Why We Should Do A Car Rental Business

In Dubai, UAE?

Dubai is a top tourist destination for people around the world. Millions of people visit the city every year and they require transportation for exploring the city. This attracts a lot of entrepreneurs for setting up a business due to its strategic location and large tourist gatherings, providing ample opportunities for new businesses to grow. And when it comes to starting a car rental business, there are a lot of expatriates who don’t want to buy a vehicle and rather prefer to take public transport or rent a car in Dubai. Whether for the daily tofro office trips, business meetings, long trips with a girlfriend, shopping with kids, taking your doggo to the vet or weekend barbecues with friends, a car is the most convenient and preferred means of transport in Dubai or any other emirate of the UAE.

Let’s look at some more reasons why car rental company formation will pay you off handsomely:

• The automotive sector in Dubai is one of the most profitable sectors in Dubai for plenty of reasons

• Car rental companies in Dubai are able to serve their rides to customers at a competitive rental fee complemented by fatty discounts and affordable daily, weekly and monthly car hire packages. 24/7 emergency assistance, free delivery & pick-up are the other benefits the Dubai-based rental car providers offer to their consumers

• A huge customer base because residents/expats (with 21+ age and a valid driving licence) choose to rent a car instead of buying their own for all good reasons such as affordability, variety, effortless process, and high level of comfort as well as convenience compared to public transport, etc.

• 100% ownership of your car rental business on the mainland is possible now. However, you are required to engage a Local Service Agent for an annual service fee as part of the mandatory requirements to fulfill to acquire a service/professional trade licence in Dubai, UAE..

• A car rental fee is way cheaper (as low as AED 30/day) than taxi fares here, that’s why the car rental business in Dubai is always at its peak

Benefits of Starting A Car Rental Business

With rental vehicles, people have the leverage to make as many stops as they want and extend their stay at places they find interesting. Car rental businesses in Dubai are advantageous if you understand the industry and are prepared to use new technology. According to the latest statistics published by World Population Review, around 3 million people reside in Dubai as of 2023. Out of this, 85% people are non-citizens.

Below are some of the reasons why they are likely to prefer to rent a car in Dubai:

Tourism

Millions of tourists travel to Dubai every year to visit the emirate’s incredible architecture, historical and religious sites, beaches, restaurants, and nature. Many tourists arriving in the country will be looking to hire a car to explore the rest of the UAE.

Time Saver

Although public transport in Dubai is one of the best in the country and covers the whole of the city, people also prefer to rent cars because there are certain limitations such as meeting strict work timings during rush hours or planning for a quick trip.

Another benefit of starting a car rental business in Dubai is that it will allow you to make the most of emerging technology. Thanks to smartphones, apps and geolocation, it is easier than ever for people to pick up and rent cars as when they need them