When Do You Need a Property Valuation Certificate in Dubai Real Estate Deals
In Dubai’s fast-evolving real estate market, every transaction — whether buying, selling, refinancing, or transferring property — must be supported by accurate, transparent valuation data. A property valuation certificate in Dubai plays a crucial role in ensuring that property values are assessed fairly and in accordance with official guidelines. This certificate, issued by certified professionals approved by the Dubai Land Department (DLD), serves as official proof of a property’s market worth and helps all parties make informed decisions. Understanding when and why this certificate is required is essential for property owners, investors, and developers alike. Understanding the Role of a Property Valuation Certificate A property valuation certificate is an official document that determines a property's fair market value based on factors such as location, condition, size, age, and current market trends. In Dubai, these valuations are regulated by the Dubai Land Department to mai...