Page 96 - SALIK PR REPORT AUGUST 2024

The two new toll gates of Business Bay and Al Safa South are expected to
be operational by the end of November 2024, taking the total number of toll
gates in Dubai to 10.

Al Barsha and Al Safa toll gates are the two busiest among eight Salik gates in
Dubai, contributing 20.7 per cent and 19.0 per cent of total revenue —
generating trips during the first quarter of 2024. Al Mamzar North and Al
Mamzar South accounted for 9.0 per cent and 6.8 per cent of the total
revenue-generating grips.

Business Bay is a key artery as a lot of motorists from Sharjah, Al Nahda, Al
Qusais use this bridge to access Al Khail Road, which is one of the busiest
roads in the emirate.

While speaking during the Investor Conference Call on Wednesday, a
spokesperson pointed out that the fourth quarter is the busiest in terms of
road trips, followed by the first quarter and then the second and third
quarters. “When you look at Salik (performance), you need to look at the
overall year as each quarter is compensated by the other,” he said.
Salik’s Board on Wednesday approved the Business Bay and Al Safa South
gates valuation of Dh2.734 billion. The Business Bay Gate has been valued at
Dh2.265 billion and the Al Safa South Gate was valued at Dh469 million.
Salik expects two new gates will generate around 111 million revenue-
generating trips in 2025.

https://www.khaleejtimes.com/uae/transport/new-salik-gates-in-dubai-business-bay-to-be-one-
of-the-busiest-tolls