UAE Approves AED 292.5 Billion Federal Budget for 2027–2029

UAE Federal Budget Reaches AED 292.5 Billion

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved a federal budget of AED 292.5 billion for 2027–2029, representing a 28.3% increase compared to the previous three-year period.

Approved on October 12, 2026, the budget reinforces the UAE's commitment to economic growth, infrastructure development, and improving citizens' quality of life.

AED 90.1 Billion Allocated for 2027

The federal government has allocated AED 90.1 billion for 2027, with social development and pensions receiving the largest share at AED 34.6 billion, representing 38.4% of total expenditure.

Government affairs will receive AED 29.1 billion, followed by federal expenses at AED 17.8 billion, financial assets and investments at AED 5.6 billion, and infrastructure and economic resources at AED 3 billion.

Supporting Housing and Real Estate Development

Housing remains a key government priority, alongside education, healthcare, and social services. Continued investment in housing programmes and infrastructure is expected to support residential development and the expansion of communities across the UAE.

The Sheikh Zayed Housing Programme issued 3,567 housing support decisions worth AED 2.546 billion in 2025, demonstrating the government's continued commitment to providing housing opportunities for Emirati citizens.

Strengthening the UAE's Long-Term Economic Vision

The three-year budget provides a framework for sustainable economic growth, supporting investment in infrastructure, technology, energy, and essential public services.

By prioritising long-term development and financial stability, the UAE aims to strengthen its economic competitiveness, enhance community infrastructure, and create further opportunities across the country's real estate and construction sectors.