Parkin to manage over 29,000 more parking spaces after Dubai Holding tie-up

Parkin, Dubai’s leading provider of paid public parking facilities and services, announced a strategic agreement with Dubai Holding to introduce parking solutions across a number of master-planned communities in Dubai.

Under the terms of the new agreement, Parkin will operate and manage around 29,600 paid parking spaces

The initiative expands Parkin’s total developer-owned portfolio to around 50,400 spaces, with a moderate impact on operational income from mid-Q3 2025

Through the agreement, Parkin will oversee the end-to-end management of parking operations. The implementation of controlled parking comes in response to increasing pressure on parking availability across key destinations.

The partnership aims to improve traffic flow, reduce congestion and enhance the day-to-day mobility experience for residents and visitors.

Eng. Mohamed Abdulla Al Ali, CEO of Parkin, said, “This strategic partnership with Dubai Holding strengthens our presence in the private developer parking segment, enabling us to extend our market-leading parking solutions across key communities in the emirate, while delivering integrated urban mobility experiences that enhance our customers’ quality of life."

"The operational rollout will proceed in phases, fully aligned with Parkin’s rigorous operational standards and commitment to improving efficiency and day-to-day convenience.” Al Ali added.