New Car Loan in UAE — Drive Away From 2.49% p.a.
Finance a brand-new car from 20+ UAE banks — rates from 2.49% p.a., up to 80% of showroom value, and same-week approval.
FinanceMarket.ae compares new car loan offers side by side so you secure the lowest rate, the right tenor, and the lowest down payment for your salary band.
A new car loan in the UAE funds up to 80% of the showroom price of a brand-new vehicle, repaid over 12–60 months. Banks typically require a minimum salary of AED 5,000–8,000, a clean Al Etihad Credit Bureau (AECB) report, and your Emirates ID, passport and salary certificate. FinanceMarket.ae screens a single eligibility profile against every participating UAE bank, so you compare new car loan rates without multiple hard inquiries — then register the mulkiya (vehicle ownership) and drive away.
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Documents Required to Apply for an Auto Loan in Dubai, the UAE
Pick your profile below — the checklist differs by applicant type.
- Passport copy
- Emirates ID copy
- Khulasat Al Qaid
- Valid UAE driving licence
- Salary Certificate / Employment Letter addressed to the bank
- Bank statements for the last 3–6 months
- AECB credit report
- Car quotation / proforma invoice from the dealer
- Vehicle registration (Mulkiya) / valuation for used cars
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Frequently Asked Questions
Answers to the most common questions about business finance in the UAE.