Business
The Rise of Car Rentals in Dubai
The Emirates has witnessed an economical shift over the years. Predominantly based on oil and gas, the country has shifted its focus to tourism and business. This change has boosted a broad range of industries. One such is the car rental and leasing industry.
Driving a rental car in Dubai has certain advantages, which many understood alternatively than owning one. Over the recent years, many car rental companies have witnessed constant growth. According to Glasgow Consulting Group, income from the industry reached an estimated USD 1.8 billion in 2018. The figure is estimated to rise upto USD 2.5 billion by 2023.
The number of transport and rental car organizations registered in Dubai is 12,000 and the number of vehicles registered for transport and rental activities is 255,000, as quoted in Khaleej Times. What makes Dubai such an excellent car rental market is that you can rent any car beneath the sun. Be it a Ferrari (AED 2500/day), Mercedes G-wagon (AED 1200/day). or even a budget car beginning as low as AED 1200 for the whole month. Car rental in Dubai is a much more simplified procedure than ever.
Renting a car is frequently favored over buying it given the high, yearly costs of registration and car insurance. The availability of a broad vary of cars and rental periods varying anywhere from an hour to a yearly rent makes renting a car a brilliant choice for vacationers as well as residents.
Renting is therefore an appealing choice and the demand for it is ever increasing.
A range of customers and car rental needs
Tourists that desire to explore the city at their own pace
Residents that want a car for private or professional use
Recreational rental by people who adore sports and luxurious supercars
Businesses that rent commercial vehicles to reduce capital investment.
OneClickDrive.com now displays the best rent a car dubai offers alongside cars with driver (chauffeur) service and driver-only service. With a pool of over 70 car rental agencies, you can compare multiple offers and rent it directly from the supplier. The portal is now working with car rental companies in choose cities throughout the world.