01
Document overview
Governs the exemption of QIFs, REITs and qualifying limited partnerships, together with investor-level treatment and UAE immovable-property income.
- Separate QIF, REIT and QLP regimes.
- Special UAE immovable-property rule.
- Applies to periods from 2025.
02
Scope and exclusions
Applies to
Applies to QIFs, REITs and qualifying limited partnerships for periods beginning on or after 1 January 2025.
Limitations and exclusions
The exemption is conditional; significant UAE immovable-property exposure triggers special investor-income allocation. Decision 81/2023 is replaced only prospectively.
05
Official primary source
Cabinet Decision No. 34 of 2025
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