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Kero Reports Robust UAE Economy and Record Real Estate
A report by Croeset shows that the UAE economy recorded strong non-oil growth of 6.8% in 2025, with the non-oil sector contributing more than 79% to the real GDP, which exceeded AED 1.5 trillion. The Central Bank also maintained its growth forecast for the current year at 5.6%, with banking sector assets rising to AED 5.4 trillion, annual lending increasing by 18%, and a fiscal surplus of AED 61.7 billion. Foreign investments, totaling $45.6 billion in 2025, continued to support the UAE economy, alongside significant shifts in Abu Dhabi's sovereign wealth fund landscape, managing assets exceeding $1.8 trillion and including key entities such as the Abu Dhabi Investment Authority and Mubadala. The UAE also experienced a boom in the real estate sector, with transaction values reaching AED 252 billion during the first quarter of 2026—up 31% year-over-year—with property sales on the off-plan market in Dubai growing by 36%, and office sales reaching $2.2 billion in the first quarter. This reflects ongoing confidence and investment in the real estate market.
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