Parkin Company PJSC has announced a strategic agreement with Dubai Holding to provide advanced parking solutions across several master-planned communities in Dubai. The deal will see Parkin managing around 29,600 paid parking spaces. This expands Parkin’s total developer-owned portfolio to approximately 50,400 spaces, with operational income expected to be moderately impacted from mid-Q3 2025.

The company revealed it will oversee end-to-end parking operations by using advanced digital technologies, enforcement systems, and real-time data analytics. These tools aim to improve operational efficiency and optimize parking management across the designated areas. This move responds to increasing pressure on parking availability in key Dubai destinations.

Through this partnership, Parkin and Dubai Holding aim to enhance space optimization, accessibility, smart mobility, and urban connectivity. The agreement reflects a shared commitment to invest in modern, efficient, and user-friendly mobility infrastructure. The collaboration is expected to improve traffic flow, reduce congestion, and enhance the daily mobility experience for residents and visitors.

Eng. Mohamed Abdulla Al Ali, CEO of Parkin, stated that the partnership strengthens Parkin’s presence in the private developer parking segment. He added it will extend the company’s market-leading solutions while delivering integrated urban mobility experiences. The rollout will be phased and aligned with Parkin’s operational standards, supporting Dubai’s ongoing expansion with sustainable and resident-centric infrastructure.

Key points:

• Parkin to manage 29,600 paid parking spaces in Dubai
• Expansion increases total spaces to 50,400 by mid-Q3 2025
• Use of digital tech and data analytics for parking optimization

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