Overview of the project

A Public-Private Partnership car parking project delivering a modern mobility solution through efficient multistorey parking integrated with commercial space. The project supports urban congestion management, enhances user convenience, and has been regionally recognized for its successful PPP structure and overall impact.

400

Car Parking Spaces

20,000 m2

Built-up Area

3,100 m2

Leasable Area

78%

Solar Powered Facility

Project Details

Located in a high-density commercial district of Dubai, the Multistorey Car Park (MLCP) is a purpose-built automated parking facility developed under a Build–Operate–Transfer PPP framework. The project comprises a total built-up area of approximately 20,000 sqm arranged over basement, ground, and six upper floors. It incorporates six fully automated robotic parking towers accommodating close to 400 vehicles, alongside around 3,100 sqm of integrated commercial and retail space. Designed to maximize capacity on a compact urban footprint, the facility combines smart circulation, automation, and sustainable design to support efficient urban mobility.

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KEY HIGHLIGHTS AND MILESTONES OF THE PROJECT

Location

Dubai, United Arab Emirates

Client

Roads & Transport Authority (RTA), Parkin PJSC

Value

USD 25M

Tanama Role

Lead Developer, Equity Investor, and Operations & Maintenance Operator

Builder

Alghanim International

Architect

Arab Experts Engineering Consultants (AREX) and Al Shandagha Architects and Engineering Consultants (ASEC)

LENDERS GROUP

National Bank of Kuwait (NBK)

Financial Close Date

2022

Completion Date

2026

Contract Terms

28 years

Awards

5th MENA PPP Award - Best Small-Scale PPP Project

PROJECT DISTINCTION

Dubai’s first fully automated robotic public parking facility delivered under a PPP BOT model, redefining sustainable urban mobility.

  • Robotic parking technology that eliminates cruising for parking, significantly reducing vehicle idling and carbon emissions
  • High-capacity parking on a compact footprint, optimizing land use in a dense urban district
  • Smart digital systems enabling seamless, paperless, low-energy operations
  • Rooftop solar PV system supplying clean energy and lowering the project’s operational carbon footprint
  • Integrated commercial space supporting long-term financial and social sustainability
  • Delivers tangible social impact by easing congestion, improving road safety, and enhancing accessibility in a high-demand area.

Its innovation and impact were recognized with the 5th MENA PPP Award for Best Small-Scale PPP Project, setting a benchmark for future sustainable PPPs.

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