With the Middle Eastern business ecosystem growing as fast as advanced technologies, isn’t the UAE the perfect place to seed your technology startup – especially SaaS or mobile-based and then scale it for success globally? The answer is yes. In UAE, technology and digital-first businesses get an edge because it has the least barriers to entry and provides economies of scale in development and production. For example, mobile app developers in UAE offer some of the most competitive hourly rates in the market. Similarly, middle eastern audiences utilizing smart technologies have some of the highest acceptance rates for new digital products. If you too are an aspiring entrepreneur planning to build and launch a technology business in UAE, here are 6 ideas that are still fresh:
- Healthcare App
Healthcare is one of the most critical and thriving sectors in the Middle East. With the diverse population in UAE, the region needs telemedicine, personal wellness, mental and physical healthcare apps to bridge the gap between medical services demand and supply.
If you are interested in developing in the medical niche, there are a myriad of options – but pick one that you are well-versed in topically and one that you can easily acquire HIPAA compliance in.
For ideas, you can develop a comprehensive healthcare app offering telemedicine services, online doctor appointments, health tracking and medication reminders. If you want to launch an app with more expansive scope, consider implementing AI for symptom analysis and personalized health insights.
A health-tech startup, or a telemedicine mobile app development cost may start from AED 50,000 to 150,000, covering app development, security measures and initial marketing efforts.
With a team of mobile app developers, you’ll need a healthcare practitioner or a medical professional onboard. You’ll also need assistance from AI specialists and security experts especially if the app will collect and process personal, identifiable data.
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- Online Magazine
This idea is for business opportunists who want to start a tech-based venture in a small budget – but this idea does require strong topical authority because monetization will strongly depend on topical authority and subject matter expertise. Think of a domain or micro niche in which you are expert – and can discuss your opinions. It should be a niche that is in demand: for example green technology, recombinant innovation, AI-based smart home automation, home-based businesses, online passive money making, real estate investments for beginners etc.
Then create a visually appealing online magazine covering niche topics with multimedia content. Increase the readership of the online magazine then Implement subscription models, sponsored content and targeted advertising for revenue.
As mentioned earlier, this is one of the most budget-friendly online business options and all the more so if you can generate presentable content – whether on TikTok videos, linkedIn posts, Instagram reels or blog articles.
You’ll need a domain name which can cost anywhere between AED25 to AED500. Then you’ll need a hosting provider, costing around AED 3000 per year. You’ll need to work with a team of web developers in Dubai, a writer/proofreader and a social media executive for designing social media posts for diverse platforms.
- Virtual Events Platform
Event places, banquets and corporate venues have always been in demand. And now, as the world is shifting to remote culture, virtual events platforms are gaining traction. You can develop a virtual events platform with interactive features, networking opportunities and content delivery options. Implement ticketing and sponsorship models for revenue.
Initial costs may range from AED 50,000 to 200,000, covering platform development, server costs and initial marketing.
You’ll need a typical team of app developers in UAE, a marketing professional well-versed in internet promotional techniques and a business development representative helping clients set up and use the platform.
- Language Learning App
Building onto the cultural diversity of the Middle East, you can create an AI-driven language learning app that adapts to individual learning styles, offers pronunciation feedback and integrates real-world context for better retention. There are AI language apps like Elsa Speak, which perform closely to what you can replicate in the Middle East.
It can have a chatbot for speaking and listening practice and features to hire human tutors on subscription models. Training such AI algorithms is expansive and expensive in terms of time and cost.
Initial costs may range from AED 70,000 to 250,000, covering app development, content creation and initial marketing.
You’ll need a team of app developers in UAE because they will better understand the source of language data, language experts, AI specialists and UX/UI designers to bring such app to life.
- Smart Home App
Smart homes are growing around the world. And after breezes of this growth in the Americas and Europe, Middle East is all set to automate the basic to advanced functionalities in their residential and commercial properties. We already have apps to remote control the thermostats, cameras, geysers and lights, it’s time to automate childcare and petcare too.
You can develop a smart home app that integrates with various devices for seamless control. Implement AI for predictive automation, energy optimization and security features. Such apps use advanced architectures based on Internet of Things and basic AI algorithms. The system has several sensors associated with one central hub which collects and passes data for app performance.
These apps require investment and a major chunk of the total cost typically goes to app development, partnerships with smart device manufacturers. After launch, testing, maintenance and marketing do take a budget. Initial costs may range from AED 150,000 to 350,000, covering app development, security measures and initial marketing.
For technical deliverables, you’ll need a team of app developers, AI specialists, UX/UI designers and IoT experts.
- AI-Powered Fashion Stylist
Fashion stylists will never go out of demand. But what if your app could provide this luxury to everyone on their fingertips? Just wonder how many times in a week, or even days will your busy middle easters business and non-business users connect with your app. Yes, you can create an app that utilizes AI to offer personalized fashion recommendations, virtual try-ons and trend predictions based on individual preferences.
You’ll need a budget for training AI models, prototyping the app, mobile app development, AI integration and marketing to establish the platform in the fashion industry. The initial costs may range from AED 80,000 to 200,000, covering app development, AI integration and initial marketing.
You’ll need a team of app developers, AI specialists, data scientists, fashion stylists and UX/UI designers.
Conclusion
Once you are sold on one idea, the next step is to perform competitor research and trend analysis. Then partner with a team of AI specialists and app developers in UAE and start completing the KPIs of the program. Once you have built, take your time in testing the performance of your tech venture and then market it globally.