Description
Documents
This service allows you to request property valuations for:
- Vacant residential, commercial, and industrial lands
- Residential units
- Residential villas
- Agricultural lands with an existing building
- Commercial or industrial buildings
- Villa complexes
- Labour camps on a single land
- Vacant lands for a major real estate project or for one of its phases
- Hotel buildings with the land they exist on
Required Documents
All valuation requests require the following main documents:
- A completed Valuation Request Form
- A letter from the owner and a copy of their valid passport/ Emirates ID Card
- A copy of the municipality map (one year) or the planning map
Additional documents required, depending on the type of property to be valued.
Vacant Land for a major real estate project or one of its stages:
- A letter of no objection from the main developer/bank
- A Sale/Purchase contract
To valuate a building (one residential villa with the land on which it is built):
- A built-up construction area
- A detailed statement indicating the number of villas/units
- A detailed statement of expenses for the past three years
- Ejari contracts for each unit type
To determine the value of a hotel building with the land on which it is built:
- A built-up construction area
- The value of room rentals and the number of facilities, halls, and restaurants at the premises
- A detailed statement showing all expenses and net profits over the past three years from a certified accounts office
- A Hotel Management Contract
- A tax letter from Dubai Municipality
*Government fees will be at actuals and an estimate will be provided for the same.