Healthcare City Announces Financial Support Package

Dubai’s Healthcare City has announced a financial support package for entities in the freezone. It includes conditional rent waivers for three months, deferred rent payments and reduced fees and waivers for certain services in the Zone. There will also be a 100% waiver on administration fees for all properties in the Zone. There will be a 100% waiver on commercial and clinical fees and penalties for all entities who are directly affected. This includes outpatient clinics, education providers, hospitality and support services which have had to close or significantly reduce operations to comply with national precautionary and preventive measures, resulting in reduced revenues and customer footfall. They will also receive a 50% discount on commercial and clinical licencing fees. However it does not apply to pharmacies and supermarkets. However, they will be able to benefit from a 50% waiver on commercial and clinical fees and penalties. In addition, they will receive a 25% discount on commercial and clinical licensing fees. Food and beverage outlets in the Zone will be offered a three month rent waiver.

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