Dubai Taxi Company

DTC DFM Industrials Shariah compliance: iStatus follows DFM's quarterly Shari'a compliant list (Q1 2026), screened under criteria approved by the DFM Fatwa & Shari'a Supervisory Board. Classification may change each quarter.
DFM Shari'a classification list ↗
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Price (AED)2.14 0%Close · 30 Oct 2026
Market Cap5.35B
Enterprise Value6.03B iRoughly what it would cost to buy the whole company.How it is worked out: the value of its shares (market cap) + its debt − the cash it holds.Why it matters: two companies can have the same share value but very different debt and cash. Enterprise value shows the full picture, so you can compare them fairly.Versus market cap: 1.13×, so it has more debt than cash.For this company: 5.35B + 1.00B debt − 317.59M cash = 6.03B (Q2 2026)Calculated · Q2 2026
P/E15.03
P/B11.27
Dividend Yield2.65%
ROE74.99%
Bid
2.1129,555 shares
Ask
2.1426,891 shares
Spread
0.0301.41%
Day range
2.11 - 2.15low 14:17 · high 14:44
52-week range
1.97 - 2.89
Volume
312.3K0.33x 30-day average
Avg volume (30D)
940.4K
Traded value
668.4K77 trades
Average price
2.12volume-weighted
Issued shares
2.50B
Free float (est.)
25.0%624.75M shares

Last DFM snapshot 16:17. Best bid and ask only; full market depth is not published.

About the company

DTC was formed on 28 June 1994 in accordance with the provisions of Law No. (5) of 1994 decreed by H.H. The Ruler of Dubai in order to operate a fleet of taxis in the Emirate of Dubai and to the other Emirates.


In accordance with Law No. (20) of 2008, the Company was wholly owned by the Roads and Transport Authority (RTA).


On 9 November 2023, the provisions of Law No. (21) of 2023 concerning the Dubai Taxi Company decreed by H.H. The Ruler of Dubai was issued pursuant to which RTA’s ownership in DTC was transferred to the Department of Finance (DoF) for the Government of Dubai, who became the sole shareholder in the Company. DoF later transferred its shares in DTC to the newly formed Dubai Investment Fund in accordance with Law No. (25) of 2023.


On 13 November 2023, DTC announced its intention to float 24.99% of its total issued share capital on the Dubai Financial Market (DFM) and was officially listed on the DFM on 7 December 2023.


The Company currently offers an extensive range of transportation solutions across four key business lines, including:

· Taxi services through our large, eco-friendly fleet;

· VIP limousine services made up of chauffeur-driven vehicles for luxury service;

· Bus services; and

· Last mile delivery bike service

Industry: Industrials

www.dubaitaxi.ae ↗

Prices from DFM: 1D and 5D from snapshots every 5 minutes during the session, longer ranges from daily closes. Hover to read a price, click and drag to measure the change between two points.

Block trades

DatePricevs closeSharesValue (AED)Deals
25 Nov 20252.40-4.38%7,351,62417.64M1

Negotiated block trades (direct deals) reported by DFM. DFM publishes the day, price and size, not the time of day. Shown as circles on the price chart.

Year-end price history