How to make money online in Dubai

12 Ways to make money online in Dubai

Post pandemic has opened more opportunities to make money online. More and more companies are turning into getting freelancers. The demand for remote location work is also increasing. Making money online is not the same as before. If you have the talent and skills you can earn from the comfort of your home. If you are starting out, focus on honing your skills while learning how to make money online.  Extra skills can always help in keeping a financially balanced existence, whether they are the primary source of income or a secondary source of revenue. It is necessary to be financially strong, especially in a city like Dubai where the cost of living is fairly high.

Due to the pandemic, the cost of living is rising, and the current COVID-19 situation encourages us to stay at home and protect ourselves from the virus. It’s not a good idea to rely on savings during this confinement. As a result, learning how to make money while being at home will be beneficial. Here are some ideas you might be interested in.

1. Blogging

One of the proven sources of income, it can also be passive depending on the blog you will create. You can create a blog according to your interest or knowledge in any niche you want to cover. Having a successful blog can be monetized, by running ads and affiliate links. Niches can be travel blogs, food recipes, “how to” blogs, tutorials or tips and tricks. Starting a blog will require time and dedication to see traffic. This can be a side hustle while you have another source of income.

Here’s the traffic and income of the new blog for around 10 months with few pages and not regularly posting content. This blog has the potential to grow, creating more content and updating it regularly.

2. YouTube / Facebook Video

This is like blogging but in video form, where you can earn through ads and sponsorships. You can cover topics of your interest like product reviews, cooking, life lessons (self-help), tutorials (how-to’s), cover songs, pranks and many more. Same as blogging, requires time to build and create content.

3. Online Tutor

With your knowledge and expertise, you make money by offering tutoring lessons. You can do Arabic tutoring for beginners or teach Quran. Others might be academics like math subjects. You can also reach an international audience not only here in Dubai. 

Superprof
Teacheron
Tutor
Myprivatetutor

4. Selling Courses Online

If you are passionate about teaching, you may consider creating your courses and selling them online. Unlike tutoring online with one on one students, you can distribute the courses in a marketplace. You can start with Udemy or Skillshare.

1. Udemy for launching your first course
2. Skillshare for teaching creative skills

If you want to know more about the payment and earning potential, the course topics and structure,
the course approval process, student reviews and management and affiliate program click here.

5. Freelancing

Freelancing covers a lot, from creative jobs, and fitness instructors to administrative jobs. There are a lot of websites where you can offer your skills. It can be graphic designing, creative copywriting, translation, transcription, administrative jobs or online personal assistant and more. Depending on the job scope you can work 3 to 5 hrs a day. Unlike blogging where it takes months to see results, you will get paid immediately (no work no pay scheme).

Fiverr
Freelancer
Upwork
Guru

6. Stock Photography or Video

If you have a passion for taking photos or videos then you can sell your photos or videos to stock photo sites and earn commission on every sale you make. Stock photography has been the go-to option for creatives or ad agencies who don’t have the resources or time to take photos or videos. You can offer your files to
Dreamstime
Smugsmug
Shutterstock
Fotolia | Adobe Stock
Gettty Images | iStock
Deposit Photos

Royalties for selling stock photos or videos vary. You can maximize your earnings by submitting your photos or videos to most of the stock photo agencies as long you are not exclusive to one agency, you can distribute your photos and videos to agencies you want to put your portfolio.
Here are some sample earnings of a small and beginner portfolio.

The earnings show a relatively small portfolio with less than 500 photos and have never been updated since the first and second batches of uploads. You can use the same images on different stock photo sites. As some photos earn more on one site and less earning on other sites. To maximize the ROI on every image, submit to as many stock photo sites as you can as long as you didn’t sign exclusivity to one stock photo site.

7. Affiliate Marketing

You can do affiliate marketing with paid or organic traffic. For organic traffic, you will rely on your website traffic to get potential buyers else you can do paid ads to sell affiliate products. To start you can apply to websites like Maxbounty that offer affiliate products. Once you have an account, you can do ads on Facebook, IG or native ads depending on the product(s) you are promoting.

8. Selling Arts and Crafts

If you are doing handmade crafts or creating your unique products or have vintage items, you can sign up and sell on Etsy. Etsy is an online marketplace that connects buyers and sellers. You can list a wide range of items from home décor, furniture, toys, art, custom-made jewellery, bags, vintage items, clothing as well as craft supplies and tools.

9. Selling Online

Opening an online store and selling products online. You can start an online store without the hassle of doing your own website you can start looking at Fulfillment by Amazon, Mumzworld or Instashop these websites can help you to sell your staff online. If you want to have an e-commerce website – you can try Shopify.

10. Sell Your Digital Designs

If you are a graphic designer, you can sell your design on print-on-demand platforms like Printful or TeePublic. They offer a wide selection of products from shirts, hats, jackets, hoodies, jackets, socks, mugs, posters and many more. You provide the design and they will take care of the rest, from taking orders, and printing to shipping.

Just upload your designs and it can be printed to t-shirts, stickers, mugs, hoodies and more.

11. Copy Trading

This is a form of passive income, if you don’t have the knowledge (or just starting out) in trading or investing in the stock market or crypto market you can leverage others’ expertise to profit from the stock market or crypto market. Simply signup with an online trading app like eToro and choose from the top gainer traders/investor and copy their trades. eToro has its own portfolio to copy.

Here are some Smart Portfolios showing the growth in the last 12 months. You can filter and select which portfolio you want to invest in or copy. To signup and know more, click here.

Apart from eToro Smart Portfolio, you can also copy individuals who are doing well. Depending on your risk appetite you can choose who to copy based on their risk score.

12. Crypto Staking and Liquid Mining

Another way to make money online passively is crypto staking. It is the process of buying and holding crypto and earn from the interest and rewards. The crypto will be locked for a certain amount of time, depending on your preference, you lock it for months to years.

Liquid mining is a decentralized finance process where you can put your cryptocurrencies in a liquid pool to earn crypto rewards and fees. Liquid mining or yield farming is another strategy to participate in crypto networks to provide capital or liquidity to the liquidity pool on a decentralized exchange. By providing liquidity or capital you will earn native tokens as a reward or fee depending on the pool you provided liquidity for.

There are tons of Decentralized Exchange (DEX)out there. For this example, I have chosen a few websites I used and currently using.

1. Binance – The largest cryptocurrency exchange as of this writing. There are wide options for crypto to participate in staking and liquid mining.

2. AXS Staking and SLP-WETH Pool Mining – Whether you are an investor or Axie player you can maximize your income through AXS staking or providing liquidity using SLP, AXS and RON paired with WETH
AXS Staking can earn you around 77% APR – check here.

Pool Mining APR – AXS/WETH 42%, SLP/WETH 95%, RON/WETH 60% – check website here
Staking and Liquid Mining requires Ronin account

3. MOBOX Liquid Mining Pool – Mobox only offers MBOX-BNB Liquid pool which you give around 104.39% average APY.

4. Cake DeFi Staking & Liquid Mining – Staking returns of 40% APY

Cryptocurrency Pairs – APY of 26% to 103% depending on the pairs you choose

Decentralized Asset Pairs – it has a higher APY from 99% to 135%

Cake DeFi staking and liquid mining provides cash flow with a good return, You will receive your rewards twice a day. Below is the sample earnings. For more details about earnings click here.

Get $30 worth of DFI when you sign up and make a deposit of $50 or more! Click here.

Making money online is not an overnight success or a quick rich scheme, it is a process of developing a skill set. It will take time but when done right – you will earn good rewards.

*Disclaimer: This is for information purposes only and is never intended to be financial investment advice.