Parkin will operate and manage 29,600 paid parking spaces under a new agreement with Dubai Holding.
In a statement, Parkin said it will deploy advanced digital technologies and real-time data analytics to enhance operational efficiency and optimise parking management across the designated areas.
The partnership is expected to create added value for Dubai Holding’s communities, enhancing space optimisation, accessibility, smart mobility and urban connectivity.
This expands Parkin’s total developer-owned portfolio to 50,400 parking spaces, with a moderate impact on operational income from mid-Q3 2025.
Mohamed Abdulla Al Ali, CEO of Parkin, said the "operational rollout will proceed in phases".
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