- iCAUR V23 Ownership Guide: Insurance, Servicing, and Maintenance Costs in UAE
- Why Ownership Costs Matter for the iCAUR V23
- Annual Insurance Costs
- Servicing Intervals and Costs
- Tyre Replacement (21-inch Wheels)
- Vehicle Registration
- DEWA Charging vs Petrol Costs
- Annual Running Cost Comparison
- Pros & Cons of iCAUR V23 Ownership
- Frequently Asked Questions
- Verdict
iCAUR V23 Ownership Guide: Insurance, Servicing, and Maintenance Costs in UAE
The iCAUR V23 has quickly become one of the UAE's most compelling budget electric SUVs, but the sticker price of 55,000 AED for the 2WD and 66,000 AED for the AWD is only the beginning of the story. To understand the true cost of ownership you need to factor in insurance, scheduled servicing, tyre replacement, registration, and everyday charging. This guide breaks down every recurring expense so you can budget with confidence.
Updated August 2026.
Why Ownership Costs Matter for the iCAUR V23
Electric vehicles are often marketed as cheaper to run than petrol equivalents, and for the most part that is true. However, the size of the saving depends heavily on how you charge, how far you drive, and how well the vehicle holds together over time. The iCAUR V23 benefits from Chery's established parts network in the UAE and an 8-year / 200,000 km warranty that covers the battery, which significantly de-risks long-term ownership.
Annual Insurance Costs
Comprehensive insurance for the iCAUR V23 in the UAE typically ranges from 3,000 to 4,000 AED per year, depending on the driver's age, no-claim discount, and chosen trim. The AWD variant at 66,000 AED usually sits near the top of that range because of its dual-motor drivetrain and higher insured value.
| Factor | Estimated Impact on Premium |
|---|---|
| 2WD variant (55,000 AED) | 3,000 - 3,400 AED / year |
| AWD variant (66,000 AED) | 3,400 - 4,000 AED / year |
| Driver under 25 | +10-15% loading |
| No-claim discount (3+ years) | -20 to -30% |
| Agency repair add-on | +300-500 AED |
Tips to reduce your premium: maintain a clean claims record, bundle with home insurance, and consider a higher voluntary excess if you are a careful driver.
Servicing Intervals and Costs
The iCAUR V23 follows a simplified EV service schedule of every 10,000 km or 12 months, whichever comes first. Because there is no engine oil, spark plugs, or transmission fluid to replace, routine servicing is largely about inspecting the battery health, cooling system, brakes, and suspension.
| Service Item | Interval | Estimated Cost (AED) |
|---|---|---|
| Annual inspection (year 1) | 10,000 km / 12 months | 350 - 500 |
| Cabin filter replacement | 20,000 km / 24 months | 120 - 180 |
| Brake fluid check / top-up | 20,000 km / 24 months | 150 - 250 |
| Battery health diagnostic | Every service | Included |
| Coolant system check | 40,000 km / 48 months | 200 - 350 |
| Major service (4 years) | 40,000 km / 48 months | 700 - 1,000 |
Over a typical 5-year ownership period you can expect to spend roughly 2,000 to 2,800 AED on scheduled servicing - a fraction of what a comparable petrol SUV would cost.
Tyre Replacement (21-inch Wheels)
The iCAUR V23 rides on bold 21-inch wheels, which look fantastic but come with a higher tyre replacement cost. Expect to pay between 900 and 1,400 AED per tyre for quality all-season rubber, meaning a full set of four runs 3,600 to 5,600 AED. Tyres typically last 40,000 to 60,000 km depending on driving style and alignment.
| Tyre Consideration | Detail |
|---|---|
| Wheel size | 21-inch |
| Cost per tyre | 900 - 1,400 AED |
| Full set of four | 3,600 - 5,600 AED |
| Expected tyre life | 40,000 - 60,000 km |
| Recommended replacement trigger | 3 mm tread or 5 years |
Vehicle Registration
Annual registration renewal in the UAE costs approximately 420 AED including the testing fee. Electric vehicles like the iCAUR V23 still require the standard RTA / Tasjeel inspection, though some emirates offer reduced fees or salik exemptions as part of green-vehicle incentives. Factor in roughly 500 AED per year including testing and admin.
DEWA Charging vs Petrol Costs
This is where the iCAUR V23 truly shines. Charging at home via a DEWA connection costs roughly 0.38 AED per kWh (residential tariff). Filling the AWD's 81.8 kWh battery from empty to full therefore costs about 31 AED for 501 km of range - an astonishingly low 0.06 AED per km.
| Metric | iCAUR V23 AWD (DEWA) | Comparable Petrol SUV |
|---|---|---|
| Energy / fuel cost per unit | 0.38 AED / kWh | 2.90 AED / litre |
| Full tank / charge cost | ~31 AED | ~200 AED (70 L) |
| Range per fill | 501 km | ~500 km |
| Cost per km | ~0.06 AED | ~0.40 AED |
| Annual fuel / energy (20,000 km) | ~1,200 AED | ~8,000 AED |
Even if you occasionally use public DC fast chargers at 0.60-0.70 AED per kWh, your blended cost per kilometre stays below 0.12 AED - still a fraction of petrol.
Annual Running Cost Comparison
Putting it all together, here is a realistic annual budget for the iCAUR V23 AWD versus a comparable petrol SUV, assuming 20,000 km of driving per year.
| Cost Category | iCAUR V23 AWD (AED) | Petrol SUV (AED) |
|---|---|---|
| Insurance | 3,700 | 3,500 |
| Servicing | 500 | 1,500 |
| Fuel / Energy | 1,200 | 8,000 |
| Tyres (amortised) | 1,000 | 800 |
| Registration | 500 | 500 |
| Total annual cost | ~6,900 AED | ~14,300 AED |
| Annual saving | ~7,400 AED | - |
Pros & Cons of iCAUR V23 Ownership
Pros:
- Dramatically lower fuel costs - save roughly 7,000 AED per year versus petrol.
- 8-year / 200,000 km battery warranty provides long-term peace of mind.
- Simplified servicing with fewer consumables.
- DEWA home charging is cheap and convenient.
Cons:
- 21-inch tyres are expensive to replace.
- Insurance can be on the higher side for younger drivers.
- Boot space of 280 L is modest for family road trips.
- Public fast-charging network still growing outside Dubai.
Frequently Asked Questions
How much does it cost to insure an iCAUR V23 in the UAE?
Comprehensive insurance typically ranges from 3,000 to 4,000 AED per year. The AWD variant and younger drivers will see premiums toward the upper end of that range.
How often does the iCAUR V23 need servicing?
The recommended service interval is every 10,000 km or 12 months. Each service is mainly an inspection of the battery, brakes, and cooling system, costing roughly 350-500 AED.
Is home charging with DEWA really cheaper than petrol?
Yes. At the residential DEWA tariff of about 0.38 AED per kWh, a full charge of the AWD model costs roughly 31 AED for 501 km, working out to around 0.06 AED per km - over six times cheaper than a comparable petrol SUV.
How long do the 21-inch tyres last?
Expect 40,000 to 60,000 km from a set of quality tyres. Budget 3,600 to 5,600 AED for a full replacement set, and rotate them annually to maximise life.
Verdict
The iCAUR V23 is one of the most affordable electric SUVs to own in the UAE. While the 21-inch tyres and insurance add some recurring cost, the savings on fuel and servicing - roughly 7,400 AED per year versus a petrol SUV - quickly offset those expenses. With an 8-year battery warranty and cheap DEWA home charging, the iCAUR V23 makes a compelling case for budget-conscious UAE buyers ready to go electric.
