Salik, Dubai's listed toll gate operator, has reported a net profit of AED 822 million for the first nine months of 2024 — a 2.4% year-on-year increase that underscores the company's central role in Dubai's transport infrastructure. Total revenue for the period reached AED 1,640.9 million, up 6.2% compared with the same period last year, as the city's road network handled a record volume of daily commutes.
Revenue Breakdown: Tolls, Fines, and Fees
The bulk of Salik's income came from toll usage, which accounted for 86.7% of total revenue at AED 1,422.2 million — a 5.1% year-on-year rise. Third-quarter toll revenue alone climbed 5.7% year-on-year to AED 468.4 million.
Beyond tolls, fines contributed AED 174.8 million to the nine-month result, highlighting how compliance enforcement adds a meaningful revenue stream. Tag activation fees and other charges made up the remainder of the revenue mix.
Salik's EBITDA for the period hit AED 1,115 million, up 8.9% year-on-year, while profit before tax rose 12.5% to AED 903.3 million — a sign that the business is becoming more efficient even as it scales.
355.6 Million Trips Through Salik Gates
Traffic volumes tell the story behind the numbers. A total of 355.6 million revenue-generating trips passed through Salik gates during the nine months ending September 30, 2024 — a 5.1% increase year-on-year. The steady rise reflects Dubai's growing population and its expanding road network, both of which feed directly into Salik's core toll business.
Two New Toll Gates Open November 24
Two new Salik toll gates are set to go live on November 24, 2024, expanding Dubai's toll network from 8 to 10 active gates. The new points of charge are:
- Business Bay Crossing on Al Khail Road — expected to reduce congestion on Al Khail Road by 12–15% and ease pressure on Al Rabat Street. - Al Safa South on Sheikh Zayed Road — positioned between Al Meydan Street and Umm Al Sheif Street, targeting a 15% reduction in right-turn traffic from Sheikh Zayed Road onto Meydan Street.
Both gates will be powered by solar energy — a first for Salik — aligning with Dubai's green mobility agenda. Drivers will continue to pay AED 4 per gate crossing. Motorists passing through both Al Safa North and Al Safa South within one hour will be charged only once, consistent with the existing Al Mamzar gate policy.
Salik's Role in Dubai's Smart City Vision
The Salik net profit 2024 results are more than a financial milestone. The toll system actively shapes traffic patterns across Dubai, directing commuter flows in real time and generating data that feeds into the city's broader transport planning. As Dubai's population continues to grow, the toll network's ability to manage demand — and generate a revenue surplus for reinvestment — becomes increasingly strategic.
With the November gate openings and management guidance pointing to revenue-generating trips rising 24–25% in full-year 2025, Salik's growth trajectory looks set to continue.
