Making money isn’t difficult, especially in this technologically-advanced age. We’ve seen the magical ways technology and skills can come together to create new opportunities! In a dynamic city like Dubai, people are always counting their pennies since the cost of living is quite steep. But if you use your skills wisely and are financially responsible, you can find yourself having an additional income easily. While there are multiple resources that can teach you how to make money in Dubai, this blog will highlight the most effective ones.
Teach your skills
Learning new skills is one of the most fulfilling experiences in life. The idea of being able to use your interests and strengths, to create a career for yourself that you’re passionate about, is difficult to ignore. If you are wondering how to make money in Dubai from home and have the means, you should definitely consider taking online tuition. It is an incredibly meaningful way to earn money at home. You can conduct your online classes using tools like Skype, Google Meet, or Zoom if you can gather students through word of mouth or marketing your services.
Depending on where you live, there is a multitude of online portals that teach everything from languages to music lessons and dance classes. These businesses provide opportunities for people like you to meet others worldwide who would be interested in turning their interests into learning opportunities through your guidance and instruction.
In addition to teaching online, you can host a webinar. Participating in discussion groups as well as forums is another way to build up your audience. It is also a great way to attract more potential students.
YouTube
While there are many students who enjoy learning via the internet, making videos and uploading them to Youtube can be a way to reach people all around the world. You can record yourself teaching or practicing and this can help you sell products on your website or blog, as well as attract sponsors and/or advertisers who would appreciate what you’re doing or what you have to offer. If you are interested in reaching a wider audience than just those who live near where you teach, try setting up a YouTube channel.
Sell your art
If you’re into arts and crafts, then you should start making some money on the side by using Etsy. This site is known for buying and selling handmade art and prints among other things. So, if you use it to sell your works of art, you’ll soon be able to make a profit! As an entrepreneur who wants to build your own business, here’s something else that may be useful- setting up a dedicated Instagram account. Even if it takes longer to create content there than it does on an account that is tied to an online store, marketing yourself as an artist or crafter will give you a presence online that you need in order to get noticed by potential clients.
Indulge in photography
If photography is your passion, then you may be able to leverage it into a profitable side business. There are many platforms that would be happy to host your pictures and sell them depending upon the number of downloads they get. Sometimes you can earn rather large sums from a single photograph sale if it catches someone’s eye!
Participation in online contests or photo-sharing sites can also help spur interest in your work. This might lead to new opportunities for showcasing your photography prowess. Some of the well-known photography sharing portals include Shutterstock and Getty Images.
Freelance
Being a freelancer while also working full-time presenting to customers is no easy feat. However, there are ways to help make the process easier. For example, you can use websites like Upwork and Fiverr to find work. These websites allow users to post job listings and then qualified professionals like yourself can apply for each one. If you are skilled in certain areas such as web development, designing, or content writing, it is possible that you could even earn decent pay for these jobs. They can be done remotely so your full-time schedule won’t ever be too disrupted by your freelance projects. If it picks up, you can turn this into a full-time business. Freelancing is a sure way of leveraging your skills to make money from your home in Dubai.
Develop
If you have ever wondered which jobs make you rich in Dubai, we suggest you take to the internet to find developer jobs on LinkedIn and Facebook. In these social networks, freelancers often meet up with clients looking for someone who can work on their projects. Nowadays, Dubai-based professional companies also look for developers to help build freelance projects from home!
Translate
If you speak multiple languages and like the idea of translating others’ words, then look into obtaining a translation certification. Translators are in great demand in countries where the population does not speak a common first language. Translation is a great way to make money in Dubai since the population majorly comprises ex-pats. It can be a nice way to make some extra cash while pursuing other passions, too! For more information on opportunities with languages, check websites like Welocalize, The Word Point, and Speakt.
Blog
Blogging is currently trendy as a viable source of revenue for website owners who are willing to share their knowledge and opinions on various topics. One can easily create a blog about whatever they’re interested in and find readers who will come back regularly to check out new articles. Bloggers can gain monetary rewards through ad placements, product reviews, and writing guest posts for other blogs where the writer will be paid an agreed-upon rate per word or per click on advertisements. Platforms like Wix, Web Flow, and WordPress act as great tools for beginners and advanced-level website builders to create a blog.
Test websites
There are several online companies at this moment that are willing to pay you for simply giving them your feedback. That’s right, you can make some money at home in Dubai by filling out surveys! Sites such as Usertesting.com test websites and new features for top brands. They are always looking for people to take part in their surveys. Some of these top brands include Facebook and Adobe. You’ll receive some cash in return when you sign up and complete the survey. Why wait? Sign up today to start earning!
Run advertisements
As a website owner, a technique you can use to make money is signing up with Google Adsense. You can earn money on each ad a visitor clicks while visiting your website. Each click on the ad will redirect your website traffic to the advertiser’s website. They can pay you based on how many times visitors view their website. Another way is by running podcasts where advertisers will pay you each time someone listens to their podcasts.
Moderate exams
When it comes to earning money as a side hustle, the options are limitless. There are a lot of ways to make money as a side hustle and for those who are already in a full-time job, it’s a great way to make extra cash. Moderating online not only gives you extra cash but is a great way if you want to make money from home in Dubai.
Consult
Are you an expert in any particular area, and are looking for a new source of income? Or simply have a passion for helping others? There are many opportunities online to help those looking for direction in their lives.
For example, if you are well-versed in social media and marketing, there are plenty of people who need your services. You can show them the ropes by setting up their company’s social media pages. They may also want your help networking through social media sites on a daily basis. Lots of companies need guidance when it comes to promoting their products via marketing— which is something that most entrepreneurs may not be skilled in specifically. Have a special talent? There are ways that you can market your talents to companies in need!
Sell on Amazon
Amazon is one of the largest US-based e-commerce platforms in the world with a few million active users. In addition to selling e-books, digital music and video streaming, and web services like web hosting and blogging, Amazon offers its “Merchant Services” business model allowing third-party businesses to sell their products through them instead of doing so independently. This means that the Amazon name becomes an extension of the said business.
Travel agent
If you have a passion for travel, then this can be the best kind of job that one might consider. An online travel agent helps people to plan their travel as a career. They usually work with hotels, transport providers, tourist spots, and so on to gain commissions. You may also choose to build an entire website of your own in order to encourage online conversions.
You may also tie-up with local guides who could help tourists during their visit to tourist spots or historical sites. Such opportunities are available on a freelance basis if you’re looking to do this part-time. This way it won’t cost much either on running costs as you create your list of contacts for future reference.
Provide accommodation
If you are still thinking about how to make money in Dubai from home, turn your house into a guesthouse! It’s not very often that people can be able to afford to own a property in Dubai. The economy has really gone up and there are many who are trying their hands at property development and flipping it. To maximize the profit from all your hard work, you can rent out a room or your entire apartment to tourists and travelers. Whether it’s just living with a family or even renting out to tourists and business travelers who require temporary accommodation, you may find that the demand is rising. This only means an added income with minimal effort.
Manage social media
The United Arab Emirates is host to people of varying backgrounds and interests. For this reason, you should aim to target a wide-ranging audience through the medium of social media. It stands out as a near-perfect choice for the promotion of an entity’s agenda, goals, and objectives due to its widespread accessibility. Setting up a company’s social media platforms and providing client support through these means can be a great start to running your own business! However, before you do so, you have to obtain an E-Trader license. As part of it, you must follow regulations concerning licensing and marketing your business by the government formally.
Invest
Investing can be a source of income by itself and an excellent source of support for your main income. If you invest in the right place and at the right time you can make some serious money. This is especially true if you invest in real estate which can be very profitable in the long term, especially in a city like Dubai where there is a lot of demand for property.
When it comes to investing your hard-earned money, there are multiple ways to go about it. A very common way is by putting your money in savings bonds which are undoubtedly safe and secure. Another way would be more of a wild card, like investing in stocks. There are also some cryptocurrencies out there that have yet to become mainstream. Still, they are good enough to generate impressive returns if invested wisely.
While building your investment portfolio, though, the conventional pro tip would really be the classic strategy of getting into a diversified portfolio of stocks and bonds where your money can grow steadily over time without you having to worry about your investments becoming too much of a risk.
Also read: A Guide To The Best Investment In UAE
Conclusion
Figuring out how to make money in Dubai is not as difficult as you might imagine. There are just a few skills that you need to master and once you’ve done that, many doors will be open for you. It helps to have some sort of idea or a goal because the fact is that various online businesses run differently. So, before you get started when making your own money online, target something which interests you the most and something which would be fun to pursue and earn a sustainable income from. Otherwise, it might become tiring during your process and create stress within your head, rather than accomplishments on paper!
If you already have some savings, consider consulting a financial advisor. They will be able to provide unbiased and feasible investment options based on your personal goals to maximize your wealth.
About Khalid Shamim
Khalid Shamim has been in the financial industry since 2004. He believes his previous tenure with ABN AMRO Bank, Dubai and UAM (Universal Asset Management), Geneva were an ideal foundation for his work as a wealth manager.
Qualified to CISI (Chartered Institute of Securities & Investments), UK and always ready to help expats align their investments and create wealth through Structured Notes.
