Dubai’s Salik Reports 33.7% Surge in Q1 2025 Profit Amid Variable Pricing and New Toll Gates

Dubai : Dubai’s Salik Reports 33.7% Surge in Q1 2025 Profit Amid Variable Pricing and New Toll Gates

Dubai’s toll operator Salik reported a robust performance in the first quarter of 2025, with net profit surging by 33.7% year-on-year to AED 370.6 million. This growth is attributed to the implementation of variable toll pricing and the addition of two new toll gates in November 2024.
Total revenue for the quarter reached AED 751.6 million, also marking a 33.7% increase compared to the same period last year. Salik recorded 158 million trips between January and March 2025, with peak-hour trips (charged at AED 6) totaling 39.3 million and off-peak trips (charged at AED 4) reaching 107.5 million. Additionally, 11.2 million trips occurred during the free post-midnight period .

Revenue from fines contributed AED 68.4 million, up 16.2% year-on-year, accounting for 9.1% of total revenue. The number of net violations (excluding dismissed cases) increased by 15% to 786,000, representing 0.4% of net toll traffic .

Salik’s EBITDA grew by over 35%, achieving an industry-leading EBITDA margin of 69.1%. CEO Ibrahim Sultan Al Haddad expressed confidence in the company’s trajectory, stating that the strong first quarter positions Salik well for the year ahead. The company has revised its full-year 2025 guidance, now expecting total revenue growth of 28–29% and maintaining an EBITDA margin between 68–69% .

The two new toll gates, Business Bay and Al Safa South, commenced operations on November 24, 2024. Their introduction, along with the variable pricing model implemented on January 31, 2025, is projected to generate additional annual revenue between AED 60–110 million .
Beyond toll collection, Salik is expanding its ancillary revenue streams. The company has partnered with Parkonic to integrate its e-wallet system across over 107 parking locations in the UAE. Additionally, a collaboration with Liva Group aims to streamline vehicle insurance renewal services for customers .
Salik’s strong financial performance and strategic initiatives underscore its commitment to enhancing Dubai’s transportation infrastructure and diversifying its revenue base.