The Future of Auto Ownership.

How We Actually Assess an Application

We do not run a credit score, because the product does not require one. A lease-to-own contract means we buy the vehicle and hold it in our own name for the term — our security is the car itself, not a claim against your future earnings. That changes the question from what your credit file predicts to whether the monthly payment is sustainable for you, which is answerable from documents a resident already has: Emirates ID, residence visa, UAE driving licence, proof of address, and either a salary certificate or three months of bank statements.

For self-employed applicants a trade licence and statement history replace the salary certificate. Income that arrives at AED 60,000 one month and AED 12,000 the next is not a puzzle under this model — the annual pattern and the buffer in the account are what matter, where credit scoring simply has no field for "varies". This is also why approval on a complete file usually completes within 24 hours rather than the weeks a bank application takes.

What We Tell People Not to Do

If you have 20% of the vehicle value in cash, a clean AECB file and a salary certificate, a bank loan is the cheaper route to owning a car in the UAE, and paying outright is cheaper still. We say that before someone signs rather than after. Leasing wins on access, speed, keeping borrowing capacity free for a mortgage, and liquidity — not on the total across the term.

We also advise against committing to a 36-month term in the second month of a new job. UAE probation runs up to six months and can end with short notice, and the exit clause becomes the most important term in the contract. If a car is needed in that window, take a cheaper one than the one you want, and ask what settling at month 18 would cost — as a number, in writing, before signing.

Where the Fleet Comes From

Vehicles are sourced from UAE dealer stock, auctions and private sellers, and every one passes a 150-point inspection before it enters the fleet — ECU diagnostics, structural check on a hydraulic lift, brakes and suspension, fluid analysis, air conditioning, and a road test. The VIN is checked for accident history, outstanding finance and total-loss status. Cars that fail are not repaired into the fleet; they are declined.

If nothing in stock fits, the fleet is not the boundary. Clients send listings from Dubizzle, dealers or auctions anywhere in the UAE; we assess the asking price against market data, run the same inspection, and if it passes we buy it and write the lease on it. That route takes five to seven working days against one to three from stock, and a meaningful share of contracts start that way.

What Happens After You Sign

The vehicle is registered in the company's name for the duration of the contract, and that single fact explains most of what follows. It is why no AECB credit file is required and why the Central Bank's mandatory 20% down payment on bank auto loans does not apply. It is also why the car cannot be sold or modified beyond what the contract permits, and why a trip to Oman or Saudi Arabia needs a written NOC from us plus the correct insurance extension — requested ahead of travel, because it is not issued at the border.

Traffic fines reach us first as registered keeper and are passed on to you at cost. Servicing is scheduled by us at the manufacturer's intervals, so the workshop booking is not your administrative problem. If something goes wrong mid-contract — a job ends, a visa is cancelled, income changes — talk to us before missing a payment. Early contact leaves options that a default does not, and we would rather restructure a contract than recover a vehicle.

At the end of the term you exercise the purchase option at the price fixed in your agreement, hand the car back, or move into a newer vehicle. Whichever you are aiming for, decide it before signing rather than in the final month — the arithmetic differs for each, particularly on a contract with a balloon payment waiting at the end.