Latest news with #MohamedAbdullaAlAli
Arabian Business
23-03-2025
- Automotive
- Arabian Business
New Dubai parking fees to begin on April 4
Dubai parking fees will change from April 4, following the Eid Al Fitr holidays. Parkin, the largest operator of paid parking services in Dubai, confirmed the changes and revealed prices and operating hours in a disclosure to the DFM. The parking operator identified peak times for car parking fees in the city and gave a detailed breakdown of applicable fees, depending on the zone. Dubai parking fees and hours explained The DFM statement, signed by Parkin CEO Mohamed Abdulla Al Ali, said: 'We would like to disclose to the market that Parkin Company PJSC has received a letter from Dubai's Roads and Transport Authority (RTA) regarding the decision to introduce variable tariff pricing.' It went on to say that peak pricing will apply for six out of the 14 chargeable hours per day (8am–10am and 4pm–8pm), excluding Sundays and public holidays. Tariffs during off-peak hours (10am–4pm and 8pm–10pm) will remain unchanged, with pricing in line with the existing tariff structure. Public parking in Dubai is divided into four distinct zones. Under premium peak pricing rules parking will be 50 per cent more expensive. Zone A Parking duration Peak tariff Off-peak tariff Premium peak Premium off-peak 30 minutes AED2 AED2 AED3 AED2 1 hour AED4 AED4 AED6 AED4 2 hours AED8 AED8 AED12 AED8 3 hours AED12 AED12 AED18 AED12 4 hours AED16 AED16 AED24 AED16 Zone B Parking duration Peak tariff Off-peak tariff Premium peak Premium off-peak 1 hour AED4 AED3 AED6 AED3 2 hours AED8 AED6 AED12 AED6 3 hours AED12 AED9 AED18 AED9 4 hours AED16 AED12 AED24 AED12 Day rate AED30 AED30 AED40 AED40 Zone C Parking duration Peak tariff Off-peak tariff Premium peak Premium off-peak 30 minutes – – – – 1 hour AED4 AED2 AED6 AED2 2 hours AED8 AED5 AED12 AED5 3 hours AED12 AED8 AED18 AED8 4 hours AED16 AED11 AED24 AED11 Zone D Parking duration Peak tariff Off-peak tariff Premium peak Premium off-peak 1 hour AED4 AED2 AED6 AED2 2 hours AED8 AED4 AED12 AED4 3 hours AED12 AED5 AED18 AED5 4 hours AED16 AED7 AED24 AED7 Day rate AED20 AED20 AED30 AED30
The National
22-03-2025
- Business
- The National
New variable parking charges in Dubai to start on April 4
New variable parking fees are set to be charged in Dubai from April 4, following the Eid Al Fitr break. A statement filed on Friday with the Dubai Financial Market (DFM), by Dubai's main parking operator Parkin, said that the company had 'received a letter from Dubai's Roads and Transport Authority regarding the decision to introduce variable tariff pricing'. The filing, signed by Parkin chief executive Mohamed Abdulla Al Ali, said that peak pricing will apply for six out of the 14 chargeable hours each day, from 8am to 10am, excluding Sundays and public holidays. Tariffs during the off-peak hours of 10am to 4pm and 8pm to 10pm are expected to remain unchanged. Public parking in Dubai is divided into four zones – A, B, C and D. On Tuesday, Parkin announced on social media platform X that it was in the process of updating parking zones. The provider, set up in January last year to manage parking in the emirate, said at the time that some zones will retain their codes, while others will have updated codes. For example, some zones in 'A,' 'B,' 'C,' and 'D' are now labelled as 'AP,' 'BP,' 'CP,' and 'DP.' The parking operator has asked drivers to check updated zone codes when parking or to refer to the Parkin website and app. Parkin was listed on the DFM in March 2024. It manages more than 200,000 paid parking spaces across Dubai, including public parking, public multi-storey parking spaces as well as some privately-owned parking spaces under long-term contracts. The company's other revenue streams include enforcement and issuance of seasonal permits, parking reservations and other commercial activities.
Khaleej Times
21-03-2025
- Business
- Khaleej Times
Dubai: New variable parking fees to start on April 4
New variable parking fees in Dubai will take effect on April 4, Parkin PJSC – the largest operator of paid public parking facilities and services in the emirate – confirmed in a company disclosure posted by Dubai Financial Market on Friday. 'We would like to disclose to the market that Parkin Company PJSC has received a letter from Dubai's Roads and Transport Authority (RTA) regarding the decision to introduce variable tariff pricing,' said in the letter signed by Parkin CEO Mohamed Abdulla Al Ali. He confirmed peak pricing will apply for 6 out of the 14 chargeable hours per day – from 8am to 10am (2 hours) and 4pm to 8pm (4 hours), excluding Sundays and public holidays. Parking fees during off-peak hours from 10am to 4pm; and 8pm to 10pm will remain unchanged, with pricing in line with the existing tariff structure. The variable tariff is expected to be implemented after the Eid al Fitr holidays, specially from April 4. Currently, Parkin is implementing Ramadan timings with two periods of chargeable hours from Monday to Saturday. The first period is from 8am – 6pm; and second period is from 8pm to 12 midnight. Pricing is in line with the existing tariff structure. Parking is free between 6pm and 8pm Monday to Saturday and whole day Sundays during Ramadan only. Multi-level parking buildings operate 24/7. Khaleej Times was the first to report that Parkin has started putting up new parking signages in various commercial and residential areas across the city, in line with the implementation of new variable parking fees in April. Parkin also sent notifications last week to its customers who are using the app that read: 'Please be advised that the zone codes have been updated, but the tariff pricing remains unchanged. For example, zone code 'A' is now 'AP' and the parking fees remains the same.' Know the zones Paid public parking in Dubai is mainly divided into four different zones: A, B, C, D – which will become AP, BP, CP, and DP. The zones are further classified into standard and premium parking areas, which have different tariffs. There are other parking codes/zones in different commercial areas of Dubai such as codes E, I, J, K and L at Jumeirah Lakes Towers (JLT); Code F – Knowledge Village, Dubai Media City, Dubai Internet City; Code G – Burj Khalifa, Marasi Bay, Dubai Health Care City, Dubai Hills; Code H – Dubai Silicon Oasis; and Code X – around Dubai World Trade, where parking is Dh25 per hour when there are events. Higher fees for premium parking The implementation of new variable parking fees translates to higher parking fees during peak hours in some premium areas. For example, parking at a residential area in Al Barsha that carries code 373CP – designated as premium area – during peak hours (8am to 10am; 4pm to 8pm) will become: Dh6 for 1 hour (from the current Dh2 for 1 hour, as it still carries a 373C or non premium area code) Dh12 for 2 hours (from Dh 5 for 2 hours Dh18 for 3 hours (Dh 8 for 3 hours) Dh24 for 4 hours (Dh 11 for 4 hours) During off-peak hours, in the same area, parking fees remain as: Dh2 for 1 hour Dh5 for 2 hours Dh8 for 3 hours Dh11 for 4 hours What are premium parking areas? Parkin said they are 'currently engaged in advanced discussions with the Roads and Trasnport Authority (RTA) to confirm and finalise outstanding points regarding the variable pricing tariff, which is set to be introduced from early April 2025.' The announcement about the increase in tariffs in premium parking areas was first announced by Parkin in November last year. Al Ali earlier explained: 'The locations for premium parking spaces were selected based on three criteria: First, ease of access to the area using public transport, such as areas within 500 metres of a metro station; second, areas with high parking occupancy during peak periods; and third, density and congestion, such as markets and commercial activity zones.'
Khaleej Times
28-02-2025
- Automotive
- Khaleej Times
Dubai: Variable parking fee to start from April, Parkin announces
Parkin PJSC — the largest operator of paid public parking facilities in the emirate — said the new variable pricing tariff is set to be introduced from early April 2025 across Dubai. Public parking is classified into four tariff zones – A,B, C, D – with premium and standard zones for both on and off-street parking. Parkin said peak pricing for standard parking spaces in zones A to D will apply for six out of the 14 chargeable hours per day . During peak hours (from 8am to 10am and 4pm to 8pm) premium parking will be charged at Dh6 per hour across all public parking zones (A,B, C, D), except on and public holidays. Tariffs during off-peak hours (10am– 4pm and 8pm – 10pm) will remain unchanged, with pricing in line with the existing tariff structure. Zones B and D will continue to offer a daily rate option. The daily tariff for premium parking will be Dh40 in Zone B and Dh30 in Zone D. Ramadan timings Chargeable hours, however, will change during Ramadan as there will be two periods from Monday to Saturday. The first period will be from 8am – 6pm; and second period is from 8pm to 12 midnight. Parking is free between 6pm and 8pm Monday to Saturday and whole day Sundays during Ramadan only. Multi-level parking buildings operate 24/7. Premium parking areas Parkin said they are 'currently engaged in advanced discussions with the Roads and Trasnport Authority (RTA) to confirm and finalise outstanding points regarding the variable pricing tariff, which is set to be introduced from early April 2025.' The announcement about the increase in tariffs in premium parking areas was first announced by Parkin in November last year. Eng. Mohamed Abdulla Al Ali, CEO of Parkin, explained: 'The locations for premium parking spaces were selected based on three criteria: First, ease of access to the area using public transport, such as areas within 500 meters of a metro station; second, areas with high parking occupancy during peak periods; and third, density and congestion, such as markets and commercial activity zones. 'Premium parking spaces include, for example, commercial areas in parts of Deira and Bur Dubai, Downtown Dubai, Business Bay, Jumeirah and Al Wasl Road and other locations,' he added. Approximately 35 per cent of the company's public parking portfolio of 184,000 spaces will qualify as premium parking.
TECHx
24-02-2025
- Automotive
- TECHx
Parkin Launches App to Simplify Parking in Dubai - TECHx Media Parkin Launches App to Simplify Parking in Dubai
Parkin Launches App to Simplify Parking in Dubai News Desk - Share Parkin Company PJSC, a provider of paid public parking facilities in Dubai, has introduced a new mobile app designed to simplify parking for residents and visitors throughout the city. The app offers a range of features aimed at improving parking management, accessibility, and urban mobility. Key Features of the Parkin App: Multiple Registration Options: Users can sign up quickly through account creation, UAE Pass, or RTA account integration. Users can sign up quickly through account creation, UAE Pass, or RTA account integration. Payment and Wallet Management: Make payments for public and multi-storey parking, top-up wallet balances, and manage vehicle details. Seasonal subscriptions are also available for added convenience. Make payments for public and multi-storey parking, top-up wallet balances, and manage vehicle details. Seasonal subscriptions are also available for added convenience. Fines and Refunds: Pay parking fines, dispute charges, and request refunds directly through the app. Pay parking fines, dispute charges, and request refunds directly through the app. Real-Time Parking Finder: The clustering feature helps users locate available parking spaces in real-time, with live availability updates for on-street and off-street options. The clustering feature helps users locate available parking spaces in real-time, with live availability updates for on-street and off-street options. Flexible Payment Options: A PayLater feature enables deferred payments, while dynamic auto-renewal ensures continuous service. Users can also schedule parking in advance. A PayLater feature enables deferred payments, while dynamic auto-renewal ensures continuous service. Users can also schedule parking in advance. AutoPay and ANPR Technology: The app uses automatic number-plate recognition (ANPR) technology for frictionless parking at Parkin-operated multi-storey car parks and select Majid Al Futtaim malls, like Mall of the Emirates and Deira City Centre. This eliminates the need for physical tickets or payment machines. Additional Features: Parking Reservations and Extensions: Users can easily reserve parking spaces or extend their tickets through the app. Users can easily reserve parking spaces or extend their tickets through the app. EV Charging and Car Maintenance Services: Future updates will offer integrated EV charging payments and various car care services, such as washing, refuelling, and maintenance, through a partnership with ENOC. These services will be available at select Parkin locations. Eng. Mohamed Abdulla Al Ali, CEO of Parkin, stated, 'The Parkin app is designed with our customers in mind, offering an intuitive and efficient solution that enhances urban mobility and supports Dubai's 2040 Urban Master Plan for a sustainable, connected city.' The app's future updates will include additional services like car maintenance and EV charging, further improving the convenience and experience for Parkin users. For more information, visit the Parkin app on your mobile device.
