Residents at Jumeirah Village Circle (JVC) in Dubai will pay less for regulated parking from Friday, April 24, 2026, following a revision to subscription rates by parking operator Parkonic.
The monthly plan will fall to AED 672, down from AED 945, while the quarterly plan will drop to AED 1,999 from AED 2,625.
Parkonic said the changes came “based on valuable feedback from our residents on the initial parking rates,” in an email.
What are the new parking plans?
Four subscription tiers will be available to residents:
- Monthly: AED 672 (previously AED 945) and EV AED 500
- Quarterly: AED 1,999 (previously AED 2,625) and EV AED 1,350
- Six Months: AED 3,999
- Annual: AED 4,999
All rates are inclusive of VAT.
For residents who opt for the annual plan, the cost works out to approximately AED 417 per month – a 38 per cent saving compared to the standard monthly rate. The annual plan is structured as a one-time yearly payment.
Residents have been asked to review the options and “select the plan that best suits their requirements.” Landlords have also been asked to share the information with their tenants.
Current rates for hourly parking include:
- AED 4 per hour or part thereof | 08:00 – 17:00
- AED 6 per hour or part thereof | 17:00 – 00:00
- Free | 00:00 – 08:00
Further details on membership packages are available on the Parkonic website.




