I don't want to waste words here - but the more India tries to arm UAE (which is definitely a losing proposition - even as a revenue opportunity), the Iranians will use Pakistan as a proxy to needle India. Indians don't have the trust of Iran anymore.
Geopolitically India has now made enemies of two West Asian powers, Turkey and Iran.
Cuddling up to selfish Isra hell won't help - they could sell a few defense things, but they are a nation of nine million. Good luck.
The economy of the UAE is finished - finito - kaput. Will take a long time to recover, even with fake show of support from India.
This kind of idiotic failure-prone goofball semi-educated chaiwala foreign policy is why India is considered a universal enemy by all its neighbors now.
India is constantly nosing into the affairs of Bangladesh, Nepal, Sri Lanka and even Maldives with Dadagiri attitude - when in reality smaller neighbor countries deserve and are best dealt with respectful foreign policy - keeping the principle of non-interference in their internal affairs and trustworthy trade - which could be increased 200~300%. India is not trusted in the neighborhood and faces almost complete boycott trade-wise, with the exception of the bare essentials.
Compared to India's - China's foreign policy is the polar opposite.
Any way you look at it (despite vehement local propaganda to placate the gullible electorate in India) - India is going down the tubes, chaiwala continues to sink the Indian economy. The slowing down of this only happened because fortunately - India is a large economy.