India and UAE are the two important emerging economies of the world with strong history of intimacy. After liberalization both have made rapid progress. The bilateral trade between the countries has definitely impact on the economic scenario of world trade. The trade relation between India and UAE is developing its own impetus and dynamism. UAE’s share in Indian exports and Imports increased from 4.41 per cent and 3.39 per cent in 1996-97 to 9.71 per cent and 6.45 per cent in 2009-10 respectively. During the period of 1996-97 to 2009-10, the real growth rates of Indian exports to and imports from UAE grew at higher rate than its overall exports and imports. The geographical relations between India and UAE turned to be good one, which positively affected their trade relations. The trade between these two giant economies has been identified as the most sensible and reliable instrument, in recognizing the impact on the dynamism of the global economy and its vibrant growth speed. It is in this context of their changing behavior, the present study makes an endeavor to appraise that how the bilateral trade between the two countries becomes as a tool in intensifying their partnership for their joint advantages in the future time.