New update on Dubai’s variable parking tariff policy; see details

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.

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 currently in place.

Increase in Premium Parking spaces

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, Parkin’s private developer portfolio consisted of 19,200 parking spaces.

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 mega events

Additional information about the policy is available on Parkin’s website, mobile app and social media channels.