Parking in Aldar facilities to be Al-enabled

Deal struck with Parkonic for rollout in Abu Dhabi, Al Ain

- BY NIVETHA DAYANAND Assistant Business Editor

Aldar Estates and Parkonic have launched a joint venture to roll out AIpowered smart parking systems across residential and retail destinations in Abu Dhabi and Al Ain. The collaboration is designed to enhance mobility, convenience, and sustainability in line with the UAE’s Future Mobility strategy.

The agreement combines Aldar Estates’ experience in community management and real estate services with Parkonic’s expertise in automated urban mobility. To-