How Much Is Your Dubai Property Worth Right Now?

How Much Is Your Dubai Property Worth Right Now?

October 8, 2023

With the emirate’s real estate market currently on fire, getting an up-to-date valuation will help you make informed decisions – and now you can do it online.

The Dubai real estate market is currently so hot it’s giving the weather a run for its money, with property values right across established locations close to their 2014 peaks, while in many freehold hubs new price thresholds have been set. In this seller’s market, if you’re a homeowner you might well be wondering how much your asset is now worth – just in case you could make a highly lucrative sale.

Thanks to the magic of the internet, you can find out in just a few clicks with the ValUd tool – recently relaunched by haus & haus in partnership with Property Monitor to empower clients with unbiased knowledge at their fingertips.

It’s free, it’s easy, and you can do it within minutes – what’s not to love?

Here’s a few of the main reasons why getting a valuation is a smart move for homeowners, potential buyers, investors, and those overseas looking to move to Dubai.

Selling

If you’re planning to sell your property, a valuation can provide a realistic and competitive listing price and is a useful, data backed reference point to help you in your negotiations.

Refinancing

If you’re considering refinancing your mortgage, knowing your property’s value is essential. Lenders often require a current valuation to determine how much equity you have in your home and whether you qualify for a loan.

Estate planning

Property valuation is crucial for estate planning. It helps determine the property’s worth for inheritance purposes, ensuring an equitable distribution of assets among heirs.

Investment decision making

Real estate investors rely on property valuations to make informed investment decisions. It helps them identify properties with potential for capital appreciation and rental income.

Portfolio management

For those with multiple properties, valuations help manage and optimise their real estate portfolio. It can guide decisions about selling underperforming assets or acquiring new ones.

Negotiation power

Whether you’re buying or selling, having an accurate property valuation gives you negotiating power. You can use it to justify your asking price or to challenge an offer that doesn’t align with the property’s true value.

Peace of mind

Finally, knowing the current value of your property can provide peace of mind and confidence in your financial planning and real estate decisions.

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