As a regular traveller, taxi apps are like a masiha to me because no matter where I am, or what time it is, I can reach my desired destination peacefully and on time. And in big places like Dubai, a successful taxi service application can make you an instant millionaire.
If you don’t know, then let me tell you that over 300 million people use an online taxi system and the market size is expected to reach $283 billion by 2028. So what are you waiting for? Why don’t you create your own app? Oh, I get it you don’t know how to and the cost right?
Well for starters you have to start with finding a good mobile app development company in Dubai and the rest. In this article, I’m gonna talk about the true cost of building a taxi software program in Dubai. So stick around till the end.
Dubai’s diverse population, and pulsating economy, provide the perfect conditions for taxi app services.
The residents of this city as well as the tourists need hassle-free solutions for transportation.
In the presence of such stiff competition from entities like Careem and Uber, it is rather difficult for a new player to break into this marketplace.
Furthermore, in case they are able to do so, it would come with considerable value propositions to lure the attention of users, thereby increasing the development costs directly affected by market needs and user expectations.
To develop a this application, defining features that will help you differentiate your application is of utmost importance.
The following are the core features that are a must-have for a successful taxi app:
Now, the real question is how much will it be costing you to build a taxi app? Well, I’m breaking down its cost below:
This should be one of the first steps of proper market research before venturing into actual development, hence analyzing who your competitor is, map of user demographics and underlining the gaps that exist within the market.
Estimated Cost: $5,000 – $15,000
Designing is an extremely important phase for the success of the application. A user-friendly UX/UI design will allow the users to navigate the app flawlessly. This might include wire-framing, prototyping, and testing iterations of the design.
Cost Estimate: $10,000 – $25,000
This is coding the client-side of the application. This is more of a focus on how a user will interact with an app’s content. That means development of the user’s app and the driver’s software. Doing this with frameworks like React Native or Flutter can make it easier and save dollars and cents.
Estimated Cost : $15,000 – $40,000
The app’s back-end is the server side, which encompasses data storage, user authentication, and communication between the front-end and server. A robust back-end ensures that the app can handle numerous requests in a single action.
Estimated Cost: $20,000-$50,000
So, a geolocation service is typically essential for the core functionality that allows users to track their rides in real-time. It often involves APIs provided by services like Google Maps.
Estimated Cost: $5,000 – $15,000
A payment gateway integration, as with PayPal, Stripe, or a local solution, involves an analysis of security and compliance.
Estimated Cost: $5,000 – $10,000
This stage requires the app to be checked for bugs and to work flawlessly with different kinds of devices and systems.
Estimated Cost: $5,000 – $15,000
This is the process of getting the application launched on the market. This involves marketing strategies as well as promotion and user acquisition campaigns.
Estimated Cost: $10,000 – $30,000
After the launch, there will be maintenance expenses in terms of post-launch bugs, feature sets improvement, and compliance to the changing needs of the users. This is an ongoing money-making item.
Estimated Cost: $2,000 – $10,000 per month
Considering the regulatory environment in Dubai, therefore, your taxi app should, by all means, adhere to the same local laws. This can be in the form of procurement of necessary licenses and permits. Cost implications.
Estimated Cost: $5,000 – $20,000
As I mentioned at the beginning of the article about how much revenue this industry is genrating take a look at the graph that shows what regions use these apps the most.
Choosing a taxi app development company is of great importance to the success of your project.
A good mobile application design company in Dubai will not only help you in building a robust application but will also guide you through various local market trends, legal requirements, and user preferences.
Here are some factors that should be taken into consideration when you choose a development partner:
DID YOU KNOW?
Uber Technologies has the market value of $153.89 billion!
It is a pretty lucrative idea to develop a taxi app in Dubai if you do it right, but it will obviously depend on how complex the features and design are and who your development partner will be.
From the comprehensive breakdown of costs above, you will know just what to do and how much to expect for your project.
In the long run, what is of extreme importance is a software that is of good quality, focused on addressing user needs, and differentiates in a highly competitive marketplace.
With proper planning, development team, and marketing strategy, your taxi app will be able to flourish in Dubai’s dynamic transportation landscape.
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