Certified Real Estate Appraisal
Officially accredited by the Ministry of Commerce and all banks in Kuwait
Absolute accuracy – 30 years of experience in the Kuwaiti market
Speed of completion – Professional reports without delay
The difference between certified real estate appraisal and regular appraisal
A certified real estate appraisal is not just an opinion or estimate of a property’s price. It is a documented, legal report officially recognized by banks, government agencies, and courts. Unlike random estimates you may obtain from real estate brokers or websites, a certified appraisal is prepared by a licensed and accredited real estate appraiser who follows strict international standards.
Why is a certified appraisal essential for you?
✓ Accepted by all Kuwaiti banks to obtain immediate real estate financing
✓ Legally accredited by courts and government agencies for any disputes or transactions
✓ Protects you from fraud and ensures that you do not pay more than the actual value of the property
✓ Signed and sealed by an appraiser accredited by the Ministry of Commerce
✓ Based on accurate data and scientific methodologies, not personal opinions
At Kuwait Revenues, our appraisal is officially accredited under No. (9) by the Ministry of Commerce and accepted by all banks without the need for reappraisal, saving you time and money.
How does a certified real estate appraisal guarantee your financial rights?
Your real estate decisions deserve a solid foundation of reliable data, not mere guesswork. A certified real estate appraisal from Awad Kuwait gives you real assurance that your investments and financial rights are protected every step of the way.
How do we protect your interests?
When buying: We reveal the true market value before paying any excess amount.
When selling: We guarantee you get a fair price for your property without any loss.
When financing: Our report speeds up bank approval and ensures you receive the best terms.
When disputing: Our Ministry of Justice-certified appraisal resolves cases in your favor.
When insuring: You get adequate coverage that protects your entire investment.
Our 30 years of experience in the Kuwaiti market means we know every area, every neighborhood, and every factor that impacts your property’s value. Our General Manager is a founder of the Kuwait Real Estate Appraisers Union and a certified expert with the Ministry of Justice, ensuring the highest levels of accuracy and credibility in every report we issue.
Contact us today and get a certified real estate appraisal that protects your rights and ensures sound financial decisions.
Frequently Asked Questions about Real Estate Appraisal
How do I know that a real estate appraisal is accurate?
A correct and reliable real estate appraisal must meet several essential elements. First, it must be issued by a real estate appraiser licensed and accredited by the Ministry of Commerce and Industry. This license ensures that the appraiser adheres to professional and legal standards. Second, a valid report contains a clear and detailed appraisal methodology explaining how the final value was arrived at, in addition to a comparative market analysis showing prices of similar properties in the same area.
At Awad Kuwait, all our reports are officially accredited by the Ministry of Commerce under No. (9) and accepted by all Kuwaiti banks, ensuring their accuracy and credibility. Our reports also include comprehensive photographic documentation of the property, actual market data, and the signature and seal of the accredited appraiser. Our experience spanning over 30 years in the Kuwaiti market ensures that every appraisal we issue accurately reflects the true market value.
What are the real estate appraisal standards?
Real estate valuation standards are a set of professional rules and guidelines that real estate appraisers adhere to to ensure the accuracy and objectivity of the valuation process. Internationally, the most important of these standards are the International Valuation Standards (IVS) issued by the International Valuation Standards Board, in addition to the standards of the Royal Institution of Chartered Surveyors (RICS) of the United Kingdom. Locally, real estate valuation in Kuwait is governed by Ministerial Resolution No. 182/2010 and Resolution No. 417/2010 regulating the profession of real estate appraisers.
Basic real estate valuation standards include: determining the purpose of the valuation (purchase, sale, financing, judicial), determining the basis of value (market value, investment value, liquidation value), inspecting the property on the ground and verifying its specifications, analyzing the market and comparing the property to similar properties, selecting an appropriate valuation methodology (market comparison, income, cost), and preparing a comprehensive and documented report that includes all results and analyses.
At Awad Kuwait, we apply the highest international and local standards to every valuation we conduct. Our team of certified experts uses the latest tools and technologies to ensure full compliance with these standards, guaranteeing you an accurate and reliable valuation that meets the requirements of banks, government agencies, and courts.
How long does a property valuation take?
The duration of a property valuation varies depending on the property type, size, and location, as well as the purpose of the valuation and the complexity of the case. In general, the valuation of simple residential properties (apartment or house) takes 3 to 5 business days from the date of the field inspection until the final report is delivered. Commercial properties or large projects may require 1 to 2 weeks due to the need for in-depth analysis and more detailed market studies.
The process begins with a call and consultation, where we understand your needs and determine the type of valuation required. A field visit is then scheduled at a time that suits you. This is followed by a comprehensive inspection and examination of the property, documenting all details, an analysis and market study to determine the exact value, and finally, the preparation of the approved report, which is delivered to you, signed and sealed.
At Awad Kuwait, we are committed to speedy completion without compromising quality. We understand the importance of time in your real estate and financial transactions, so we work efficiently to deliver your report as quickly as possible. In urgent cases, we offer a rapid appraisal service that guarantees a certified report within 48-72 hours. Contact us today to learn the exact timeframe for your property appraisal.
Our distinguished services
We are always distinguished by our comprehensive service offerings, which gives customers comfort and confidence in the service provided by us.
