Property Valuation Dubai

There are several ways to check property valuation in Dubai, including:

• Dubai Land Department (DLD) website: The DLD provides an online service called “Mashrooi” where you can search for the current market value of properties in Dubai. You will need to create an account and pay a fee to access this service.
• Property Valuation Companies: There are several property valuation companies in Dubai such as British Arabian, that provide professional valuation services for a fee. British Arabian will provide you with a detailed report that includes the property’s current market value and other relevant information.

Depending on the type of property, where it is located, the cost of property valuation in Dubai can vary. Depending on the intricacy of the valuation procedure and the valuer’s experience, the price of valuing a property in Dubai can often range from AED 1,500 to 5,000 or more. While some valuation firms may charge a flat fee, others might bill a percentage of the property’s worth.

To choose the right real estate valuation services look for a service with a strong reputation, experienced valuers, and a deep understanding of the Dubai market.

Hiring licensed property valuation services in Dubai to assess the property and consider several aspects like location, age, condition, and market circumstances is the typical process for property valuation in Dubai. The valuer will next examine this data and utilize it to calculate the property’s current market value.  

This valuation report may be employed for several objectives, such as purchasing or selling real estate, obtaining financing, or resolving legal issues. The Dubai Land Department oversees property assessment in Dubai, so it’s crucial to confirm that the valuer you choose is authorized and adheres to the department’s standards.

Documents required for property valuation are: –

• Title deed or ownership documents.
• Passport copy and visa page of the owner.
• Recent utility bills, such as DEWA or SEWA bills, to prove occupancy.
• Building completion certificate or certificate of compliance.
• Floor plans or blueprints of the property.
• Records of any recent renovations or upgrades to the property.
• Any relevant permits or licenses related to the property.

It’s important to note that the specific documents required may vary depending on the purpose of the valuation and the requirements of the Dubai Land Department. It’s best to get in touch with professionals such as British Arabian, give us a call now.

The Key factors influencing real estate valuation in Dubai include location, property size, market trends, and the property’s condition.

The size and complexity of the property, the reason for the valuation, and the availability of the valuer are a few variables that can affect how long it takes to perform a house valuation. An easy commercial property valuation may take several days or even weeks to complete, but a residential property value often takes a few hours to a day. To obtain a more precise time estimate for the valuation procedure, it is best to get in touch with us.

The Certified professionals from reputable property valuation companies should perform a real estate valuation.

The appraiser may interview you about the property’s age, size, location, and any recent upgrades or modifications during a property valuation. They might also inquire as to why you need the appraisal, such as whether you want to buy, sell, refinance, or resolve a legal issue with the property. They may also ask about any special characteristics or problems with the property, such easements, zoning limitations, or damage. These inquiries are intended to aid the valuer in gathering as much data as possible to precisely calculate the property’s market value.