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6/16/25, 9:34 AM UAE’s GDP Reached AED1,776 Billion In 2024 With 4% Growth - UrduPoint
insurance activities expanded by 7 percent, while the hospitality sector,
encompassing hotels and restaurants, rose by 5.7 percent. Meanwhile, the real
estate sector recorded a 4.8 percent growth.
With regard to non-oil economic activities that contributed most to the GDP, the
trade sector contributed 16.8 percent, the manufacturing sector accounted for
13.5 percent, and financial and insurance activities contributed 13.2 percent.
Construction and building contributed 11.7 percent, while real estate activities
accounted for 7.8 percent of the non-oil GDP
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