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Getting a car loan in Dubai (Requirements)

BusinessOne

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Mar 22, 2023
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I have recently been checking the financing requirements in some luxury car dealerships in Dubai, and they just seem to require me to have a salary certificate and 3 months of bank statements. (Besides Emirates ID card)

Do you think they will also ask for some credit report from abroad or building my credit score in UAE before approving the loan, or just by seeing my bank statements and salary certificate (Given by my own new UAE company) will be enough?

I'm planning to move to Dubai soon and I want to prepare any documents and move any required amounts of money to my UAE bank accounts in advance, so the financing can be approved. - Not sure what minimum amount will they want to see in the bank account as well, in relation with the total price of the car.