Cushman & Wakefield Core offers Aviation Valuation & Advisory designed to meet the unique needs of aviation real estate in the UAE. This industry spans a diverse range of properties, including aircraft hangars, private airstrips, fixed-based operators (FBOs), and aviation-related businesses. With the UAE’s pivotal role as a global aviation hub, accurate valuations of these assets are essential for optimising investments and meeting regulatory standards.
In the UAE, the aviation sector is heavily regulated by the General Civil Aviation Authority (GCAA), ensuring strict compliance with local aviation laws and international standards, such as the ICAO and the National Civil Aviation Security Program (NCASP). This regulatory landscape creates a need for specialised valuation services that consider the operational and non-operational aspects of aviation facilities, as well as the future development potential of land zoned for aviation use.
Cushman & Wakefield Core’s expertise in the aviation sector includes the valuation of hangars, terminals, air cargo facilities and supporting infrastructure. Our valuation services extend to operational airports, where we assess financial performance for bank lending, purchase and sale transactions and tax purposes. By leveraging our local market insights and understanding of aviation regulations in the UAE market, we provide clients with accurate, reliable valuations that guide the decision-making processes.
Aviation property valuation services include:
- Asset valuation for aviation facilities, including terminals, hangars and support buildings.
- Land and infrastructure assessment, considering location and zoning for aviation use.
- Market demand analysis to evaluate growth potential and capacity requirements.
- Risk assessment addressing compliance with GCAA, ICAO, Civil Aviation Law, Aviation Safety Regulations (CARs), National Civil Aviation Security Program (NCASP) regulations, and industry-specific challenges.
- Investment advisory for funding strategies in aviation-related developments.
- Financial analysis to project returns and assess long-term viability.
As a RICS-regulated firm, Cushman & Wakefield Core conducts all valuations set by the Royal Institution of Chartered Surveyors (RICS) Valuation - Global Standards (the ‘Red Book’) and the International Valuation Standards Council (IVSC). Our reports are widely accepted by major banks across the UAE for regulatory and transactional purposes.
