Dubai has emerged as a top destination for foreign direct investment, with steady annual growth in projects since 2020. Despite global downward trends, data from “FDI Intelligence” and the Dubai Foreign Direct Investment Observatory shows that between 2020 and 2023, Dubai attracted approximately 3,282 new foreign investment projects, totaling $33.42 billion (122.73 billion dirhams).
In 2023, Dubai led in foreign direct capital inflows to the Emirates, attracting $6.81 billion (AED 25 billion) in investments. The city secured around 81% of the total number of foreign investment projects in the Emirates. In 2021, Dubai accounted for nearly half of total foreign direct investment inflows, with $7.08 billion (AED 26 billion) coming into the city. This marked a significant increase from the previous year, with an estimated value of FDI capital inflows to Dubai surpassing $7.08 billion (AED 26 billion).
Dubai’s success in attracting foreign direct investment has positioned it as a leader in the Middle East and North Africa region and the third globally. With consistent growth and a strong reputation in the global market, Dubai continues to thrive as a hub for foreign direct investment.
