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Individuals with plans to start a business in Dubai should read through this write-up. Here, we have discussed the 10 best areas for new businesses in the city. Read through the section below before deciding which industry you would like to be a part of.
1.) Construction Companies Are Still the Highest Performers
Dubai is known to be the city of high-rise buildings and the trend is far from being over. People in this part of the world want the emirate to be the home to more plush apartments and skyscrapers. So, there’s huge scope in store for real estate developers, engineers, architects, and construction firms.
2.) Residents Will Always Need the Services of Handymen
If you are planning for business setup in Dubai, it would be a good idea to establish a handyman agency. People in the city are always in search of trusted agencies and skilled workers. You can setup a company to offer services like repair, maintenance, plumbing, electrical works, etc.
3.) Hair and Beauty Salon Get Significant Footfall
Dubai is one of the most happening cities in the world. Both men and women in this emirate care about fashion and beauty. So, if you are a skilled beauty expert, you can start your hair and beauty salon here. This area of business will bring in big money for you.
4.) Real Estate Agencies Are Making Good Money
We have already mentioned how well the construction industry of Dubai is performing at the moment. Even the Covid-19 pandemic couldn’t harm its growth. So, it’s obvious that owning a real estate agency in the city will be pretty profitable.
5.) Oil & Gas Companies Are Rising Again
Indeed,the massive drop in oil price has made this industry much weaker than before. However, with the lockdown being lifted around the globe, the price is all set to increase again. So, owning an oil and gas company will again be gainful.
6.) The Tourism Sector Brings in a Lot of Revenue
Dubai is one of the most loved tourist destinations in the world. The place is perfect for all kinds of tourism including business tourism, medical tourism, cultural tourism, sports tourism, shopping tourism, etc. So, owning a transportation company, restaurant, hotel, or food service company will automatically make your rich.
7.) Job Agencies Are Always on High Demand
If there’s anything people need under all circumstances, it’s a suitable job. So, if you have the required skill and knowledge, you can expect to earn a significant amount of profit by setting up a job agency in Dubai.
8.) Businesses Need Comprehensive Digital Marketing Services
For a business to be successful in the current scenario, it needs to effectively market itself online. So, if you start a company that offers digital marketing services, it will definitely do good business in a thriving city like Dubai.
9.) People in Dubai Love Their Cars
Become a dealer of reputable car brands and open your shop in Dubai. People in this emirate keep buying new cars. If you can market your business well, you will find customers for even the most expensive vehicle in this rich city.
10.) Medical Service Providers Can Also Make Good Money
Opening a hospital, diagnostic centre, or a regular clinic in Dubai may also bring in big profits for you. However, for these businesses to be successful you will have to hire the best medical professionals.
Dubai Business Setup can be your best friend in making the process of business setup in Dubai smooth for you. We will be able to help you irrespective of the jurisdiction you want to set up your business in or the area you want to explore.
