Driverless taxis set to hit Dubai roads next month as DTC revenue hits Dh2.47bn
Smart mobility push gains pace across UAE
DUBAI – The Dubai Taxi Company (DTC) has confirmed it will launch its first driverless taxi next month, marking a major step in the emirate’s push towards AI-powered mobility.
The announcement came alongside strong full-year financial results for 2025, underlining the company’s accelerating transformation.
The planned autonomous rollout is expected to reinforce Dubai’s ambition to lead in smart transport innovation.
Driverless taxi rollout
Chief executive Mansoor Al Falasi said the first driverless ride would be deployed in March 2026, describing it as a milestone in DTC’s operational evolution. The initiative forms part of the company’s wider strategy to embed artificial intelligence across its mobility ecosystem.
The autonomous vehicle programme is being delivered in partnership with a major global technology firm. Al Falasi noted that AI has become a central pillar of the company’s investment focus, both in capital expenditure and operating costs.
DTC also plans phased expansion of its services beyond Dubai during 2026, targeting Abu Dhabi first, followed by Ajman and Sharjah.
Financial strength
The company reported revenue of Dh2.47 billion for the full year ended December 31, 2025, up from Dh2.20 billion a year earlier. Net income rose to Dh356.07 million compared with Dh331.28 million in 2024.
Today we announced our FY 2025 financial results, delivering strong revenue growth and sustained operational momentum driven by fleet expansion, rising trip volumes and continued scaling of strategic partnerships. #DTC #Dubai #2025 pic.twitter.com/yxAI0aw8b6
— DTC (@DTCUAE) February 24, 2026
Basic and diluted earnings per share from continuing operations both stood at Dh0.1425, compared with Dh0.1326 in the previous year. In dollar terms, revenue reached $672 million while net profit came in at $97 million.
Operational momentum remained strong, with the company completing 53 million trips across its taxi and limousine segments. Trip volumes increased 8 percent year on year, supported by population growth, urban expansion and rising tourist arrivals in Dubai.
Fleet growth
DTC’s fleet expanded about 18 percent over the year to 11,126 vehicles across its four core business lines. Electric vehicles now account for roughly 525 cars, with further additions expected in 2026.
The company’s partnership with the Bolt platform also gained traction, delivering around seven million rides during the year as DTC worked to capture greater market share in the e-hailing segment. Rising direct and financing costs in 2025 were partly attributed to this strategic investment.
The board recommended final dividends of Dh142 million for the second half of 2025, equivalent to 5.68 fils per share. Combined with interim dividends of Dh160.7 million paid in August 2025, total distributions for the year will reach Dh302.7 million, or 12.11 fils per share, representing a 7.5 percent increase from 2024.
Al Falasi said the company expects future growth across taxis, buses, limousine services and delivery operations as it continues building an integrated mobility platform.