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Feasibility Study · Dubai · Abu Dhabi · DED & ADGM Ready

Feasibility Studies for
Dubai & Abu Dhabi
Built for DED, ADGM & Local Bank Financing.

Direct Answer

A feasibility study in Dubai or Abu Dhabi is an independent analysis that determines whether a proposed business, project, or expansion is commercially, financially, technically, and operationally viable in that specific emirate – before capital is committed. It covers local market demand and sizing, competition, DED (Dubai) or ADDED (Abu Dhabi) mainland licensing vs the right free zone – DMCC, JAFZA, DAFZA, IFZA or Dubai South in Dubai; ADGM, KEZAD, Masdar City or twofour54 in Abu Dhabi – 3–5 year financial projections with IRR, NPV, break-even and payback, and UAE Corporate Tax (9%) implications. Corvian Advisory delivers bankable, investor-ready feasibility reports for Dubai and Abu Dhabi, individually or combined, in 3–5 weeks from AED 10,000 – accepted by Dubai and Abu Dhabi banks, DED, ADDED, free zone authorities, and investment committees.

A feasibility study prepared by a founder is a business plan. A feasibility study prepared by an independent CFA Charterholder is evidence – the kind that gets Dubai and Abu Dhabi bank credit committees to approve financing, satisfies an investment committee, and stress-tests your market and financial assumptions before you commit capital. Corvian Advisory delivers institutional-quality feasibility studies purpose-built for Dubai and Abu Dhabi's specific licensing authorities, free zones, and lender expectations – and for cross-border investors entering either emirate from Singapore, the UK, and India. Big Four rigour, boutique attention, fixed fee, senior-led.

CFA, CA & ACCA Qualified DED & ADDED Ready DMCC · JAFZA · ADGM · KEZAD Analysis Bankable & Lender-Ready IRR · NPV · Sensitivity Analysis Dubai & Abu Dhabi, Combined or Separate Fixed Fee Always
Credentials CFA, ICAI CA & ACCA Qualified Big 4 Trained Dubai & Abu Dhabi Bank Accepted Investment Committee Standard DED, ADDED & Free Zone Ready D33 & Abu Dhabi Strategy Context UAE CT Modelling
AED 10K+
Starting Fixed Fee
3–5 Wks
Delivery Timeline
2 Emirates
Dubai & Abu Dhabi, One Team
100%
CFA-Led

Comparing the UAE against Saudi Arabia or Qatar? This page is built for hyperlocal Dubai and Abu Dhabi decisions – DED/ADGM licensing, free zone selection, and local bank financing. For a multi-country GCC comparison, see our national and regional page.

Feasibility Study UAE, Saudi Arabia & Qatar →
Why Independent Matters

Dubai & Abu Dhabi Banks Don't Act on Founder-Prepared Projections

Dubai-headquartered banks (Emirates NBD, Mashreq, RAKBANK) and Abu Dhabi-headquartered banks (First Abu Dhabi Bank, ADCB) require an independent feasibility study – not a sponsor-prepared business plan – for business loans and project financing. So do private equity and family office investment committees, corporate boards, and DED, ADDED, and free zone licensing authorities for certain regulated activities. Independence is the point: it signals that someone with no stake in the outcome has tested the market assumptions, challenged the financial model, and reached a conclusion they are willing to put their name to.

A sponsor-prepared study is, by definition, an advocacy document. An independent feasibility study from our CFA, CA and ACCA qualified, Big 4-trained senior team is decision evidence – it includes the downside scenarios, sensitivity analysis, and risk quantification that Dubai and Abu Dhabi credit committees are required to see before they approve capital.

"Most Dubai and Abu Dhabi bank feasibility rejections are not because the business is unviable. They're because the report was prepared by the sponsors – and the credit committee cannot assess whether the market assumptions or financial projections are credible."

– Corvian Advisory, Senior Advisory Team

01Bankable – Built for Dubai & Abu Dhabi Credit Committees

Dubai and Abu Dhabi banks and project finance lenders require an independent feasibility study before approving business loans and project financing. Our reports are structured to the format their credit committees expect – sensitivity analysis, break-even timeline, debt service capacity under downside scenarios, and funding structure assessment.

02Investment Committee-Grade Financial Modelling

Every study is built on a 3–5 year integrated income statement, cash flow, and balance sheet model with market-derived assumptions. IRR, NPV (DCF-based), ROI, payback period, and break-even are calculated as standard, with conservative, base, and optimistic scenarios and UAE CT (9%) built in.

03The Right Free Zone or Mainland – By Emirate

In Dubai: DMCC, JAFZA, DAFZA, IFZA, Dubai South, DIFC, or DED mainland. In Abu Dhabi: ADGM, KEZAD, Masdar City, twofour54, or ADDED mainland. We analyse market access, UAE CT qualification, 100% foreign ownership, licensing pathways, and practical operability for your specific activity and emirate. Every report closes with a specific structuring recommendation.

04Dubai & Abu Dhabi – Assessed as Distinct Markets

Dubai and Abu Dhabi are frequently treated as interchangeable in generic feasibility templates – they are not. Consumer spending patterns, competitive density, government tender access, and free zone economics differ materially between the two. We assess each emirate on its own evidence, then consolidate into one report where a project spans both.

05Honest Assessment – Not Paid Validation

Our mandate is an honest, independent conclusion – not confirmation of what you already believe. If the market is too small or returns don't survive scrutiny, the report says so, with evidence.

Feasibility Study Components

What a Corvian Feasibility Study Covers – In Full

Six integrated workstreams covering market, financial, technical, operational, and legal/regulatory feasibility – structured to satisfy Dubai and Abu Dhabi banks, lenders, investors, and boards, not just internal planning.

Market Feasibility

Market Demand, Sizing & Growth

Independent demand assessment and TAM/SAM sizing at the emirate level, built bottom-up from local demand drivers, footfall, and demographic data – not a national average re-scaled down. Dubai's tourism and expat-driven demand and Abu Dhabi's government, energy, and resident-driven demand are modelled separately.

Emirate-level market sizing, not a national estimate
Demand and supply assessment with growth validation
Customer segmentation and target market definition
Primary and secondary research where required
Competitive Analysis

Competition, Positioning & Strategy

Structured competitive analysis using SWOT, PESTLE, and Porter's Five Forces where they add decision value. Competitor identification and profiling within the target area (Downtown Dubai vs Dubai Marina; Abu Dhabi's Al Reem or Yas Island vs the mainland), pricing analysis, and an honest test of the proposed differentiation.

Local competitor mapping, profiling, and market share
Pricing analysis and positioning benchmarks
SWOT, PESTLE & Porter's Five Forces applied
Location and district selection within the emirate
Legal & Regulatory Feasibility

DED/ADDED Licensing, Free Zones & Compliance

The full regulatory pathway for your activity: Dubai DED mainland or DMCC/JAFZA/DAFZA/IFZA/Dubai South/DIFC free zone; Abu Dhabi ADDED mainland or ADGM/KEZAD/Masdar City/twofour54 free zone. Sector approvals, minimum capital, and Emiratisation costed into the model.

DED (Dubai) or ADDED (Abu Dhabi) licensing pathway
Free zone selection and comparison for your activity
Ownership, capital, and structuring requirements
Emiratisation and visa quota assessment
Financial Feasibility

Financial Modelling & Investment Returns

A 3–5 year integrated income statement, cash flow, and balance sheet model with revenue forecasting on local, market-derived assumptions and full cost analysis including capex, fit-out, and working capital specific to Dubai or Abu Dhabi rents and labour costs.

Integrated 3-statement model, 3–5 years
IRR, NPV, ROI, payback, and break-even analysis
Funding requirements, capital structure & debt capacity
UAE Corporate Tax (9%) built into every projection
Technical & Operational Feasibility

Operations, Site & Resourcing

Site and facility requirements, fit-out and capex costs, technology and systems, staffing plan with Emiratisation compliance, and supply chain dependencies. For industrial projects: KEZAD/JAFZA capacity planning, utilities, and port/logistics access via Khalifa Port or Jebel Ali.

Site, facility, and fit-out requirements costed
Headcount plan with Emiratisation costs
Technology, systems, and supply chain dependencies
KEZAD/JAFZA capacity, utilities & port logistics
Risk & Recommendation

Risk Assessment & Go / No-Go

A structured risk assessment across market, competitive, regulatory, financial, and operational risk – each rated by likelihood and impact, with mitigants proposed. Sensitivity and scenario analysis quantifies performance under stress.

Risk register rated by likelihood and impact
Sensitivity and downside scenario quantification
Debt service capacity under stress for lenders
Clear go / no-go recommendation with rationale

Dubai vs Abu Dhabi – Key Feasibility Factors at a Glance

Both emirates share UAE federal law and UAE Corporate Tax, but licensing authorities, free zone ecosystems, and strategic priorities differ enough to change your structuring decision. For reference only; we confirm exact requirements for your activity at scoping stage.

FactorDubaiAbu Dhabi
Mainland licensing authorityDubai Department of Economy & Tourism (DET/DED)Abu Dhabi Department of Economic Development (ADDED)
Leading free zonesDMCC, JAFZA, DAFZA, IFZA, Dubai South, DIFCADGM, KEZAD, Masdar City, twofour54
Financial centre free zoneDIFC (common law, English-language courts)ADGM (common law, English-language courts)
Industrial / logistics hubJAFZA, Dubai Industrial City, Dubai South, Jebel Ali PortKEZAD (Khalifa Economic Zones Abu Dhabi), Khalifa Port
Strategic economic planD33 Economic Agenda – doubling the economy by 2033Abu Dhabi's non-oil diversification strategy via ADIO incentives, Ghadan-linked programmes
Dominant demand driverTourism, trade, expatriate consumer spending, real estateGovernment spending, energy, industrial diversification, resident demand
Headquartered banksEmirates NBD, Mashreq, RAKBANK, Dubai Islamic BankFirst Abu Dhabi Bank (FAB), Abu Dhabi Commercial Bank (ADCB)
Corporate tax & ownershipSame federal rules – UAE CT 9%, 100% foreign ownershipSame federal rules – UAE CT 9%, 100% foreign ownership

Types of Feasibility Study We Deliver

Every engagement is scoped to the decision it must support. These are the study types we deliver across Dubai and Abu Dhabi – individually or combined into a single integrated report.

Startup feasibility – new business validation before capital commitment
Bankable feasibility – structured for Dubai and Abu Dhabi bank credit committees
Investment feasibility – for PE firms, family offices, investment committees
Location feasibility – choosing between Dubai and Abu Dhabi, or a district within each
Free zone vs mainland feasibility – DMCC, JAFZA, ADGM, KEZAD compared
Expansion feasibility – additional outlets, capacity, or a second emirate
New product feasibility – product line and diversification decisions
Site & real estate feasibility – development and highest-and-best-use
Franchise feasibility – bringing international concepts into Dubai or Abu Dhabi
Combined studies – Dubai and Abu Dhabi assessed together, one report

Sector Experience Across Dubai & Abu Dhabi

Feasibility conclusions depend on district and emirate context as much as sector. Our Dubai and Abu Dhabi experience spans:

Hospitality & F&B – Downtown Dubai, Dubai Marina, Yas Island and Al Reem concepts
Healthcare – clinics and specialist centres, DHA (Dubai) and DoH (Abu Dhabi) licensing
Education – schools, nurseries, KHDA (Dubai) and ADEK (Abu Dhabi) approvals
Retail & consumer – mall, community, and e-commerce concepts by district
Real estate – residential, commercial, and mixed-use development feasibility
Manufacturing & industrial – KEZAD, JAFZA, and Dubai Industrial City licensing
Logistics & warehousing – Jebel Ali Port and Khalifa Port-linked facilities
Renewable energy & clean-tech – Masdar City project feasibility
Media & digital – twofour54 and Dubai Media City concepts
Technology & SaaS – DIFC/ADGM regulated fintech and unit economics validation
Our Process

From First Call to Bankable Report , Five Stages, One Senior Team

The same CFA, CA and ACCA qualified advisor scopes your study, does the analysis, and delivers the debrief – no hand-offs to a junior team partway through.

01
Discovery & Scoping

A scoping call to confirm the concept, target emirate(s), purpose (bank, investor, board, or internal), and the exact scope. Fixed fee agreed in writing before work begins.

02
Market & Regulatory Research

Independent market sizing, competitive mapping, and the full DED/ADDED and free zone licensing pathway for your activity, including free zone vs mainland analysis.

03
Financial Modelling

3–5 year integrated financial model built on market-derived assumptions – IRR, NPV, break-even, payback, and sensitivity/downside scenarios, with UAE CT built in.

04
Draft Report & Review

A full draft report is shared for your review. We walk through the findings, assumptions, and recommendation together before finalising – no surprises at delivery.

05
Final Report & Debrief

Final bankable report delivered in your required format, plus a debrief covering the go / no-go recommendation and how to present it to your bank, investors, or board.

The Deliverable

What You Actually Receive – Report Structure

Every Corvian feasibility study is delivered as a single structured report – not a slide deck or spreadsheet on its own. This is the standard table of contents; scope is adjusted for your engagement tier.

1. Executive Summary , concept, conclusion, and go / no-go recommendation on one page
2. Market Feasibility , demand, sizing, growth, and target segments by emirate
3. Competitive Analysis , competitor mapping, positioning, pricing benchmarks
4. Legal & Regulatory Feasibility , DED/ADDED and free zone pathway, structuring
5. Technical & Operational Feasibility , site, resourcing, supply chain
6. Financial Feasibility , 3–5 year model, IRR, NPV, break-even, payback
7. Risk Assessment , risk register, sensitivity and downside scenarios
8. Recommendation & Appendices , conclusion, structuring recommendation, supporting data

Want more on what banks and investors specifically look for in a report before approving capital? See our guide: Feasibility Studies in the UAE – What Investors Expect to See.

Local Context

The Dubai & Abu Dhabi Factors Built Into Every Study We Write

Generic feasibility templates treat every UAE emirate the same. These are the local factors we build into every Dubai and Abu Dhabi engagement, as standard.

Dubai & Abu Dhabi Feasibility Coverage – As Standard
UAE Corporate Tax (9%) – 0% free zone qualifying income vs 9% mainland, modelled directly into the projections
DED vs free zone (Dubai) – DMCC, JAFZA, DAFZA, IFZA, Dubai South, and DIFC compared for your activity
ADDED vs free zone (Abu Dhabi) – ADGM, KEZAD, Masdar City, and twofour54 compared for your activity
D33 Economic Agenda – Dubai's named priority sectors and available incentives, where relevant to your concept
Abu Dhabi non-oil diversification – ADIO incentive programmes and KEZAD industrial positioning
Emiratisation – workforce compliance costs built into the financial model, not a footnote
Local bank financing – reports structured to the disclosure standards of Emirates NBD, Mashreq, FAB, ADCB, and RAKBANK credit committees
District-level demand – Downtown Dubai, Dubai Marina, Business Bay vs Al Reem Island, Yas Island, Saadiyat Island
Government procurement – Dubai and Abu Dhabi tender requirements, supplier qualification, and payment cycles
Cross-border entry – structuring and repatriation for investors from Singapore, the UK, and India
Islamic finance – murabaha and ijara funding structures where conventional debt is not preferred
Wider GCC comparison – if Dubai or Abu Dhabi is one option among several, see our UAE, Saudi Arabia & Qatar page
Illustrative Engagements

Feasibility Studies That Changed the Decision

Illustrative engagements based on the mandates we run across Dubai and Abu Dhabi – bank financing, free zone structuring, and investor approval. Client identities remain confidential in all cases.

Bank Financing Feasibility
F&B · Dubai Mainland

Dubai Restaurant Group – Bank Loan Feasibility for Expansion

A Dubai mainland F&B operator with 3 outlets was applying for AED 4.5M bank financing to fund 2 additional locations across Downtown Dubai and Dubai Marina. Two previous bank applications had been rejected because the business plan was founder-prepared. We prepared an independent feasibility study covering district-level demand, competitive mapping, 5-year financial projections incorporating UAE CT (9%), break-even by outlet, and loan repayment capacity under conservative and base scenarios.

Outcome: Bank financing approved within 6 weeks of submitting the independent feasibility study.
Investor Feasibility
Healthcare · Abu Dhabi

Abu Dhabi Specialist Clinic – Investor Feasibility Study

An Abu Dhabi specialist GP partnership on Al Reem Island was raising capital to open a specialist dermatology and aesthetics clinic. Their investor required an independent feasibility study before committing AED 2.8M. We assessed local demand, DoH licensing, competitive landscape (14 competitors mapped across Abu Dhabi), 5-year projections with break-even analysis, and UAE CT implications for the clinic's legal structure.

Outcome: Investor committed capital; the partnership reincorporated on the mainland and saved AED 180,000/year in CT liability.
Free Zone Structuring Feasibility
Industrial · KEZAD, Abu Dhabi

Manufacturing Investor – KEZAD vs JAFZA Feasibility Study

A packaging manufacturer evaluating a new production facility needed an independent feasibility study comparing KEZAD in Abu Dhabi against JAFZA in Dubai on utilities cost, port access, licensing timeline, and total 5-year capex and opex. The study included a full capacity plan and a debt service capacity model for the bank financing the equipment.

Outcome: KEZAD selected on utilities cost and port access; bank financing approved on the resulting feasibility report.
Transparent Pricing

Feasibility Study Fees , Fixed, Published, Agreed Up Front

We publish pricing because most advisory firms do not. Every fee is fixed and agreed in a signed engagement letter before work begins – no hourly billing, no scope creep invoices, no surprises at delivery. Same fee bands in Dubai and Abu Dhabi.

Standard – Single Location
AED 10,000 – 18,000

Single-location feasibility study for a focused business concept in Dubai or Abu Dhabi. Suitable for internal go / no-go decisions, angel investor discussions, or a straightforward DED/ADDED or free zone licensing application.

✓ Market sizing and competitive analysis
✓ 3-year financial projections
✓ DED/ADDED and free zone licensing requirements
✓ UAE CT and structuring review
✓ Delivered in 3 weeks
Bankable & Investor Grade – Most Popular
AED 18,000 – 30,000

Comprehensive bankable feasibility study for Dubai or Abu Dhabi bank submissions, project financing, and investment committee approval. Full 5-year model, IRR and NPV, sensitivity analysis, downside scenarios, and complete risk section.

✓ Full market analysis with primary research
✓ 5-year integrated financial model
✓ IRR, NPV, break-even, and repayment capacity
✓ Conservative / base / optimistic scenarios
✓ Bank, lender, investor & board-ready format
✓ Delivered in 3–4 weeks
Combined – Dubai & Abu Dhabi
AED 22,000 – 32,000

A single feasibility study covering both Dubai and Abu Dhabi – for projects choosing between the two, or expanding into both. Each emirate assessed independently, with a consolidated structuring recommendation.

✓ Per-emirate market and regulatory assessment
✓ Free zone and mainland comparison, both emirates
✓ Consolidated location recommendation
✓ Combined and per-emirate projections
✓ Cross-border entry support (SG, UK, India)
✓ Delivered in 4–5 weeks
Frequently Asked Questions

Feasibility Studies in Dubai & Abu Dhabi – Your Questions Answered

Do I need a feasibility study for a DED trade licence in Dubai?

Not every Dubai DED activity legally requires one, but certain regulated activities, industrial and manufacturing licences, healthcare and education facility approvals, and virtually all bank or project-finance applications do. We confirm your specific requirement at scoping stage, free of charge.

How much does a feasibility study cost in Dubai vs Abu Dhabi?

The same fixed-fee bands apply in both emirates: AED 10,000–18,000 single-location, AED 18,000–30,000 bankable investor-grade, AED 22,000–32,000 for a combined Dubai-and-Abu-Dhabi study. Location does not change the fee – scope and financing purpose do.

DMCC, JAFZA, IFZA or Dubai mainland – which is right for my business?

It depends on your customer base, activity, and tax position. DMCC suits commodities and trading; JAFZA and Dubai South suit logistics and industrial activity; IFZA suits low-cost holding and consulting setups; DED mainland suits businesses selling directly to UAE consumers or government. Every study includes a structured recommendation.

Does ADGM in Abu Dhabi require an independent feasibility study for licensing?

ADGM's registration process does not mandate one for every licence type, but regulated financial activities, and virtually all bank financing or investor capital raises in Abu Dhabi, require one. KEZAD and ADDED-regulated industrial and healthcare activities frequently require a report as part of approval.

What is the difference between DED (Dubai) and ADDED (Abu Dhabi) licensing?

Both regulate mainland trade licensing in their emirate under the same federal Commercial Companies Law, but fee schedules, approval timelines, and sector-specific requirements differ. Free zone ecosystems also differ significantly – Dubai has 30+ free zones; Abu Dhabi's are concentrated around ADGM, KEZAD, Masdar City and twofour54.

Is KEZAD a good fit for an industrial feasibility study in Abu Dhabi?

For manufacturing, logistics, and heavy industry, yes – KEZAD offers integrated utilities, Khalifa Port access, and industrial licensing designed for that scale. We assess KEZAD against JAFZA and Dubai Industrial City as part of any industrial feasibility study.

What is a feasibility study and what does it cover?

An independent analysis of whether a proposed business, project, or expansion in Dubai or Abu Dhabi is commercially, financially, technically, and operationally viable before capital is committed. Covers market demand, DED/ADDED and free zone licensing, 3–5 year projections with IRR/NPV, structuring, UAE CT, and risk assessment.

What makes a feasibility study "bankable" for a Dubai or Abu Dhabi lender?

Independence from the sponsor, evidence-based local market assumptions, an integrated financial model, break-even and repayment capacity analysis, and sensitivity and downside scenarios – the format banks such as Emirates NBD, Mashreq, FAB, and ADCB expect to see.

How long does a Dubai or Abu Dhabi feasibility study take?

3–4 weeks for a single-location study in either emirate. A combined Dubai-and-Abu-Dhabi study, or one requiring primary field research, typically takes 4–6 weeks.

Feasibility study vs. business plan for a Dubai bank loan?

A business plan is prepared by founders to advocate for a strategy. A feasibility study is an independent analysis that tests whether the underlying assumptions hold – the document Dubai and Abu Dhabi bank credit committees actually rely on.

Which Abu Dhabi free zones or authorities are relevant to a feasibility study?

ADGM (financial services and holding structures), KEZAD (industrial and logistics), Masdar City (clean-tech), twofour54 (media), and ADDED for mainland licensing. We identify the right authority for your activity as part of every Abu Dhabi engagement.

Can foreign investors use a feasibility study to enter Dubai or Abu Dhabi?

Yes – it is the standard first step for foreign investors, establishing market size, the right free zone or mainland structure, licensing cost and timeline, and financial projections. We regularly support investors from Singapore, the UK, and India entering Dubai, Abu Dhabi, or both.

Do you cover both Dubai and Abu Dhabi in one combined study?

Yes. A combined study assesses each emirate's market, regulatory pathway, and cost structure independently, then consolidates into a single go/no-go recommendation with a structuring plan across both.

How does Dubai's D33 Agenda or Abu Dhabi's economic strategy affect my study?

Dubai's D33 Economic Agenda targets doubling the economy by 2033 across named priority sectors; Abu Dhabi's non-oil diversification strategy prioritises manufacturing, tourism, and technology through KEZAD and ADIO incentives. We incorporate the relevant priorities and incentives into your market feasibility section where applicable.

Planning a Business or Project in Dubai or Abu Dhabi?

Tell us the concept, the emirate, and the purpose – bank, investor, board, or internal decision. You'll have a fixed-fee quote within 24 hours. Confidential, no commitment.

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