Why car rental and leasing are a promising market and a fast-growing sector in the UAE
Dubai, United Arab Emirates, February 4, 2022: The Emirate of Dubai has witnessed a remarkable economic transformation over the years. The country has also shifted its focus to the tourism and business sectors after its long dependence on the oil and gas sectors. These changes have strengthened a wide range of sectors; Most notably the car rental and leasing sector.
There are many advantages to driving rented cars in Dubai, which many realize rather than owning them. Over the past years, many cars rental companies have experienced exponential growth. According to Glasgow Consulting Group , sales of the sector were estimated at $1.8 billion in 2018. This number is expected to rise to $2.5 billion by 2023.
According to an article published by the Khaleej Times newspaper: “The number of transport and car rental companies registered in Dubai has reached 12,000, while the number of vehicles registered for transport and rental activities has reached 225,000.”
Dubai is an exceptional market for car rental, where you can easily rent any car; Whether it’s a Ferrari rent in Dubai (2500AED per day) or a Mercedes G-Wagon (1200AED per day) or even an economy car starting from 1200AED for the whole month. The process of renting a car in Dubai is simpler than ever.
People often prefer renting cars over buying them, due to the high annual registration and insurance costs. With a wide range of cars and rental periods ranging from one hour to a year, renting a car is a great option for tourists and residents alike.
Accordingly, leasing is an attractive option, and the demand for this sector is steadily increasing.
Collection of customer needs and rental cars
Tourists who want to explore the city in their own way
Residents who need a car for personal or professional use
Recreational rental by people who love sports and luxury cars
Companies that rent commercial vehicles to reduce capital investment.
The site displays “” https://www.spidercars.ae offers the best car rental in Dubai , in addition to providing a car with a driver and a service providing a driver in a separate service. With a selection of more than 70 car rental agencies, you can compare multiple offers and rent directly from the supplier. The site currently works with car rental companies in select cities around the world.