How to request a valuation certificate in Abu Dhabi
Property valuation offers a number of benefits, one of the most obvious of which is providing an accurate assessment of any property in the real estate market. For investors, it helps make informed decisions and gauge potential returns. In the UAE, the option to request a valuation service in Abu Dhabi is one of the many government services provided by TAMM. Let’s have a look at the process and requirements to request a valuation certificate in Abu Dhabi.
How to request a Property Valuation Certificate in Abu Dhabi
As mentioned, the application for the certificate can be made via TAMM Abu Dhabi. Apart from determining a property’s market value, the document mentions its mortgage value as well as applicable taxes. For those who require it, here are the steps to request the certificate in the capital.
Documents required for a Valuation Certificate in Abu Dhabi
Copies of the following documents need to be uploaded on the TAMM online portal to initiate the request:
- Clear photos of the property from all sides
- Proof of income certificate
- Land plan
- Other supporting documents
Procedure to request a Valuation Certificate in Abu Dhabi
It is possible for property owners to request a certificate from the TAMM website. The task can also be undertaken by anyone possessing power of attorney of the real estate.
To make the request:
- Initiate it by logging into TAMM
- Fill in the requested information
- Upload the required documents if needed
- Pay the fee
- Print the certificate and payment receipt
It’s as simple as that.
Valuation Certificate in Abu Dhabi cost
The cost to request a valuation certificate in Abu Dhabi depends on the type of property you own. Here’s a general breakdown:
- Residential: AED 900
- Agriculture: AED 900
- Investment: AED 2,700
- Commercial: AED 4,500
- Other: AED 900
FAQs ABOUT VALUATION CERTIFICATE AND MORE
When will I receive my certificate?
The processing time is three working days.
What if I want to transfer my property to another owner?
Transferring property ownership in Abu Dhabi is easy if you know what to do. You must also obtain the necessary clearance certificates and required documents for the process to be successful.
How do I get my property in Dubai evaluated?
You can do that via the official website of the Dubai Land Department (DLD). Another method is via TruEstimate™ by Bayut. The tool offers precise property valuations based on data sourced from DLD.
Alternatively, you can also request for a property evaluation certificate in Ajman if you own real estate in the emirate.
Now you know how to request a valuation certificate in Abu Dhabi. Stay tuned to MyBayut for more information on the UAE real estate market.
