Parkin Partners with Binghatti to Enhance Smart Parking in Dubai
Parkin inks Binghatti deal to expand smart parking network in Dubai
Gulf News
Image: Gulf News
Parkin Company PJSC has partnered with Binghatti Holding Ltd to expand its smart parking services in Dubai, managing around 1,200 parking spaces in areas like Jumeirah Village Circle and Business Bay. This initiative aims to improve urban mobility and convenience for residents and visitors through a digital platform by 2026.
- 01Parkin will manage 1,200 parking spaces in Dubai under a multi-year agreement with Binghatti.
- 02The integration will allow users to manage parking through the Parkin mobile app.
- 03The roll-out is expected to start in late Q2 2026, covering around 30 locations.
- 04The partnership aims to enhance convenience and improve asset utilization in Dubai.
- 05Parkin currently manages approximately 229,000 paid parking spaces across the emirate.
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Parkin Company PJSC, the largest provider of paid public parking services in Dubai, has entered into a multi-year partnership with Binghatti Holding Ltd to enhance its smart parking network. This collaboration will manage approximately 1,200 parking spaces across key areas such as Jumeirah Village Circle, Al Jaddaf, and Business Bay, which are experiencing significant growth. The agreement aims to integrate all parking locations into the Parkin mobile app, enabling users to manage both short-term and long-term parking seamlessly. The initiative is set to roll out by the end of Q2 2026, covering around 30 locations and utilizing advanced, barrierless parking technologies. Mohamed Abdulla Al Ali, CEO of Parkin, emphasized that the partnership addresses the increasing demand for tech-enabled parking solutions in Dubai, while Katralnada Binghatti, CEO of Binghatti Holding, noted that this aligns with their goal of enhancing living experiences through smart infrastructure. Parkin currently oversees around 229,000 paid parking spaces in Dubai, continuously innovating its services through digital solutions.
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This partnership will enhance urban mobility and provide more convenient parking options for residents and visitors in Dubai.
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