A property valuation certificate is an important document that indicates the market worth of a property. To simplify the process of purchasing, selling or refinancing a property in Abu Dhabi, getting this valuation certificate is an important step.
To ensure transparency and a fair evaluation, banks, legal organisations and personal records often require this certificate.
Here are the requirements and fees for getting a real estate valuation certificate in Abu Dhabi.
- The Importance of A Property Valuation Certificate
- How to Request a Property Valuation Certificate in Abu Dhabi Via TAMM
- Choosing the Right Valuation Professional
- FAQs
The Importance of A Property Valuation Certificate
A real estate valuation certificate gives a precise value based on several factors, including location, size, condition and market trends. Plus, this certificate has the following benefits for buyers, sellers and renters:
- Ensures that the property is properly priced, preventing overpricing or underpricing
- Banks and financial institutions approve mortgages and loans
- Eases legal processes, including inheritance and conflicts
- Assists investors in making informed decisions based on the current market worth of their properties
How to Request a Property Valuation Certificate in Abu Dhabi Via TAMM
A real estate valuation certificate stating the property’s estimated market value, applicable taxes, and mortgage value can be requested through TAMM Abu Dhabi. It can also identify the technique used to buy property or land.
Needed Documents for Requesting a Property Valuation Certificate
To request a property valuation certificate through the TAMM portal, you need to upload copies of the following documents:
- Certificate of income proof
- Clear pictures of the building
- Photos from every side of the building
- The land plan
- Other supporting documents
Make sure all documents are clear and accurate to avoid any delays in processing your request.
Procedure to Request Valuation Certificate Via TAMM
A property valuation certificate in Abu Dhabi can be requested via the TAMM site through the following steps:
- Visit the TAMM portal and start your request for a property valuation certificate
- Enter accurate information about the property in the provided fields and submit the request
- Upload the required documents
- Pay the necessary processing fees via the portal, then print the payment receipt
- After your request is processed, print the certificate directly from the portal
These easy steps can help you quickly get a property valuation certificate, ensuring that you have an accurate assessment of your property’s worth.
Fees for Requesting a Property Valuation Certificate in Abu Dhabi
When requesting a real estate valuation certificate in Abu Dhabi, you will need to pay a fee. The fee amount depends on the type of property:
- Agricultural Property: AED 900
- Commercial Property: AED 4500
- Investment Property: AED 2700
- Residential Property: AED 900
- Other Properties: AED 900
Choosing the Right Valuation Professional
Make sure Abu Dhabi Municipality approves the specialist you choose for valuation. When buying property in Abu Dhabi, you must know the actual valuation of the land or property to avoid paying more than the market value. However, you must find the right professionals and company.
While the TAMM Portal allows one to submit the documents, one can contact the following approved valuation companies in Abu Dhabi:
| Infiniti Real Estate And Properties Management | Address | CHQC+9X6, Abu Dhabi-Dubai Road (E-10 Road), Al Rahah, Abu Dhabi | Timings | 08:00 am to 11:00 pm from Saturday to Thursday | Friday Closed | Contact | +971 52 575 9688 |
| Gravity Real Estate | Address | Office 1510 – 1512, Addax Office Tower, Al Reem Island, Abu Dhabi | Timings | 09:00 am to 06:00 pm from Monday to Friday | Saturday: 09:00 am to 03:30 pm | Contact | +971 50 212 1141 |
| A2Z Real Estate Solutions | Address | Khalifa Complex B, Office No. 105, Mezzanine Floor, Al Maiyani Street, Al Zahiyah, E16, Abu Dhabi | Timings | 09:00 am to 07:30 pm from Monday to Friday | Saturday: 09:00 am to 05:30 pm | Contact | +971 50 123 4056 |
FAQs
A valuation certificate identifies the value of an applicant’s property in their hometown. It can also be used as collateral for educational loans from banks to cover the applicant’s expenses.
The time needed to receive a real estate valuation certificate in Abu Dhabi varies based on the kind of property and how well the documentation is presented.
The inspection and processing often take a few days to a few weeks to complete. To prevent delays, ensure that you submit all the required documents on time.
Yes, a representative with a power of attorney can request a property valuation certificate on behalf of the property owner. They will need to provide the necessary documentation and proof of authorization when submitting the request through the TAMM portal.
Requesting a property valuation certificate in Abu Dhabi is a simple task. All you need to do is submit the required documents and fees. With the power of attorney, you can request a valuation of any property for sale in Abu Dhabi.
