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".

UAE President, Zelenskyy discuss Ukraine crisis and bilateral ties
UAE condemns Iranian attack on Kuwait
UAE offers condolences after deadly South Africa bus crash
UAE launches annual award to honour changemakers
UAE becomes second country to approve Lipfendra to treat high cholesterol
Sharjah Police recovers AED 500,000 in stolen goods in under 3 hours
UAE welcomes Gaza agreement for Hamas disarmament
Sheikh Abdullah meets UK Foreign Secretary in London
