India has emerged as the largest source of Foreign Direct Investment (FDI) into Dubai, surpassing the U.S., France, and the U.K. in 2024. Dubai has continued its dominance as the world’s top destination for Greenfield FDI projects, attracting record-breaking investments across various sectors.

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• India accounted for 21.5% of total FDI into Dubai in 2024, ahead of the U.S. (13.7%), France (11%), and the U.K. (10%).
• Dubai attracted AED 52.3 billion ($14.24 billion) in FDI, a 33.2% increase from AED 39.26 billion in 2023.
• The city saw 1,117 Greenfield FDI projects, the highest in its history.
• Total announced FDI projects increased to 1,826, an 11% rise from 2023.
• FDI-generated jobs surged by 31%, reaching 58,680 jobs in 2024, up from 44,745 in 2023.
• Dubai ranked No.1 globally for Greenfield FDI projects and No.4 for Greenfield FDI capital.
• It retained its No.1 position in the Middle East and Africa (MEA) region for Greenfield FDI projects, capital, and jobs.
• Dubai attracted the highest number of headquarters (HQ) FDI projects globally, with 50 HQ projects in 2024.
• Key sectors attracting FDI include business services, IT, AI, real estate, finance, and industrial equipment.
• Dubai’s share of global FDI in Advanced Information Technologies (AIT) increased from 7.3% in 2023 to 8% in 2024.