Dubai has become one of the most sought-after places to start a new business. With tax-friendly policies, top-quality social and economic infrastructure and a central location, the desire of many entrepreneurs to start a company in Dubai is increasing day by day.
Starting your own business in Dubai If you are an aspiring entrepreneur, here is a summary of the top 6 emerging business opportunities in Dubai.
1. Import and Export
Import and export business is one of the most profitable sectors in Dubai. Given Dubai’s central location and economic diversity, starting an international business business in Dubai can be rewarding in terms of expansion opportunities and profitability.
While Covid-19 has brought numerous challenges, it has also opened up new opportunities in Dubai’s healthcare technology sector. The UAE expects the healthcare sector to make huge gains in the near future. There are three main areas that healthcare investors can potentially consider when entering the Dubai market:
- Health Technology Innovation
- Health Tourism
- Increased Local Demand
3. Real Estate
Known as one of the world’s largest immigrant hubs, Dubai’s population is made up of 70% foreigners. Dubai, which has a record 16 million tourists in recent years, maintains its ranking as the fourth most visited city in the world, making the real estate market in Dubai very lucrative. The real estate market in Dubai has a wide range of opportunities, including property development, property management and brokerage.
4. Information Technology
As the Dubai government continues to implement policies and initiatives to promote technology innovation and attract tech entrepreneurs in an effort to become the smartest city in the world, Dubai has become a magnet for international technology-based businesses.
Dubai is one of the best tourist destinations in the world. The real estate sector has recorded tourist visits as explained and has been one of the most visited cities in the world. Therefore, if you have a big budget and want to make a profit quickly, the tourism sector will be suitable for you.
Dubai’s initiative of smart government initiatives and programs has played a crucial role in the growth of the city’s e-commerce sector. Improved logistics, trust in digital payments and increased security are contributing factors that are helping the development of the e-commerce industry in Dubai. The best part is that there are a lot of customers to target. It is even possible to set up your e-commerce business in Dubai and then operate it remotely from elsewhere while taking advantage of the low tax laws.
Don’t Miss the Opportunity to Establish a Company in Dubai with Company Global!
If you, as an entrepreneur, want to take advantage of Dubai’s beneficial economic environment, contact Company Global consultants and start your company in Dubai now! For more detailed information about the company establishment processes in Dubai, you can contact us via our website or phone number.