Dubai Real Estate Appraisals and Valuations
Dubai real estate appraisals and valuations are an important part of the buying and selling process in Dubai. A real estate appraisal is an unbiased estimate of the fair market value of a property, while a valuation is an assessment of the property’s worth for a specific purpose, such as financing or insurance.
Real Estate Appraisals in Dubai
In Dubai, real estate appraisals are typically conducted by licensed appraisers who are members of the Royal Institution of Chartered Surveyors (RICS) or the Dubai Land Department (DLD). The appraiser will visit the property and inspect it for its condition, size, features, and amenities.