If a person happens to own or is a part of an onshore or offshore company that is registered in Dubai then he can open a corporate bank account for it. An individual- resident or non-resident is also eligible for a private bank account in Dubai. For companies that are based outside of Dubai and are in need of banking services for business transactions; opening a bank account in Dubai has never been easier. There are certain conditions that you need to fulfill to be able to hold a bank account in Dubai.