Melbourne Cup placegetter Jakkalberry will not return to Australia this spring.
The Marco Botti-trained seven-year-old finished third in the 2012 Cup won by Green Moon but has been sidelined with a tendon injury since winning the Group Two City of Gold at Meydan in March.
Botti will now prepare him for another trip to Dubai early next year.
"He's back in exercise but we just feel we are running out of time," Botti said.
"I've spoken to the owners and we've decided to give the Melbourne Cup a miss. It's a long way and the time would be tight.
"The horse has done well in Dubai so we will head to the Carnival instead.
"There are a few races he could run in. Obviously there's the mile-and-a-half race (Sheema Classic) and the Dubai Gold Cup on World Cup night where he was supposed to run this year.
"We are spoilt for a choice for races for a stayer like him."