Dubai-based Parkin Company PJSC has signed a five-year agreement with Damac Properties. Parkin will optimise the use of over 3,000 parking spaces across Damac's developments in both Dubai and Abu Dhabi, marking its first entry into the UAE capital's parking market.
Photos by File
In Damac Hills 1, the company will manage 500 on-street parking spaces; Parkin will operate 2,700 spaces across 44 residential and commercial towers located in various locations, including sites in Downtown, DIFC, Dubai Marina, Business Bay in Dubai and Al Reem Island in Abu Dhabi.
Parkin will offer a combination of visitor and permit parking for both short and long-term users across Damac’s residential towers, commercial buildings and community malls. These locations will be fully integrated into the Parkin mobile app.
Implementation will commence in Q1 2026. The rollout will involve full integration of Parkin’s advanced technologies with Damac’s existing infrastructure, ensuring seamless connectivity across access control, automatic number plate recognition (ANPR) and enforcement systems.
Eng. Mohamed Abdulla Al Ali, CEO of Parkin, said: “We are creating seamless, convenient parking solutions tailored to the needs of residents, visitors and tenants. In addition, expanding into Abu Dhabi marks a milestone in our growth strategy, as we extend our reach beyond Dubai.”
Mohammed Tahaineh, Chief Project Officer of DAMAC Properties, said: “Our unique communities are designed to deliver high standards of convenience, comfort and safety. Partnering with Parkin ensures that residents and visitors stand to benefit from world-class parking solutions powered by smart technology.”
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