Property Valuation
Property Valuation
We provide independent and comprehensive reports and advice for a range of different asset classes, including apartments, villas, offices, retail, large scale development projects and full story buildings. We service clients in a variety of different sectors for a variety of purposes. We understand the role valuation plays in all real estate decisions. Our dedicated team of valuation professionals provide impartial valuations for both single assets and portfolios in the UAE, and globally across a wide range of real estate asset classes.
Property valuation takes a crucial part in the real estate industry. It determines the value of the property for sellers and buyers, considering market data, condition, location, income generation potential, etc.
We offers a Comparative Market Analysis (CMA) to the clients free of cost to help them gain a better understanding of the market and provide the assistance in the process of selling or buying the property. This will help to ensure that you list your property for sale or rent through Driven Properties, knowing its true value on the current market.
- Sales comparison, or market data, using sales history records in the area and considering discrepancies, such as the age of the building and condition, between comparable properties.
- Income capitalization, where the property is valued based on the income it can generate, usually in terms of rent.
- The cost approach, which assumes that a buyer will not pay more than what it costs to build a property plus the cost of the land.
