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Reading: Dubai adds 867 new rental companies and 21,315 rental vehicles in 2024
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Home » Blog » Dubai adds 867 new rental companies and 21,315 rental vehicles in 2024
UAE

Dubai adds 867 new rental companies and 21,315 rental vehicles in 2024

Aisha Al Habibi
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Dubai vehicle rental arisesAuthor: Aisha Al Habibi

Maintaining with the stratospheric growth of Dubai and the mobility requirements of the city, the road and transport authority (RTA) said it recorded substantial growth in the vehicle rental sector in 2024 compared to 2023.

The Department of Commercial Transport Activities of the RTA License Agency revealed that 867 new rental companies were registered Duration 2024. This brings the total number of rental companies operating in Dubai to 3,494, 33 percent more than 2,627 in 2023.

Dubai vehicle rental arises

The total number of vehicles in the rental fleet reached 71,040, compared to 49,725 the previous year. The addition of thesis 21,315 new vehicles represent an amazing increase or 42.9 percent.

The number of high -end rental vehicles increased by 73 percent, while electric vehicles within the rental fleet increased by 50 percent compared to 2023.

Ahmed Mahboob, CEO of the Licensing Agency, RTA, commented: “The increase in the number of newly registered vehicles and colleagues operating in the competitiveness and appeal of the Dubai commercial transport sector to attract businesses to this sector.

“It also underlines Emirate’s commitment to accelerate economic growth and fulfill its vision of general development. By offering simplified procedures and eliminating barriers, RTA continues to support companies and investors from the private sector, reinforcing their confidence in the business landscape of Dubai and its position as a global center for commitment and finance.”

As part of its efforts in the Y -In commercial transport activities, a vital sector that supports the economic and commercial landscape of Dubai and supports the objectives of the economic agenda of Dubai (D33) to position the city among the three main economic centers of the world, RTA recorded … pic.twitter.com/gva4SCP3DG

– Rta (@rta_dubai) April 24, 2025

Mahboon added that the RTA was dedicated to continuous improvement and excellence in service by providing innovative solutions that address the needs of the private sector. This includes aligning the provision of services with specific requirements of the sector to improve customer satisfaction and strengthen confidence in the commercial and investment environment of Dubai.

“The growth of the activity within the vehicle rental sector, both in terms of the number of vehicles and of registered companies, underlines the pioneering role of RTA in the facilitation of commercial operations in this domain. This progress has been promoted by the continuous improvement of the quality of the service and the incentives, together with the development of the regulatory and integrated framework of the former.

RTA has also launched several initiatives that reinforce support for the commercial transport sector, including steps such as the “Commercial Vehicle Life Extension Service” and the “Commercial Vehicle Rental Service per hour”.

According to the ‘Commercial Vehicle Extension Service’, companies can extend the operational useful life of vehicles that have exceeded the permitted limit. The extension of one year is subject to the vehicle that passes the technical inspection requirements.

‘Commercial vehicle rental service per hour’ allows people to rent commercial transport vehicles in a basic, safer and more efficient and more efficient services provision.

The RTA has also introduced the ‘commercial licensing system’, which has simplified the customer’s trip by simplifying application procedures for new investors and providers of existing services, while improving the governance and issuance of the approval process.

Other RTA movements that have supported the growth of the commercial transport sector, including the operational life of electric vehicles from four to six years and increasing the operational life of luxury and premium vehicles at 10 years.

Aisha Al Habibi
Author: Aisha Al Habibi

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