Al-Futtaim Automotive has officially opened a new pre-owned automobile showroom in Dubai Investment Park, in keeping with its customer-centric strategy and dedication to providing innovative mobility solutions that improve the lives of its customers (DIP).
Al-Futtaim Automall DIP, the emirate of Dubai's second branch, is a one-stop shop for individuals wishing to purchase and sell used vehicles from all brands and manufacturers. Automall is the largest reseller of pre-owned automobiles in the UAE and offers a mileage certificate with every transaction. It has the broadest selection in the area, with 1,200 cars in stock.
"Al-entrepreneurial Futtaim's spirit and constant customer focus consistently enables us to grow and expand to satisfy our customers' demands," stated Vincent Wijnen, Senior Managing Director, Al-Futtaim Automotive. With this new location, we want to meet the region's growing need for a more complete pre-owned automobile buying experience. Al-Futtaim Automotive, a reputable and well-respected industry name, has been operating in the region for more than 80 years, providing our clients with total peace of mind as well as convenience. Automall's seven-day money-back promise is especially appealing to our consumers."
According to Frost & Sullivan research, cost and streamlined digital transactions were among the most major pulls for UAE customers to the used automobile market. The thriving sector is forecast to grow at a double-digit rate over the next five years, rising from a market size of $14.2 billion in 2020 to $18.2 billion by 2025.
"We have observed a rise in sales in the market, which is symptomatic of the expansion projected in this sector in the next years," said Ralph Howie, Managing Director of Al-Futtaim Automall. We anticipate that our 2021 sales will be over 10% greater in volume than in 2019. Surprisingly, we've also witnessed a trend toward compact and medium SUVs, which now account for half of our sales. This rise in demand prompted us to construct a second plant closer to consumers in the south of Dubai, a region that is expected to develop at an exponential rate in the future years."