How To Choose The Right RERA-Approved Property Valuation Company In Dubai & Abu Dhabi

A property deal in Dubai & Abu Dhabi can fall apart before it even begins if the valuation isn’t done right. An inflated figure can scare off buyers. An undervalued one can lead to major financial loss. And if the report doesn’t meet RERA standards, lenders and regulators may reject it altogether. These issues often trace back to one decision: choosing the wrong valuation company in a market where accuracy and compliance are crucial.

So, how can you tell if a company is RERA-approved? In this blog, we’ll walk you through the role of a RERA-approved valuation company, when their services are needed, and the key factors to consider when selecting the right property valuation firm in Dubai & Abu Dhabi.

The Role Of RERA in Ensuring Fair Property Valuation In Dubai & Abu Dhabi

1. Standardising Property Valuation

- Guidelines and Regulations:

RERA defines valuation standards and ensures valuers and developers follow established procedures and construction norms.

- Promoting Transparency:

By enforcing uniform valuation practices, RERA helps reduce bias and increase trust among buyers, sellers, and investors.

- Ensuring Accuracy:

The rules of RERA require valuations to reflect real-time market conditions, aiding accurate pricing and informed decision-making.

2. Regulating The Real Estate Sector

- Licensing and Oversight: RERA ensures that only qualified professionals, such as valuers, brokers, and developers, are licensed to operate in Dubai’s real estate market through strict approval and regulatory oversight.

- Monitoring Trust Accounts:

Developers' escrow accounts are supervised to confirm that buyers’ funds are protected and used only for approved purposes.

- Guaranteeing Fair Transactions:

It enforces legal standards to ensure property deals are handled transparently, safeguarding the rights of all parties involved.

- Providing a Rent Index:

The RERA rental index offers benchmarks for fair rent pricing, which also supports accurate property valuation for investors and landlords.

3. Providing A Framework For Accurate Assessments

- RERA-Certified Valuers:

Only RERA-approved valuers are permitted to issue official property valuation reports used by banks, courts, and government bodies.

- Market Research and Analytics:

RERA regularly publishes property market data and reports that valuers and investors use to support reliable assessments.

- Dispute Resolution:

In cases of disagreement over valuations, RERA has the authority to intervene and resolve disputes impartially.

When Do You Need A RERA-Approved Valuation?

1. Applying For A Mortgage Or Home Loan

Banks in Dubai & Abu Dhabi require a property valuation conducted by a RERA-approved company before approving a mortgage. The valuation helps the bank assess the true market value of the property to determine the loan amount and risk. Without this report, most financial institutions will not proceed with the application.

2. Buying Or Selling A Property

If you are buying or selling a property, a RERA valuation company ensures the price reflects current market conditions. This is especially important in fluctuating markets. Buyers can avoid overpaying, and sellers can ensure they are asking for a fair amount based on evidence, not assumptions.

3. Transferring Property Ownership Among Family Members

When transferring property within a family, such as between parents and children or between spouses, a valuation report is often required by the Dubai Land Department to calculate registration fees based on the property’s market value. A certified valuation ensures the transfer is processed correctly and transparently.

4. Company Audits And Financial Reporting

Businesses that own property assets in Dubai & Abu Dhabi must report their market value accurately in financial statements. A RERA-approved valuation is accepted by auditors and helps companies stay compliant with accounting standards, especially for annual audits or IPO readiness.

5. Property Disputes Or Legal Proceedings

Courts in Dubai & Abu Dhabi accept only RERA-approved valuation reports as evidence in real estate disputes. This includes conflicts between landlords and tenants, inheritance cases, divorce settlements, and partnership dissolutions. The official report helps the court reach a fair judgment.

6. Investment Analysis And Portfolio Reviews

Real estate investors, including institutional and private investors, often request RERA-approved valuations to assess the performance and value of their property portfolios. This helps in decision-making related to asset sales, refinancing, or reinvestment.

7. Refinancing An Existing Loan

If you are applying to refinance a property loan, banks will ask for an updated RERA-approved valuation report. This helps them determine the new lending terms based on the property's current market value and updated financial risk.

8. Calculating Property-Related Fees And Taxes

The Dubai Land Department may require a formal valuation to calculate fees such as registration, donation, or gifting charges. These are based on the actual value of the property, not the original purchase price. A RERA-approved valuer’s report ensures correct fee assessment.

Key Criteria For Choosing The Right Valuation Partner

1. RERA Accreditation

Confirm that the companies are accredited by the Real Estate Regulatory Agency (RERA). Accreditation signifies that the company meets the regulatory standards set by the Dubai Land Department (DLD) and is authorised to perform property valuations in the emirate. You can verify accreditation through the DLD's official website or the Dubai REST app.

2. Compliance With Emirates Book Valuation Standards (Ebvs)

Ensure the RERA valuation company adheres to the Emirates Book Valuation Standards (EBVS), which incorporate the latest International Valuation Standards (IVS). Compliance with EBVS guarantees that valuations are conducted using standardised methodologies recognised both locally and internationally.

3. Licensed Valuers

Verify that the company's RERA-approved valuer holds valid licenses issued by the DLD. Licensed valuers have undergone the necessary training and assessments to perform property valuations in Dubai & Abu Dhabi, ensuring professionalism and adherence to regulatory requirements.

4. Experience With Specific Property Types

Choose a company with experience in the specific type of property you own or intend to purchase. Whether it's residential, commercial, industrial, or mixed-use properties, specialised experience ensures that the valuer understands the unique factors influencing the property's value.

5. Access To DLD Data And Tools

A reputable RERA valuation company should have access to DLD's databases and tools, such as Oqood and Ejari. Access to these platforms allows valuers to obtain accurate and up-to-date information on property transactions, rental contracts, and ownership details, which are essential for precise valuations.

6. Transparent Valuation Methodologies

The company should employ transparent and standardised valuation methodologies, such as the Market Comparison Approach, Income Approach, or Cost Approach, depending on the property type. Clear documentation of the methodology used enhances the credibility of the valuation report.

7. Data Security And Record Maintenance

The company must maintain electronic records of all valuations conducted, including client details, property information, and valuation reports, for a minimum of five years. Proper record-keeping ensures data security and facilitates future reference or audits.

8. Independence And Objectivity

Select a RERA-approved property valuation company in Dubai & Abu Dhabi that operates independently and is not involved in real estate brokerage or development activities. Independence ensures objectivity in valuations, free from potential conflicts of interest that could influence the property's assessed value.

9. Timely Service Delivery

Consider the RERA-approved valuers’ ability to deliver valuation reports within a reasonable timeframe. Timely delivery is crucial, especially when valuations are needed for transactions, financing, or legal purposes. Discuss and agree upon delivery timelines before engaging the company's services.

Why Archers Is A Trusted RERA-Approved Valuation Partner

When selecting a RERA-approved property valuation company in Dubai & Abu Dhabi , Archers meets every key criterion with distinction. Backed by over 50 years of global expertise and more than 35 years in the UAE, we combine deep market insight with international best practices. Our RICS-regulated status, ISO 27001 certification, and use of advanced technology ensure accurate, secure, and timely valuations. Having assessed over 10,000 properties across multiple sectors, Archers is a proven, dependable choice for trusted property valuation in Dubai.

To discuss your valuation needs or request a consultation, get in touch with us today. Call us at +971 58 557 8987 or email info@archersmena.com; Our team is ready to assist you!