Parkin updates Dubai's new parking tariff policy

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Parkin Company has provided an update on the new variable parking tariff policy, set to take effect in Dubai on April 4.

Following discussions with the Roads and Transport Authority (RTA), 40 per cent of Parkin’s public parking spaces will now be designated as Premium Parking, up from the original 35 per cent. The remaining public parking areas will be categorised as Standard Parking.

For private developer spaces, Parkin’s portfolio includes 19,200 slots, with about 35 per cent now subject to the variable tariff, up from the previous expectation of no spaces being affected.

As previously announced, the tariffs will be determined based on whether the parking facility is Standard or Premium, and the time of use - during peak or off-peak hours.

Currently, Parkin operates over 3,200 parking spaces in multi-storey car parks, where the rate remains AED 5 per hour, with a maximum fee of AED 40 for parking over 8 hours in a 24-hour period.

Meanwhile, the special tariff of AED 25 per hour that will apply around the Dubai World Trade Centre (DWTC) during major events, from 8:00 AM to 10:00 PM, will affect around 200 parking spaces.

At the time of announcement, the following grand events are scheduled to take place at the DWTC in 2025:

  • GITEX (October 13-17)
  • Beautyworld Middle East (October 27-29)
  • Gulfood Manufacturing (November 4-6)
  • The Big 5 (November 24-27)
  • Automechanika Dubai (December 9-11)

 

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