Salik declares that the Two New Gates are Valued at Dhs2.734 Billion

The combined valuation of the two new toll gates at Business Bay and Al Safa South was revealed by Salik Company PJSC (“Salik” or the “Company”), which is the exclusive toll gate operator in Dubai. With the Business Bay Gate valued at Dhs2,265 million (two billion and 265 million dirhams) and the Al Safa South Gate valued at Dhs469 million, the combined value of these two new gates is Dhs2,734 million (two billion and 734 million dirhams).

It is anticipated that the new gates will be operational by November 2024’s end. Salik’s toll gate network in Dubai will be expanded by the two new gates at Business Bay Crossing on Al Khail Road and Al Safa South on Sheikh Zayed Road, which are situated between Al Meydan Street and Umm Al Sheif Street. Through the end of June 2071, Salik will have the sole right to build, run, and maintain the toll gates by the terms of the Concession Agreement with RTA.

“The launch of the two new gates highlights the commitment of both the Roads and Transportation Authority and Salik Company to advancing sustainable mobility solutions and improving Dubai’s transport infrastructure,” said Mattar Al Tayer, Chairman of the Board of Directors of Salik. These calculated bets demonstrate our commitment to long-term stability and smoother mobility throughout Dubai by reducing travel time and easing traffic. The new gates will be essential in cutting down on traffic and maximising travel time on some of Dubai’s busiest routes.

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