Parkin signs 5-year deal with Damac to manage 3,600 parking spaces across Dubai and Abu Dhabi
Parkin, Dubai’s leading provider of paid public parking spaces, has signed a Five Letter Agreement with Damac Agreements to manage approximately 3.6 million parking spaces in the developer’s field in Dubai and Abu Dhabi.
The partnership marks Parkin’s first entry into the Abu Dhabi Parking Market and is part of the company’s plan to expand its solutions into developer solutions.
The partnership aims to improve traffic flow, improve user convenience and raise smart travel standards in some of the UAE’s highest profile communities.
Parkin meets Damac buildings
According to Parkin, the agreement includes 500 street parking spaces in 5 Damac hills, and about 2,700 spaces in 44 residential areas including Dubai, Difc, Dubai Marina, Business Island in Abu Dhabi.
As part of the transformation, the park will provide a mix of visitor and parking options for long-term and long-term users throughout Damac’s residential, commercial buildings and community malls.
All locations will be fully integrated into the Parkin mobile app, giving users access to a unified platform to manage parking services. The company said digital integration will enhance the customer journey and improve convenience.
Implementation will begin in Q1 2026, with the rollout including full integration of Parkin’s advanced technology with Damac’s existing infrastructure.
This will cover access control systems, automatic Plate Recotion (ANTR) numbers and enforcement solutions designed to improve performance, reliability and operational efficiency across managed sites across managed sites across managed sites.
Parkin Eyes Abu Dhabi Expansion
Eng. Mohamed Abdulla Al Ali, Parkin’s CEO, said: “This five-year partnership with Damac is three years of Parkin’s technology, development.
“We create seamless, convenient parking solutions that meet the needs of residents, visitors and tenants. Furthermore, expanding into Abu Dhabi marks a milestone in our growth strategy, as we extend our reach beyond Dubai.
“In partnership with Damac, we aim to set new benchmarks in customer experience, operational efficiency, and smooth travel across the UAE.”
Mohammed Tahaineh, Chief Project Officer of Damac Properties, said: “Our unique communities are designed to deliver the highest levels of ease of use, comfort and convenience. Parkin ensures that residents and visitors stand to benefit from world-class parking facilities powered by Smart technology.
“This exciting partnership underscores our commitment to improving 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, scaled travel solutions that support the UAE’s travel ambitions.
