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Key Changes in the UAE: New Fees and Regulations Starting July 2024

Key Changes in the UAE: New Fees and Regulations Starting July 2024
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As we approach the halfway mark of 2024, a series of new regulations and fees are set to take effect in the UAE, impacting various aspects of daily life and household budgets. From changes in parking fees to compliance checks for Emiratisation targets, here’s a rundown of six significant changes starting in July.

1. Paid Parking at Dubai Mall

Starting July 1, certain areas of Dubai Mall will implement paid parking. Visitors can enjoy free parking for the first 4 hours on weekdays and the first 6 hours on weekends. After these free periods, an hourly fee will apply, which will be deducted from the motorist's Salik account. Tariffs can reach up to Dh1,000.

2. Expanded Paid Parking in Six Dubai Neighborhoods

Dubai is expanding its paid parking facilities to six key neighborhoods, accommodating over 7,000 parking spots. These areas will operate paid parking from 8 am to 10 pm. While premium spots will see a fee increase, this move aims to address the growing transportation needs of the city's population.

3. Emiratisation Compliance Checks

Private companies with 50 or more employees must meet the Emiratisation target of hiring 1% more UAE Nationals every six months. The final deadline for this target is June 30. Starting July 1, the Ministry of Human Resources and Emiratisation (MOHRE) will conduct compliance checks. Non-compliant companies will face fines starting at Dh8,000 per unfulfilled Emirati hire, increasing by Dh1,000 annually until 2026.

4. Health Insurance Coverage Expansion

Holders of Daman insurance can now access top-tier hospitals in Abu Dhabi while retaining their basic plan. However, premiums and co-payments will increase. As coverage expands to include high-quality healthcare, basic plan holders will need to pay Dh200 per in-patient service and one-day procedure.

5. Mandatory License for Social Media Influencers

From July 1, social media influencers promoting brands or businesses without a license will face fines up to Dh10,000 and potential closure of their accounts. Licenses can be obtained through the Tamm platform of the Abu Dhabi Department of Economic Development. The fee is Dh1,250 for individuals and Dh5,000 for companies. Influencers sharing personal routines without endorsements do not need a license.

6. Ajman Building Classification

Ajman residents can now access detailed information about their building’s compliance with standards and regulations. Starting June 1, buildings will be classified according to international criteria over three months. The results of field visits will be available in an electronic system, offering full transparency to residents.

These new rules and fees aim to enhance living standards, ensure compliance with local regulations, and adapt to the rapid growth of the UAE. Stay informed and plan accordingly to navigate these changes smoothly.

News Source: Khaleej Times

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Maryam Pervez

Written by Maryam Pervez

Maryam is the Managing Editor at HiDubai, bringing 8+ years of expertise in marketing, social media, and content development. She holds a Master's degree in Marketing Comms from Middlesex University.
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