DUBAI // Traffic jams, inconsiderate motorists and a lack of parking are regular gripes for drivers in Dubai, but Adnan Masood is confident he has taken the pain out of one of those problems.
The Australian hoped his idea of allowing companies and hotels to rent out unused spaces to motorists could be the answer.
With on-street spaces hard to find and sandpits closing to make way for more construction, drivers are left with fewer parking options.
"There needs to be a solution designed around people's use and preferences," said Mr Masood, founder of parkkey.com, a website that allows drivers to search, book and pay for spaces.
About 1,000 people use the service in Dubai, with Business Bay, Downtown Dubai and Jumeirah Lakes Towers the most sought-after areas. There was a total of 3,000 spots available to rent in Abu Dhabi, Dubai and Sharjah.
The monthly cost of renting a space is Dh325 on average, although this varies according to location and availability. Daily rates are also available.
“UAE has a deeply ingrained driving culture, with 80 per cent of people driving,” said Mr Masood. “That is why parking has been a major problem and is getting worse.”
Payment can be made with credit card then security guards are supplied with the car’s details to allow access to the hired parking space.
“One has to register online with the details of his/her car and contacts. Once the customer finds a parking space available on the website, books and pays, a confirmation message is sent giving the location details.
“Once the space has been booked, the details of the customer are sent to the parking management. When the customer reaches the space, the security guard present knows the car’s details and will assist in parking.”
Dubai Municipality increased the price of on-street parking in some areas in May from Dh2 to Dh4 per hour. It also abolished the daily free period, which resulted in pay parking from 8am to 10pm, excluding Fridays and public holidays.
The fee for multi-storey car parks also increased from Dh3 to Dh5 per hour. Banker Benazir Khan, who has been using the service for three months, said it saved her time.
“I used to waste an hour finding parking around my office. It was very frustrating, too.
“Renting a space is convenient. The process is simple. I usually book a space before leaving home and get confirmation in a few minutes. I go and park in the assigned space,” said the Briton, who spends Dh200 a month.
Mr Masood said the service was popular with commuters who travelled to Dubai from Abu Dhabi and Sharjah. “A lot of people come to Dubai for work and they need parking.”
akhaishgi@thenational.ae
Results
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8.15pm Handicap (TB) $135,000 (D) 1,600m, Winner Moqarrar, Fabrice Veron, Erwan Charpy.
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Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
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COMPANY PROFILE
Name: Almnssa
Started: August 2020
Founder: Areej Selmi
Based: Gaza
Sectors: Internet, e-commerce
Investments: Grants/private funding
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Starring: Yasmine Al Massri, Clara Khoury, Kamel El Basha, Ashraf Barhoum
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Company%20Profile
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Company%20profile
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Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE
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ECB Hawks v ECB Falcons
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Hawks
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Squad: Chaya Mughal (captain), Archara Supriya, Chamani Senevirathne, Chathurika Anand, Geethika Jyothis, Indhuja Nandakumar, Kashish Loungani, Khushi Sharma, Khushi Tanwar, Rinitha Rajith, Siddhi Pagarani, Siya Gokhale, Subha Srinivasan, Suraksha Kotte, Theertha Satish
Falcons
Coach: Najeeb Amar
Squad: Kavisha Kumari (captain), Almaseera Jahangir, Annika Shivpuri, Archisha Mukherjee, Judit Cleetus, Ishani Senavirathne, Lavanya Keny, Mahika Gaur, Malavika Unnithan, Rishitha Rajith, Rithika Rajith, Samaira Dharnidharka, Shashini Kaluarachchi, Udeni Kuruppuarachchi, Vaishnave Mahesh
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Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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● Company: Bidzi
● Started: 2024
● Founders: Akshay Dosaj and Asif Rashid
● Based: Dubai, UAE
● Industry: M&A
● Funding size: Bootstrapped
● No of employees: Nine
COMPANY%20PROFILE%20
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%3Cp%3E%3Cstrong%3EPros%3C%2Fstrong%3E%0D%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EEasy%20to%20use%20and%20require%20less%20rigorous%20credit%20checks%20than%20traditional%20credit%20options%0D%3C%2Fli%3E%0A%3Cli%3EOffers%20the%20ability%20to%20spread%20the%20cost%20of%20purchases%20over%20time%2C%20often%20interest-free%0D%3C%2Fli%3E%0A%3Cli%3EConvenient%20and%20can%20be%20integrated%20directly%20into%20the%20checkout%20process%2C%20useful%20for%20online%20shopping%0D%3C%2Fli%3E%0A%3Cli%3EHelps%20facilitate%20cash%20flow%20planning%20when%20used%20wisely%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cstrong%3ECons%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cul%3E%0A%3Cli%3EThe%20ease%20of%20making%20purchases%20can%20lead%20to%20overspending%20and%20accumulation%20of%20debt%0D%3C%2Fli%3E%0A%3Cli%3EMissing%20payments%20can%20result%20in%20hefty%20fees%20and%2C%20in%20some%20cases%2C%20high%20interest%20rates%20after%20an%20initial%20interest-free%20period%0D%3C%2Fli%3E%0A%3Cli%3EFailure%20to%20make%20payments%20can%20impact%20credit%20score%20negatively%0D%3C%2Fli%3E%0A%3Cli%3ERefunds%20can%20be%20complicated%20and%20delayed%0D%3C%2Fli%3E%0A%3C%2Ful%3E%0A%3Cp%3E%3Cem%3ECourtesy%3A%20Carol%20Glynn%3C%2Fem%3E%3C%2Fp%3E%0A
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Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
Tree of Hell
Starring: Raed Zeno, Hadi Awada, Dr Mohammad Abdalla
Director: Raed Zeno
Rating: 4/5
Porsche Macan T: The Specs
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Power: 265hp from 5,000-6,500rpm
Torque: 400Nm from 1,800-4,500rpm
Transmission: 7-speed dual-clutch auto
Speed: 0-100kph in 6.2sec
Top speed: 232kph
Fuel consumption: 10.7L/100km
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Company%20Profile
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Director: Todd Phillips
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Dengue%20fever%20symptoms
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Company%20Profile
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