Introduction
Property valuation plays a crucial role in mortgage approval, as it establishes the market value of the property, influencing loan eligibility and amount. For NRIs, understanding how valuation works is essential to avoid surprises and ensure they receive adequate financing.

1. Understanding the Valuation Process
Professional appraisers assess property value based on location, condition, market demand, and property size. For NRIs, this process is important, as a lower-than-expected valuation may mean needing a higher down payment or facing reduced loan eligibility.

2. Impact on Loan-to-Value (LTV) Ratio
The LTV ratio is the percentage of the property’s value that a lender will finance. Most lenders in Dubai provide up to 80% financing based on the appraised property value. If the valuation is lower than anticipated, NRIs might have to increase their down payment or accept a smaller loan.

3. How to Ensure Accurate Valuation
NRIs should hire certified valuers to ensure that valuations are accurate and reflect the current market conditions. Additionally, valuing the property before mortgage application can prevent last-minute disappointments.

Conclusion
Property valuation is a critical step for NRIs applying for Dubai mortgages. Accurate valuations ensure that financing aligns with the property’s market value, making the mortgage process smoother and helping NRIs secure fair and adequate funding.

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