The Importance of RICS Valuation for Audit Purposes in the UAE

In the ever-evolving real estate landscape of the UAE, especially in Dubai, accurate and credible property valuations have become essential—particularly for audit and financial reporting purposes. At Archers, we specialise in real estate valuation and advisory services, providing clients with reports that not only meet the highest standards but also support transparent, audit-ready financial documentation.

As a RICS-regulated firm with deep local market knowledge, we help businesses navigate their audit requirements with clarity and confidence.

Why Choose Archers for Your Audit Valuation Needs?

At Archers, we bring together experience across real estate, finance, and data analytics to deliver valuation solutions that are clear, consistent, and tailored to your needs. Our team has over 50 years of combined experience, and we operate with the agility of a boutique consultancy—offering clients a more personalised and responsive service.

Whether you're preparing for a statutory audit or reviewing internal financials, we ensure your real estate assets are valued accurately and in line with international standards.

The Role of RICS in Property Valuation

The Royal Institution of Chartered Surveyors (RICS) sets the benchmark for global valuation standards. As a RICS-regulated company, we follow strict professional and ethical guidelines, meaning our valuation reports are not only robust and reliable but also fully recognised by auditors, financial institutions, and regulators.

This gives our clients peace of mind that their asset valuations can withstand scrutiny and support transparent reporting compliance with IFRS.

Why Professional Valuation is Critical for Audit Compliance

Accuracy and reliability are at the heart of any audit process. Property assets must be valued correctly to ensure financial statements reflect real market conditions. A professionally conducted valuation reduces the risk of errors or misstatements that can delay or complicate the audit process.

Compliance with international standards is also key. Our valuations are prepared in accordance with the RICS Red Book, which aligns with IFRS and other global frameworks—ensuring consistency, quality, and credibility.

Identifying potential risks is another important outcome. Independent valuations can highlight discrepancies or issues that may require attention before the audit, helping to avoid last-minute surprises.

And finally, building trust with stakeholders—from auditors to investors—is much easier when you have a professionally prepared, transparent valuation backing up your financials.

Our Reach Across the UAE

Our valuation expertise covers all key emirates, including Dubai, Abu Dhabi, Sharjah, Ajman, and Ras Al Khaimah. We work with both private clients and institutions to deliver valuation reports that are accurate, timely, and fit for purpose.

Residential valuation services include:

• Freehold apartments and villas
• Off-plan properties and compounds
• Reports for mortgage lending, financial accounting, gifting, tax, and legal proceedings (such as divorce, probate, and immigration)

Commercial valuation services cover:

• Offices, retail units, malls, labour camps, and mixed-use developments
• Entire buildings, warehouses, factories, and industrial assets

Beyond Valuation: Consultancy and Strategic Advisory

We provide a full suite of building consultancy and real estate advisory services. From condition and snagging surveys to reinstatement cost assessments, reserve fund studies, and insurance valuations, our team helps clients manage property performance, compliance, and risk.

Our advisory team also delivers market research, highest and best use studies, pricing strategies, and feasibility reports—giving clients the insight they need to make smarter investment and development decisions.

What Sets Archers Apart

Working with Archers means partnering with a team that combines local market knowledge with international best practices.

We’re regulated by RICS and licensed by the Real Estate Regulatory Agency (RERA) in Dubai, and we’re also ISO 27001:2022 certified—demonstrating our commitment to data protection and operational excellence.

We prioritise quality over quantity, focusing on a select group of clients to deliver services that are tailored, thoughtful, and backed by real expertise. By using the latest technology and analytics tools, we ensure fast turnaround times without compromising on accuracy.

Final Thoughts

Audit-ready valuations are not something to leave to chance. In today’s market, where scrutiny and compliance are more important than ever, working with a qualified, RICS-regulated valuation partner gives you an important edge.

At Archers, we help our clients meet audit requirements with confidence—providing clear, defensible valuations that stand up to regulatory standards and deliver long-term value.

If you’re preparing for an audit and need support with property valuation, get in touch with us. We’d be happy to help.

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