17 Apr Learn about the top 5 businesses you can establish now in Dubai
In this article, a very important topic will be addressed to many foreign investors as well as local ones, which is the best successful projects in Dubai. Doing business in Dubai is more accessible than before, Government measures were reduced by 30% in an initiative to create a global startup ecosystem. Dubai is blessed with being an important location for startups with a professional business environment that provides all the criteria for success and expansion. In addition to tax benefits that encourage investors to enter the UAE market.
Are you looking for good investment opportunities in Dubai? Do you want to establish your company or a branch of your startup in Dubai with a high probability of success? Welcome, we have compiled the top 5 most profitable business ideas in Dubai:
1- Restaurant or Cafe:
The United Arab Emirates has been at the forefront of the food and beverage sector for many years. Thanks to the strong influx of tourists and the presence of globally recognized food and beverage brands. There is a significant increase in the number of people eating out in 2022, As it is expected that the revenues of the food and beverage industry will reach approximately $400 million in 2022. It is worth noting that the COVID-19 pandemic has accelerated the implementation of technology-driven features for restaurants. This is to solve the Covid problem, indicating that this contributed a lot, even after the lifting of restrictions, to the consolidation of the idea of digitization in all fields, given that technology is an inevitably coming wave.
Most of the restaurants have become dependent on the Internet. Such as : orders and payments via apps, and restaurant management software, Orders and delivery departments… and others. In order to achieve prosperity in the food and beverage industry in Dubai.
2- Real estate agency:
Frankly, the real estate sector in Dubai witnessed a setback and a serious health problem due to the Covid-19 pandemic. And since Dubai’s economy is recovering quickly and its great strength to face shocks, it was able to quickly restore its balance. It is expected that house prices in Dubai will grow by 2.5% during the year 2022. This remarkable growth in the value of real estate in Dubai has led to the transformation of apartment tenants into owners of distinguished homes, As a result, many international buyers and investors moved to Dubai to take advantage of the luxury real estate market.
3- Online store:
E-commerce is one of the most important fields that achieve high financial profit and distinguished net profit. E-commerce has been thriving in Dubai for many years and continues to grow at a very fast pace. This market is expected to grow at an annual growth rate of 10% annually between 2021 and 2025. With the UAE being one of the fastest growing e-commerce markets in the Middle East, Starting an online business in Dubai is an excellent opportunity for any aspiring entrepreneur.
There are many specializations required in Dubai, Such as : Online food store: Online sales of food products achieved a tremendous growth rate during the Corona outbreak in the United Arab Emirates, It is expected to become a new norm in the post-pandemic period and a rolling social norm.
Teaching online: With traditional education trying to keep up with the current trend of digitization, Online learning is a viable option that is in great demand now and in the future.
Dubai is one of the most vibrant places in the job market. Which means behind job opportunities and huge investments continuously, as thousands of companies are established annually on the shores of Dubai, With so many new companies starting every month, It is not surprising that the employment sector in the UAE is witnessing a historical boom, Which makes now the best time to join this unique sector.
5- Travel and Tourism Agency:
As it is no secret to your knowledge, Dubai is one of the most popular tourist destinations in the world. attracts millions of tourists every year, received 5.51 million international visitors in 2020, And 2.06 million international visitors from January to May 2021, after which the tourism sector was suspended due to the Covid-19 pandemic.
Dubai has also become one of the safest holiday destinations in the world thanks to its cohesive security system. Therefore, starting a travel agency or tourism company that specializes in traveling around Dubai and the Middle East is something that is really worth considering.
At the beginning, it may seem to you that establishing a company in Dubai is one of the seventh impossibilities, and that it takes a lot of money and time. But in fact, launching your business in Dubai will only take a few weeks with us. We are a company that specializes in establishing startups in Dubai, and we will assist you in every administrative or legal step to achieve your goal. We are also here to provide you with any advice that may make your way easier. Do not hesitate to contact us if you want to answer any questions.
Contact us today and get a free consultation to implement all your business plans!