Luxury goes electric in the UAE: who has a price, who has a promise

Lexus's first two EVs went on sale in October at AED 255,000 and AED 275,000, just under the USD 80,000 line where the UAE's EV market sits. BMW, Ferrari and DENZA have bold claims but no confirmed UAE price.

Lexus RZ500e

USD 80,000 line

BMW i3 claimed

Fastest UAE public DC

AED 255,000

AED 293,800

▲ 8.4 km/kWh

350 kW

On sale; ES500e AED 275,000

Both Lexus EVs come in under it

Lexus pair 6.2

i3 50 xDrive accepts 400kW

Key takeaways

·       The Lexus RZ500e (AED 255,000) and ES500e (AED 275,000) are the only luxury EVs from this autumn's launches with a confirmed UAE price.1–5

·       Both sit under USD 80,000, or AED 293,800, the level above which premium EVs dominate the UAE market. The RZ500e is AED 53,100 below a Porsche Macan Electric.1,6,7

·       The electric ES costs AED 20,000, or 7.8%, more than the comparable hybrid, and hybrids are over 40 percent for Lexus.2,8

·       On maker claims, BMW's new i3 covers 8.4-8.6 km per kWh, against 6.2 for the Lexus pair and 4.1-4.3 for the Rimac and Ferrari.1–3,5,9

·       The i3 50 xDrive accepts up to 400kW, more than the 350 kW that the UAE's fastest public chargers deliver.3,10

Who has a price, who has a promise

October was the month luxury makers went electric in the UAE, but on very different terms. Al-Futtaim announced the Lexus RZ500e and ES500e on 8 October 2026, the first battery-electric Lexus models in the brand's UAE history, and both are on sale with fixed prices.1,2,8

The rest are further away. BMW opened orders for its new electric i3 in Germany on 30 September 2026 but has not confirmed GCC prices, variants or dates. DENZA's AED pricing for its Z supercar is unconfirmed. For the Ferrari Luce, published estimates run from AED 1.95 million to AED 2.35 million, and as of 16 October 2026 no source confirmed that UAE deliveries had started.3–5,7,9

Model

UAE status

UAE price

Claimed range

Peak DC charging

Lexus RZ500e

On sale through Al-Futtaim

AED 255,000

Up to 460 km (WLTP)

150 kW

Lexus ES500e

On sale through Al-Futtaim

AED 275,000 incl. VAT

465 km (official)

Not published

BMW i3

Revealed; GCC price and date not announced

Not announced

Up to 710-912 km (WLTP, claimed)

300-400 kW

Ferrari Luce

UAE deliveries not confirmed as of 16 October 2026

Estimates of AED 1.95 million to AED 2.35 million, not official

Around 530 km (provisional WLTP)

350 kW

DENZA Z

AED pricing and deliveries unconfirmed

Not announced

409-410 km (WLTP, export spec)

1,500 kW claimed

Rimac Nevera

Sold through Al Habtoor Motors

AED 8 to 9.5 million, indicative

About 490 km (WLTP)

Not in our source

What is confirmed for the UAE, model by model. Range and charging figures are maker claims.1–5,8,9

Lexus lands under the USD 80,000 line

Premium EVs priced above USD 80,000 dominate the UAE market, which leaves middle-income buyers short of choice. At the dollar peg, that line is AED 293,800. The RZ500e works out at about USD 69,435 and the ES500e at about USD 74,881, so both come in under it.1,2,6

Starting prices of luxury EVs in the UAE, AED

Lexus enters at the bottom of the ladder, under USD 80,000 (AED 293,800). Lexus prices from October 2026; the others from our June 2026 comparison.

Item

Starting price

Lexus RZ500e

AED 255,000

Lexus ES500e

AED 275,000

Porsche Macan Electric

AED 308,100

Genesis GV90

AED 367,000

BMW iX

AED 385,000

Mercedes EQS SUV

AED 450,000

Source: YallaMotor launch and comparison articles, June and October 2026.1,2,7

Against luxury rivals the Lexus pair is the cheapest entry. In our June comparison the Porsche Macan Electric started at AED 308,100, the Genesis GV90 at AED 367,000, the BMW iX at AED 385,000 and the Mercedes EQS SUV at AED 450,000. The RZ500e undercuts the iX by AED 130,000.1,7

It is still a premium price. The RZ500e costs AED 87,010 more than a Tesla Model 3, which our price guide lists from AED 167,990, and Chinese brands such as BYD offer EVs under AED 100,000.1,11

Electric or hybrid Lexus?

The ES500e costs AED 275,000 including VAT. A comparable Platinum all-wheel-drive ES350h hybrid costs AED 255,000, so the electric car carries a premium of AED 20,000, or 7.8%. The entry hybrid starts at AED 230,000.2

Lexus is not betting its whole line-up on electric. Al-Futtaim's Lexus managing director put hybrids at over 40 percent for the brand, and said EV demand comes from a specific group: buyers who have charging at home or can charge at work.8

Tip

Choose by charging access

If you can plug in at home or at work, the electric ES is quicker and cheaper to run. If you drive long inter-emirate routes without charging, our review points you to the ES350h hybrid.2,8

 

On YallaMotor

See the electric cars on sale in the UAE, with prices.

Browse electric cars

 

Range claims, per kWh

Headline range mostly tracks battery size, so we divided each claimed range by the battery it comes from. BMW's i3 50 xDrive claims up to 912km from 108.7kWh, or 8.4 km per kWh, and the i3 40 xDrive 8.6. The Lexus RZ500e and ES500e manage 6.2 each from the same 74.6kWh battery.1–3

Claimed range per kWh of battery

Maker range claims divided by battery size. The Luce figure uses gross capacity; none is tested in UAE heat.

Item

Claimed km per kWh

BMW i3 40 xDrive

8.6 km/kWh

BMW i3 50 xDrive

8.4 km/kWh

Lexus ES500e

6.2 km/kWh

Lexus RZ500e

6.2 km/kWh

DENZA Z

5.4 km/kWh

Ferrari Luce

4.3 km/kWh

Rimac Nevera

4.1 km/kWh

Source: YallaMotor calculation from maker claims in our October 2026 articles.1–5,9

The performance cars use far more energy per kilometre: 5.4 km per kWh for the DENZA Z on its export specification, 4.3 for the Ferrari Luce's provisional figure and 4.1 for the Rimac Nevera. All of these are claims on WLTP-type test cycles, the Luce's battery is quoted as gross capacity, and none has been tested in UAE summer heat.4,5,9

The cars charge faster than the chargers

Charging claims have raced ahead. The i3 50 xDrive accepts up to 400kW, the Ferrari Luce 350 kW and the RZ500e 150kW, which takes it from 10 to 80 percent in about 30 minutes. DENZA claims 1,500 kW Flash Charging for the Z. Lexus has not published a DC rate for the ES500e.1–5

Peak DC charging: the cars against the UAE's public chargers, kW

BMW's i3 50 xDrive accepts more than ADNOC's fastest highway chargers deliver. DENZA's 1,500 kW claim is left off the scale.

Item

Peak DC

Lexus RZ500e

150 kW

BMW i3 40 xDrive

300 kW

Ferrari Luce

350 kW

BMW i3 50 xDrive

400 kW

ADNOC highway chargers, up to

350 kW

DEWA DC chargers, from

50 kW

Source: Maker claims and our GCC charging guide, August to October 2026.1,3,5,10

The UAE's public network tops out below the fastest claims. ADNOC Distribution's highway chargers deliver up to 350 kW, 50 kW less than the i3 50 xDrive can take, and DEWA's Dubai DC chargers start at 50 kW. Our BMW launch report notes that few public sites in the region deliver 400kW.3,10

Before you pay a deposit

Launch claims matter less than the paperwork. Al-Futtaim had not published warranty or service package details for the RZ500e, and Lexus had not published UAE service intervals or battery warranty terms for the ES500e at launch.1,2

Watch out

Get it in writing

For any car without a confirmed UAE price, ask for an itemised AED quote that covers 5% VAT, allocation and handover dates, deposit refund rules, UAE specification, warranty and charging hardware.3–5

 

At the top end, the gap is enormous. The low estimate for the Ferrari Luce is 7.6 times the price of the RZ500e, and the Rimac Nevera is indicated at up to AED 9.5 million through Al Habtoor Motors.1,5,9

Frequently asked questions

How much is the Lexus RZ500e in the UAE?

AED 255,000, in a single Platinum AWD version sold through Al-Futtaim Lexus.1

Is the electric Lexus ES worth the extra over the hybrid?

It costs AED 275,000, AED 20,000 more than a comparable Platinum AWD ES350h. It makes sense if you can charge at home or at work.2,8

When will the BMW i3 and Ferrari Luce arrive in the UAE?

BMW has not confirmed GCC prices or dates. For the Luce, no source confirmed UAE deliveries as of 16 October 2026.3,5

Can UAE public chargers match these cars' charging claims?

Not the fastest ones. ADNOC's highway chargers deliver up to 350 kW; the BMW i3 50 xDrive accepts up to 400kW.3,10

How we worked this out

We gathered the prices, status, range, battery and charging figures for six luxury EVs from YallaMotor launch and comparison articles published between June and October 2026, and UAE charger power from our August 2026 charging guide. Range per kWh divides each maker's claimed range by its quoted battery size. Dollar figures use the dirham's fixed peg of 367.25 fils to the US dollar. Rival prices for the Macan Electric, GV90, iX and EQS SUV are from June 2026. Our October EV top 10 lists prices well below our price guides for the same models, so we did not use them. Where our articles disagree on the Ferrari Luce's price or power, we show the range or the newer figure.

Assumptions used in our calculations

·       Fils per US dollar: 367.25 fils — The UAE dirham's fixed peg to the US dollar, which is 100 fils to the dirham.

Sources

1.       Lexus RZ500e Launched in the UAE: Price, Specs and Range of the Electric Lexus SUV (YallaMotor article)
Ahmad Rashad Al Zeer · 8 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/lexus-rz500e-launched-uae-price-specs-55775

2.       Lexus ES500e UAE Launch: Price, Specs and How the Electric ES Stacks Up (YallaMotor article)
Ahmad Rashad Al Zeer · 8 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/lexus-es500e-launched-uae-price-specs-55753

3.       2027 BMW 3 Series Revealed: Neue Klasse Design, 443hp M350 xDrive and an Electric i3 With 912km Range (YallaMotor article)
Ahmad Rashad Al Zeer · 9 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/2027-bmw-3-series-revealed-m350-electric-i3-specs-55755

4.       DENZA Z Coupe, Spider and Racing: BYD’s Premium Brand Takes On Porsche With an Electric Supercar (YallaMotor article)
Ahmad Rashad Al Zeer · 8 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/denza-z-coupe-spider-racing-byd-premium-electric-supercar-vs-porsche-55847

5.       Ferrari Luce Deliveries Begin: Price, Specs and When the First Electric Ferrari Arrives in the UAE (YallaMotor article)
Ahmad Rashad Al Zeer · 3 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/ferrari-luce-deliveries-price-specs-first-electric-ferrari-uae-55815

6.       79% of UAE Buyers Say They Want an EV - So Why Are They Still Driving Petrol in 2026? (YallaMotor article)
Ahmad Rashad Al Zeer · 13 Sept 2026 · retrieved 14 Sept 2026
https://www.yallamotor.com/news/uae-buyers-want-ev-still-driving-petrol-2026-55376

7.       Ferrari Luce vs Porsche Macan Electric vs Genesis GV90: The 2026 Electric Luxury Showdown (YallaMotor article)
Ahmad Rashad Al Zeer · 28 Aug 2026 · retrieved 14 Sept 2026
https://www.yallamotor.com/news/ferrari-luce-vs-porsche-macan-electric-vs-genesis-gv90-2026-electric-luxury-showdown-55382

8.       Lexus Goes Electric in the UAE: An Interview with Al-Futtaim Lexus MD Jacques Brent (YallaMotor article)
Ahmad Rashad Al Zeer · 1 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/lexus-electric-uae-interview-jacques-brent-55783

9.       Tesla Roadster vs Rimac Nevera vs Ferrari Luce: The Fastest Electric Cars Heading to the GCC (YallaMotor article)
Ahmad Rashad Al Zeer · 9 Nov 2026 · retrieved 9 Nov 2026
https://www.yallamotor.com/news/tesla-roadster-vs-rimac-nevera-vs-ferrari-luce-fastest-electric-cars-gcc-55813

10.   The Complete GCC EV Public Charging Guide 2026: Every Network, Tariff and App from Dubai to Riyadh (YallaMotor article)
Ahmad Rashad Al Zeer · 9 Sept 2026 · retrieved 14 Sept 2026
https://www.yallamotor.com/news/gcc-ev-public-charging-guide-networks-tariffs-apps-dubai-riyadh-55557

11.   Car Prices in UAE (2026): Complete Guide for Over 50 Models in All Segments (YallaMotor article)
Ahmad Rashad Al Zeer · 13 Sept 2026 · retrieved 14 Sept 2026
https://www.yallamotor.com/news/car-prices-uae-2026-complete-guide-50-models-all-segments-55306

Every figure on this page links to the source it came from. Judgement and recommendations are labelled YallaMotor analysis.

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