New valuation standards aim to reduce mortgage approval delays

RERA has introduced mandatory standardised valuation guidelines for all mortgage-backed property transactions in Dubai, effective from 15 March 2026. The new rules require valuers to follow a uniform methodology for comparable selection, adjustment factors, and reporting format — reducing the variance in valuation outcomes that has caused so many mortgage delays.

What changed

• Comparable selection: Minimum five comparable transactions within 12 months, clearly justified.
• Adjustment factors: Standardised grid for size, view, condition, and location adjustments.
• Reporting format: Uniform 15-page report template accepted by all major lenders.
• Turnaround target: 3 business days from instruction to report delivery.