Dubai Taxi Company closes AED 1.45B National Taxi acquisition
Dubai Taxi Company (DTC) has completed its AED 1.45 billion acquisition of National Taxi, creating the largest transport network across the UAE. The transaction marks the 1st major fleet expansion since the company’s DFM listing and positions the state-backed operator to capture growing urban transit demand across multi-emirate corridors.
Integrating the National Taxi fleet immediately scales regional operations while strengthening Dubai Taxi Company’s competitive position against independent ride-hailing platforms.
The Post-Acquisition Landscape
The acquisition consolidates 9,700 vehicles under a single management entity, expanding Dubai Taxi Company’s market share:
| Operational Metric | Before Acquisition | After Acquisition |
| Total Combined Fleet | 7,000 Vehicles | 9,700 Vehicles |
| Dubai Market Share | 47 % | 59 % |
| Abu Dhabi Market Share | 0 % | 12 % |
| Green Vehicle Proportion | 45 % | 54 % |
This unified platform aims to streamline cross-border logistics and improve dispatch efficiency for thousands of daily commuter journeys.
Financial Performance and Integration
National Taxi has a profitable operating base, reporting AED 774 million in revenue and AED 183 million in EBITDA for the fiscal year ending July 2025. The locked-box purchase mechanism ensured fair valuation, and management expects the combined operations to generate positive financial accretion from the first full year of integration.
The consolidation offers major operational efficiencies:
- Reduced fleet overheads: Combining maintenance, spare parts, and dispatch systems lowers daily operating costs per vehicle.
- Sustainability boost: Incorporating 2,700 hybrid vehicles (77% of that batch) accelerates compliance with national emission targets.
- Market dominance: Dubai Taxi Company now commands enough scale to stabilize pricing while providing broad coverage across Dubai and Abu Dhabi.
Conclusion
This acquisition sets a benchmark for multi-emirate fleet operations and positions the company as the leading public transport network in the UAE. How will this massive consolidation affect ride availability and daily commuting costs across the Emirates?
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