Millions of people across the world plan to launch their business setup in Dubai due to its suitability and modern facilities. Among such various popular business plans, one that has the highest potential in this competitive market is to open a supermarket in Dubai.

Dubai is known as the luxury hub of the world. The city built with ultramodern architecture, 5-star hotels, and lavish shopping centers is an array of tourist destinations. Along with its tourism and hospitality industry, Dubai is widely known as the business hub of western Asia. This is due to Dubai's most liberal and desirable environment for budding entrepreneurs.

Setting up a business from scratch isn't easy as there are risks at every step. Every business is unique, and each has its pros and cons. Setting up a Supermarket in Dubai would be beneficial due to its high demand but that is not enough for a business venture. One needs proper research in the field before stepping up in any trade. So let us now look at some advantages of the plan and things beyond that.

Benefits of Setting Up a Supermarket in Dubai

Necessities for sale- Food is a vital requirement of any state/country. It is neither a seasonal business nor a business with sales fluctuations even in a global pandemic. The pandemic has increased the profit numbers of supermarkets around the world. People need groceries throughout the year.

• Value for Money- Any business is called a value for money if it qualifies for two parameters. One is income covering the investment and loans. The other is profits above the investment level. Hence, the supermarket is a good investment value for money as they help you earn a lot of profit.
• Easy to start- Any business needs to undergo a step-by-step process as guided by the government of that area. The government of UAE has made it very easy to set up a supermarket in Dubai. The process is less time-consuming and simple.

Requirements for Opening a Supermarket in Dubai  

There are specific conditions to start a grocery business in UAE as specified by the government.

• Get Support- You must convince a local business in Dubai to sponsor your store. As per the guidelines set by the UAE government, a local sponsor is supposed to have a 51% share in your business and the rest 49% can be owned by you.
• License is a must- The Department of Economic Development handles all the business operations including supermarket setup in Dubai. You need to contact the authority to get a license and other registration papers for your business.
• Visas and Permissions- You need to study all the rules and regulations mentioned in the registration papers and complete all the formalities related to visas and permissions from various organizations.

Apart from the above-mentioned requirements, there are certain rules that you need to follow which apply after your store opens. For example, you are not allowed to keep pharmaceuticals and cosmetic products in a supermarket in Dubai. You need to be acquainted with all such rules before you set up a store.

Steps of Opening a Supermarket in Dubai

Although it depends on how you plan to get things done, yet there are specific necessary steps. Following are the steps that one should follow if they are planning on opening a supermarket in Dubai:-

• Research all the factors- Doing anything new requires you to study the procedures and all the other factors that come with them in detail. Study the location, products, existing stores, rules, etc., and then come up with a genuine plan.
• Look for a sponsor- A local sponsor is already mentioned as a requirement above. A UAE national will support your business and hold it back. The sponsor holds the maximum share in your business.
• Arrange funds- You need funds to start a business. The cost of opening a supermarket in Dubai can be covered with the help of local banks or sponsors as well.
• License and Paperwork- The last step is to approach the authority and get your supermarket license in Dubai. Along with it, there is other paperwork that you need for registration purposes and you are all set!

How much does it cost to open a supermarket in Dubai?

Dubai has claimed to be a business hub and hence the cost of setting up any business here is expensive. A resident visa would alone cost you something around 12000 Dirham. Apart from this, the license, registration cost, paperwork, etc. will cost you around 30000 Dirham. Overall, it can cost from around 1,00,000 to an indefinite Dirham to start a supermarket in Dubai.

In terms of time, official work can take from three months to one year.

How to choose the right location?

Choosing the right location is very important before registering a business in Dubai is the key to for growth. It affects the working of the business in various ways. For example, a location with lesser restrictions and more people living with fewer stores nearby is likely to give you profitable results. After you access the taste and preferences of the people of a particular area, you can modify the variety of products in your shop, and hence, you must keep these obvious factors in mind while choosing a location for your supermarket in Dubai.

How Avyanco can help you to set up a supermarket in Dubai?

A supermarket set up in Dubai requires attention to a lot of things which can confuse. To resolve these situations, several business consultancy firms have come up recently. Avyanco is one such firm that is specially designed to give consultancy or advisory services to businesses in Dubai.

Avyanco is a well-known firm that provides consultancy services for all aspects of setting up a store from visas and sponsorship to VAT registration. It can give you the best advice while keeping all the factors into consideration and hence result in getting you more profits. There are several packages available on the official website of Avyanco. You can choose one according to your requirements.

Setting up any business requires a lot of physical, mental, and financial investment. It does not happen in a day. The process is lengthy, expensive, and exhausting. However, with the right knowledge and decision-making ability, nothing is impossible. Supermarkets in Dubai s also need good interior planning. The way things are arranged, their sequence, and their posture affect a customer's mind. Hence, take your time, think it through, arrange all the required things, and prepare a perfect plan for your store.