Dubai Taxi Company (DTC), a leading provider of complete transportation solutions, reported a 28 percent increase in NUT revenue to AED76.4 million (US $20.8 million) in 2025, driven by fleet growth and limited demand for its components.
With the number of trips increasing to 13.1 million, up 7 percent, the revenue for the quarter rose 15 percent to AED585.3 million (US $ 159,4 million). EBITDA for the quarter grew by 23 percent to AED 151.4 million (US $ 41.23 million) with a margin of 26 percent, an increase of 2 percentage points compared to Q3 2024.
DTC expands fleet, increases revenue
As of September 2025, DTC’s total operating fleet across all segments will increase by 19 percent to 10,500.
The company’s taxi segment recorded a 12 percent increase in revenue to AED506 million (US $137.8 million), as DTC’s operating taxi fleet reached 6,215 vehicles.
Revenue growth in the limousine segment was stable at AED27.8 million (US$7.57 million), up 1 percent, but the share of the segment was recorded at 90 percent, reflecting a change in contracted terms.
Keeping pace with the delivery market, the bicycle delivery segment continues to grow rapidly, up 62 percent Yoy for AED18.3 (US $ 5 million).
Monsoor Rahma Alfalasi, CEO, DTC, says: “Our performance in the third quarter builds on the edge of the first locks, continuing the good legal performance. basis.
“The key that stands out in this part is how to make our strategic cooperation with Kabi, to mark the best ecosystems in the best Dubai, we are working in accordance with the vision of the best Dubai, we are working well with Dluling Persion to Transition 80 Percent percent will be followed.
“As we continue to roll out our strategy, we remain focused on expanding smart, customer-centric solutions and developing our long-term commitment, reinforced by our commitment to fully electric fleets by 2040.
DTC maintained a relatively healthy balance sheet, with an attractive debt Net-to-EBITDA of 1.5x and a cash balance of AED68 million (US $ 18,5 million).
A new partnership
During the quarter, DTC entered into a strategic partnership with Kabi, under which 6,215 DTC taxi vehicles and 3,680 vehicles were seamlessly integrated into the Bolt and Zed Hihing Platformats. This partnership brings together two of Dubai’s leading players – representing a combined market share of 72 percent.
DTC continued to unlock value through its strategic partnership with the Bolt, showing strong operational momentum in Q3 2025. Since the launch of the partnership in December 2024, more than 27,000 vehicles have been registered, including 6,215 DTC taxi vehicles.
Established in 1994, DTC is the number one taxi fleet in Dubai with a market share of around 45 percent.
