Real Estate Valuation - Manama 09 November 2025
: 28Introduction:
The real estate valuation profession is one of the fundamental pillars for ensuring financial and economic stability, playing a vital role in enabling investment, financing, and pricing decisions, as well as in promoting transparency and fairness within the real estate market.
This advanced course focuses on deepening understanding of professional practices in real estate valuation, connecting theoretical models with complex real-world applications. It also expands on the study of modern international valuation standards (IVS) and local regulations governing the profession, along with an analysis of advanced practical case studies.
Course Objectives:
- Interpret advanced concepts in real estate valuation in accordance with the latest international and local standards.
- Analyze dynamic factors influencing the market value of real estate properties.
- Apply valuation methods using accurate financial and accounting models.
- Prepare certified valuation reports covering technical, financial, and legal aspects.
- Distinguish between different value applications (market value, highest and best use, insurance value, investment value, etc.).
- Handle complex valuation cases, such as mixed-use or special-purpose properties.
Scientific Themes:
Day 1: Advanced Theoretical Framework in Real Estate Valuation
- Analyze key valuation concepts: value vs. price vs. cost.
- Understand the professional and ethical scope of valuation practices.
- Conduct an in-depth review of the different types of value.
- Perform valuations under inactive or volatile market conditions.
Day 2: Advanced Applied Models for Valuation Methods
- Multivariable Comparative Market Analysis (Advanced CMA).
- Income Approach using Discounted Cash Flow (DCF) models.
- Cost Approach through replacement cost and depreciation of property components.
- Mathematical modeling for real estate valuation using specialized software.
Day 3: Influencing Factors and Predictive Analysis
- Quantitative analysis of economic and financial factors affecting property value.
- Using Geographic Information Systems (GIS) in property valuation.
- Forecasting future market values through economic modeling.
- Studying local and global real estate market indicators.
Day 4: Legal and Standard Framework of Valuation Practices
- Professional interpretation of the International Valuation Standards (IVS).
- Comparative study between international standards (IVS) and local standards (such as those issued by the Saudi Authority for Accredited Valuers – “Taqeem”).
- Understanding legal obligations, professional risks, and the impact of municipal and regulatory systems.
- Reviewing case studies of legal disputes related to valuation reports.
Day 5: Professional Case Studies and Field Valuation Exercises
- Analyzing real and advanced valuation reports.
- Conducting a case study for a mixed-use property (commercial/residential/industrial).
- Preparing a comprehensive valuation report covering financial, technical, and regulatory aspects.
- Engaging in an open discussion session with a licensed valuation expert.
- Final review and evaluation of the knowledge and skills acquired.
