Dubai RERA Valuation & Market Analysis question: registered valuer employed by a Dubai bank

Dubai RERAValuation & Market Analysis

Hessa is a registered valuer employed by a Dubai bank. A friend asks her to value his Mirdif villa privately for a fee, outside her bank work. May she accept?

A No, unless she first opens a sole proprietorship as a Firm
B No; a bank's valuer may value only for that bank
C Yes, if her bank gives written consent to the private work
D Yes, if she issues the report in her own name and Roll number

Show the answer and explanation

Answer: B. No; a bank's valuer may value only for that bank

Article 4(d) of ECR No. 37 of 2015 (in force 12 Oct 2026) prohibits a valuer working for a bank or financial institution from providing valuation services to any party other than the bank or institution for which he works. The rule contains no consent exception. Her registration and Roll number do not change this, and while employed by the bank she cannot also practise through a Firm, since Article 16(13)-(14) ties a valuer to one Firm, bank or institution. Source: Executive Council Resolution No. (37) of 2015 Regulating the Real Property Valuation Profession, Arts. 4(d) and 16(13)-(14) (in force 12 Oct 2026).

Common mistake

Thinking an employer's consent lets a bank valuer take private work.

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Study note: Valuation & Market Analysis (ECR 37 of 2015)Dubai RERApractice questions & mock exams

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Original study material mapped to the public exam domains; not a real test question.Independent. Not affiliated with DLD, RERA or DREI. Verify figures and rules against current guidance before relying on them.