Parkin, Dubai’s main supplier of paid public parking services, has signed a landmark five-year settlement with DAMAC Properties to handle roughly 3,600 parking areas throughout the developer’s portfolio in Dubai and Abu Dhabi.
The partnership marks Parkin’s first entry into the Abu Dhabi parking market and types a part of the corporate’s technique to broaden its footprint in developer-led parking options.
The collaboration goals to boost site visitors circulate, enhance person comfort and elevate good mobility requirements throughout among the UAE’s highest-profile communities.
Parkin groups up with DAMAC Properties
Based on Parkin, the settlement covers round 500 on-street parking areas in DAMAC Hills 1, in addition to roughly 2,700 areas throughout 44 residential and business towers in places together with Downtown Dubai, DIFC, Dubai Marina, Enterprise Bay and Al Reem Island in Abu Dhabi.
As a part of the transformation, Parkin will present a mixture of customer and allow parking choices for short- and long-term customers throughout DAMAC’s residential towers, business buildings and group malls.
All places will likely be absolutely built-in into the Parkin cellular app, giving customers entry to a unified platform for managing parking companies. The corporate mentioned the digital integration will streamline buyer journeys and enhance general comfort.
Implementation will start in Q1 2026, with the rollout together with full integration of Parkin’s superior applied sciences with DAMAC’s present infrastructure.
This can cowl entry management methods, automated quantity plate recognition (ANPR) and enforcement options designed to enhance scalability, reliability and operational effectivity throughout all managed websites.
Parkin eyes Abu Dhabi growth
Eng. Mohamed Abdulla Al Ali, CEO of Parkin, mentioned: “This five-year partnership with DAMAC is a powerful endorsement of Parkin’s three many years of experience in know-how, operations and enforcement. It displays the worth we ship to companions and builders by making use of our confirmed capabilities to among the UAE’s most best-known communities.
“We’re creating seamless, handy parking options tailor-made to the wants of residents, guests and tenants. As well as, increasing into Abu Dhabi marks a milestone in our development technique, as we lengthen our attain past Dubai.
“Along with DAMAC, we purpose to set new benchmarks in buyer expertise, operational effectivity, and good mobility throughout the UAE.”
Mohammed Tahaineh, Chief Undertaking Officer of DAMAC Properties, mentioned: “Our distinctive communities are designed to ship excessive requirements of comfort, consolation and security. Partnering with Parkin ensures that residents and guests stand to learn from world-class parking options powered by good know-how.
“This thrilling collaboration underscores our dedication to enhancing the shopper journey throughout our developments in Dubai and Abu Dhabi.”
Parkin mentioned the deal helps its long-term technique to broaden past Dubai and ship technology-driven, scalable parking options that help the UAE’s city mobility ambitions.
