We have seen this earth change since time immemorial, and now the beauty of this earth has peaked. The most attractive tourist destination in the United Arab Emirates, Dubai, has many sights and beautiful beaches, not to mention the skyscraper infrastructure. Dubai's world-class infrastructure is attractive not only to tourists but also to entrepreneurs, offering a rich culture, high standard of living, growing GDP, a tax-free environment and flexible business opportunities.
Dubai has many mega construction projects on its way in the future. There are also several projects underway for the 2020 World's Fair. The United Arab Emirates had the high-rated construction projects in the Gulf Cooperation Council region with $319.1 billion. All these facts involve one thing: there is no better time than now to start a construction company in Dubai.
Opportunities in the construction business in Dubai
One of the most invoicing companies in the UAE is construction. Dubai is home to the world's tallest building, Burj-al-Khalifa, and the world's tallest residential building, Marina 101. There is also the Princess Tower and Burj-al-Arab, which are some of Dubai's most notable structures. .
The Dubai government has approved $7.8 billion for the expansion of Dubai International Airport and a $6.8 billion renovation project for Abu Dhabi International Airport. Not forgetting that Dubai will host the 2020 World's Fair, which offers numerous opportunities in the construction sector.
The Dubai government has invested heavily in the development of the travel and tourism sector. Promotional activities of the world's first artificial island, i.e. Palm Jumeirah, increasing daily. Other projects are also underway such as Dubailand, Arab Channel and others.
Different Steps to start a construction business in Dubai
1. Before starting a business in Dubai, the first thing you need to do is determine whether you intend to set up a company on the mainland or a company in the Free Zone.
2. The next step would be to start the process of registering the company with the Department of Economic Development (DED). The construction business belongs to the category of the commercial sector for which a commercial license is required. This license is an official permit to establish a company in Dubai.
3. After obtaining a commercial license to start a business in Dubai, the next step would be to hire professionals such as engineers and commercial consultants in Dubai to apply for "building permits" on your behalf.
4. Soil assessment for construction and determination of soil properties will be the work of professionals, which is the next important step.
5. Other activities include obtaining a "building permit" from Dubai City Council for the Continental Company. In the case of a free trade area, it is called a G+ 1 permit. There are other licenses that can be obtained, such as environmental license and civil works permit.
Permits and permits required for a construction business in Dubai
- A building permit, which also includes pre-construction work.
- For a building permit, the contractor must submit the construction plans of the proposed building to the competent authority.
- An environmental permit from the competent authority
- A permit from the Road and Transport Authority to access the road and the internal road network for transport purposes.
- Approval by the competent authority for the disposal of hazardous waste is required.
- Approvals from government agencies in Dubai related to utilities such as a Dubai Water and Electricity Authority (DEWA) permit for water, electricity and sewerage and an Etisalat permit for telecommunications
- Dubai Civil Defense NOC (DCD) for Dubai Airports Company and other related government agencies
- A certificate of completion of the building that allows the occupation of the building.
The construction sector in Dubai is booming and is expected to reach new heights over the next 3-4 years. We saw why Dubai is potentially the best market for the construction business. A country with so much potential for a single sector of its market is absolutely extraordinary.