Lease to Own Car in Dubai

Buying a car directly is not a cheap option and may not even be part of your long-term plans due to other necessities that require major attention. The lease-to-own car option lets you buy your dream car even with an average budget.

In Dubai, a lease-to-own car is cost-effective and a particularly convenient way of owning a modern car. The process is designed to be hassle-free, with precise documentation and flexible payment plans to ensure ease and comfort.

In the UAE, it is a simple and reliable way to rent a car with an option to purchase to save more than 50% compared to classic rentals. It is suitable for agents, brokers, and auto dealers to expand their customer base and make it easier to conclude a sale. Moreover, those who want to spend less time, companies that rent cars for commercial purposes, and companies that provide transportation for their employees can profit from lease-to-own cars.

Lease-to-own cars offer a practical alternative to purchasing. Unlike a car rental, which is typically short-term, a lease-to-own car involves a longer commitment, typically lasting from 1 to 3 years. So, it is necessary to know that lease-to-own a car has several benefits in terms of payment, car costs, and the process that we will review in this article.

Related: Renting a Car in Dubai: What You Need to Know

How Does Car Lease-to-Own Work in Dubai? 

Leasing a car in Dubai is a simple and detailed process by following these steps correctly:

1. Choosing a car from a leasing company: As there are many choices available, you should take time to research and compare prices, features, and leasing terms.
2. Checking eligibility: After choosing a car, check your eligibility for the lease. Most leasing companies have specific requirements, like a minimum age, an accurate driving license, and a certain income level.
3. Submitting documents: Submit the required documents, including your Emirates ID, passport, driving license, and proof of income.
4. Choosing the lease terms: Choose the lease terms that work best for you, like the lease duration, the mileage limit, and the monthly payments.
5. Signing the agreement: After satisfaction with the lease terms, you should sign the lease agreement and provide the required security deposit.
6. Receiving the car: After signing the lease agreement and making the payment, you’ll receive the car and can start driving it.
7. Maintaining the car: During the lease term, maintaining the car and keeping it in good condition is your responsibility. You should also make the monthly lease payments on time.
8. Returning the car: The last part of the lease term is returning the car in good condition and within the agreed-upon mileage limit. Additional fees include any excessive wear and tear or mileage overage that you should pay.

If you need more information about How to Rent a Car in Abu Dhabi , read this article, “How to Rent a Car in Abu Dhabi.”

Best Companies Offering Car Lease to Own in Dubai 

Car leasing in the UAE is a successful business, and car rental companies offer various deals and discounts to allow you to lease and own a car in Dubai. Besides, you can find the latest high-tech car models for lease-to-own in Dubai. But it is essential to check the company’s policy carefully and pay attention to customer reviews before signing the agreement. At FindCarDubai, we prepare you a list of some popular car rental companies that offer lease-to-own cars in Dubai:

1. Al-Futtaim Automall

Having a wide range of new and used cars, it offers auto solutions for both private and commercial customers with global reach and also provides auto leasing solutions to large and small companies.

Website: https://www.alfuttaim.com/

Address: Dubai Next to ACE – Gateway Ave/ Open Hours (10:00 – 16:00 | 20:30 – 23:30)

Phone: +971545827635 / 600567005

2. Dubai Islamic Bank Lease

With Islamic financing lease-to-own options, Dubai Islamic Bank Lease offers a world-class auto finance facility that lets you get a car quickly. Whether buying your first car or investing in a fleet of cars, their broad range of finance plans and payment options benefit every personal and commercial need.

Website: https://www.dib.ae/

Address: Dubai, Jumeirah Branch

Phone: 802420101

3. Quick Lease Car Rental

Quick Lease Car Rentals is a one-stop solution for all car rental requirements, including short/long-term rentals and personal/corporate leasing. Having the best car rental rates in Dubai, they offer affordable monthly plans with flexible ownership.

Website: https://quicklease.ae/

Address: Shop no. 18, Al Raha Building, Opposite City Max Hotel Behind Mall Of Emirates, Al Barsha 1, Dubai

Phone: 800-QUICK (800 78425)/ 971 440 87300

4. Shurooq Car Rental

As one of the Top Car Rental Services in Dubai, it provides a wide variety of cars, from economical to luxury models, that satisfy your needs and choices. It also offers budget-friendly lease-to-own deals.

Website: https://www.alsharouqcar.rent

Address: Dubai, Deira, Port Saeed

Phone: +971 543535383

Advantages of Lease-to-Own Cars in Dubai 

Lease-to-own offers a convenient option for obtaining a car in Dubai without a large down payment. It has a lot of advantages, from flexibility in mileage and maintenance to fixed monthly payments and the option to upgrade or switch cars after the lease period. Let’s review the benefits of the lease-to-own car in Dubai.

• Free car service and lower maintenance cost

It saves registration charges, and the maintenance and car service costs are usually free during the lease period, or you may have lower maintenance costs, as the car will still be under warranty during the lease period.

• Lower monthly payments

You’re only paying for the car’s depreciation during the lease period rather than the full value of the car, so your monthly costs can be greatly lower than purchasing the same car with a loan. Besides, the monthly installments are convenient since they are customized, prioritizing the customer’s budget. Also, the customer knows when and how much to pay beforehand.

• The Latest Car Model

Lease-to-own gives you the opportunity to drive a higher-end car with all the latest features and technology every few years, as your monthly payments are lower, and you’re only paying for using the car during the lease period.

• No depreciation

There’s no worry about the car’s depreciation because you can return the car at the end of the lease term without worrying about the value of the car decreasing over time.

• Warranty Coverage

Lease-to-own agreements cover the car under warranty for the duration of the lease. So, don’t worry about expensive repair bills during your lease term, adding to the cost savings.

• Lower Sales Tax

You only pay sales tax on the amount of the car’s value that you use during the lease term, that also reduces your overall expenses.

• No Long-Term Commitment

Lease-to-own generally lasts for quite a short period, giving you the opportunity to analyze different cars without a long-term responsibility. Once the lease ends, you can choose a new car or walk away.

Disadvantages and Things to Consider 

When you decide to lease a car in Dubai, it’s essential to consider its disadvantages, especially with financial implications in mind. Let’s review some of them.

• Limited Mileage:

Lease agreements usually come with mileage restrictions that can result in costly penalties if you exceed them.  So, if you have a long daily commute or enjoy road trips, leasing might not be the best option.

• No Ownership:

The most important cons of lease-to-own is that you don’t own the car at the end of the lease. So, you won’t have any equity in the car or benefit from its resale value.

• Ongoing Payments:

However, monthly payments are lower; leasing can be more expensive in the long run if you continue to lease cars throughout your life.

• Strict Condition Requirements:

Lease agreements often require you to return the car without damage. Any extreme wear and tear or damage could result in additional charges.

Best Cars for Lease-to-Own in Dubai (2025) 

• Affordable Sedans: Toyota Corolla, Nissan Sunny, Hyundai Elantra

• Mid-range SUVs: Mitsubishi Montero Nissan Xterra, Ford Edge

• Luxury Options: Mercedes-Benz C-Class, BMW X5, Audi Q7

How to Apply for a Lease-to-Own Car in Dubai

Car lease in Dubai is a simple process and requires a few specific requirements. The rest of the process is formal once you decide on the car you want and for what duration. There are several factors to consider before deciding to lease a car:

• Considering if the monthly payments suit your budget.
• Considering your driving habits.
• Considering if you can take care of the car and avoid any extreme wear and tear.
• Considering whether your plans and circumstances will change during that time, such as moving to a different city or changing jobs.
• Considering if you’re okay with not having any equity in the car and if the car’s resale value will be necessary to you in the future.

In continue are the Required documents you need to follow to lease a car in Dubai:

• Emirates ID to confirm your identity and residency status in the UAE.
• Passport and visa to confirm your legal status in the country.
• Driving license. UAE driving license or an international driving permit is necessary if you’re a tourist.
• Proof of income to confirm your ability to make the monthly lease payments.
• Security deposit to secure the lease agreement.
• Insurance. Proof of insurance for the car, that is mandatory in the UAE.
• Residence visa cancellation paper to confirm that you’re no longer a resident of the country.

Conclusion 

Having a car in Dubai can be expensive. Still, lease-to-own opportunities provide a flexible way to drive now and pay over time if you want to enjoy the benefits of driving a new car without the commitment of buying one. Instead of committing to a significant down payment or bank loan, lease-to-own plans help you to pay monthly payments while using the car. By considering the factors that should be considered before leasing a car, you can make a good decision and choose the best lease choice for your needs. After completing the lease term, you fully own the car.

Whether you want to lease a car for personal or business use, many options are available in Dubai, with popular locations for renting or leasing. Just do your research, compare prices and deals, and read the terms and conditions carefully before signing a lease agreement.

At Shozon, you can follow the lease-to-own process, find the best providers, and consider the key factors before deciding. So, if you’re looking for a hassle-free car lease-to-own deal in Dubai, explore the best providers and drive your dream car today with flexible payment options.

FAQs

1. Can I finalize my car lease before the end of the contract term?

Yes, but the exact terms and conditions for early termination depend on the leasing company and your signed agreement. So, review these terms before signing the contract.

2. Can we buy a car on lease in Dubai?

Yes, car leasing is a popular choice in the UAE, and many car dealerships and banks offer leasing options.

3. How to get a lease in Dubai?

There are car dealerships, banks, or car rental companies that offer leasing options. Considering certain documents like your passport, Emirates ID, and driving license you van follow the process in the leasing company and your eligibility and creditworthiness will be evaluated before approving your application.

4. What does it cost to lease a car in Dubai?

Generally, prices can range from AED 1000 to AED 5000 per month.

    5.How many miles can I put on a leased car?

The majority of leases allow 10,000-15,000 miles on the vehicle each year.

6. Can foreigners rent a car in Dubai?

Yes. Foreigners can easily rent a car in Dubai.