Begin typing your search above and press return to search.
proflie-avatar
Login
exit_to_app
election commmission
access_time 22 Nov 2024 4:02 AM GMT
Champions Trophy tournament
access_time 21 Nov 2024 5:00 AM GMT
The illness in health care
access_time 20 Nov 2024 5:00 AM GMT
The fire in Manipur should be put out
access_time 21 Nov 2024 9:19 AM GMT
America should also be isolated
access_time 18 Nov 2024 11:57 AM GMT
Munambam Waqf issue decoded
access_time 16 Nov 2024 5:18 PM GMT
DEEP READ
Munambam Waqf issue decoded
access_time 16 Nov 2024 5:18 PM GMT
Ukraine
access_time 16 Aug 2023 5:46 AM GMT
Foreign espionage in the UK
access_time 22 Oct 2024 8:38 AM GMT
exit_to_app
Homechevron_rightMiddle Eastchevron_rightUAEchevron_rightDubai introduces more...

Dubai introduces more paid parking spaces with higher fees

text_fields
bookmark_border
Dubai introduces more paid parking spaces with higher fees
cancel

Dubai: Residents in six key neighborhoods in Dubai will soon see an increase in paid parking spaces, accompanied by higher fees for premium spots. Following a successful IPO, Parkin Company has secured a four-year contract to operate and manage 7,456 parking spaces across Dubai. The agreement grants Parkin exclusive rights to issue fines for parking violations.

The project will involve the installation of parking meters, signage and road markings, with full operations expected by the end of next month. The new parking spots will be available from 8 am to 10 pm, Monday to Saturday.

The tariffs are as follows:





Eng Mohamed Abdulla Al Ali, CEO of Parkin, emphasized the growth potential and the opportunity to showcase the company’s technological and operational capabilities. Although Parkin anticipates a reduction in developer-owned parking spaces in the first half of 2024, the new deal helps maintain their parking capacity at levels similar to the end of 2023.

The changes come as part of Parkin's strategy to boost revenue and demonstrate excellence in parking management and enforcement.

Show Full Article
TAGS:Dubai newsSelect A TagParkinnew parking fees
Next Story