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Real Estate Valuation Services

Description

This includes the appraisal and assessing the value of fixed property such as plots of land and building for various reasons at the request of specialized surveyors or by official authorities.

Required Documents

Parties:

- All nationalities

(Non-nationals may enter as partners with a UAE national in obtaining a Real Estate Valuation License.)

  1. Licensee shall be an individual and not a corporate.
  2. Copy of Passport and Identity Card.
  3. Copy of the Bachelor Degree in any specialty.
  4. Certificate of the Training Course for Real Estate Residents issued by Dubai Real Estate Institution.
  5. Diploma of Real Estate Valuation issued by Dubai Real Estate Institute (for those who do not have a University Degree).
  6. Certificate of Good Conduct issued by the General Head Quarters of Dubai Police and addressed to the Real Estate Regulatory Authority​.
  7. Expatriate's Residence Visa shall be on the same License. ​

Conditions and Documents required for the registration of a Real Estate Resident:

  1. Copy of Passport and Identity Card.
  2. Certificate of Experience in the field of real estate valuation: 2 year experience for nationals and 5 year experience for expatriates. 
  3. Certificate of the Training Course in  Real Estate Valuation issued by Dubai Real Estate Institution.
  4. Certificate of Good Conduct issued by the General Head Quarters of Dubai Police and addressed to the Real Estate Regulatory Authority​.
  5. Expatriate's Residence Visa shall be on the same License. ​
  6. In the event of  lack of Certificates of Experience (the individual shall be entered into the Real Estate Residents Register as a trainee for one year and shall not be permitted to carry out its activity unless after completing the training period) .

Note:

  • Every person conducting a real estate evaluation process shall be entered in the Residents Register and shall obtain a Real Estate Resident Card issued by the Authority as per the terms before carrying out activities. ​
Service Procedures
Service Fee
  • Activity Fees: 10,000 per year​
  • Real Estate Resident Card Fees: 5000 per year
Service Branches

​Trakheesi System

Related Services
Additional Information
Last updated 01/07/2019 13:45:34
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