Parkin Expands into Sharjah Through Strategic Partnership with Arada at Aljada

Dubai, 15 July, 2026: Parkin Company PJSC ("Parkin" or the "Company"), UAE's leading provider of paid parking facilities and mobility services, has entered into a strategic partnership with master developer Arada to introduce its first smart paid parking system within Aljada, the large-scale mixed-use megaproject located in Sharjah. The partnership marks another milestone in Parkin's expansion into developer-led communities while enhancing parking convenience and availability for residents and visitors.

The new system, which comes into effect on 15 July 2026, will leverage Parkin's advanced parking technology, including Automatic Number Plate Recognition (ANPR), to deliver a seamless, ticketless parking experience while supporting the efficient management of parking spaces across the community.

The rollout covers designated on-street, off-street and selected retail parking locations, with parking tariffs and seasonal subscription options available for eligible areas. Residents will also continue to benefit from parking allocations as outlined in their Sale and Purchase Agreements or Title Deeds, while additional parking will be managed under the new paid parking system.

This collaboration represents another step in Parkin's strategy to expand its technology-enabled parking platform through partnerships with leading developers across the UAE, complementing its existing public parking operations.

Mohamed Abdulla Al Ali, CEO of Parkin, said: "Our partnership with Arada is another important step in extending Parkin's smart parking solutions to one of the UAE's fastest-growing communities. By combining advanced technology with efficient parking management, we will enable a more seamless experience for residents and visitors while ensuring parking resources are used more effectively as Aljada continues to grow."

Ahmed Alkhoshaibi, Group CEO of Arada, said: "The launch of Parkin's smart parking system at Aljada reflects our commitment to bringing best-in-class services to our communities and enhancing the everyday experience of our residents and visitors. Aljada has grown into one of the most dynamic urban destinations in the UAE — a place where tens of thousands of people live, work, study and spend their leisure time every day. A community operating at that scale deserves infrastructure of the same standard, and this partnership with Parkin delivers exactly that."

The new parking system includes on-street parking along Aljada's East Boulevard at AED 6.30 per hour inclusive of VAT, operating 24 hours a day, while designated off-street parking areas and parking lots will be available at AED 4.20 per hour inclusive of VAT between 8:00 am and 12:00 am. Visitors to the retail parking facilities at The Boulevard, Tiraz and Misk will enjoy the first two hours free, after which a tariff of AED 10 per hour will apply.

Residents can conveniently manage subscriptions through Parkin's digital platform, while visitors will be able to pay using Parkin's existing digital payment channels. The system has been designed to simplify parking, improve availability and support the long-term growth of the Aljada community.

For more information about parking tariffs, subscriptions and payment options, customers can visit the Parkin portal or contact the Parkin Customer Experience Centre at 800 7275.