Why this is a good, time to start a business in Dubai?
- Business Setup, Real Estate, Travel and Tourism, AI and Robotics business, Ecommerce, Restaurant and Café
- September 26, 2024
As the winter is coming, the population seems to increase soon which may result in more tourism and business to the Dubai economy. Understanding the UAE goal for doubling the population by 2040, many companies from the world have expanded their business already to capture the market.
With multiple positive announcement such as new infrastructure project, new metro line to expand other areas apart from green and red line, ease of golden visa rules, multiple luxury project for tourism, events and music festival, are already capturing eyes of the world to invest in Dubai.
Few Business, which should be the best to start in the coming years
Real Estate
The real estate market is already booming every day with projects being sold out as soon as it comes to the market. The market is open and is expected to grow more in the coming years because of dubai luxury lifestyle and safest city in the world.
Starting a real estate business, which includes selling property, rental and property management, will be the top business in the coming years.
Travel and Tourism
The tourism industry is booming each quarter with minimum 15% growth comparing from the last year quarter.
By offering with innovative and distinctive world-class infrastructure, experiences and attractions, luxury lifestyle, furture growth, robotics and AI technology events and innovation, multiple music and art festical, etc. has made dubai the best place to travel in UAE.
With more people coming to UAE and doubling the population, tourism sector is defentey a good business to start with.
AI and Robotics business
UAE has pledge to move their economy to digital operation where no paper is needed for any government process with the help of technologies and innovation in their growth plan.
The use of technology has already been tested in multiple field such as Carless taxi, drone delivery, robotics service at restaurant, smart station with robotics police service, drone building cleaning services, many other project are yet to be announced.
The shift to robotics and AI is already in force by the UAE government.
Hence, it makes a market for AI and technology developer to start their presence in the UAE and grow.
Ecommerce
The E-commerce is expected to grow with 10.24% during the coming 2024-2028. The increase in population and demand in lifestyle has made online business a hit.
With increasing more tourism in coming days, it will push the online industry a big hit for the future.
Restaurant and Café
UAE has multiple nationality expat and foreigners, which in result make a huge demand for the food business to grow. Dubai has been on growth in tourism every year and this expect increase in more demand of multi cuisine food in the coming years.
Starting a restaurant will be a profitable business with the best location and multi cuisine option to different nationality.
Conclusion
There are many other businesses, which are in demand such as Car Rental, Valet services, Freelancing business, Media house, etc., and expected to grow more.
If you are looking for understanding more business option or looking to start any business in Dubai, please feel free to reach
Contact ONE Consultant to Get Started:
Call us at +971 52 123 7386
Email us at info@oneconsultant.ae
Visit our website at www.oneconsultant.ae for expert assistance and personalized guidance.
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