Since 1999, First Jordanian Real Estate has advised banks, international organisations, government bodies and private investors on the value of property in Jordan. Our work is carried out in accordance with the International Valuation Standards (IVS) and Jordanian regulatory requirements and valuation framework.

01 — Valuation Services

Defensible, evidence-based opinions of value for lending, reporting, transactions and disputes, across every property class in the Kingdom.

• Secured Lending & Mortgage Valuations
  Market Value assessments for loan origination, refinancing and collateral review, prepared to the requirements of the lending banks on whose panels we serve.
• Acquisition & Disposal Valuations
  Independent valuations that support purchase, sale and acquisition decisions, giving buyers and sellers a clear and supportable basis for negotiation.
• Financial Reporting Valuations
  Fair value assessments for financial statements under IFRS 13, IAS 16 and IAS 40, prepared to the standard expected by auditors.
• Portfolio & Multi-Asset Valuations
  Consistent valuation of large or geographically dispersed portfolios under a single methodology, delivered to fixed reporting timetables.
• Periodic Revaluations
  Scheduled annual or semi-annual revaluations that keep fund, bank and corporate balance sheets current and audit-ready.
• Rental Valuations & Lease Reviews
  Market rent assessments for rent reviews, lease renewals and new lettings, supported by current comparable evidence.
• Development Land & Residual Valuations
  Valuation of development land and schemes using the residual method, testing achievable value against build costs, finance and developer's return.
• Hotel & Hospitality Valuations
  Valuation of hotels, serviced apartments and trade-related property using the profits method and discounted cash flow analysis.
• Commercial Property Valuations
  Valuation of office, retail, industrial and logistics assets, reflecting tenancy, covenant strength and income security.
• Residential Valuations
  Valuation of villas, apartments, residential buildings and compounds, from single units to whole developments.
• Agricultural Land & Farm Valuations
  Valuation of agricultural land, farms and rural holdings, taking account of water rights, access, land classification and planning potential.
• Specialised Property Valuations
  Valuation of schools, hospitals, fuel stations, warehouses and other specialised assets, using cost-based and income-based approaches where market evidence is limited.
• Infrastructure Valuations
  Valuation of infrastructure and public-use assets, including airports, utilities, energy, telecommunications and transport facilities, using depreciated replacement cost and income-based approaches.
• Insurance Reinstatement Cost Assessments
  Assessments of the full cost of rebuilding a property, so that it is neither under-insured nor over-insured.
• Inheritance & Estate Partition Valuations
  Impartial valuations to support inheritance, estate partition and family settlements, giving all parties a common, independent basis.
• Litigation & Dispute Valuations
  Valuations prepared for court proceedings and disputes, written to withstand cross-examination.
• Compulsory Acquisition Compensation
  Assessments of compensation due when land or property is expropriated for public use, for either the acquiring authority or the affected owner.
• Forced Sale & Distressed Asset Valuations
  Valuations for auction, enforcement and restricted-marketing scenarios, setting out both Market Value and realisable value under constraint.
• Corporate Transaction Valuations
  Property valuations supporting mergers, IPOs, capital contributions and in-kind share transfers.
• Desktop & Drive-By Valuations
  Rapid, lower-cost valuations for portfolio screening, monitoring and preliminary decisions, with the scope limits clearly stated.
• Retrospective Valuations
  Valuations as at a past date, for tax, legal, inheritance or accounting purposes, based on the market evidence available at that date.

02 — Chief Appraiser Services

Senior-level oversight, review and expert opinion, led by the holder of Jordan's first certified valuer licence.

• Valuation Review & Audit
  Desk and field reviews of third-party valuation reports, testing methodology, evidence and conclusions.
• Second-Opinion Valuations
  Independent second opinions where a value is contested, unusually high or low, or critical to a major decision.
• Quality Assurance & Report Sign-Off
  Final technical review and sign-off of valuation reports, so that every report meets the firm's standards before it is issued.
• Valuation Panel Management
  Design, management and oversight of valuer panels for banks and institutions, covering appointment criteria, instruction, performance monitoring and reporting standards.
• Methodology & Policy Design
  Development of valuation methodologies, policies and internal manuals, tailored to an institution's portfolio and regulatory obligations.
• Standards Compliance Review
  Review of valuation reports and processes against the International Valuation Standards, the RICS Red Book, USPAP and Jordanian requirements.
• Expert Witness & Court-Appointed Reports
  Expert testimony and court-appointed expert reports on property value, prepared to the evidential standard the court requires.
• Arbitration & Dispute Resolution Support
  Valuation evidence and technical support in arbitration, mediation and negotiated settlements.
• Team Supervision, Training & Mentoring
  Supervision and structured training of valuation teams, raising technical capacity and consistency of judgement.
• Lender Portfolio Risk Monitoring
  Portfolio-level monitoring of collateral values and risk concentrations, giving lenders early warning of value movements.

03 — Advisory & Consultancy

Market intelligence and investment analysis that turn property data into clear, actionable decisions.

• Market Studies & Commentary
  Market studies and commentary on supply, demand, pricing and yields across Jordan's key sub-markets.
• Highest and Best Use Analysis
  Analysis of the legally permissible, physically possible and financially feasible uses of a site or building, identifying the use that produces the highest value.
• Feasibility Studies
  Market and financial feasibility studies covering demand, pricing, development costs, cash flow and returns, so that projects are tested before capital is committed.
• Investment Appraisal & DCF Modelling
  Investment appraisals and discounted cash flow models that test returns, risk and sensitivity before capital is committed.
• Acquisition Advisory & Due Diligence
  Buy-side advisory and property due diligence, from target screening and site analysis to valuation and strategy.
• Development Advisory
  Advice on project viability, phasing, product mix and pricing, from concept through to delivery.
• Construction Monitoring & Drawdown Certification
  Independent monitoring of construction progress and certification of drawdown requests on behalf of lending banks.
• Lease Advisory
  Advice to landlords and tenants on lease structuring, rent reviews, renewals and lease restructuring.
• Asset & Portfolio Strategy
  Hold, sell and reposition strategies that improve the performance of individual assets and whole portfolios.

04 — Brokerage

A focused transaction service, offered mainly to clients we already serve through our valuation and advisory work.

• Sales & Leasing
  Marketing and transaction management for the sale and leasing of residential, commercial and land assets.
• Investor & Developer Introductions
  Introductions between landowners, investors and developers, for off-market opportunities and joint ventures.