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Protected: Empowering C-Suite Leaders Through Strategic Coaching and AI Protected: Empowering C-Suite Leaders Through Strategic Coaching and AI
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Protected: Empowering C-Suite Leaders Through Strategic Coaching and AI

AHmed AlSadr 12 May، 2025
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Protected: Innovating with Purpose: A Journey of Authentic Disruption Protected: Innovating with Purpose: A Journey of Authentic Disruption
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Protected: Innovating with Purpose: A Journey of Authentic Disruption

AHmed AlSadr 9 May، 2025
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Passing Every Test: A Chef’s Journey from Steward to Steak Master Passing Every Test: A Chef’s Journey from Steward to Steak Master
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AHmed AlSadr 30 April، 2025
Spread the loveInterviewed by Fatiha Idrissi In the world of professional kitchens, few careers are forged through...
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Unlocking Leadership Excellence: From Siloed Teams to Enduring Legacies Unlocking Leadership Excellence: From Siloed Teams to Enduring Legacies
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AHmed AlSadr 29 April، 2025
Spread the loveIn today’s high-pressure and fast-evolving markets, leadership at the top is being redefined. Working closely...
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Empowering Inclusion: A Visionary Approach to Accessible Innovation Empowering Inclusion: A Visionary Approach to Accessible Innovation
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AHmed AlSadr 25 April، 2025
Spread the loveIn a world where accessibility often lags behind innovation, one entrepreneur is flipping the script....
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MCi Expands Global Reach into the Middle East MCi Expands Global Reach into the Middle East

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15 May، 2025
Frontline Heroes Office: (IUHPE) World Conference in Abu Dhabi reaffirms UAE’s Leading Role in the Global Health Map Frontline Heroes Office: (IUHPE) World Conference in Abu Dhabi reaffirms UAE’s Leading Role in the Global Health Map

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Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025 Swvl Grows 12.4% Quarter on Quarter in IFRS Revenue, 47% Quarter on Quarter Growth in Revenue in Constant Currency, and Achieves $0.8 Million in Net Profit in Q1 2025

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15 May، 2025
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MAHY KHOORY AUTOMOTIVE EXPANDS ITS UAE FOOTPRINT WITH NEW DONGFENG SHOWROOM IN ABU DHABI MAHY KHOORY AUTOMOTIVE EXPANDS ITS UAE FOOTPRINT WITH NEW DONGFENG SHOWROOM IN ABU DHABI

MAHY KHOORY AUTOMOTIVE EXPANDS ITS UAE FOOTPRINT WITH NEW DONGFENG SHOWROOM IN ABU DHABI

15 May، 2025
Amirah Developments debuts to redefine Dubai’s real estate Amirah Developments debuts to redefine Dubai’s real estate

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15 May، 2025
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AutoData Middle East’s 2024 Used Car Market Report Released: Key Insights into Market Growth, Electrification, and Consumer TrendsHighlights 15.7% growth in the UAE automotive market and a 77% surge in inquiries for Chinese brands

AHmed AlSadr 3 March، 2025
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Dubai, UAE – 3 March 2025 – AutoData Middle East, a subsidiary of World Automotive Group (WAG) and a leading automotive data solutions provider in the UAE, has released its2024 Used Car Market Report. This annual report provides valuable insights into the evolving automotive landscape in the UAE and Saudi Arabia.

In line with its commitment to transparency, AutoData Middle East also operates VehicleReport.me, a platform that offers detailed vehicle history, valuations, damage reports, and recall data at the Vehicle Identification Number (VIN) level. Since its relaunch in May 2024, the platform has gained over 21,000 users, solidifying its presence in the market.

AutoData Middle East’s 2024 Used Car Market Report Released: Key Insights into Market Growth, Electrification, and Consumer TrendsHighlights 15.7% growth in the UAE automotive market and a 77% surge in inquiries for Chinese brands

Automakers Strengthen Presence in the UAE and KSA

The automotive industry is undergoing rapid transformation, with the UAE recording 318,981 vehicle registrations in 2024—a 15.7% increase following a 27.2% surge in 2023. Saudi Arabia also surpassed a significant milestone, exceeding 1 million vehicle registrations for the first time, with Toyota leading sales at 225,743 units.

Chinese automakers are continuing to grow their market share in both the UAE and KSA. Jetour, for example, captured 3% of the UAE market, with its T2 model securing the 8th position and a 1.7% market share. In Saudi Arabia, Jetour recorded 9,569 unit sales, joined by strong performances from Changan, Geely, and SAIC Motors. Overall, Chinese brands are reshaping market dynamics, with vehicle inquiries rising by 77% in late 2024, signalling a stronger foothold in the used car market.

Rising Demand for GCC-Spec Vehicles and Shifting Brand Preferences

Data from VehicleReport.me reveals that 86% of users are buyers, while 14% are sellers. Among buyers, 75% prefer GCC-spec vehicles, which are specifically designed to withstand the region’s climate and conditions. Popular models among buyers include the Toyota Camry, Corolla, Nissan Patrol, and Altima. Sellers have yet to adopt independent pricing tools to accurately price their vehicles or know the value of their trade-ins, while buyers prioritise checking the history of a car.

When it comes to purchasing behaviour, 83% of respondents in both the UAE and KSA prefer to start their car-buying journey on dealer websites, underscoring the importance of a strong online presence. UAE car buyers, in particular, visit dealerships an average of 3.9 times before making a decision—the highest globally.

Chinese brands continue to make waves in the used car sector, with vehicle inquiries increasing by 77% between September and December 2024 compared to the previous four months. MG, Jetour, Geely, GAC, and Changan led the rankings in consumer interest, signalling a shift in buyer confidence toward competitively priced, feature-packed alternatives.

Market Trends and Pricing Shifts

Used car listings on DubiCars illustrate a growing preference for Chinese models, with listings increasing by 56% in 2024, while non-Chinese brand listings declined by 5%. The hybrid segment also gained momentum, with listings rising 44%, while EV listings showed only a modest 2% increase, highlighting consumers’ preference for fuel-efficient alternatives over fully electric vehicles. SUVs continue to dominate the market, with models such as the Toyota Land Cruiser, Nissan Patrol, and Jetour SUVs retaining over 80% of their value after three years.

Electrification and the Future of Mobility

The UAE government is accelerating its Electric Vehicles (EV) adoption efforts, targeting 50% of total vehicle sales by 2050. Dubai is also making significant strides, with plans to increase EV numbers to 42,000 by 2030, a sixfold increase from current levels.

EV charging infrastructure continues to develop, supported by government incentives and advancements in ultra-fast charging technology. The UAE remains at the forefront of autonomous mobility, with 60% of respondents supporting self-driving vehicle adoption. Initiatives such as Masdar City’s autonomous vehicle trials and Dubai’s goal for 25% of trips to be driverless by 2030 are paving the way for the region’s future in smart mobility.

As electrification and autonomous mobility gain traction, the UAE and KSA are emerging as pivotal players in the global automotive shift.

Looking Ahead: The Road to Transformation

The 2024 UAE & KSA Used Car Market Report underscores the region’s dynamic shift towards enhanced consumer trust and varied industry strategies in the automotive sector. From the growing demand for transparency in vehicle history to the surge in Chinese car brands and the acceleration of hybrid and EV adoption, the region’s automotive industry is poised for continued evolution.

For more details on the 2024 UAE & KSA Used Car Market Report, visit vehiclereport.me/market_report_2024

For further information on buying and selling vehicles with confidence, please visit AutoData Middle East’s innovative Vehicle Report platform: www.vehiclereport.me

About AutoData Middle East

AutoData Middle East, a subsidiary of World Automotive Group, is the leading automotive data solutions provider in the Gulf Cooperative Council (GCC) region. Headquartered in the UAE, AutoData ME is a pioneering force in automotive policy issuance and claims management and is dedicated to empowering professionals and facilitating informed decision-making. The leading automotive data solutions provider instils confidence in its partners and the automotive market, fostering trust through innovative solutions.

Launched in the region in 2010, and currently operating across the GCC, AutoData Middle East provides comprehensive vehicle history reports in the UAE, KSA, Kuwait, Oman, Qatar, and Bahrain. The company is part of the Skelmore Group, which boasts over 35 years of experience in the Middle Eastern and North American automotive business, positioning it as a leading provider of accurate and detailed vehicle information. AutoData Middle East offers a comprehensive suite of B2B and B2C services including insurance advising, financing, buy and trade-in price advising, buying and selling platform tools, and more, resulting in the leading automotive data solutions provider attaining the AI-based Estimating Solutions Provider Award at the InsureTek Golden Shield Excellence Awards 2024.

In May 2024, AutoData Middle East partnered with CARFAX, leveraging extensive data from over 100,000 sources across 22 markets in the US, Canada, and Europe. Driven by a commitment to excellence, its data-driven solutions empower confident decision-making in insurance pricing, vehicle transactions, and dealership operations, enhance transparency and confidence across the automotive landscape. Grounded in accountability, data-driven decision-making, and clarity of communication, the company continuously seeks to innovate and shape the future of mobility.

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