H.H. Sheikh Hamdan unveils incentives for Dubai's new creative hub

@DXBMediaOffice/ Twitter (File photo)

Tenants who are rebuilding or renovating their properties in Al Quoz Creative Zone have been exempted from paying rents for up to two years.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and Chairman of The Executive Council of Dubai, issued the directive.

The move is part of the 100-day plan for the Al Quoz Creative Zone development project that aims to transform the area into a comprehensive creative hub that attracts talent from across the world.

It's also in line with ongoing efforts to raise Dubai's position as an international cultural destination and transform it into the global capital of the creative economy by 2025.

As part of the 100-day plan for Al Quoz Creative Zone, a unique model for optimally distributing living, working and creative public spaces will be developed based on a comparative study of similar zones around the world.

A dedicated platform called the Creatives' Journey has been created within the Invest in Dubai platform to support the business operations of creatives and provide a single window to get licences for their projects within a few minutes.

By providing incentives for creatives to establish and develop their businesses, the platform supports the effort to transform industrial land into areas for creative activities.

The plan also seeks to provide soft-mobility solutions for the people in the zone.

Transportation facilities connecting Al Safa Metro Station to Al Quoz Creative Zone will be developed.

In addition, consultancy contracts have been awarded to develop the best Integration and soft-mobility solutions in Al Quoz Creative Zone that will include street furniture, cycle tracks, pedestrian bridge, sidewalks, and activity areas.

Dubai Culture is also inviting members of the creative community to share ideas and suggestions for designs that can enhance the aesthetic and artistic ambience of the area.

To date, Dubai Culture has awarded 4,500 certificates of accreditation to creatives and artists of different nationalities.

More from Business News

  • DMCC records 7% growth in Indian companies

    The Dubai Multi Commodities Centre (DMCC) announced Indian companies now account for 16 per cent of the international business district’s total member base, a 7 per cent year-on-year increase.

  • Dubai becomes autism-certified destination

    Dubai has officially gained the recognition as an autism-certified destination, underscoring citywide efforts to make tourism more accessible and inclusive for all.

  • Dubai World Trade Centre generated AED 22.35 billion in 2024

    His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Dubai Executive Council, has announced that the Dubai World Trade Centre (DWTC) generated an economic output exceeding AED 22.35 billion in 2024.

  • OpenAI unveils slimmed-down ChatGPT deep research tool

    OpenAI has announced the launch of a new version of its advanced tool 'Deep Research' integrated into ChatGPT, maintaining a high level of quality while introducing enhanced accessibility across user tiers.

Blogs