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Abu Dhabi announces rental discounts for additional private sector businesses

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

Abu Dhabi

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.

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

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