The UAE’s real estate market continues its reign as one of the most lucrative and dynamic markets around the world. Driven by its rapidly growing population, solid economic policies and foreign investments, the market is greatly appealing for investors.
Contributions from Dubai real estate companies and property sector businesses from other Emirates position the UAE as a global real estate hub. A surging market like this requires assistance from property valuation companies.
This article explores top UAE property valuation companies and their importance in the country’s real estate sector.
List of top 10 property valuation companies in UAE
Here are the leading property valuation companies in the UAE with key insights into their market expertise, services offered and their role in shaping the region’s real estate landscape.
| # | Company Name | Website | Established Year | Full Address | Key Services |
|---|---|---|---|---|---|
| 1 | Asteco | asteco.com | 1985 | Sheikh Zayed Road, Dubai | Property management, sales, leasing |
| 2 | CBRE | cbre.ae | 1906 | Dubai International Financial Centre, Dubai | Advisory, property management, and valuation |
| 3 | Cushman & Wakefield | cushwake.ae | 2008 | Emaar Square, Downtown, Dubai | Real estate, project management |
| 4 | Credence & Co. | cnco.ae | N/A | Al Muntazah, Abu Dhabi | Property & business valuation |
| 5 | Western Valuers & Surveyors | western-valuers.com | N/A | Sultan Bin Zayed The First St, Abu Dhabi | Property valuation & appraisal |
| 6 | Knight Frank | knightfrank.ae | 1896 | Media One Tower, Al Falak Street, Dubai Media City | Residential and commercial property consultancy |
| 7 | Savills Dubai | dubai.savills.ae | 1855 | Arenco Tower, Dubai Media City | Property & facility management, valuation, consultancy |
| 8 | Chestertons | chestertonsmena.com | 1805 | Office 2503, Marina Plaza, Dubai Marina, Dubai | Property & facility management, valuation, consultancy |
| 9 | Hamptons International | hamptons.ae | 1869 | Emaar Business Park 3, First Floor, Sheikh Zayed Road, Dubai | Property management, research & valuation |
| 10 | JLL (Jones Lang LaSalle) | jll-mena.com | 1783 | Emaar Square, Building 1, Office 403, Dubai | Dubai Marina Mall, various commercial spaces |
An overview of top 5 UAE property valuation companies
Asteco
Website: asteco.com
Headquarters: Sheikh Zayed Road, Dubai
Established Year: 1985
Key Person: Elaine Jones, Founder
Core Services: Property management, sales, leasing
Awards:
- Awarded ‘No. 1 Top Regional Consultants’ by Forbes Middle East
CBRE
Website: cbre.ae
Headquarters: Dallas, Texas, USA
Established Year: 1906
Key Person: Michael Young, Managing Director
Core Services: Advisory, property management, and valuation
Awards:
- Facilities Management Team of the Year at the 2023 RICS Awards Australia
Cushman & Wakefield
Website: cushwake.ae
Headquarters: Chicago, USA
Established Year: 2008
Key Person: Michelle MacKay, Global Chief Executive Officer
Core Services: Real Estate, project management
Awards:
- Won “Building Consultancy Team of the Year” award at the RICS Australia 2024 Awards
Credence & Co.
Website: cnco.ae
Headquarters: Al Barsha, Dubai
Established Year: N/A
Key Person: Yousif Alkhanjari, Chairman
Core Services: Property & business valuation
Awards:
- N/A
Western Valuers & Surveyors
Website: western-valuers.com
Headquarters: Jebel Ali, Dubai
Established Year: N/A
Key Person: N/A
Core Services: Property valuation & appraisal
Awards:
- N/A
The role of top property valuation companies in the UAE
Property valuation firms in UAE are crucial, and they provide vital services in the following areas:
Market value assessments: They assist investors, homeowners and developers to understand the true value of the properties.
Mortgage valuations: Property valuation firms ensure compliance with requirements from banks and property financing.
Portfolio valuations: These companies help institutional investors optimize and manage real estate assets.
Investment feasibility studies: This is one of the main factors, as property valuation companies guide developers in selecting real estate projects that yield high returns.
Legal and tax valuations: They support legal proceedings, tax assessments and inheritance settlements.
Market trends and growth drivers for property valuation companies in the UAE
Foreign investments and residency reforms
The introduction of golden visas and 100% ownership to foreign investors has significantly increased real estate demand. Investors from Asia, Europe and the Middle East are actively engaging in the market, seeking high-end and premium projects in Dubai, Abu Dhabi and Sharjah.
With the influx of investors and rising property demands, certified property valuation companies have become essential in determining a fair price for properties and ensuring transparency in transactions.
Managing these increased demands and large transactions can be challenging, but a real estate CRM platform for UAE can help companies handle them effortlessly. With its robust automation, tracking and management features, the platform boosts performance and operational efficiency on the go.
Rising luxury and sustainable real estate
Increasing demand for luxury residences, waterfront properties and sustainable developments is attracting high-net-worth individuals (HNWIs). Rising investments are seen in exclusive neighborhoods like Palm Jumeirah, Saadiyat Island and Emirates Hills.
Professional property valuation services are crucial for such high-value property transactions to prevent risks and safeguard investors.
Growth in off-plan sales markets
Off-plan properties are experiencing unparalleled sales, with new project launches by developers to meet the growing demand for properties.
Property valuation firms in UAE help in assessing the feasibility and value appreciation of these properties, helping investors to make data-backed decisions.
Growing demand for commercial real estate valuations
The industrial and commercial property sector in UAE is booming, which has resulted in the increasing demand for retail centers, office spaces and logistics hubs. Additionally, the expanding ecommerce industry and Expo 2020’s legacy developments require the right property valuation to determine leasing and acquisition costs.
Aligning property recommendations with client preferences can be difficult. However, by utilizing a UAE real estate growth platform, valuation companies can handle clients and properties easily. High-end features like advanced listing and property management solutions can increase sales while boosting the customer experience.
RERA and regulatory compliance
The Real Estate Regulatory Agency (RERA) and Royal Institution of Chartered Surveyors (RICS) have implemented strict valuation standards to ensure accuracy in property valuations.
Property valuation companies are indispensable
The UAE’s property valuation companies provide services that help investors, homeowners and developers to have optimal value for their properties and to keep them safe from risks. As a result of the dynamic and growing real estate market in the UAE, the top property valuation firms can experience continued growth.
Disclaimer: Retyn does not promote or support any of the companies or services mentioned in the list. The data presented is compiled through online and market research and does not reflect our priorities in any manner.
