How to get a car in Dubai without a bank loan

Banks in the UAE refuse a lot of people on paperwork, not on money. There are three routes that do not involve a bank at all.

Why the bank says no even when you can pay

A UAE bank usually wants your salary transferred to it, a salary certificate from a listed employer, and a clean AECB credit file. Plenty of people who earn well fail on at least one of those: someone self-employed on a trade licence, someone paid partly in cash, someone new in the country with a thin credit file, someone whose employer is not on the bank's list. The bank is not saying you cannot afford the car. It is saying your file is the wrong shape.

Route 1: rent to own

You take a car from a company that owns it, pay monthly for 24 or 36 months, and the car registers in your name at the end. No bank, no salary certificate, no credit bureau check. On this site you pick the car, we buy that exact one, you pay from AED 8,400 at the start and from AED 2,620 a month.

Route 2: dealer instalments

Some used-car dealers in Dubai and Sharjah sell in instalments from their own balance sheet. Typically they ask for a down payment of several thousand dirhams and the term is shorter, so the monthly payment is higher. Worth a call if you want a specific used car and can put money down.

Route 3: subscription

A monthly subscription includes insurance, servicing and registration and you can hand the car back. It is the most flexible and the most expensive per month, and in most cases you never own the car. Some providers add a buyout at the end, which turns it back into route 1.

How the three compare

	Rent to own	Dealer instalments	Subscription
Bank involved	No	No	No
Credit bureau check	No	Sometimes	No
Money at the start	None on the cars here	Usually AED 5,000 and up	One month, sometimes a deposit
You own it at the end	Yes	Yes	Usually no

Cars you can take without a bank today

Chevrolet Captiva, AED 2,620 a month for 24 months, AED 8,400 at the start
Jetour X70 Plus, AED 2,820 a month for 36 months, AED 12,300 at the start
KIA Sportage, AED 2,880 a month for 36 months, AED 13,300 at the start
MG Whale, AED 3,240 a month for 36 months, AED 14,900 at the start
Nissan Pathfinder, AED 3,290 a month for 36 months, AED 15,200 at the start
Volkswagen Tiguan, AED 3,350 a month for 36 months, AED 15,600 at the start
Infiniti Q50, AED 3,750 a month for 36 months, AED 18,200 at the start
Infiniti QX50, AED 3,870 a month for 36 months, AED 19,000 at the start

See the cars and the numbers

Questions people ask

Will this show on my AECB credit report? +

A rent-to-own contract is not a bank loan, so it does not create a bank loan record. Ask the company for the exact position in writing before you sign.

I was refused by a bank. Does that matter here? +

No. The credit bureau is not checked. What matters is that money comes in regularly and that you can carry the monthly payment.

Can I pay the whole thing early? +

Usually yes, and the terms for early settlement are written in the contract. Read that clause before signing.

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Gleeven is the rent-to-own car brand of Carborn Car Rental L.L.C, licensed in Dubai, trade licence 1144437. Showroom at Midtown Central, Majan, Shop 28, Dubai, open every day 10am to 8pm.