1. Retail Business in Dubai - Though next simply to London, Dubai is recognized as a premier place for shopping by people across the world. The town state of Dubai is reputed to be home to more than 100 shopping malls offering virtually any product or service you are able to think about. There is virtually no other city in the middle-east that can offer exactly the doctors in dubai same level of comfort as Dubai does.
What make retail business in Dubai so attractive are the 2 major shopping festivals - Dubai Shopping Festival and Dubai Summer Surprises. Though malls dominate Dubai's skyline, it can also be common to see boutique style retail stores around Dubai. Retail business in Dubai is estimated to be around USD 17 billion annually. You might need a local sponsor to begin a retail business in Dubai. Market estimates have predicted a 15% growth rate for the retail business in the coming years.
2. Construction Business in Dubai - If you are likely to begin a construction business in Dubai, you can't find an improved place than here. You will find at least 2 major events - Expo 2020 and Dubai Wholesale City that's already attracting construction firms in hordes from all around the world. Along with massive investments in high-rise buildings and hotels, Dubai also plans to strengthen its infrastructure on a solid plane. Market surveys estimate the construction industry to develop by 9.3% within the next few years and peak around 2020 at the time of that time period of Expo2020.
Early indications are that Dubai spent more than USD42.2 in construction activities and potentially this can be more in the years ahead. The biggest patrons of construction industry in Dubai are the healthcare and hospitality industry. It is estimated that Expo2020 will alone need near to 160,000 rooms. To begin a construction business in Dubai, you will need to co-opt a local sponsor.
3. Food & Beverage and Hospitality Business in Dubai - It is but natural that F&B and hospital business in Dubai are destined to develop by leaps and bounds in the coming years. The government of UAE and specially the Government of Dubai have traditionally considered tourism and hospitality as engines for growth and nation building. Being an entrepreneur you are able to consider starting a restaurant, hotel chain, and café or hotel apartment. One of the major attraction for entrepreneurs may be the Dubai Sports City. The catering business in Dubai can also be in for major changes considering that schools in Dubai are among the major benefactors of the catering industry.
You will find 3 major sectors within the catering industry to select - quick service restaurants, casual dining places and fine dining. There is also a massive market for ethnic food and beverages. Due to the fact more than three-fourth of people in Dubai are foreigners, you can also choose a niche eatery that offers quality food at affordable prices to migrants working in Dubai.
4. Tourism Related Business in Dubai - Tourism is this type of wide sector and you will find endless opportunities for establishing a travel related business in Dubai. You can consider opening guide service, room booking and providing logistic supports. Within the tourism industry, you are able to consider a business linked to healthcare. Dubai is reputed to have some of the best hospitals all over the world with medical doctors and paramedical personnel working here. The government also invests heavily in the tourism sector and is one of many major areas by which Dubai hopes to become a world leader. Even conservative estimates say that by 2020 Dubai's healthcare industry will attract not significantly less than 0.5 million people generating a complete revenue of AED 2.6 billion.
Why is Dubai so suitable for tourism may be the forthcoming Expo2020 and the planned Dubai Wholesale City Plan. Both have the capacity to attract a million plus visitors annually in the immediate future. Dubai already includes a large accommodation capacity and occupancy is believed to be in the region of 85%.
