You can start a Retail Business in Dubai. However, it will depend on the type of products you are planning to sell. With an investment of 50,000 AED, you can open a brick-and-mortar retail business or online retail store. You could also use this startup money to start a small service provider business, as there are many different types of services that other businesses require.
Here are some of the most profitable business ideas in Dubai, UAE:
- E-commerce and Online Business
- Tourism and Hospitality
- Fintech and Digital Payments
- Real Estate Development
- Health and Wellness
- Education
- Event Management
Popular business ideas for Dubai include:
- Real Estate Agency
- Consultancy Service
- Beauty Salon
- Construction Sector
- E-Commerce Solutions
- Travel and Tourism
- Health Sector
Key Steps to Set Up a Business in Dubai:
- Choose a business or trade name
- Select a legal structure
- Apply for a business license
- Choose an office space
- Obtain pre-approvals, register your business, and secure your license
How to Form a Startup in Dubai:
- Select your business activity and jurisdiction
- Decide on the company structure
- Choose a company name
- Apply for a trade license
- Get necessary approvals and register your company
- Rent office space and commence your business