Starting a new business in Dubai or even moving a running business there from any other part of the world is not something that comes easy. Dubai is gradually freeing its economy from dependency on oil and focusing on services industry. That's why the city has kept a firm focus on establishing more and more businesses regardless of their type and size. In its effort to strengthen the emirate's business sector, international businesses have also been encouraged to move to the city. If you also want to establish a new business in Dubai, or move your running business to the city, there are many things you should consider.
The success of any business depends upon one crucial factor: location. No matter how well planned and managed, no business can flourish if it's not located at a commercially viable place. But acquisition of a suitably located commercial property in Dubai may prove to be a very hard nut to crack. Though there have been several commercial real estate developments in Dubai over the past few years, the supply still doesn't fully meet the increasing demand. So it becomes really hard to get a desired commercial property for sale or rent for the one wishing to establish a business in Dubai. But this problem can be solved if you have good contacts in the market and keep yourself in close touch with property classifieds. Doing this will inform you about the agents and individuals who sell commercial properties in Dubai.
The next big thing you require to start a business in Dubai is a sponsor who has to be a UAE national. This condition doesn't apply if you want to open a business in a freezone. But unfortunately, the free zone is no place for small businesses and if you've big plans ahead and can afford a commercial property in a free zone, that's the best location. Some of the commercial properties in Dubai that have seen the highest demand are office spaces, warehouses, labour houses and shopping centres, and the most preferred location for all these properties is a free zone. On other locations, you can't do without a sponsor. Suppose you want to start a food business and even buy restaurant in Dubai, you can't run it without partnering a UAE national.
After all is done, an office space in Dubai is something you need anyhow. You'll find hundreds of offices for sale in Dubai and you're free to make a choice. But here too you have to be careful about the location of the office which holds the key to your success. Once the business starts flourishing, depending upon its nature, you might need some additional space to store your increased inventory. For this, you can either buy a warehouse, or go for warehouse rental in Dubai. If your business is big in size, you may need a larger and better place to accommodate your employees for which you can either buy a labour house in Dubai or opt for rental.
In the end, all that remains for you to do is to enjoy seeing your business flourish. Good luck!
