Dubai is a vibrant city that is always on the go. The city is best known for its massive skyscrapers, sprawling shopping malls, and lavish resorts & hotels. However, such structures require constant maintenance, which has increased the need for technical services.
Dubai is also home to a large working population who spend most of their time at work. With an increasingly busy lifestyle comes an endless list of things to fix, repair and put together. Finding the time to get these tasks done can be a challenge. Moreover, some of these can require more than our average do-it-yourself knowledge.
Technical services include a wide range of professional services such as installation works for false ceilings and light partitions, carpentry and flooring, painting and insulation. They also include plumbing and sanitary work, metal parts erection, tile work, and so much more.
The demand for technical services is at its peak in Dubai as people are always looking for skilled workers and trusted agencies. According to a report by Research and Markets, the UAE facility management market, which largely covers technical services, is expected to be valued at USD 34,959.4 million by 2030.
How can a technical services business profit you?
- Low start-up cost
The start-up costs are low for this business if you already have the tools and equipment needed. The maximum cost will be applied to office, license and registration, office supplies, marketing and advertising.
- Flexibility in business
Technical service is a great business to start on a full-time or part-time basis, depending on your preference. You can focus on residential and/or commercial services. Referrals and word-of-mouth make for great marketing tools.
- Potential for high profits
If your services are satisfactory, you can bag recurring customers as people prefer sticking to a familiar and trusted firm when availing similar services over time. There is also an opportunity to earn more profits if you specialize; for instance, working exclusively with real estate agents.
- Low overhead expenses
After your initial investment, there is very little other company expense involved in this type of business besides paying for insurance and utility bills.
Set up your technical services business in Dubai
UAE is ranked as the easiest place in the whole of Middle East for setting up a new business, according to World Bank’s Ease of Doing Business 2020 report. And within the UAE, Dubai leads as the most ideal city. This is because of its wide availability of resources and a favorable business environment. Additionally, the city’s exponential economic growth has made it susceptible to various developments, thus unfolding new avenues for business growth and profitability.
If you have a well-rounded knowledge of how to fix things, Dubai offers great opportunities for technical service businesses. At Flyingcolour, we provide a simple and effortless approach for setting up your business in Dubai. If you are interested, reach out to us at +971 4 4542366 or email us at firstname.lastname@example.org.
*Please Note: This article was published on 01st June 2021. The information provided in the article is based on the policies and rules applicable at the time of writing it. Talk to one of our consultants for any recent update or change.