Dubai’s rental market provides room for tenant negotiations in addition to other incentives, Arabian Business reports.

The incentives include rent waivers, increased cheque payments, rent-free periods, and contribution to utilities, according to the latest market report from Core Real Estate.

Commercial and residential tenants in Dubai are in as strong a position as ever to negotiate new contracts, the report highlighted. Research from Core for first quarter of this year suggests that this may provide an opportunity for those in the rental market.

The coronavirus outbreak continues to cause economic turbulences, with many employers reducing working hours or salaries in some cases. However, Core’s report for the first quarter of this year suggests that this may provide an opportunity for those in the rental market.

As for the office rental market, given the applied work-from-home policy, extended rent-free periods (two-four months for fitted options and nine-12 months for shell and core options), capital contribution to fit-outs and shorter notice periods with limited or zero penalties on early break clauses are being discussed in ongoing negotiations.