Most Profitable Business to Start in UAE 2024

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UAE provides numerous business opportunities for entrepreneurs. A number of businesses will thrive if well managed. Below we list some of the most profitable businesses to start in UAE and become successful.

  • Electronics shop

Electronics shop is among the best businesses to start in UAE.With a capital of AED 500,000 and above, you’ll be able to start the business.

Sell top brands like iPhone and Samsung if your focus will be on smartphone. You should also incorporate television and woofers.

  • Online e-commerce business

Create a website that sell products online. The website should include payment systems to make it easy for people outside UAE to pay.

Online e-commerce business should focus on clothes, electronics, smartphones and cosmetics.

The good thing about this business is that it doesn’t require a lot of capital.

  • Furniture manufacturing company

Furniture business will thrive in UAE,it’s one of the best businesses to start, but the capital required is high. You are required to set aside over AED 1 million for the business. However, returns are good.

  • Recruiting Agency

Set up a recruiting agency for local and international companies. Create a website and start posting jobs on it. Companies will pay you to post jobs. You will also connect local employers t employees from Africa and other Asian countries. The demand for domestic workers in UAE is high. Collaborate with agents from Africa to recruit employees for UAE citizens

  • Real Estate Property Company

Buy and sell property, rent houses and land. You can also become a broker of land where you market the property and earn a commission when the property is sold.

  • Travel & Tourism business

Register a company offering travel & Tourism services. Buy vehicles to transport tourists to various tourist attraction centers. Create a travelling agency to deal with matters to do with tourism.

Tourism in UAE is booming, it’s the best business to start here.

  • Car yard

Start a car yard for selling cars to locals and foreigners. The business is capital intensive but very profitable.

  • Online Taxi business

Buy a car and register it with online taxi company. Uber and Bolt are some of the best taxi companies in UAE.

Uber requirements in UAE

Documents required for UAE nationals in Abu Dhabi:

  1. Valid Emirates ID
  2. Driver license
  3. Private vehicle registration
  4. Valid vehicle insurance
  5. Passport copy (first and last page)
  6. Police Clearance Certificate
  7. Medical Fitness Certificate
  8. A driver profile photo
    • Must be a forward-facing, centered photo including the driver’s full face and top of shoulders, with no sunglasses
    • Must be a photo only of the driver with no other subject in the frame, well-lit, and in focus. It cannot be a driver’s license photo or other printed photograph
    • Must be a professional photo (i.e. passport photo; sized 4×6 inches)
    • Must be a photo of the driver wearing the national dress

Documents required for expat drivers under a Trans Abu Dhabi-registered limousine company:

  1. Valid Emirates ID*
  2. Trans Card / ITC permit*
  3. Vehicle registration* under the same limousine company name
  4. A driver profile photo
  5. Restaurant business

Start a restaurant selling local food. Dubai is one of the best places to set up a restaurant. Ensure that the foods served are fresh and well cooked. You should also target expatriates and foreigners.

  • Executive Salon

Women visit salon at least twice a month. An executive salon is a perfect business idea. Executive Salon business doesn’t require a lot of money—with AED 50,000, you are ready to go.

  • Cleaning services

Another profitable business in UAE is cleaning business. You will register the company and employ people to do cleaning work for your clients. This is one of the easiest businesses to start in UAE.

  • Grocery shop

Start a grocery shop for selling fruits and vegetables. The business will be booming.

  • Start perfume business

Register business for selling perfume. You will be selling genuine perfume to locals. You will never go wrong with this type of business.

  • Construction company

Start your own construction company for constructing houses for your clients. Real estate sector is booming, this is one area with so many potential clients.

With a construction company, you’ll be given tasks to construct houses and other structures. Your work is to register the company and assemble staff that will be doing the construction work.

  • Start a health facility

Register a clinic & Chemist for selling drugs and treating patients. You need a licence for you to start operating a clinic in UAE.

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