Best Business to Start in Dubai – 2021
The year 2020 was dreadful. The world was hit by a pandemic and everything was stuck, literally. It affected the business world as well. Dubai, known as the business hub, could not spare itself from the pandemic effects. However, the world is coming to its normal state now. With the vaccination out and people travelling around to make a living, business has come back to its normal state. But, a significant change has taken place in the business world. Business is done more on a virtual platform than otherwise. Dubai, which is technology-driven and a business hub, welcomes businessmen around the world to invest here. Moreover, EXPO 2020 is also underway, bringing in more opportunities. Mentioned below are the best Business to start in Dubai in 2021.
Dubai is attracting business all the more. Expo 2020 is one of the reasons. However, the need for sanitary and related services is on a high. Therefore, the scope for technical services is much higher. Technical services include:
- Building cleaning services
- Carpentry and flooring services
- plumbing and sanitary services
- Painting and furnishing
- interior decoration and ornamentation
- air ventilation and fixing air-conditioners
- mechanical works. For more details, check: Register Technical Services License in Dubai Mainland
Real Estate was a booming sector before the pandemic. The sector does not see any change in that and is still going strong. It definitely has a place among the Business ideas in Dubai in the year 2021. In addition, EXPO 2020 will definitely have a positive impact on this sector. Almost 3/4th of Dubai’s population are foreigners. Moreover, millions of tourists are visiting Dubai every year. Therefore, the scope for real estate development, property management, and brokerage is high. In addition, advanced technology added to real estate gives the customers a wonderful experience. There is huge competition here, however, with innovative ideas one can stack up high revenue. For details to start real estate business, click: How to Get Real Estate License in Dubai
The E-commerce market expects to have a share of Dh 12billion of local GDP by 2023. It’s the fastest in the MENA region. Dubai’s ‘smart government’ initiative has paved way for the growth of the E-commerce sector. Logistics, online shopping, digital payments, increased security are significant pillars of E-commerce. To know more about E-commerce in UAE click: E-commerce License in UAE
Dubai has a mixed culture. People from different parts are residing here. Business parties, meetings, events are present almost every day. Food is a major part of such events. Therefore, the demand for restaurants, cafes, coffee shops is high. Food delivery systems also have increased demand after the pandemic. For details about food delivery business in Dubai, click: Food Delivery Service License There is huge scope for the food business in Dubai. However, before getting into the food business, health and sanitization factors have to be ensured.
COVID-19 has posed a big challenge to the healthcare sector. Dubai’s health sector has coped with the challenges well. It has also brought in new opportunities for the health sector to expand and innovate. Health care sector in UAE expects to gross AED 39.4 billion by 2035. According to Dubai Industrial Strategy 2030, Pharmaceuticals and Medical Equipment is among the six priority sectors. To know more about the medical equipment business click: How to Start Medical Equipment Company in Dubai. Healthcare with innovation, medical tourism, expansion of healthcare centers locally is the three main investment opportunities in this sector.
Though travel restrictions are in place due to COVID, business regained its pace virtually. Investment in healthcare, real estate, technical services, e-commerce, and food business can prove to be fruitful in the present scenario. Besides, EXPO 2020 (All About Dubai Expo 2020) brings in loads of investment opportunities.