Determining Real Value with Purpose
At Esnad, we believe real estate valuation is the foundation of every sound investment decision. It plays a vital role in protecting the assets of both the public and private sectors. What sets valuation apart is that its purpose defines its value meaning the same asset may carry different values depending on the reason and timing behind the assessment.

Purposes of Valuation Include:

• Buying and selling
• Mortgage and financing
• Real estate investments
• Auctions
• Financial reporting
• Zakat and taxation
• Insurance
• Development and improvements
• Mergers and acquisitions
• Feasibility studies
• Highest and best use analysis
• Rental value assessments
• Real estate portfolio analysis
• Accounting and legal purposes

Methods and Standards
We adhere to internationally recognized standards, including those issued by the International Valuation Standards Council (IVSC) and the Saudi Authority for Accredited Valuers (TAQEEM).

Valuation Methods We Use:
Our team applies the most suitable method based on property type and valuation purpose. These include:

1. Market approach
2. Income approach
3. Cost approach
    

We also use sub-methods such as:

• Investment method
• Residual value method
• Discounted cash flow (DCF)
• Comparable sales analysis

Our team has the experience and expertise to apply these approaches accurately, delivering reliable and actionable valuation results.
 

Types of Properties We Appraise
Our valuation services cover a broad spectrum of property types, including:
Residential apartments and villas

• Residential buildings
• Retail units and shopping malls
• Agricultural lands
• Fuel stations
• Healthcare facilities
• Hotels and serviced apartments
• Townhouses
• Industrial properties
• Office buildings
• Mixed-use developments
• Private clubs
• Master-planned communities
• Restaurants
• Warehouses
• Entertainment and leisure venues
   

Our Valuation Process
At Esnad, the appraisal process is thorough, structured, and executed in defined stages:
Identifying the property

• Defining the purpose of the valuation
• On-site property inspection
• Reviewing legal rights, restrictions, and rental conditions
• Coordinating with relevant authorities for planning and environmental details
• Analyzing comparable market transactions
• Adjusting values based on property differences and market conditions

This ensures every valuation reflects the real value of the asset within its market context.
 

Esnad’s Interactive Valuation Platform
We’re proud to have developed our own interactive digital platform to handle all valuation types—seamlessly and paper-free.
This system reduces processing time from 8 hours to just 4, while maintaining high accuracy and full compliance.

Key Platform Features:

1. Correspondence system
2. GPS integration
3. Automated valuation tools
4. GIS (Geographic Information Systems)
5. Total Quality Management
6. Financial claims management
7. Quotation system

The platform operates on a centralized database and uses intelligent technology to learn from internal processes and enhance workflow efficiency.