Our team focuses on delivering comprehensive valuation reports that reflect the current market conditions and assess the value of labour accommodation properties. We do an in-depth analysis of factors such as market trends, location advantages, building quality and capacity utilisation. Through custom methodologies and our insight into the UAE market, we ensure that each valuation is accurate, reliable and aligned with industry best practices.
Labour accommodation in the UAE needs to meet specific regulatory standards, including those set by the Ministry of Human Resources and Emiratisation (MOHRE) and local municipality guidelines. These regulations cover zoning, building quality and the amenities provided to workers. Our valuations take all of these regulations into account, providing clients with clear insights.
Workforce property valuation services include:
- Land and site valuation to assess location suitability and ensure compliance with zoning regulations specific to labour accommodation.
- Market demand analysis to evaluate the occupancy potential of workforce housing, considering current and projected demand for labour in the UAE.
- Cost analysis for amenities and infrastructure to ensure alignment with UAE standards for labour accommodation, including health and safety requirements.
- Risk assessment addressing regulatory compliance, operational challenges and sustainability to ensure the long-term viability of the property.
- Investment advisory focusing on funding strategies for large-scale accommodation projects, helping clients make informed decisions.
- Financial projections to assess return on investment and ensure the long-term sustainability of labour accommodation properties.
At Cushman & Wakefield Core, all valuations are conducted by the Royal Institution of Chartered Surveyors (RICS) Valuation - Global Standards (the ‘Red Book’) and the International Valuation Standards Council (IVSC). Our detailed reports are trusted by banks and investors across the UAE, supporting both regulatory and transactional needs in this sector.
