Dubai South has launched a new support package for small and medium-sized enterprises (SMEs) at its Business Park, aiming to provide financial flexibility and strengthen long-term tenant relationships.
The initiative aligns with government efforts to maintain economic stability and support businesses across the emirate.
Flexible rent options
The package includes rent-free incentives for contract renewals, enhanced flexibility for payment deferrals, and the waiver of minor administrative penalties. Eligible tenants will also benefit from the maintenance of current rental rates during this period.
Focus on SMEs
The initiative reflects Dubai South’s commitment to creating a resilient and business-friendly environment, particularly for SMEs, which play a key role in driving innovation and economic growth in Dubai. The measures will be reviewed regularly to ensure they remain aligned with market developments.
Nabil Al Kindi, Group CEO of Dubai South, said: “SMEs are at the heart of Dubai’s economic fabric, and supporting their continuity and growth remains a priority. This initiative reflects our commitment to enabling our business community by providing practical and timely support, while reinforcing a stable environment for long-term success. At Dubai South, we remain focused on delivering value-driven solutions that align with the vision of our wise leadership to sustain economic momentum and further strengthen Dubai’s competitive business landscape.”
Dubai South Business Park continues to attract a wide range of companies, offering flexible office solutions, integrated services, and a strategic location designed to support business expansion and growth.
tanvir@dubainewsweek.com
