Dubai’s largest public parking operator, Parkin PJSC, has just expanded its paid parking zones to include Dubai Studio City and Dubai Outsource City. This update, announced on October 31, means more parking options for drivers and clear pricing to make parking easier across the city.

If you drive around these areas, you’ll now notice signboards marking the new paid zones with the T-code tariff system. Here’s what you can expect: parking rates start at Dh2 for half an hour and go up to Dh36 for a full day. For regular commuters and residents, monthly and long-term subscriptions are also available, starting from Dh315 per month up to Dh2,94

0 for a full year.

This expansion is part of Parkin’s larger plan to roll out more paid parking spaces citywide, a move aimed at reducing congestion and ensuring parking availability. Earlier this year, Parkin introduced similar zones at Al Jaddaf with variable charges depending on peak times. They also began managing parking at mosques across Dubai, giving worshippers one hour free during prayer times and paid parking afterwards.

For everyday drivers, this means more transparency and predictability in parking costs, helping you plan your day and budget better. For businesses, especially those with staff or clients visiting these hubs, it offers clearer expense management. With convenient monthly subscriptions, frequent parkers can save money and avoid the hassle of hourly payments.

Dubai’s parking ecosystem is evolving quickly, aiming to combine smart technology, clear rules, and customer convenience. Keep an eye out for these new zones and take advantage of the subscription plans if you regularly park in these areas.

Stay tuned for updates and make parking in Dubai simpler and smarter!

Call to action:

Are you a regular driver in Dubai Studio City or Dubai Outsource City? Check out Parkin’s new zones subscription plans to make your parking hassle-free. Share your parking experiences or questions below!

The latest fuel price announcement in the UAE is good news for many drivers and businesses alike. Starting November 1, petrol prices will take a slight dip, offering some relief at the pump after months of stability or gradual increases. 

For everyday motorists, this means lower fuel expenses every time they fill up, which could add up to significant savings over the month.

Savings for residents

For those who commute daily, especially in busy cities like Dubai and Abu Dhabi, this drop could mean more money in your pocket to spend on other essentials or even a small treat, whether that’s dining out, shopping, or saving for other plans. 

With petrol prices dropping from around Dh2.77 to Dh2.63 for Super 98 and from Dh2.66 to Dh2.51 for Special 95, your monthly fuel bills could shrink noticeably, offering some breathing room in your household budget.

Benefit for businesses

Business owners, particularly in sectors like transport, delivery, and logistics, will also notice some benefits. Lower diesel prices – down to Dh2.67 from Dh2.71 – can help cut operating costs, easing pressures on freight charges and potentially keeping prices competitive. With fuel costs now reflecting a brief period of decline, there’s a chance that consumers and companies can enjoy more stability in their expenses.

This move aligns with the UAE government’s approach of adjusting fuel prices based on international oil market trends. It’s a clear sign that, despite global uncertainties and geopolitical tensions, the country is trying to ensure that fuel remains affordable for its residents while maintaining a sustainable economy.

Overall, these price cuts are very welcome, especially as the cost of living continues to influence people’s daily financial decisions. If petrol prices stay this low, it’s a win for everyone: motorists, families, and businesses, who will feel the positive impact on their monthly budgets.

Fuel rates applicable from November 1:

• Super 98 petrol will cost Dh2.63 a litre, compared to Dh2.77 in October.
• Special 95 petrol will cost Dh2.51 per litre, compared to the current rate of Dh2.66.
• E-Plus 91 petrol will cost Dh2.44 a litre, compared to Dh2.58 a litre in October.
• Diesel will be charged at Dh2.67 a litre, compared to the current rate of Dh2.71.

Good news for UAE residents and businesses. The UAE Central Bank has just lowered its Base Rate by 25 basis points, from 4.15% to 3.90%, effective this Thursday. This move follows the US Federal Reserve’s recent decision to cut its interest rates, keeping things in sync because of the UAE’s currency peg to the US dollar.

What does this mean for you? Expect borrowing to get a bit cheaper. Whether you’re eyeing a new mortgage, a personal loan, or business credit, the rates should ease up. In simple terms, monthly payments could get friendlier, especially for those with variable-rate loans.

This comes after the US Fed trimmed its federal funds rate to a range of 3.75% to 4%, hoping to support the job market and tackle stubborn inflation. The ripple effects are clear, softening employment numbers, and ongoing economic headwinds are pushing for these cuts.

Which sectors will benefit

For the UAE, lower interest rates could give a boost to sectors like real estate, tourism, and small businesses by making funding easier. But keep in mind, analysts say the impact might be modest unless the Fed decides to cut rates more aggressively in the future.

Why is the Fed making these rate cuts? Their goal is a tricky balance: tame inflation while keeping employment strong. With big companies cutting jobs and inflation still slightly above target, the Fed is playing it safe, using these rate cuts as insurance against a potential economic slowdown.

Future interest rates

Looking ahead, another cut might come in December, possibly bringing rates closer to 3% in 2026, but things could shift depending on economic data and new Fed leadership.

Stay tuned for more updates and how these changes could affect your wallet!