Dubai South, the largest urban development project focused on aviation, logistics, and real estate sectors, has unveiled a flexible package of support aimed at small and medium-sized enterprises (SMEs) operating within its Business Park. This initiative aligns with government efforts to enhance economic stability and empower businesses across the emirate.
The support package includes a variety of measures designed to provide immediate financial flexibility while strengthening long-term relationships with tenants. Key features include fixed rents for tenants upon contract renewal, increased flexibility for payment deferrals, and exemptions from certain nominal administrative fees. Furthermore, current rental rates will be maintained for eligible renewal requests during this period.
Nabil Al Kindi, CEO of Dubai South, stated, “Small and medium enterprises are critical to the economic fabric of Dubai, and supporting their continuity and growth remains a priority for us. This initiative reflects our commitment to providing timely and practical support to our business community, contributing to a stable environment that fosters long-term success. At Dubai South, we continue to focus on delivering value-driven solutions in line with our leadership’s vision to sustain economic momentum and enhance Dubai’s competitiveness as a global business hub.” The Business Park at Dubai South continues to attract a diverse range of companies by offering an integrated ecosystem that provides flexible office solutions, comprehensive services, and a strategic location that facilitates business growth and expansion.
This initiative demonstrates Dubai South’s ongoing commitment to creating a flexible and stimulating business environment, particularly for SMEs, which play a vital role in driving economic growth and fostering innovation in Dubai. These measures will be periodically reviewed and developed to ensure they align with the ever-changing market dynamics.