Dubai in the United Arab Emirates has always gained the limelight for doing things differently compared to the rest of the Middle East. This is because it has been focusing on providing emerging opportunities to the local as well as foreign investors for starting a business in the commercial capital of the country. Moreover, the government has also implemented constructive regulations for start-ups and SMEs (Small and Medium Enterprises) to open business in Dubai easily and conveniently as well.
However, people misunderstand many a time that a large sum of investment is required to start a project in Dubai and eventually reap optimal benefits out of it. But it would be a surprise to know that you do not need to have a hefty amount in hand for Dubai company formation. Therefore, this article will share with you some basic business ideas that can be started with a minimum or almost no budget.
List of ideas to open business in Dubai with a low investment
Food business – Restaurants, Bakery, Home based catering services
The restaurant and café business has always been one of the most profitable businesses in Dubai, especially after the whole pandemic situation. Since most of Dubai is occupied by countless bachelors as well as single immigrants, the food business tends to be more in demand. Hence, you can initiate your own food delivery business in Dubai either by opening a restaurant or by starting a home-based catering service. The restaurant might require a considerable amount of investment in the initial phase, however, a catering business can be established without spending even a single penny. This is because you don’t require a dedicated shop or commercial space for your business operations. Moreover, you can promote your business through social media channels or other online channels. Further, if you satisfy your customers with good quality food and prompt service, you will assuredly get the optimum word-of-mouth publicity.
Consultancy services
Several businesses and corporations are operating in Dubai. However, their success lies in the correct planning and strategy that the entrepreneur applies to the business. but most of the time, people lack information and are unaware of many things. Hence, they need some assistance to provide in-depth knowledge about what is good and right for their business. this is where consultation services are required. Any individual who is qualified enough and holds experience and expertise in a particular field can become a professional consultant and start a consultancy agency in Dubai. Consultation business is indeed one of the best low investment ideas to open business in Dubai. Besides, consultancy services can be related to any subject. For instance, legal consultancy, business consultancy, IT consultancy, marketing consultancy, management consultancy, finance consultancy, and many more. Nonetheless, you must first acquire a legal permit and approval to initiate this business in Dubai.
Dubai company formation experts in Shuraa can help you set up a consultation agency based on your knowledge and proficiency. They can also assist you with the licensing process without taking much of your time and money.
Real estate & property management
There are thousands of real estate investors in Dubai. Anyone with the relevant knowledge and experience can start a real estate business and turn it into a profitable venture in a quick time. Moreover, if you aim to provide trustworthy services, it will soon elevate your value among the clients. The other way of earning extra profits from the real estate business is by offering independent services as a personalized property manager. Many a time, property owners are away from or have their hands full with other important work. In such situations, they appoint managers to manage and initiate the sale of the property. Thus, as a manager, you can discuss your own terms and charges and make additional profits for your pocket.
Besides, you don’t need a huge amount of money to become a real estate manager. If you have an impressive resume, remarkable experience, and enough confidence, you are good to go.
Content development/Copywriting
Content writing or copywriting is currently the most low-risk, prolific job in Dubai with no fuss. If you have exemplary writing skills as well as the ability to think creatively, then you can provide content for websites, blogs, and social media posts. Your credibility and timely delivery of services can not just enhance your skill growth but also take you to higher levels. So, all you need is a desktop, good internet connectivity, a creative mindset, and writing skills.
Handyman services
Dubai is an industrious and competitive economy. Big corporations and companies are always in need of handyman services such as plumbers, electricians, wiring experts, etc. for the regular maintenance of their company equipment. You, as a handyman service agent, can recruit such skilled workers on a contract basis and hire them out to companies. All you need is the right connections, proper advertisement, and smart planning and management.
E-commerce
The covid-19 pandemic came as destruction for many companies. However, it accelerated the growth of many online businesses and stores. For example, E-commerce. Post the pandemic, the demand for e-commerce has increased among consumers in the UAE. Hence, it has opened new ways for investors and business owners to earn profits from this particular industry.
Similarly, many popular brands and big businesses are also leaning toward online selling to add extra to their earnings. Thus, starting an e-commerce business in Dubai can be a success. Also, it can be an affordable business opportunity as it does not require a great asset or capital.
Travel & Tourism
UAE is not just a desired location for business setup. It is also one of the top tourist destinations in the world. Apparently, most of the contribution to the UAE’s economy comes from the tourism and industrial sector. The major attractions such as incredible structures, beautiful hotels, grand malls, beaches, etc. tend to lure tourists into the country. Besides, millions of people from all over the world visit Dubai for both leisure and official purposes. Therefore, opening a travel and tourism agency in Dubai or anywhere in the UAE can be a profitable business idea.
You may like it: IFZA Company Formation in Simple Steps
Cosmetics store
Dubai is also popular for being a prime destination for luxury products such as cosmetics, skincare, jewelry, etc. Since it is also a major tourist spot, visitors from several countries shop for their favorite products and brands here. Besides, people love spending money on high-end make-up and beauty products. Therefore, this sector tends to thrive and generate better sales in Dubai.
So, if you plan to open a cosmetics store in Dubai, you have several options of products to sell. For instance, fragrances, Hair care products, Skin-care, Make-up, and many more.
In addition, there are many other options to open business in Dubai with a minimal budget, such as –
- Tutoring
- Digital Marketing
- Textile stores/botiques
- Hair salon & beauty parlor
- Art & craft business
- Technical services – Installation, Repair, Maintenance
- Recruitment services
- Bookkeeping
- Web development
- Construction
- Healthcare services
- Security services
Reach out to Shuraa Business Setup and discuss your objectives for a fruitful solution. We have a plethora of business startup ideas. Our experts will guide you through them and help you choose the right one depending on your knowledge, experience, and abilities. Further, you can turn your small business idea into a large enterprise with dedication and commitment, and of course and full assistance and support.
If you need any further details on how to open business in Dubai, visit www.shuraa.com or email us at info@shuraa.com. You can also connect with our agents at +971 44081900.