So many entrepreneurs come to Dubai with a dream of setting up a successful business there, and it works! That’s because Dubai has a booming economy with a great infrastructure, strategic location, and a competitive environment.
Here are the top 5 places in Dubai that have seen a recent surge of new businesses:
1. Al Garhoud
This area issued 15% new licenses in the first quarter of 2020. Al Garhoud is close to the Dubai International Airport, the City Centre Deira, and Dubai Festival City Mall. So, a convenient location is a big draw for those looking to setup business in Dubai.
2. Burj Khalifa
Burj Khalifa is part of downtown Dubai, which is a big tourist spot. The area saw a 12% increase in new licenses, mainly in the commercial industry. The area has severalluxury hotels, company offices, and upscale residences.
3. Oud AI Muteena
Oud Al Muteena is a residential neighborhood outside of Dubai that is located close to the airport. New businesses in this area grew by 6.5% in 2020. This spot is close to both Dubai and Sharjah, making it an ideal place for travelers and business owners.
4. Trade Center
This spot offers a great business location with a cost-effective business setup. An increase of 5.2% of new business owners took advantage of this location in the heart of Dubai. This location gets a lot of attention because it is close to the World Trade Center, which is known for holding global exhibitions.
5. Oud Metha
This family-friendly area saw a 4.8% increase in new entrepreneurs. Oud Metha is known for its several commercial and entertainment complexes. There’s plenty to do in the area with several restaurants, shops, and hotels around.
Are you interested in a new business setup in Dubai? Start with a free consultation at msz.