The total balance of deposits in banks located in Dubai exceeded 1.5 trillion dirhams by the end of November 2025, maintaining its position as the most attractive destination for bank deposits in the local market for 12 consecutive months.
According to recent data from the central bank, Dubai banks hold a 47% share of the total bank deposits in the UAE.
Bank assets in Dubai increased by 1.7% month-on-month, reaching a cumulative total of 2.291 trillion dirhams in November. Conversely, the credit extended by Dubai banks rose by 1.3% month-on-month, bringing the cumulative credit volume to 1.134 trillion dirhams in November of the previous year.
The investments held by banks in Dubai remained steady at a cumulative total of 336 billion dirhams.
The data also revealed that Abu Dhabi banks surpassed 2.54 trillion dirhams in assets, with investments amounting to 431 billion dirhams and deposits reaching 1.456 trillion dirhams.
Additionally, the assets of other banks in the country totaled 415 billion dirhams, with deposits at 270 billion dirhams, while the credit balance exceeded 415 billion dirhams, and investments reached 73.6 billion dirhams.