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Dubai firms face Dh3.4m bill after 53-car deal defaults

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Gulf News
“Dubai firms face Dh3.4m bill after 53-car deal defaults”

Dubai: A Dubai court has ordered a car rental company and its guarantor to pay Dh3,427,917.80 in outstanding vehicle payments, plus 5 per cent annual interest from June 17, 2026, until full settlement. The two companies must also pay court fees and expenses, as well as Dh1,000 in lawyers’ fees, after the buyer defaulted on payments for 53 cars and 13 cheques bounced due to insufficient funds. The dispute involved five vehicle sale agreements signed between August 2024 and February 2025. A car…

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