Sheikh Rashid Al Maktoum Approves Dubai’s Largest Budget

Dubai approves largest budget

TOP NEWS

Dubai to Launch the Region’s Slimmest Skyscraper Muraba Veil
Dubai to Launch the Region’s Slimmest Skyscraper Muraba Veil
Why the UAE is Attracting Millionaires and Entrepreneurs
Why the UAE is Attracting Millionaires and Entrepreneurs

At One Investments, we understand that property investment goes beyond simple financial profit; it is a chance to create a lasting legacy for future generations. 

 

In light of this Dubai has recently made headlines with the approval of its largest budget in history, featuring a remarkable 21% surplus for the first time. Announced by the emirate’s Ruler, this budget is set to shape the future of Dubai from 2025 to 2027, with projected revenues reaching Dh302 billion and total expenditures estimated at Dh272 billion. 

 

This strategic financial plan is poised to enhance social services and improve the quality of life across various sectors, reinforcing Dubai’s commitment to sustainable growth and innovation.


Investment in Infrastructure

 

One of the most striking aspects of the budget is the allocation of 46% to infrastructure projects, which include the development of roads, bridges, energy systems, and drainage networks. Additionally, the construction of a new airport is part of this extensive plan, signalling Dubai’s continued investment in its connectivity and overall infrastructure. 

 

Supporting Social Development

 

The budget prioritises social development, with 30% of government expenditures allocated to this sector. This includes vital investments in health, education, scientific research, and housing, alongside support for vulnerable groups such as needy families, women, and children. 

 

The budget further emphasises the importance of youth and sports initiatives, as well as care for the elderly and people of determination, aligning with the Dubai Social Agenda 33.


Ensuring Security and Safety

 

Recognising the critical importance of security, justice, and safety, 18% of total expenditures has been dedicated to supporting and developing this sector. This commitment underscores Dubai’s focus on maintaining a secure environment for its residents and visitors, which is essential for fostering economic growth and attracting further investment.

 

Dubai’s historic budget approval heralds a new era of economic growth, innovation, and social development. With a strong focus on infrastructure, social services, and security, this budget sets the stage for a prosperous future.

 

At One Investments, we concentrate on offering Dubai properties that effortlessly combine modern luxury with outstanding investment opportunities. Explore our range today to secure your future investment.

TOP NEWS

Dubai to Launch the Region’s Slimmest Skyscraper Muraba Veil
Dubai to Launch the Region’s Slimmest Skyscraper Muraba Veil
Why the UAE is Attracting Millionaires and Entrepreneurs
Why the UAE is Attracting Millionaires and Entrepreneurs

Copyright 2024 - One Investments

CONTACT

For further information, contact