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Beauty Beginnings launches at Beautyworld Middle East to introduce 18 innovative brands to the MENA Region
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Hi Dubai
27-03-2025
- Hi Dubai
Parkin Announces Updates to Dubai's Variable Parking Tariff Policy
Parkin Company PJSC has announced key updates regarding Dubai's Variable Parking Tariff Policy, which is set to take effect on April 4, 2025. Introduced by the Roads and Transport Authority (RTA), the new policy will apply peak and off-peak tariffs across all public parking spaces and a significant portion of developer-managed parking facilities. Expansion of Premium Parking Zones Following discussions between Parkin and the RTA, the proportion of Premium Parking, which includes high-demand areas near public transport hubs, has been increased to 40% of Parkin's public portfolio, up from the previously announced 35%. The remaining 60% will be classified as Standard Parking. Developer Parking Now Included Initially, developer-owned parking spaces were expected to be exempt. However, under the updated policy, 35% of developer spaces will now be subject to variable tariffs, mirroring the public parking framework. MSCP and Grand Event Tariffs The Multi-Storey Car Park (MSCP) tariff remains unchanged at AED 5 per hour, capped at AED 40 for stays exceeding 8 hours in any 24-hour period. To manage high vehicle volumes during major events at the Dubai World Trade Centre (DWTC), a special AED 25 per hour tariff will apply to 200 designated spaces from 8:00 AM to 10:00 PM on event days. Upcoming DWTC events in 2025 include: GITEX (Oct 13–17) Beautyworld Middle East (Oct 27–29) Gulfood Manufacturing (Nov 4–6) The Big 5 (Nov 24–27) Automechanika Dubai (Dec 9–11) For more details, visit Parkin's website, mobile app, or social media channels. News Source: Emirates News Agency


Zawya
27-03-2025
- Zawya
Parkin announces Variable Parking Tariff Policy in Dubai
DUBAI - Parkin Company PJSC today announced an update in relation to the Variable Parking Tariff Policy. As previously announced by the Company, a Variable Parking Tariff Policy will become effective in Dubai from 4th April 2025. The new policy, introduced by the Roads and Transport Authority, applies peak and off-peak tariffs across 100% of the public parking portfolio and to approximately 35% of developer spaces, based on the type of parking facility (Standard Parking or Premium Parking) and whether the service is used during peak or off-peak hours. Premium Parking is categorised as parking facilities in high-demand, densely populated areas, including adjacent to or near public transport infrastructure. The zones are clearly marked with dedicated signage and tariff details on display. Additional information is now available on the Parkin website, via the Parkin mobile app and social media channels. Following further discussions between Parkin and the RTA, the RTA has designated approximately 40% of the Company's public portfolio as Premium Parking (up from a previously communicated 35%). The balance of the public parking portfolio will be categorised as Standard Parking. As at year-end 2024, the Company operated 3.2k parking spaces across six MSCPs. The MSCP parking tariff will remain unchanged at AED 5 per hour, chargeable around the clock, 365 days a year. However, customers parking for more than 8 hours in any 24 period will be subject to a maximum fee of AED 40. As at year-end 2024, the Company's private developer portfolio consisted of 19.2k spaces. Following discussions with the RTA, the expectation is that approximately 35% (up from a previously expected 0%) of Parkin's developer portfolio will be subject to the variable tariff. In line with the public parking portfolio, the Variable Parking Tariff Policy will also apply to developer parking spaces from 4th April 2025. A breakdown of tariffs that will apply to developer spaces can be found in the appendix. To manage increased vehicle volumes during grand events, a tariff of AED25 per hour will be in effect from 8:00 AM to 10:00 PM in the area immediately surrounding the Dubai World Trade Centre (DWTC). The grand events tariff will be applicable to approximately 200 spaces. At the time of announcement, the following grand events are scheduled to take place at the DWTC in 2025: GITEX (13 – 17 October / 5 days) Beautyworld Middle East (27 – 29 October / 3 days) Gulfood Manufacturing (4 – 6 November / 3 days) The Big 5 (24 – 27 November / 4 days) Automechanika Dubai (9 – 11 December 2025 / 3 days) MA


Emirates 24/7
27-03-2025
- Emirates 24/7
Parkin announces Variable Parking Tariff Policy in Dubai
Parkin Company PJSC today announced an update in relation to the Variable Parking Tariff Policy. As previously announced by the Company, a Variable Parking Tariff Policy will become effective in Dubai from 4th April 2025. The new policy, introduced by the Roads and Transport Authority, applies peak and off-peak tariffs across 100% of the public parking portfolio and to approximately 35% of developer spaces, based on the type of parking facility (Standard Parking or Premium Parking) and whether the service is used during peak or off-peak hours. Premium Parking is categorised as parking facilities in high-demand, densely populated areas, including adjacent to or near public transport infrastructure. The zones are clearly marked with dedicated signage and tariff details on display. Additional information is now available on the Parkin website, via the Parkin mobile app and social media channels. Following further discussions between Parkin and the RTA, the RTA has designated approximately 40% of the Company's public portfolio as Premium Parking (up from a previously communicated 35%). The balance of the public parking portfolio will be categorised as Standard Parking. As at year-end 2024, the Company operated 3.2k parking spaces across six MSCPs. The MSCP parking tariff will remain unchanged at AED 5 per hour, chargeable around the clock, 365 days a year. However, customers parking for more than 8 hours in any 24 period will be subject to a maximum fee of AED 40. As at year-end 2024, the Company's private developer portfolio consisted of 19.2k spaces. Following discussions with the RTA, the expectation is that approximately 35% (up from a previously expected 0%) of Parkin's developer portfolio will be subject to the variable tariff. In line with the public parking portfolio, the Variable Parking Tariff Policy will also apply to developer parking spaces from 4th April 2025. A breakdown of tariffs that will apply to developer spaces can be found in the appendix. To manage increased vehicle volumes during grand events, a tariff of AED25 per hour will be in effect from 8:00 AM to 10:00 PM in the area immediately surrounding the Dubai World Trade Centre (DWTC). The grand events tariff will be applicable to approximately 200 spaces. At the time of announcement, the following grand events are scheduled to take place at the DWTC in 2025: GITEX (13 – 17 October / 5 days) Beautyworld Middle East (27 – 29 October / 3 days) Gulfood Manufacturing (4 – 6 November / 3 days) The Big 5 (24 – 27 November / 4 days) Automechanika Dubai (9 – 11 December 2025 / 3 days) Follow Emirates 24|7 on Google News.