Real Property Valuation is the formal process of estimating the market value of a specific property on a given date for a specific purpose. This estimation is based on factors like location, characteristics, and specifications of the property. The p…
Real Property Valuation is the formal process of estimating the market value of a specific property on a given date for a specific purpose. This estimation is based on factors like location, characteristics, and specifications of the property. The process must follow standards set out in the Real Property Valuation Book issued by the DLD. Only registered Valuers working through authorised firms or financial institutions are permitted to conduct these valuations to ensure accuracy and professionalism in the market.
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