You have not yet added any article to your bookmarks!
Join 10k+ people to get notified about new posts, news and tips.
Do not worry we don't spam!
Post by : Badri Ariffin
Parkin Company PJSC has solidified a significant five-year partnership with DAMAC Properties, marking a substantial growth in its developer parking operations. This collaboration enables Parkin to manage approximately 3,600 parking spaces in various prime residential and commercial areas in Dubai and Abu Dhabi.
This alliance is part of Parkin's strategic goal to enhance its footprint in elite real estate locales while optimizing traffic flow and mobility for everyday users. It also signifies Parkin's inaugural venture into the Abu Dhabi parking sector, adding a fresh dimension to its established presence in Dubai.
As part of the project, Parkin will oversee around 500 on-street parking spots in DAMAC Hills 1. Additionally, 2,700 other spaces across 44 towers—spanning Downtown, DIFC, Dubai Marina, Business Bay, and Al Reem Island—will be integrated into Parkin's comprehensive operating framework. These zones rank among the UAE’s most densely populated residential and commercial hubs, necessitating efficient parking solutions for residents and visitors alike.
A key element in this rollout is digital integration. All upcoming managed locations will connect with the Parkin mobile application, granting users access to visitor parking, permits, and related services through a single platform. This initiative aims to facilitate daily navigation and support a more structured flow of short- and long-term parking in DAMAC’s communities.
The implementation phase is set to commence in Q1 2026, involving the deployment and synchronization of advanced technologies, including access control, automatic number plate recognition, and enforcement systems. Parkin's unified technology framework is anticipated to boost efficiency and ensure seamless performance across all new facilities.
Through this partnership, both firms reinforce their dedication to modern, smart-city infrastructure, designed to adapt to the UAE’s expanding urban landscape while ensuring convenience and reliability for users.
Five remanded in baby skeleton probe
Teen girl, family remanded four days after baby skeleton found buried in Kelemak house compound; pol
Trump to visit China after Iran war delay
US President Donald Trump to meet Xi Jinping in Beijing on May 14–15 after visit was postponed due t
Japan officer held for China embassy breach
GSDF officer arrested for trespassing at Chinese Embassy in Tokyo; Beijing demands probe, citing ser
Rare Earth Shortage Risk for Germany, Korea
Germany and South Korea face rare earth supply risks as US and Japan secure deals amid China export
HK Arrests Over Jimmy Lai Biography Sale
Hong Kong police detain bookstore owner, staff over alleged sale of Jimmy Lai biography under strict
Fukushima Releases 55,000T Wastewater
Japan discharged over 55,000 tonnes of treated Fukushima water in FY2025, raising global concerns ov