Dubai is a cosmopolitan with a flourishing tourist industry. It is also one of the places that warmly welcome foreign investors. Given the large number of tourists that visit Dubai annually, many opportunities have opened up for any interested investor. The nature of these investment opportunities differ greatly due to the variety of people who visit the country annually.
Dubai freezone company formation and opening a business in the city are two options you have. Which one you choose will depend on the nature of your business, your capital investment and other requirements you may have. Irrespective of this fact, here are some businesses that are currently doing well in the country.
Restaurants and fast food chains
Everyone needs food, so this could definitely turn out to be a flourishing business. A few things to consider before you begin, is the type of cuisine you wish to cater. It will probably be more profitable if you cater Chinese, continental or another type of international cuisine rather than traditional Arabian food. Not that there is no market for local cuisine, but rather you will find it easier to break even if you choose international cuisine.
You should also give some thought to the competition you may have from surrounding restaurants.
For tourists, another requirement that goes hand in hand with food is accommodation. Setting up a business is able to provide luxury accommodation for affordable rates is sure to go a long way in the years to come.
Landscaping and construction
The authorities of Dubai are always thinking of new constructions they could put up, so that they could increase the number of tourists that visit the country. Along with new constructions comes the need to beautify its surroundings. There are loads of on-going constructions within the country, so there will always be a need for professional landscapers.
Beauty and boutique clothing
You will probably be surprised at the demand for beauty salons and spas in this area. Usually all salons in Dubai will cater to either women or men only. Arab has its own unique styles of makeup and hair-do’s that are attractive to many.
The demand for stylish clothing and accessories is made up not only of locals, but also of expats and tourists.
Web development and advertising
Web developers and people who are familiar with the rules and regulations that pertain to the advertisement industry are in demand, especially for new establishments. There are strict policies that govern all advertisements within its jurisdiction. Visit Cross Link International for a full range of consulting services across company formation, business setup and business development for businesses in UAE.
Contract publishing businesses
This is also an area which is needed by businesses both new and established.
This is by no means an exhaustive list of viable ventures in Dubai, but these are a few of the most successful.