Dubai parking operator Parkin seeks fee increases. The publicly traded company submitted a request to the Roads and Transport Authority in February to adjust parking tariffs and seasonal card pricing. If approved, weighted-average public parking fees would rise. The proposals aim to minimize price discrepancies and align with the dynamic pricing system launched earlier this year while maintaining current discount frameworks. Parkin delivered strong financial results for 2025, with full-year revenues climbing 43 percent to Dhs1.326 billion and net profit rising 48 percent to Dhs625.5 million. Fourth-quarter performance was particularly robust, with Q4 revenues reaching Dhs389.4 million, up 47 percent year-over-year, and net profit surging 53 percent. The company's expansion strategy and record seasonal card sales drove growth as Dubai continues attracting global investment and residents.
