Home UAE Abu Dhabi Abu Dhabi announces rental discounts for additional private sector businesses Beauty and hair salons, dental clinics and nurseries in the emirate can apply for a 20 per cent rebate by Varun Godinho November 10, 2020 The Abu Dhabi government has announced a rental rebate on additional businesses in the private sector to help them counter the impact of the Covid-19 pandemic on their operations. The Abu Dhabi Department of Economic Development has decided to offer a 20 per cent rental rebate to beauty and hair salons, dental clinics and nurseries in the emirate to “further stimulate business growth and fast-track economic development.” The rental rebate will be applicable to new contracts signed between October 1, 2019 – March 31, 2020, and also to contracts renewed between April 1, 2020 – September 30, 2020. .@AbuDhabiDED announces the expansion of its 20% rental rebate for businesses in #AbuDhabi to include beauty and hair salons, dental clinics and nurseries. This expansion into new types of businesses aims to fast-track and stimulate more growth within the emirate. pic.twitter.com/wDn2JgebbN — مكتب أبوظبي الإعلامي (@admediaoffice) November 9, 2020 It added that lease-to-own contracts will be excluded from this initiative. Eligible businesses owners can apply for the rebate on ibd.added.gov.ae/en/rental-rebate The authorities said that this was a continuation of the Abu Dhabi Economic Stimulus Package which was rolled out in March. Read: Abu Dhabi reveals new initiatives such as toll waivers, fee cuts to support economy Back then, the Abu Dhabi Executive Council announced 15 initiatives under its Ghadan 21 scheme which included electricity and water subsidies, measures for SMEs and exemptions and fee reductions to support businesses while reducing cost of living. Read: Abu Dhabi launches digital service for rent refunds on commercial leases The emirate’s government offered up to 20 per cent rebate on rental values for restaurants and F&B outlets, as well as tourist and entertainment facilities, excluding hotels. Read: Abu Dhabi offers 20% rent refund to restaurants in the emirate Tags Abu Dhabi Abu Dhabi Economic Stimulus Package Ghadan 21 News Real Estate 0 Comments You might also like Taxi-sharing pilot service launches between Dubai, Abu Dhabi Aldar unveils resort-style Mamsha Gardens on Saadiyat Island Path to Forward: ADGM reveals its new brand Covestro likely to recommend ADNOC takeover offer, trims profit target