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Is Dubai or Abu Dhabi Richer?

Published in UAE Economy 2 mins read

Based on the provided reference, Abu Dhabi is the wealthier emirate in terms of Gross Domestic Product (GDP) and per capita income. While the question asks about the cities, the reference provides information about the emirates, which are the primary economic entities in the UAE.

Comparing Abu Dhabi and Dubai

The United Arab Emirates is composed of seven emirates, with Abu Dhabi and Dubai being the most prominent internationally. While Dubai is renowned for its rapid development in tourism, real estate, and trade, Abu Dhabi holds the majority of the UAE's oil reserves and is the federal capital.

According to the reference:

This highlights that, from an economic perspective focusing on overall wealth and income per person for the entire emirate, Abu Dhabi leads.

Key Economic Indicators

When evaluating the wealth of a region, several factors are considered. The reference specifically mentions:

  • Gross Domestic Product (GDP): A measure of the total value of goods and services produced.
  • Per Capita Income: The average income earned per person.

The reference explicitly states that Abu Dhabi is the wealthiest based on these two metrics at the emirate level.

While Dubai has a highly diversified economy with significant contributions from non-oil sectors, Abu Dhabi's substantial oil wealth provides a larger overall economic base and higher average income per resident across its emirate.

Therefore, applying the information from the reference to the question about the cities, the data indicates that Abu Dhabi (as the capital of the wealthiest emirate) is considered richer based on the criteria mentioned (GDP and per capita income).