Latest news with #VariableParkingTariffPolicy
Filipino Times
27-03-2025
- Automotive
- Filipino Times
Dubai parking fees to change starting April 4 – Here's what you need to know
Starting April 4, 2025, Dubai's parking fees will change, so if you're an OFW who drives, take note! According to 'Parkin,' the new Variable Parking Tariff Policy means parking costs will depend on the time and location. 1. Premium vs. Standard Parking Premium Parking: These spaces are located in high-demand areas near public transport, like metro stations and business zones. They offer convenient access to key locations. Standard Parking: Meanwhile, these spaces are regular public parking with standard rates. Around 40% of Dubai's public parking will now be designated as Premium Parking, up from the previous 35%. 2. Peak vs. Off-Peak Parking Hours Dubai will now have different rates depending on the time of day: Peak Hours: This is the time when traffic and parking demand are high (08:00 AM to 10:00 AM | 04:00 PM to 08:00 PM). Off-Peak Hours: During off-peak hours, the parking demand is lower, offering cost-effective options (10:00 AM to 04:00 PM | 08:00 PM to 10:00 PM). If you're looking for free parking, you can enjoy it every night from 10:00 PM to 8:00 AM. It's even better on Sundays! Parking is completely free all day on Sundays. During peak hours, regular parking will cost AED 4 per hour, while premium spots will be AED 6 per hour. So, if you're working early or heading home during rush hour, plan your parking budget! 3. Parking during events If there's a big event like GITEX or Gulfood at Dubai World Trade Centre, parking fees will shoot up to AED 25 per hour from 8:00 AM – 10:00 PM. Expect this during major festivals, exhibitions, and concerts. 4. Avoid surprises – Check the 'Parkin App' To avoid getting shocked by the change in fees, check the Parkin website or mobile app for updated rates and designated parking zones. Final tip: Plan ahead! If you're used to parking near metro stations or malls, be prepared for higher fees. Consider using public transport, carpooling with a friend, or parking in cheaper spots during off-peak hours. Dubai's new parking system aims to reduce congestion, but for us OFWs, it means adjusting our driving habits. So, be smart, plan your parking, and avoid unnecessary gastos!
Hi Dubai
27-03-2025
- Automotive
- 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
Gulf Business
27-03-2025
- Automotive
- Gulf Business
New update on Dubai's variable parking tariff policy; see details
Image: Getty Images Parkin Company has shared an update on the upcoming 'Variable Parking Tariff Policy', which will take effect in Dubai starting April 4. The policy, introduced by the Roads and Transport Authority (RTA), will implement peak and off-peak tariffs across both the public parking portfolio and approximately 35 per cent of developer spaces in Dubai. The new tariff system will categorise parking into two types: Premium Parking and Standard Parking, based on the type of parking facility and whether the service is used during peak or off-peak hours. Premium Parking facilities will be located in high-demand, densely populated areas, particularly those near public transport infrastructure. These zones will be marked with dedicated signage, and tariff details will be displayed for the convenience of users. Additional information about the policy is available on Parkin's website, mobile app and social media channels. Courtesy: Parkin Increase in Premium Parking spaces According to a WAM report, following further discussions between Parkin and the RTA, it was confirmed that approximately 40 per cent of Parkin's public parking portfolio will be designated as Premium Parking, up from the previously communicated 35 per cent. The remainder of the public parking portfolio will be classified as Standard Parking. As of year-end 2024, Parkin Company operated 3,200 parking spaces across six multi-storey car parks (MSCPs). The tariff for MSCP parking will remain unchanged at Dhs5 per hour, chargeable 24 hours a day, 365 days a year. However, customers parking for more than eight hours in any 24-hour period will be subject to a maximum fee of Dhs40. Developer portfolio subject to new tariffs At year-end 2024, Approximately 35 per cent of these developer spaces will now be subject to the new tariff policy, a significant increase from the initial expectation of zero per cent. The same tariff policy that applies to public parking will also apply to developer spaces starting April 4. A detailed breakdown of tariffs for developer spaces can be found in the appendix provided by Parkin. Special event parking tariff To manage increased vehicle volumes during major events, a special tariff of Dhs25 per hour will be in effect from 8am to 10pm in the area surrounding the Dubai World Trade Centre (DWTC). This tariff will apply to approximately 200 parking spaces during
Zawya
27-03-2025
- Automotive
- 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
- Automotive
- 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.
