Free online valuation of residential property in Dubai
Dubai residential property online valuation (appraisal). Perform valuation of your apartment or flat in minutes.
Please enter the parameters of the apartment which price you would like to estimate, and we will show you its preliminary market price estimation
and rental rate based on our ML model.
Frequently asked questions about residential property valuation in Dubai
What is property valuation?
Property valuation is the process of estimating the fair market value of a property. This is crucial information for both buyers and sellers to ensure a fair price is being paid.
Why is property valuation important in Dubai?
Prevents overpaying for a property
Helps secure a mortgage loan (banks require valuation for approval)
Evaluates a property's potential return on investment (ROI)
Provides insights into potential pros and cons before investing
How is property valuation conducted in Dubai?
Professional valuers consider several factors including:
Location: Areas with high demand or proximity to amenities typically hold more value.
Size and type of property: Generally, price is determined per square foot. Apartments vs villas will have different valuations.
Property condition: Newer properties in good condition will be valued higher than older ones requiring renovations.
Market trends: Valuations consider current market conditions like supply and demand for similar properties.
Amenities: Properties with desirable features like pools or gyms may be valued higher.
Who can conduct a property valuation in Dubai?
Where valuations can be obtained from in Dubai?
Property valations in Dubai can be obtained from RERA-approved valuation companies in Dubai (Real Estate Regulatory Agency)
What are some additional things to consider?
The purpose of the valuation (buying, selling, refinancing) may influence the approach.
Valuations may differ slightly depending on the valuer's experience and methodology.
What are the benefits of getting a professional valuation vs. a free online tool?
Accuracy: Professionals consider more factors and have access to market data for a more precise valuation.
Negotiation Power: A professional valuation report strengthens your position during negotiations when buying or selling.
Legal Requirements: Banks often require a professional valuation for mortgage applications.
How long does a professional property valuation take?
The timeframe can vary depending on the complexity of the property and the valuer's schedule. Usually, it takes 2-3 working days to receive a valuation report after a site visit and data collection.
What if I disagree with the valuation provided?
If you feel the valuation is inaccurate, you can discuss your concerns with the valuer. You may also consider getting a second valuation from another RERA-approved company for comparison.
Disclamer: this is an estimate and not an approved or certified valuation. To get a legally acceptable valuation please contact a licenced valuation company.