Package aligns with Dubai government’s Dh1 billion economic support initiative; Group CEO Nabil Al Kindi says SMEs are ‘at the heart of Dubai’s economic fabric.’
DUBAI — Dubai South has announced a comprehensive support package for small and medium-sized enterprises (SMEs) at its Business Park, offering rent-free incentives, enhanced payment deferment flexibility, and the waiver of minor administrative penalties.
The package, aimed at providing immediate financial relief to the SME community, comes as Dubai’s government recently approved Dh1 billion worth of initiatives and a set of strategies to defer a range of government fees — measures set to be implemented over the next three to six months.
Business Park, an office space located just minutes from Al Maktoum International Airport, hosts numerous businesses that will benefit directly from the support package.
Dubai South said the package includes:
- Rent-free incentives linked to contract renewals
- Enhanced flexibility on payment deferrals
- Waiver of minor administrative penalties
- Maintenance of current rental rates for eligible renewals during this period
The measures will be evaluated and refined on an ongoing basis to ensure continued alignment with evolving market dynamics, Dubai South added.
The initiative aligns with the emirate’s broader commitment to safeguarding economic stability and supporting businesses across Dubai.
“SMEs are at the heart of Dubai’s economic fabric, and supporting their continuity and growth remains a priority,” said Nabil Al Kindi, Group CEO of Dubai South. “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.”
