Many of our investors ask us “What Business is Best to Start in Dubai?” Well the answer to it is, it depends on various criteria. However, starting a business on your own is relatively easy in Dubai by securing a suitable business license.
Dubai is a metropolitan city in the UAE offering world-class infrastructure for business and for expatriates to settle in the country. Small Business Ideas in Dubai are prospective for investors to gain high returns at lower expenses.
It is important to note that for conducting any business activity in UAE, one must have a valid trade license to continue the business operations.
Best Business to Start in Dubai
Following small businesses are the best to start in Dubai. They are ideal for an easy start as well as can also scale-up successfully in the long run. For a first-time investor in UAE, it is advisable to take the assistance of an experienced Business Consultant to carry out the company formation process.
1. Restaurant & Cafeteria
The Food & Beverages sectors is always an in-demand sector in Dubai. It is one of the best business to start in Dubai. There is a requirement of a significant initial investment in the hotel business for the kitchen, seating area, ambiance, Delivery, staff, etc.
However, there are ready-made kitchens, stall units, and customized installations that will save some overheads. Also cloud-kitchen where there is no storefront. The orders will be taken via phone or mobile app and processed remotely.
The hotel business in Dubai has huge business opportunities due to the rising number of ex-pat population and their dining choices. Food business is a prospective small business to start in Dubai. The investors can start small, keep cost low and get high returns.
2. Events Management
With a large number of corporates and small and medium companies, and a multi-national community, there is an active demand for event management companies. Event Management business is the best business to start with minimum investment amount.
It can be started with minimal investment and get contracts easily through word-of-mouth marketing, Event companies host and conduct corporate and personal events on various occasions like weddings, birthdays, media events, product launches, and more.
Event management companies can take professional licenses or set up a limited liability company with 2 or more shareholders to set up more branches and expand across UAE easily.
The construction sector in UAE is an ever-growing sector. It gives huge returns for investors in the UAE. Construction is a high investment area. However, project management and engineering consultancy can be setup at relatively lower expenses compared to large construction projects.
There is an immense requirement for building materials, construction equipment, mechanical and electrical works, and more for the ongoing projects in the UAE. Construction is one the best business to start in Dubai. It fetches investors an accelerated business growth when scaled-up in the long run.
4. Health and Well Being
Health and Well Being is of utmost importance for UAE residents. Many of them are health conscious and are actively in seek of wellness programs and lifestyle classes for Yoga, Dancing, Gym, etc.
The Free Zones as well as the Dubai Economy is offering professional licenses for personal trainers, gym instructors, fitness experts, coaches, etc., to start their establishments in UAE.
Hence, starting a Health and Wellness Clinic in Dubai is one of the best business choice as there is a growing demand in the region. It will help the investors to easily scale up the business venture by opening new facility to continue the business.
Transportation is a major business opportunity in the UAE. Though the public transport is well connected to all places in the UAE, for office commute often a vehicle is must-have for quickly reaching the workplace.
To add on to business opportunities in transport, there are chauffeur-driven services to airports, hotels, leisure, etc., that are to be fulfilled by car rentals and transport companies. Hence, there is an evergrowing demand for Transport Services in UAE.
It is one of the best business in Dubai to start and then expand to other emirates by opening branches. Passenger Transport services are in all-time demand in UAE as many depend on a private passenger transport provider to commute to office.
The logistics business is lucrative in Dubai. Due to the strategic location and extensive network of road, air, water transport the transit of goods in and out of UAE to other global markets is made easy.
Corporates in UAE are on a constant lookout for a trusted partner for logistics support and handle the goods transport. It is one of the best business to start in Dubai as the business ecosystem is well developed and there is a constant demand for logistics in the country.
Investors in the logistics business can apply for an export-import, trading, and eCommerce license to expand their logistics network and business operations to gain significant business results.
7. Real Estate
Dubai has got some of the world’s best properties to stay. Also, the commercial properties are of world-class standards with customized offices, warehouses, and light manufacturing units.
With the offering of long-term visas, 100% foreign ownership in Free Zone companies, tax-free status, the real estate sector in Dubai is receiving a constant supply.
The real estate sector in the UAE mostly consists of Developers, property management, and rental agents. Setting up a business activity in the real estate sector in UAE is a lucrative business opportunity.
8. Digital Marketing & Website Development
Marketing is an important aspect for companies in the UAE. There are immense marketing opportunities for organizations in the UAE to showcase their brands.
Digital marketing and website development services are much needed for the growing list of companies added to the UAE’s business ecosystem.
9. Cleaning Services
With the growing number of commercial and private residential units, the demand for cleaning services is on the rise.
There are various specific requirements to be fulfilled in the cleaning services sector. From glass cleaning to interior cleaning and polishing services, there is immense opportunity to tap into.
10. Day-Care Services
Child care services are much needed for the working ex-pats in Dubai to safely look after the children while they are away for work.
It requires quite a lot of networking and gains the customer trust in the beginning and as you scale up it will give u good returns.
It makes an attractive business proposition for freelancing as well as for women looking at a second income through a business venture near their home.
11. Blockchain, Metaverse & Cryptocurrency
Dubai is always first in technology adoption. It is best to start a business in the field of Blockchain, Metaverse, and Crypto Currency. Dubai is seen to be actively exploring modern technology business applications.
There numerous business applications in the field of Blockchain, Metaverse, and Cryptocurrency that investors can explore in Dubai. The Free Trade Zones of Dubai such as the DMCC offer a Crypto License for investors to venture into the latest Crypto, blockchain, and Metaverse applications.
To know more about opening a company in the UAE, talk to our expert company formation consultants right away!
Contact: Aurion Business Consultants