creation of a Dubai that is not only an economic powerhouse but also a place where quality of life, opportunity, and security are paramount.
– For more on luxury lifestyle, news, fashion and beauty follow Emirates Woman on Facebook and Instagram
Images: Instagram: Feature image:@hhshkmohdfan More