Property valuation plays a vital role in the real estate market. A fair property valuation facilitates buyers and sellers in making well-informed decisions. TAMM Abu Dhabi is a one-stop platform for various government services. It also offers the service to request a property valuation certificate in Abu Dhabi to gauge a property’s market value.
Let’s take a look at the complete process and requirements to request a property valuation certificate via TAMM.
Know How to Request Property Valuation Certificate in Abu Dhabi
Property valuation is a detailed assessment which determines a property’s true worth. It draws data from various factors and helps customers to make better choices.
The property valuation certificate can be requested via TAMM Abu Dhabi. The certificate states a property’s estimated market value, applicable taxes as well as mortgage value. It can also act as an identification of the method of property or land acquisition.
Here are the complete details on how to request a property valuation certificate through TAMM.
Required Documents
To request a property valuation certificate, you need to upload copies of the following documents on the TAMM portal.
- Certificate of income proof
- Clear pictures from every side of the building
- The land plan
- Other supporting documents
Procedure
Customers can request a property valuation certificate in Abu Dhabi via the TAMM portal. Moreover, any representative having power of attorney of the real estate can request the certificate on behalf of the property owner.
Let’s go through the steps for requesting a property valuation certificate.
- First, initiate the request through TAMM.
- Fill in the fields with accurate information and submit the request.
- Upload the required documents on the portal.
- Pay the processing fees and print the payment receipt.
- Once the request is processed, you can print the certificate.
Processing Time
The processing time after initiating the service request is 3 working days.
Fees
The customer must pay the property valuation certificate fees when requesting it in Abu Dhabi. The fees vary for different property types.
- Agricultural Property – AED 900
- Commercial Property – AED 4500
- Investment Property – AED 2700
- Residential Property – AED 900
- Other Properties – AED 900
These were the complete details on how to request a property valuation certificate in Abu Dhabi. Also, there are many property valuation companies in Abu Dhabi which provide a detailed assessment report to support customers. Similarly, you can request property valuation via DLD, if you wish to evaluate any property in Dubai. Moreover, you can also hire a real estate agent to determine home value.
Such services help regulate real estate transactions in Abu Dhabi. Therefore, when you buy an apartment in Abu Dhabi or any other property type, ensure that you use these services to estimate its market value.
Stay connected to dubizzle’s property blog for more information on property registration and valuation services.
