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Commercial Valuer

1.00 to 10.00 Years   Dubai United Arab Emirates   01 Nov, 2023
Job LocationDubai United Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryFinancial Services; Real Estate
Functional AreaNot Mentioned

Job Description

JOB PURPOSEThis role is pivotal in producing precise commercial valuation reports adhering to international (RICS) and local (RERA) standards. It involves comprehensive market research to ensure accuracy in valuations, property inspections, adherence to evolving guidelines, and peer-reviewing team reports. Additionally, it entails providing market data for advisory and research purposes while staying updated on the local real estate landscape.JOB ROLES AND RESPONSIBILITIES

  • Prepare commercial valuation reports, adhering to local and international standards.
  • Retain and develop a current understanding of the commercial market, trends, sales prices, rental rates and demand to assist in the preparation of valuation reports.
  • Complete other related duties as assigned from time to time.
  • Preparing accurate valuation reports
  • Ensuring reports meet a high-quality standard / appearance.
  • Ensure valuation reports comply with International (RICS) & Local (RERA) reporting standards.
  • Ensure reports adhere to the Terms of Engagement and meet, or exceed our Terms of Engagement.
  • Conduct property inspections on assigned projects and produce accurate inspection notes.
  • Prepare written location and property descriptions.
  • Ensure that all reports, data collection, date recording, inspections and recommendations comply with RICS and RERA guidelines, as amended from time to time by the RICS.
  • Retain and develop a detailed understanding of rental and sales prices for differing unit types throughout Dubai and the northern emirates.
  • Retain and develop a wider understanding of factor effecting the local real estate market, current trends and outlook.
  • Undertake a range of tasks, as required on an ad hoc basis.
  • Periodic peer review of team member reports to ensure reports meet a high-quality standard / appearance.
  • Ensure reviewed reports comply with International (RICS) & Local (RERA) reporting standards.
  • Provide Advisory & Research latest market data, as requested.

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