For the fourth time in a row Dubai earned the position of top destination worldwide for Greenfield Foreign Direct Investment (FDI). The total FDI capital received by Dubai during 2024 reached AED 52.3 billion ($14.24 billion) making it a new highest figure since records began with a 33.2% increase from 2023. The emirate achieved its largest-ever FDI value throughout a single year. The city created its historical highest record by accomplishing 1,117 new Greenfield Foreign Direct Investment projects.
The continuous success of Dubai as a worldwide investment center stems from strategic D33 Economic Agenda initiatives which support its business objectives. The city targets to make its economy two times larger by 2033 while establishing itself among the world’s top three metropolitan economic powers.
Under the visionary direction of His Highness Sheikh Mohammed bin Rashid Al Maktoum Dubai continues to achieve success as the ruler of Dubai. Dubai achieves its investment growth through its strategic planning and its ability to adapt to economic and technological changes across the globe according to His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince of Dubai.
Inward FDI from foreign investors enables Dubai to generate the third-highest number of new positions worldwide while it stands as the leader worldwide in attracting FDI headquarters projects. The city maintains its leadership position across financial services along with AI, real estate and cybersecurity sectors while attracting main investments from countries including India, the USA, France, and the UK. Dubai has strengthened its position as an ideal global business hub through its technological progress coupled with its welcoming business infrastructure.
The 2024 FDI results demonstrate how Dubai maintains its business strength and worldwide market leadership through modern economic strategies which positions it as a core actor in worldwide business development.