ABSTRACT

An overview of real estate valuation methods and techniques with worked examples. Valuation approaches and their reliability in Dubai are discussed extensively. This chapter provides a general overview of real estate valuation and its regulation. Dubai has implemented a range of legislation surrounding the governance of property valuations. Therefore, a study that begins to examine the effectiveness of these new legislations is warranted. A comprehensive analysis of Dubai’s local valuation standards and related practical areas is discussed. An extensive range of practical examples and discussions are included. The chapter concludes by looking to the future of the valuation profession and highlights what innovations are imminent and their likely impact.