DUBAI: Parkin Company PJSC, the leading provider of paid public parking facilities in Dubai, has signed a strategic agreement with Dubai Holding to introduce smart, community-centric parking solutions across several master-planned developments in the city. This marks a significant step in enhancing urban mobility and infrastructure efficiency.
Under the agreement, Parkin will manage approximately 29,600 new paid parking spaces, expanding its developer-owned portfolio to over 50,400 spaces. The operational rollout will begin in phases from mid-Q3 2025, with a modest impact anticipated on Parkin’s operational income.
The new system will leverage Parkin’s advanced digital technologies, real-time analytics, and automated enforcement solutions to improve traffic flow, accessibility, and the overall mobility experience within these residential and commercial zones. The initiative comes as a response to rising demand for parking across high-density areas in Dubai.
Eng. Mohamed Abdulla Al Ali, CEO of Parkin, highlighted the significance of the collaboration, stating that it strengthens Parkin’s presence in private developer segments and reaffirms its role in shaping Dubai’s smart mobility future. The project aligns with the emirate’s broader goals of seamless urban connectivity and sustainable transport infrastructure.
Both Parkin and Dubai Holding share a long-term vision for deploying intelligent transport technologies that create value for residents, reduce congestion, and ensure an optimised use of space. This digitally enabled, customer-first approach to parking supports Dubai’s growth as a smart and efficient global city.
