Dubai business opportunities are in plenty. For those who look for business opportunities in Dubai, there are four major sectors to consider for doing business in Dubai.
- Service sector.
- Trading sector.
- Real Estate and construction sectors (property development sector).
- Manufacturing sector.
These sectors contribute around 74% percent of the emirate’s non-oil GDP.
Service sector is the largest business sector in UAE and hence offers the best business opportunities in Dubai.
Business Opportunities in Dubai Service Sector.
The service sector makes up the largest percentage of the city’s GDP. Service industry is the fastest growing sector in Dubai. Efforts to improve the e-commerce infrastructure and importance of tourism sector are driving the service sector and its growth in the emirate. Major business opportunities in Dubai in service sector include the following major categories.
Hospitality sector is one of the fastest growing sectors in Dubai. Many business opportunities exist in this sector for doing business in Dubai.
- Travel services etc.
Specialized Consultancy Services.
If you are an industry expert with broad knowledge and experience in a particular industry or business function, you can consider consultancy services as a great business opportunity in Dubai. Doing consultancy business in Dubai is both easy as well as rewarding.
- Industrial consultancy services.
- Process consultancy services.
- Legal consultancy services.
- Financial consultancy services.
- Investment consultancy services etc.
Dubai business opportunities in IT services are rewarding as well as challenging. A growing population, increasing e-commerce activities and growth in number of businesses provide great opportunities for doing business in Dubai. One sector that has benefited from this growth is the IT sector. World-class infrastructure facilities from the telecom service providers have facilitated further growth in this sector.
- Software development services.
- Web design and development.
- IT consultancy services etc.
Media and Advertising Services
Media and related activities in Dubai is one of the fastest growing categories in the region. Dubai is the media hub for the entire MENA region with the presence of global majors in the city. Business opportunities in Dubai in this category include;
- Media buying
- Media production
- Printing and publication
Dubai Business Opportunities: Business Opportunities in Dubai Trading Sector.
Dubai is a global hub for trading and logistics activities. Excellent infrastructure facilities such as ports, airports, free zones etc fuel an unprecedented growth in this sector. Great opportunities exist in the following categories for doing business in Dubai;
- Building materials.
- Food products.
- Household items.
- Metal products.
- Medical devices.
- Paper products.
- Electrical equipment etc.
Dubai Business Opportunities in Real Estate and Construction (Property Development).
After the peak growth between 2002 and 2008 and the set back during the period between 2009 – 2012, business opportunities in real estate and construction sectors have started showing positive growth. Many projects that were once put on hold have been restarted. New projects are announced to further boost the property development sector. For doing business in real estate and construction sectors, the following activities can be considered.
- Property development.
- Construction contracting.
- MEP contracting.
- Property management.
Business Opportunities in Dubai Manufacturing Sector.
Traditional strength of the economy of Dubai has been trading. But the manufacturing sector is as important as any other major sectors today. Dubai business opportunities in manufacturing sector exists in the following areas.
- Plastic products.
- Food processing.
- Steel and other metal products.
- Chemical products.
- Auto components etc.
The manufacturing sector has been identified as a strategic sector for not only Dubai but also for other emirates in UAE.
Dubai business opportunities are challenging but rewarding. There is no short cut to success other than your hard work, planning and execution. If you have already identified the business opportunities in Dubai suitable for your investment and are looking for further assistance in company registration in Dubai, please read our articles on “Dubai Free Zone Business Setup | FAQ” and “Dubai Business Start up Procedure“. We hope this article on Dubai business opportunities is of some guideline for your future success.