His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai issued Decree No. (22) of 2022, providing incentives for property investment funds in Dubai.

The Decree covers real estate investment funds licensed and directed by government specialists as well as private development zones and free zones, including the Dubai International Financial Center (DIFC).As per the new Decree, a 'Register of Property Investment Funds' will be laid out at the Dubai Land Department. The Decree frames the terms, conditions, and strategies for posting in the Register. Reserves trying to be recorded in the Register ought to be authorized by government specialists including the Securities and Commodities Authority and the Dubai Financial Services Authority, DIFC's free controller of monetary administrations.

The worth of land resources possessed by the asset at the hour of utilization for posting in the Register ought to be Dh180 million or above. Assets ought not be suspended from exchanging Dubai's monetary business sectors at the time of application.