Occupants at Dubai Healthcare City will now be offered “conditional” rent waivers for up to three months, as well as delayed rental payments for a specified period.
Tenants will also gain from reduced fees and waivers for certain services provided by the Authority.
“Dubai Government directives to support investors and small and medium-sized enterprises (SMEs), we are making concerted efforts to support business continuity and stimulate economic recovery and growth,” – Jamal Abdulsalam, CEO, DHCA.
#Dubai Healthcare City Authority announces business relief package with focus on directly-impacted segments and DHCA-owned properties. pic.twitter.com/qqK2MB8UvA
— Dubai Media Office (@DXBMediaOffice) May 4, 2020
“These segments are facing revenue losses and need a respite from operational expenses. We looked at ways to help these segments better manage their operating costs by introducing waivers and reduced fees.”
Support offered in 3 Ways
Dubai Healthcare City has arranged its relief proposals into three comprehensive categories:
- Waivers and discounts for directly-impacted segments
- Additional benefits for businesses operating in DHCA-owned properties; and
- Waivers and discounts.
The waivers and discounts will also to regulatory fees for hospitals, clinics, education providers, research institutions, retail stores, hotels, F&B outlets, consultancies, and support services.
Businesses located in DHCA properties will benefit from provisional rental waivers for three months, deferred rental payments for a stipulated period, and reduced fees and waivers for certain services.
#Dubai Healthcare City Authority announces business relief package with focus on directly-impacted segments and DHCA-owned properties. pic.twitter.com/qqK2MB8UvA
— Dubai Media Office (@DXBMediaOffice) May 4, 2020