Property Valuator

Abu Dhabi, United Arab Emirates

Job Description

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.About the business area;ADCE, a leading commercial building development manager in Abu Dhabi, provides a wide range of services from feasibility studies to project management, catering to ADCB\'s retail and commercial mortgage business and key government entities like the Abu Dhabi Municipality. This year, a priority has been investing in digitalisation to optimise operations, with a focus on valuations, reporting, and certification, utilising technology to expand services and enhance its proposition. Additionally, ADCE collaborates closely with ADCB\xe2\x80\x99s Sustainability and Corporate & Investment Banking teams to identify and assess sustainable property and construction projects, offering guidance on financing for construction projects and building retrofits. With Environmental, Social and Governance (ESG) as a key focus, ADCE is developing new service offerings set for launch in 2025, including energy services to support the UAE\xe2\x80\x99s goal of achieving net zero emissions by 2050.In this role, your key responsibilities include:
  • To review the draft reports prepared by the property inspectors in order to conclude and report the market value of the units based on market research and data.
  • Inspect properties when needed in order to issue the final valuation report draft for manager\xe2\x80\x99s approval
  • Complete all paperwork in line with Banks requirements to ensure compliance with Royal Institution of Chartered Surveyors (RICS) valuation standards.
  • Maintain frequent dashboard reports to the manager\xe2\x80\x99s as per agreed format in order to provide accurate updates when requested.
  • Stay up to date with latest codes, standards and valuation guidelines to ensure that best practice is being followed and implemented.
  • Adhere to all relevant organizational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders.
  • Assess the value of properties, taking into account size, condition, location and market trends in order to advise on the suitable rent for property to let.
  • Manage self in line with the Bank\xe2\x80\x99s people management policies, procedures, processes and practices to ensure adherence and to maximize own contribution to business performance.
  • Demonstrate Our Promise and apply the ADCB Service Standards to deliver the Bank\xe2\x80\x99s required levels of service in all internal and external customer interactions.
SkillsThe ideal candidate should have the following experience:
  • Minimum 5 years of experience in Property Valuation.
  • Bachelor Degree in Engineering/ Business or relevant field.
  • Member of the Royal Institute of Chartered Surveyors (MRICS).
  • Sound knowledge of construction rules and regulations.
  • Demonstrate extensive knowledge of technical construction techniques.
What we offer:
  • Competitive Salary: The indicative pay range for this role is AED 20,000 \xe2\x80\x93 AED 24,500 per month. Additionally, all employees are eligible to participate in one of our rewarding variable pay plans.
  • Comprehensive Benefits Package: This includes market-leading medical insurance, group life and personal accident insurance, paid leave and leave airfare, employee preferential rates on loans and finance facilities, staff discounts and offers, and children education assistance (for certain job levels).
  • Flexible and Remote Working Options: We understand the importance of work-life balance and offer flexible working arrangements, subject to eligibility and job requirements.
  • Learning and Development Opportunities: We value and facilitate continuous learning and personal development, through a variety of exciting learning opportunities, such as structured instructor-led courses, a comprehensive e-Learning catalog, on-the-job training and professional development programs.
At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.

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Job Detail

  • Job Id
    JD1727925
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    20000 - 24500 per month
  • Employment Status
    Permanent
  • Job Location
    Abu Dhabi, United Arab Emirates
  • Education
    Not mentioned