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Dubai Healthcare City announces rent waivers, reduced fees

Dubai Healthcare City announces rent waivers, reduced fees : gulfnews.com
  • Gulf News

Tenants at Dubai Healthcare City will receive “conditional” rent waivers for up to three months, as well as deferred rental payments for a stipulated period.

They will also gain access to 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,” said Jamal Abdulsalam, CEO, DHCA.

“These segments are facing revenue losses and need respite from operational expenses. We looked at ways to help these segments better manage their operating costs by introducing waivers and reduced fees.”

Dubai Healthcare City has grouped its relief offers into three broad categories:

  1. Waivers and discounts for directly-impacted segments
  2. Additional benefits for businesses operating in DHCA-owned properties
  3. Waivers and discounts on regulatory fees for hospitals, clinics, education providers, research institutions, retail stores, hotels, F&B outlets, consultancies, and support services

Those considered directly impacted include certain outpatient clinics, education providers, hospitality, and support services.

These have had to “close or significantly reduce operations to comply with national precautionary and preventive measures, resulting in reduced revenues and customer footfall”.

Businesses located in DHCA properties will benefit from conditional rental waivers for three months, deferred rental payments for a stipulated period, and reduced fees and waivers for certain services.

EXTENT OF WAIVERS

The Dubai Healthcare City package offers 25-100 per cent discount on commercial and clinical fees for all directly-impacted segments.

There will also be a 25-50 per cent discount on commercial and clinical fees for all other segments, but excluding pharmacies and supermarkets.

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Category: #Gulf News, #UAE | 2020/05/04 latest update at 4:30 PM
Source : gulfnews.com | Photocredit : gulfnews.com
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