Parkin Company PJSC has signed a multi-year agreement with Binghatti Holding Ltd to manage parking spaces across several residential developments in Dubai.
Under the agreement, Parkin will operate around 1,200 parking spaces across selected Binghatti projects in Jumeirah Village Circle, Al Jaddaf and Business Bay. The locations are part of about 30 sites included in the rollout.
The company said the agreement supports its plan to expand within the developer-managed parking segment in Dubai. It added that the deal is not expected to have a significant impact on its financial performance.
App integration
Parking services at these locations will be integrated into Parkin’s mobile application. Users will be able to book short-term and long-term parking and purchase seasonal passes through a single platform.
The integration aims to improve convenience for residents and visitors while making better use of existing parking facilities.
Rollout timeline
The rollout is expected to begin toward the end of the second quarter of 2026. It will include the deployment of Parkin’s parking technologies across Binghatti developments, allowing automated entry, parking and exit.
Eng. Mohamed Abdulla Al Ali, CEO of Parkin, commented: “This agreement with Binghatti represents another important step in the expansion of Parkin’s developer parking portfolio and reflects the growing demand for professionally managed, technology enabled parking solutions across Dubai. By integrating our advanced digital capabilities and operational expertise across some of Binghatti’s key developments, we will deliver a seamless and convenient parking experience that supports efficient mobility. We look forward to working with Binghatti to optimise asset utilisation, enhance customer experience and contribute to the continued evolution of smart urban infrastructure in the city.”
Katralnada Binghatti, CEO of Binghatti Holding, commented: “At Binghatti, we view every aspect of the resident and visitor journey as an opportunity to deliver greater efficiency, convenience and long-term value across our developments. Our partnership with Parkin supports this vision by introducing a smart, digitally enabled parking ecosystem that strengthens accessibility and enhances day-to-day mobility. By integrating advanced parking capabilities across selected Binghatti developments, we are further elevating operational performance while supporting Dubai’s continued progress toward a more connected, efficient and future-ready urban environment, creating a seamless experience that reflects the standards of modern living and infrastructure excellence.”
