Parkin, Dubai’s leading provider of paid public parking facilities, has signed a landmark five-year agreement with DAMAC Properties to manage approximately 3,600 parking spaces across the developer’s portfolio in Dubai and Abu Dhabi.
The partnership marks Parkin’s first entry into the Abu Dhabi parking market and forms part of the company’s strategy to expand its footprint in developer-led parking solutions.
The collaboration aims to enhance traffic flow, improve user convenience and elevate smart mobility standards across some of the UAE’s highest-profile communities.
Parkin teams up with DAMAC Properties
According to Parkin, the agreement covers around 500 on-street parking spaces in DAMAC Hills 1, as well as approximately 2,700 spaces across 44 residential and commercial towers in locations including Downtown Dubai, DIFC, Dubai Marina, Business Bay and Al Reem Island in Abu Dhabi.
As part of the transformation, Parkin will provide a mix of visitor and permit parking options for short- and long-term users across DAMAC’s residential towers, commercial buildings and community malls.
All locations will be fully integrated into the Parkin mobile app, giving users access to a unified platform for managing parking services. The company said the digital integration will streamline customer journeys and improve overall convenience.
Implementation will begin in Q1 2026, with the rollout including full integration of Parkin’s advanced technologies with DAMAC’s existing infrastructure.
This will cover access control systems, automatic number plate recognition (ANPR) and enforcement solutions designed to improve scalability, reliability and operational efficiency across all managed sites.
Parkin eyes Abu Dhabi expansion
Eng. Mohamed Abdulla Al Ali, CEO of Parkin, said: “This five-year partnership with DAMAC is a strong endorsement of Parkin’s three decades of expertise in technology, operations and enforcement. It reflects the value we deliver to partners and developers by applying our proven capabilities to some of the UAE’s most best-known communities.
“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.
“Together with DAMAC, we aim to set new benchmarks in customer experience, operational efficiency, and smart mobility across the UAE.”
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.
“This exciting collaboration underscores our commitment to enhancing the customer journey across our developments in Dubai and Abu Dhabi.”
Parkin said the deal supports its long-term strategy to expand beyond Dubai and deliver technology-driven, scalable parking solutions that support the UAE’s urban mobility ambitions.
