The UAE Ministry of Finance has issued Ministerial Decision No. 173 of 2025 on Depreciation Adjustments for Investment Properties held at Fair Value for the Purposes of Federal Decree-Law No. 47. Ministerial Decision No. 173 allows taxable persons holding investment properties at fair value to elect to take an annual depreciation deduction for corporate tax purposes equal to the lower of:
- 4% of the original cost for each 12-month tax period, or prorated where the tax period is shorter or lo…