Tuesday, 02 January 2024 12:17 GMT

Dubai: Parkin Announces New 24/7 Paid Zone At Al Khail Gate


(MENAFN- Khaleej Times)

Parkin announced a new paid parking zone, located at Al Khail Gate. Called Zone 365N, the rate is Dh30 per day.

It is a paid zone for all hours of the day, and all throughout the week, including Sundays.

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Here is a breakdown of per hour charges during peak hours:

  • 1 hour: Dh4

  • 2 hours: Dh8

  • 3 hours: Dh10

  • 4 hours: Dh12

  • 5 hours: Dh14

  • 6 hours: Dh16

  • 7 hours: Dh18

  • 8 hours: Dh20

  • 9 hours: Dh22

  • 24 hours: Dh30

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Here is a breakdown of per hour charges during off-peak hours (no change):

  • 1 hour: Dh4

  • 2 hours: Dh8

  • 3 hours: Dh10

  • 4 hours: Dh12

  • 5 hours: Dh14

  • 6 hours: Dh16

  • 7 hours: Dh18

  • 8 hours: Dh20

  • 9 hours: Dh22

  • 24 hours: Dh30

Earlier this year, Dubai's largest provider of paid public parking facilities announced two new zones in Mirdif, which are free on Sundays and public holidays. These zones implement variable parking fees.

Variable pricing was implemented by Parkin in April, and applies different charges based on peak and off-peak hours.

The operator also rolled out monthly subscriptions for parking in some areas, which is non-refundable and can have up to 3 vehicles added under the same traffic file, although only a single vehicle can be active at one time. Read the Khaleej Times report for details on conditions for having multiple vehicles, how to subscribe, and a list of the zones.

With the addition of over 10,000 new parking spaces, Parkin posted a record revenue of Dh273.3 million in the first quarter this year, marking a 27 per cent increase as compared to the first three months of 2024. The first quarter revenues did not cover the period when Parkin introduced variable parking fees and hike in fees in premium category areas.

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