Automated Valuation Model

 

Secondary Market Transfers
Oct 2021
2,121
up-to-date
Off Plan Transfers
Oct 2021
1,433
up-to-date
Al Furjan - Apartments
Med. Price AED 954,835
2.35%
month-on-month
Al Furjan - Villas
Med. Price AED 2,971,100
1.97%
month-on-month
Al Habtoor City
Med. Price AED 1,608,852
1.36%
month-on-month
Al Khail Heights
Med. Price AED 506,710
1.60%
month-on-month
Arabian Ranches
Med. Price AED 2,496,545
2.82%
month-on-month
Business Bay
Med. Price AED 1,685,784
4.16%
month-on-month
City Walk
Med. Price AED 2,827,971
3.05%
month-on-month
Culture Village - Apartments
Med. Price AED 1,210,471
6.74%
month-on-month
DAMAC Hills - Apartments
Med. Price AED 1,140,863
6.33%
month-on-month
DAMAC Hills - Villas
Med. Price AED 3,899,892
1.77%
month-on-month
Discovery Gardens
Med. Price AED 338,300
-2.45%
month-on-month
Downtown Dubai
Med. Price AED 1,878,134
3.72%
month-on-month
Dubai Creek Harbour
Med. Price AED 1,795,336
-3.21%
month-on-month
Dubai Hills Estate - Apartments
Med. Price AED 1,828,636
3.04%
month-on-month
Dubai Hills Estate - Villas
Med. Price AED 3,271,327
2.33%
month-on-month
Dubai Investments Park - Apartments
Med. Price AED 984,917
1.48%
month-on-month
Dubai Investments Park - Villas
Med. Price AED 3,300,045
4.74%
month-on-month
Dubai Marina
Med. Price AED 1,604,979
1.76%
month-on-month
Dubai Production City
Med. Price AED 669,782
-3.65%
month-on-month
Dubai Residence Complex
Med. Price AED 369,916
1.23%
month-on-month
Dubai Science Park (DuBiotech) - Apartments
Med. Price AED 1,364,068
-0.04%
month-on-month
Dubai Science Park (DuBiotech) - Villas
Med. Price AED 3,916,818
1.13%
month-on-month
Dubai Silicon Oasis - Apartments
Med. Price AED 480,820
0.65%
month-on-month
Dubai Silicon Oasis - Villas
Med. Price AED 3,061,670
4.69%
month-on-month
Dubai South - Apartments
Med. Price AED 668,408
3.99%
month-on-month
Dubai South Townhouses
Med. Price AED 1,401,653
1.34%
month-on-month
Dubai Sports City - Apartments
Med. Price AED 480,630
3.57%
month-on-month
Dubai Sports City - Villas
Med. Price AED 3,636,845
1.49%
month-on-month
Dubai Studio City
Med. Price AED 519,047
2.60%
month-on-month
Emirates Living - Apartments
Med. Price AED 1,142,896
4.28%
month-on-month
Emirates Living - Villas
Med. Price AED 5,398,170
4.46%
month-on-month
Falcon City of Wonders
Med. Price AED 2,513,025
2.76%
month-on-month
International City
Med. Price AED 275,611
0.58%
month-on-month
Jumeirah Beach Residence
Med. Price AED 1,947,472
5.28%
month-on-month
Jumeirah Golf Estates - Apartments
Med. Price AED 1,598,570
0.76%
month-on-month
Jumeirah Golf Estates - Villas
Med. Price AED 6,000,133
2.11%
month-on-month
Jumeirah Islands
Med. Price AED 7,231,020
-4.02%
month-on-month
Jumeirah Lakes Towers
Med. Price AED 1,091,929
1.58%
month-on-month
Jumeirah Park
Med. Price AED 4,067,749
2.74%
month-on-month
Jumeirah Village Circle - Apartments
Med. Price AED 746,870
0.40%
month-on-month
Jumeirah Village Triangle - Apartments
Med. Price AED 730,550
-4.02%
month-on-month
Jumeirah Village Triangle - Villas
Med. Price AED 2,336,404
2.94%
month-on-month
Living Legends
Med. Price AED 933,971
5.19%
month-on-month
Liwan
Med. Price AED 436,410
0.49%
month-on-month
Mohammed Bin Rashid City Townhouses
Med. Price AED 5,069,503
3.46%
month-on-month
Motor City - Apartments
Med. Price AED 860,625
1.11%
month-on-month
Motor City - Villas
Med. Price AED 3,745,047
0.30%
month-on-month
Mudon
Med. Price AED 3,713,447
0.79%
month-on-month
Palm Jumeirah - Apartments
Med. Price AED 2,795,268
5.00%
month-on-month
Palm Jumeirah Fronds - Garden Homes
Med. Price AED 15,162,990
5.79%
month-on-month
Reem Townhouses
Med. Price AED 1,913,192
2.18%
month-on-month
Remraam
Med. Price AED 627,094
0.10%
month-on-month
The Hills
Med. Price AED 2,131,151
1.34%
month-on-month
The Villa
Med. Price AED 3,750,750
0.75%
month-on-month
Town Square - Apartments
Med. Price AED 965,619
-0.51%
month-on-month
Town Square Townhouses
Med. Price AED 1,644,119
3.00%
month-on-month

Property Monitor Automated Valuation Model

The very first 'Lender Grade' AVM for the UAE Market

The Property Monitor Automated Valuation Model (AVM) is the first development of a 'Lender Grade' AVM in the UAE. Whilst AVM usage is well established in Europe and North America, the availability of data and development of localised robust algorithms has restricted lender adoption in the UAE marketplace until now.

Loan Origination

Our origination AVM gives lenders the security of a faster time to an initial lending decision, without increasing risk.

Portfolio and Back Book

The back-book AVM allows us to deliver fast, accurate, asset-by-asset valuations of residential property portfolios and stress testing of both existing books and other portfolios.

Valuation Audit

The unique Property Monitor Val Check ‘Guardian’ system works seamlessly alongside new physical valuation instructions and underpins the accuracy of current valuations for both lenders and surveyors.

High quality, timely and data of known provenance is critical when creating an accurate automated valuation model.  Property Monitor’s track record of providing data solutions and cleaning and compiling large volumes of data has provided the ideal foundation for the AVM product suite. 

Our valuation model pulls together a rich variety of listing, transactional and supplementary data from one of the largest property data sets available and further supports that with surveyor data records.

AVM Methodology

The first step is to uniquely identify the property using our database look-up.

Secondly, the AVM will identify properties nearby and in comparable settings with similar characteristics, employing powerful algorithms, proprietary indexes built at community levels and local market evidence to estimate the value of each relevant property in our database as at today’s date.

Thirdly we apply our unique analytics, including price per square foot metrics, indexation of historical price points and the ranking of the comparable evidence to give a valuation estimate and an associated confidence level for the subject property.

Our AVM is available via a straightforward desktop User Interface or an integrated API call service and can be tailored to your business rules.

OUR PRODUCTS


  • Market Data

  • Property Monitor Index

  • Market Statistics

  • Heat Map

  • Project & Supply Tracker

  • Service Fee Charge

  • Custom Agent Report

  • Bank Portfolio Review

  • Area Risk Matrix

  • Valuation Hub

  • Automated Valuation Model

Interested in Property Monitor?

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