whatsapp

Dubai: Motorists Opt for Dh25 Public Parking Over Dh80 Private Spaces Near Gulfood Venue

  • 0
  • 371
/media/gulfarticles.com_44.webp © Image Copyrights Title

Dubai motorists are choosing to pay the steep Dh25 per hour for public parking over the Dh80 fees for private spaces near the Gulfood venue, despite a sixfold increase in charges. The price hike, which began on February 17 in alignment with the opening of the Gulfood exhibition, saw public parking rates around the Dubai World Trade Centre (DWTC) surge from the usual Dh4 to Dh25 per hour.

Notices from the Roads and Transport Authority (RTA) on their app alerted the public to the fee changes, effective from February 17 to February 21, particularly in parking zones 335X, 336X, and 337X around DWTC. These areas were marked with white boards, distinguishing them from regular parking zones.

Despite the sharp price increase, spaces around the DWTC were fully occupied by 10am on the first day of the event. Exhibitors like Mohammed Hameed, who traveled from Sharjah, found the Dh25 per hour fee more cost-effective than paying for private parking, which can range from Dh40 to Dh80 per hour. He mentioned he may opt for the metro the following day, though he preferred driving for convenience this time.

This price hike marks the first time Dubai's Congestion Pricing Policy, announced in November 2024, was implemented. The policy aims to manage traffic congestion around major event zones, such as the DWTC during events like Gulfood, with plans to expand to other areas in the future.

Gulfood, now in its 30th edition, draws more than 5,500 exhibitors from 129 countries and is expected to generate over Dh70 billion in trade deals, further contributing to the parking and traffic demand in the area.

Related Posts
© Saudi Arabia Launches New E-Commerce Payment System to Make Online Shopping Easier and Safer

Saudi Arabia Launches New E-Commerce Payment System to Make Online Shopping Easier and Safer

The Saudi Central Bank (SAMA) has introduced a new e-commerce payment system that aims to improve how online payments are made across the Kingdom. This is a big step forward in Saudi Arabia’s push to ...

  • 102
© Buy Gold in UAE, India, or Elsewhere in GCC? What You Need to Know About Prices, VAT, and Design Trends

Buy Gold in UAE, India, or Elsewhere in GCC? What You Need to Know About Prices, VAT, and Design Trends

Gold remains one of the most cherished purchases for residents and travelers alike across the UAE, India, and the broader GCC. But where you buy gold, and under what tax regime, can significantly affe...

  • 89
© United Airlines Flight UA82 Aborts Takeoff to India After Mid-Air Cooling Fault

United Airlines Flight UA82 Aborts Takeoff to India After Mid-Air Cooling Fault

Dubai: A United Airlines flight bound for New Delhi, India, was forced to abort its journey and return to Newark Liberty International Airport following a technical malfunction in the aircraft’s elect...

  • 112
© Dubai Land Department Partners with Crypto.com to Launch Blockchain Real Estate Platform

Dubai Land Department Partners with Crypto.com to Launch Blockchain Real Estate Platform

Dubai: The Dubai Land Department has signed a landmark partnership with global crypto platform Crypto.com to develop a blockchain-based real estate ecosystem that will allow virtual buying, selling, t...

  • 108
© Are Oil Prices Headed for a Slump as OPEC+ Accelerates Output?

Are Oil Prices Headed for a Slump as OPEC+ Accelerates Output?

Dubai: Crude oil prices may be on the verge of a downturn as the OPEC+ alliance ramps up production at a pace that could outstrip global demand. Leading investment banks have warned that benchmark oil...

  • 97
© Saudi Arabia’s Q-Commerce Star Ninja Secures SAR 1 Billion in Funding

Saudi Arabia’s Q-Commerce Star Ninja Secures SAR 1 Billion in Funding

Riyadh: Saudi Arabia’s fast-rising Q-Commerce platform, Ninja, has raised SAR 1 billion in a significant investment round led by Riyad Capital, as the company aims to accelerate expansion across the K...

  • 143
© Will UAE Gold Prices Fall If Trump Strikes Trade Deals?

Will UAE Gold Prices Fall If Trump Strikes Trade Deals?

Dubai: UAE gold prices are under renewed pressure this week, with signs pointing to a potential drop to the Dh360 per gram level, contingent on a geopolitical trigger from Washington....

  • 111
© AirAsia Inks $12 Billion Airbus Deal During Malaysian PM’s Visit to France

AirAsia Inks $12 Billion Airbus Deal During Malaysian PM’s Visit to France

Paris/Kuala Lumpur — AirAsia has signed a tentative $12.3 billion agreement with Airbus SE to acquire up to 70 extended-range A321XLR jets, marking one of the largest commercial aviation deals of the ...

  • 133
© Kuwait Wealth Fund Sells $3.4 Billion AIA Stake in Major Hong Kong Deal

Kuwait Wealth Fund Sells $3.4 Billion AIA Stake in Major Hong Kong Deal

Hong Kong —The Kuwait Investment Authority (KIA) has quietly sold a 3.7% stake in AIA Group Ltd., raising HK$26.8 billion ($3.4 billion) in one of the year’s largest equity deals in Hong Kong....

  • 149
© Gold at $3,336: What Entry Price Should UAE and Gulf Investors Watch?

Gold at $3,336: What Entry Price Should UAE and Gulf Investors Watch?

Dubai — As gold holds steady at $3,336 an ounce, UAE and Gulf investors are closely watching price action, with many identifying $3,250/oz as a key level to build or expand their positions....

  • 176
Commnets 0
Leave A Comment