Eligibility to avail the benefits from this law:
- The law will create a register for property investment funds including the licensed and regulated funds by government bodies. This will be applicable in the private and free zones- covering all the real estate in Dubai.
- The applicants should have real estate assets of AED 180 million or above
- Applicants should ensure that these funds are not suspended from trading on the Dubai Financial Market at the time of application.
- They must also be licensed by regulators such as the Securities and Commodities Authority or the Dubai Financial Services Authority in the DIFC.