New Dubai variable parking rates likely to start April 4: Parkin

Dubai: Dubai’s parking areas operated by Parkin will see new variable rate pricing come into effect most likely from April 4.

The new rates, as had been announced earlier, will depend on peak and off-peak hours of the day.

Tariffs for off-peak hours - from 10am to 4pm and 8pm to 10pm - will remain unchanged, with 'pricing in line with the existing tariff structure', according to Parkin. The rates will not apply on Sundays and public holidays.

The DFM-listed company, which is part of the RTA universe, had earlier targeted an end-March launch date for the variable rate scheme.

What are the new rates? 

In Zone A, on-street premium parking for 30 minutes at peak/off peak rates will be - Dh3 and Dh2 respectively.

• For 60 minutes, the rates would be Dh6 and Dh4.

• For 2 hours, the rates scale up to Dh12 and Dh8.

• For 3 hours, the rates are Dh18 and Dh12, respectively.

• And for up to 4 hours, these become Dh24 and Dh16.

In Zone A, there are also standard parking rates for peak- and off-peak, with

• 30 minutes: Dh2

• 60 minutes: Dh4

• 2 hours: Dh8

• 3 hours: Dh12

• 4 hours: Dh16