The UK-registered Diamond Aircraft plane went down Thursday five kilometres (three miles) south of the international hub, the United Arab Emirates state news agency WAM said, citing civil aviation authorities.
A statement from Honeywell received by AFP said one of those killed was a company employee, although it did not give the victim's nationality.
The crash, according to civil aviation authorities, was due to a technical malfunction.
It caused some disturbance at the airport on Thursday night, including the diversion of some flights, before the situation returned to normal.
Dubai's international airport is one of the world's busiest aviation hubs.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)