The buyer won’t pay until your loan is cleared. Your bank won’t release until they’re paid. ClearDrive LoanClear breaks the deadlock — loan cleared, fines settled, RTA transfer done. All in one day.
All fees deducted from sale proceeds. Nothing upfront. Ever.
ClearDrive is built on TrustIn — the UAE’s leading regulated digital escrow platform. Your funds never touch ClearDrive. They go directly into a legally segregated TrustIn escrow account, released only when every condition is met.
Yes — ClearDrive LoanClear is an escrow facilitator, not a car buyer. You find your buyer privately (Dubizzle, Facebook, word of mouth) and we handle the loan clearance, paperwork, and safe payment transfer. This means you get full private sale price instead of a dealer lowball offer.
Yes. Funds are never held by ClearDrive. They go directly to TrustIn Financial Technologies LLC — an ADGM-regulated, FSRA-licensed escrow provider. Funds are only released when the RTA transfer is confirmed. Neither buyer nor seller can access the funds before completion.
All UAE banks — Emirates NBD, ADCB, Mashreq, FAB, DIB, Rakbank, Emirates Islamic, and all others. We work with any lender that has a UAE loan on the vehicle.
From signing documents to loan cleared is typically the same day. The full process from first WhatsApp to completed RTA transfer is usually 24–48 hours depending on bank processing times and Tasjeel availability.
AED 100,000. Below this amount cash handovers at Tasjeel are practical and we’d recommend that route. SafePay is designed for higher-value transactions where both parties want full protection.
No. The entire process is handled digitally — UAE Pass verification, document signing, and escrow setup all done on your phone. The only physical step is attending Tasjeel for the RTA ownership transfer, which you would need to do for any car sale anyway.
TrustIn Financial Technologies LLC — not ClearDrive. TrustIn is licensed by FSRA under the Abu Dhabi Global Market (ADGM) framework and powered by Emirates NBD. Your funds sit in a legally segregated Client Money Account until all conditions are fulfilled.
The seller’s net proceeds are held in escrow until the RTA transfer certificate is confirmed. If they don’t attend Tasjeel, they don’t get paid. Additionally, both parties are fully verified via UAE Pass — meaning we have their complete legal identity. A police case can be filed and a travel ban requested within hours if needed.
Yes. UAE banks accept third party settlement payments — this is how manager’s cheques already work in private car sales today. TrustIn sends a direct bank transfer to your bank’s settlement IBAN with your loan reference. The bank processes it and releases the mortgage.
Cash is common in UAE private car sales but carries serious hidden risk on high-value transactions. There is no note verification machine at Tasjeel. If you unknowingly accept counterfeit notes, UAE law treats the person in possession as criminally liable — not the buyer who gave them to you. The buyer is gone. You’re holding fake currency. You face investigation, arrest, fines, and potential deportation as an expat. SafePay eliminates this entirely. Buyer transfers verified bank funds into FSRA-regulated escrow before you attend Tasjeel. You receive confirmed, real money — with a full digital audit trail. No risk. No exposure.
For LoanClear: your Emirates ID, vehicle Mulkiya, loan account number, and a settlement letter from your bank. For SafePay: your Emirates ID and vehicle details. Everything is signed digitally on your phone — no printing, no office visits.
Open your escrow now and follow the steps. Done in minutes.