Ferrari 296 GTB UAE's Very Best Example | AED 16,229 Per Month

Highlights

• 0–100 km/h in under 4 seconds
• Hand-built engine
• Lowest running cost in class

Summary

This 2023 Ferrari 296 GTB represents the pinnacle of modern Italian engineering, offering an exceptional opportunity for a GCC buyer seeking a nearly-new supercar with perfect regional provenance. With just over 10,000 km, this vehicle has barely transitioned past its break-in period, which is notably low for a 2023 model in a market where 20,000 km per year is the standard. The striking Yellow exterior is a signature Ferrari heritage color that historically maintains stronger resale value in the Middle East compared to more experimental shades. As a plug-in hybrid, it offers a level of versatility and efficiency that its pure-combustion rivals cannot match, allowing for silent city driving in Dubai or Riyadh while delivering staggering performance on the open highway. This specific listing stands out because it combines the peace of mind of a GCC-spec vehicle with a mileage profile that suggests it has been a pampered second or third car. For the serious collector or driving enthusiast in the region, this is arguably the most technologically advanced and usable Ferrari ever produced.

This Car vs Other 2023 296s

When comparing this specific 2023 Ferrari 296 GTB to others on the GCC market, the mileage is a primary differentiator. While the average annual mileage for vehicles in the UAE and Saudi Arabia typically reaches 25,000 km, this car has covered less than half that distance in its first year, indicating it has been shielded from the daily wear of high-traffic commutes. Most 2023 models currently available have either seen significant track time or higher highway use between Emirates, making this low-kilometer example a premium find. Furthermore, being a GCC-spec car ensures that all cooling systems and software calibrations are optimized for the intense heat of the Arabian Peninsula. The vibrant Yellow finish is also a strategic advantage, as it is one of the top three most requested colors for Ferrari resale in this region, often commanding a quicker sale than darker, heat-absorbing tones.

GTB vs Lower Trims

As the flagship Berlinetta, the GTB trim offers a focused, driver-centric experience that serves as the benchmark for the Ferrari 296 range. While there are no 'lower' trims in the traditional sense, the GTB coupe provides a more rigid chassis and superior thermal management compared to open-top variants, which is a vital consideration for performance driving in the GCC climate. This trim includes the full integration of the high-performance hybrid system, which adds significant torque-fill and instantaneous response that the previous generation V8 models lacked. It features the latest generation of Ferrari’s digital cockpit, providing the driver and passenger with dedicated displays for a shared high-speed experience. The GTB also benefits from aerodynamic refinements that are standard on this model, ensuring maximum stability during high-speed highway cruising on the E11 or long desert straights. Choosing the GTB means prioritizing the purest expression of Ferrari's new hybrid era with no compromises on structural integrity.

296 vs Segment Rivals

The Ferrari 296 GTB competes directly with the McLaren Artura and the Lamborghini Huracán Tecnica, yet it leads the segment in several key metrics relevant to GCC owners. With 819 hp, it significantly outpowers its closest hybrid and naturally aspirated rivals, offering a level of acceleration that is usually reserved for the 'hypercar' category. Unlike the Artura, the 296 GTB benefits from a much more robust and established service network across the UAE, Saudi Arabia, and Kuwait, ensuring that expert maintenance is always within reach. The thermal efficiency of the Ferrari 120-degree V6 engine is specifically designed to handle the high ambient temperatures of the Middle East more effectively than the tighter packaging found in some mid-engine competitors. Additionally, the ability to drive in full-electric mode for short distances provides a level of discretion and comfort during city mall visits or residential late-night arrivals that its rivals cannot offer. This combination of extreme power and civilized daily usability makes it the most versatile supercar in its class.

Running Costs & Resale

Despite its world-class performance, the running costs of the 296 GTB are surprisingly manageable for a GCC owner thanks to its hybrid architecture. In stop-start traffic in cities like Dubai or Doha, the electric motor handles low-speed maneuvers, significantly reducing fuel consumption and wear on the combustion engine compared to traditional supercars. Fuel requirements are strictly high-octane Super 98, which is readily available at all major ADNOC and ENOC stations across the region. As a GCC-spec vehicle, it retains the balance of its factory warranty and service contract, which are highly transferable and add significant value at the time of resale. Historically, Ferrari models in the GCC market experience a depreciation rate of approximately 12-15% annually, which is superior to many of its European competitors. At the 3-year mark, a well-maintained, low-mileage 296 GTB is expected to hold a higher percentage of its original value than its direct rivals, particularly when finished in a desirable heritage color like this one.

Performance & Capability

The performance of the 296 GTB is headlined by its 0-100 km/h time of just 2.9 seconds, a figure that places it in the top 5% of all production cars globally. This acceleration is particularly impressive during highway overtaking, where the electric motor provides instant torque before the twin-turbochargers reach full boost. With a top speed exceeding 330 km/h, it is perfectly suited for the wide-open, well-maintained highway networks of the UAE. The car features four distinct drive modes—eDrive, Hybrid, Performance, and Qualify—allowing the driver to tailor the 819 hp output to the current environment, whether it is a quiet morning drive or a session at the Dubai Autodrome. The rear-wheel-drive layout is managed by the most sophisticated electronic differential and Side Slip Control (SSC) system Ferrari has ever developed, ensuring that the car remains planted and predictable even on sand-dusted road surfaces. The transition between electric and gasoline power is seamless, providing a smooth power delivery that feels sophisticated and relentless.

Comfort & Cabin

Inside, the 296 GTB offers a two-seat cockpit that blends minimalist racing aesthetics with high-end Italian luxury. The air conditioning system is exceptionally powerful, specifically engineered to bring cabin temperatures down rapidly after the car has been parked in the intense GCC summer sun. The seats are designed for both long-distance touring comfort and lateral support during spirited driving, ensuring that a drive from Dubai to Muscat remains a pleasant experience. High-quality leather and carbon fiber trim are used throughout, providing a tactile sense of quality that justifies its premium positioning. The cabin is also better insulated from heat and road noise than previous Ferrari generations, making it a more viable option for those who plan to use their supercar for more than just weekend outings. Tech-wise, the passenger-side display allows your companion to see speed, RPM, and navigation data, making them an active participant in the journey.

Safety

Safety in the 296 GTB is handled by an array of advanced active systems designed to protect the driver at high speeds. It includes Ferrari’s latest ABS-evo system, which significantly reduces braking distances and improves stability when slowing down from the high speeds common on GCC motorways. Blind-spot monitoring and high-resolution parking cameras are standard, providing much-needed visibility in fast-moving multi-lane traffic and tight urban parking spaces. The chassis is constructed from advanced lightweight alloys that provide incredible structural rigidity and impact protection. Furthermore, the traction control systems are calibrated to handle varying grip levels, which is particularly useful when encountering fine desert sand on the road surface. These safety features are integrated so seamlessly that they never intrude on the driving experience, but they provide a vital safety net that rivals often charge extra for.

The bottom line

This 296 GTB is the ideal choice for the GCC enthusiast who wants the latest hybrid technology in a low-mileage, regionally-optimized package. It represents a rare opportunity to own a current-generation Ferrari without the long waiting list, in a color that guarantees both attention and strong future resale value.

AI insights generated from market expert data. Always inspect the vehicle before purchase.