The Cost of Owning a Ferrari in Dubai: Breakdown of Expenses

Owning a Ferrari in Dubai can be a significant investment.

Here's a breakdown of the expenses:

Purchase Price

• New Ferrari models: AED 1.5 million - AED 5 million
• Pre-owned Ferrari models: AED 1 million - AED 3 million

Insurance

• Comprehensive insurance: AED 10,000 - AED 20,000 per year
• Third-party insurance: AED 5,000 - AED 10,000 per year

Maintenance

• Regular maintenance: AED 5,000 - AED 10,000 per year
• Repair costs: AED 10,000 - AED 50,000 or more,

depending on the issue

• Fuel- Petrol costs: AED 5,000 - AED 10,000 per year, depending on usage Other Expenses
• Registration: AED 1,000 - AED 3,000 per year
• Parking and tolls: AED 1,000 - AED 3,000 per year