Parkin Company PJSC, Dubai's parking authority, reports record revenue and profit for the fourth quarter and full year of 2025.
Parkin reports over 810,000 parking fines in Q4 2025, marking a major enforcement surge. Parkin issued 810,200 fines in Q4 2025, up 59% from 509,000 the prior year.
Field teams scanned 11.5 million plates, while smart cars covered 17.5 million plates. The fleet expanded to 27 smart scan vehicles in February 2025, boosting inspector capacity through tech and data-driven deployment.
Total public parking spaces grew to 193,200 by year-end, supporting Dubai's urban expansion. Public parking revenue rose 29% to Dhs 144.5 million in Q4 2025, with average hourly tariffs at Dhs 3.03. Peak-hour revenue hit Dhs 80.9 million, up from Dhs 52.6 million. Total Q4 revenue in 2025 reached a record Dhs 389.4 million.
Seasonal card sales also peaked, offering value amid variable tariffs introduced in April 2025, which charge up to Dhs 6 per hour in premium zones during peaks.
Eng. Mohamed Abdulla Al Ali, CEO of Parkin, said, “We closed 2025 with a strong quarter, converting disciplined execution into higher earnings. As in prior periods, we continued to expand our operational footprint, adding both public and developer parking spaces to our portfolio, supported by Dubai’s status as a world-class place to live, work, visit, and invest. Seasonal card sales reached record highs as customers continued to recognise the relative value offered by this product."
Parkin projects 5,500-7,500 new spaces in 2026, targeting Dhs 560 million to Dhs 610 million in public parking revenue.