Dubai-Mubasher: Oil prices plunge has a limited impact on Dubai’s economy in 2015, according to the "Dubai Economy 2012" report issued by the Dubai Economic Council
Dubai managed to diversify its economy in the past years so the contribution of non-oil sector to the real GDP increased.
Oil and gas sector contributed 55% of the GDP in 1981, yet declined to 2% in 2014.
Source:
Mubasher