Investor Presentaiton
UAE economy on an upward trajectory
UAE PMI Index
CB UAE GDP Expectations
54.2 54.1
54.4
54.3
57.0
56.9
57.7/1
56.7
56.6
57.4
56.0
5.9%
55.9
55.5
55.0
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Jun-23
Jul-23
Aug-23
Sep-23
Oct-23
Nov-23
Dec-23
-3.4%
2023e
بنك دبي الإسلامي
Dubai Islamic Bank
#Ready For TheNew
Dubai GDP Breakdown (%) - 9M 2023
Oil
■Non oil
■Total GDP
Others, 25%
8.1%
5.7%
4.7%
Accomodation
& food services,
3%
AED 318 bn
(+3.3% YoY)
3.1%
Dubai International Visitors & Occupancy Rates
Dubai Real Estate Sector Trends
70.8%
Visitors (m)
Hotel Occupancy (%)
Transaction Value (AED bn)
# of transactions
75.7%
12.5
263,936
10
9M 2022
Sources: CB UAE, DFM
9M 2023
FY2022
96,474
411,740
FY2023
133,134
2024e
4000
3500
3000
02-Jan-2023
02-Feb-2023
Wholesale &
Trade, 25%
Transportation &
storage, 13%
Real Estate &
Construction, 15%
Financial &
Insurance, 11%
Manufacturing, 8%
Dubai Financial Market (General Index)
02-Mar-2023
02-Apr-2023
02-May-2023
+22% YTD
02-Jun-2023
02-Jul-2023
02-Aug-2023
02-Sep-2023
02-Oct-2023
02-Nov-2023
02-Dec-2023
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