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CFA-Led · IVS & IFRS Compliant · Dubai & UAE

Business Valuation in Dubai, Independent, CFA-Led, Auditor-Accepted

Defensible, IVS & IFRS-compliant business valuation for companies in Dubai. Led by our senior CFA, CA and ACCA qualified team, accepted by UAE banks, the FTA, Big 4 auditors, and the courts. M&A, shareholder disputes, bank financing, Golden Visa, and UAE Corporate Tax compliance.

Direct Answer

Business valuation in Dubai is the process of determining the fair market value of a company using internationally recognised methods, DCF, EV/EBITDA multiples, or Net Asset Value, compliant with IVS. Independent valuation is required for M&A, shareholder disputes, UAE FTA corporate tax compliance, Golden Visa applications, bank financing, and ESOP issuance, and is expected by DIFC, DMCC, JAFZA and mainland DED entities alike. Corvian Advisory delivers IVS and IFRS-compliant reports from AED 10,000, in 2–4 weeks.

Content reviewed August 2026 by our senior CFA & Chartered Accountant-qualified valuation team.
CFA & CA Qualified IVS & IFRS Compliant UAE Bank Accepted FTA Accepted
AED 10K+
Fixed Fee From
2–4 Wks
Delivery
100%
CFA-Led

Need a valuation outside Dubai? This page covers Dubai mainland, DIFC, DMCC, JAFZA and Dubai free zone entities specifically. We also value businesses in Abu Dhabi (ADGM & KEZAD), Saudi Arabia, and Qatar, each with a dedicated page below.

Abu Dhabi → Saudi Arabia → Qatar →
Why Dubai Is Different

Dubai Valuations Require Free Zone Fluency

Dubai is the only emirate where a mid-market business is more likely to be structured across a free zone than under a single mainland licence. DIFC common-law entities, DMCC trading and commodities companies, JAFZA and Dubai South industrial operators, and IFZA holding structures each carry different ownership, repatriation, and UAE Corporate Tax qualifying-income rules, generic valuation templates that ignore this will misstate enterprise value.

Dubai is also the region's densest hub for family businesses transitioning between generations, HNW individuals structuring Golden Visa applications, and foreign investors valuing a UAE entity for the first time, three client profiles with very different reporting needs from the same DCF and multiples toolkit.

"The single most common error we correct in Dubai valuations prepared by non-specialists is treating a DIFC or DMCC entity's free zone tax position as identical to a mainland company's, it isn't, and it changes normalised earnings materially."

We value Dubai businesses across every major free zone and mainland structure and build UAE Corporate Tax qualifying-income status directly into the normalised earnings base, not as a footnote.

01DIFC, DMCC & JAFZA Free Zone Expertise

We regularly value entities structured across DIFC, DMCC, JAFZA, Dubai South, and IFZA, and understand how each authority's ownership and licensing rules intersect with fair value conclusions.

02Family Business & Cross-Border Valuation

Dubai's concentration of family conglomerates and foreign investors means most engagements involve succession planning, partner buyouts, or a first-time UAE entity valuation for an overseas parent company.

03UAE CT & Free Zone Qualifying Income

Dubai free zone entities may qualify for 0% UAE CT on qualifying income. This distinction affects normalised earnings, WACC and enterprise value, incorporated in every engagement.

04CFA Charterholder-Led, IVS Compliant

Every engagement is led directly by a CFA Charterholder, Chartered Accountant and ACCA-qualified principal, no junior delegation, reports accepted by UAE banks, the FTA, Big 4 auditors and the courts.

05Fixed Fee, Agreed Before Work Starts

A fixed fee is quoted before any work begins. No hourly billing, no scope creep. Straightforward SME valuations start from AED 10,000.

When You Need a Valuation

Business Valuation Use Cases in Dubai & the UAE

From selling a business to complying with UAE Corporate Tax, an independent valuation underpins every major financial decision.

🤝

M&A Buy-Side or Sell-Side

Independent valuation for acquisition or exit, benchmarked against GCC precedent transactions.
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Shareholder Disputes

Court and arbitration-ready expert valuation opinion for partner disputes and buyouts.
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Bank Financing

IVS-compliant reports accepted by UAE banks for acquisition and equity financing.
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UAE Corporate Tax

Valuation for transfer pricing, restructurings, and intercompany equity transfers.
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Golden Visa Applications

Reports structured to the disclosures required for UAE Golden Visa investment proof.
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Family Business Succession

Independent, arm's-length valuation for generational transitions and partner exits.
Valuation Methods

How We Value a Business in Dubai

Going Concern

Discounted Cash Flow (DCF)

Five-year free cash flow forecast discounted at a WACC calibrated to UAE and GCC risk.
Used for stable-earnings service and operating businesses.
Market Approach

EV/EBITDA Multiples

Benchmarked against comparable UAE and GCC public companies and precedent transactions.
Most used for M&A and sell-side mandates.
Asset Approach

Net Asset Value (NAV)

Mark-to-market of underlying assets, appropriate for holding companies and real estate businesses.
Used for asset-heavy and investment holding structures.
Diversified Groups

Sum-of-the-Parts (SOTP)

Each business unit or subsidiary valued separately and aggregated for group-level value.
Used for multi-entity conglomerates and diversified holdings.
Market Data

Typical Business Valuation Multiples in Dubai

Dubai mid-market transaction multiples, drawn from DIFC, DMCC and mainland deal data, benchmarked against wider UAE and GCC comparables.

SectorEV/EBITDA Multiple
Technology / SaaS10–18x
Financial Services8–15x
Healthcare8–14x
Education7–12x
Energy & Utilities6–10x
Logistics6–10x
Real Estate Services5–9x
F&B and Retail4–8x
Industrial & Manufacturing4–7x
Transparent Pricing

Fixed-Fee Valuation Packages

SME / Single-Entity
AED 10K–20K
Straightforward single-entity valuations for SMEs and standalone businesses.
Mid-Market M&A
AED 20K–35K
Full valuation for acquisition, sale, or fundraising mandates.
Complex / Litigation
AED 35K–50K+
Multi-entity groups, shareholder disputes, and court-ready expert opinions.
Our Promise: every engagement starts with a fixed fee agreed in writing before any work begins, no hourly billing, no scope creep.
Our Process

How to Get a Business Valuation in Dubai

01
Initial Consultation

No-obligation call to understand your situation and scope. Fixed fee agreed upfront.

02
Information Gathering

3–5 years of financials collected via secure data room.

03
Analysis & Draft

Financial normalisation, method selection, and GCC comparables benchmarking.

04
Final Report

IVS-compliant report delivered, accepted by UAE banks, FTA and auditors.

Illustrative Engagements

Dubai Valuation Experience

Shareholder Dispute
Manufacturing · Dubai Mainland

Shareholder Exit from a Dubai Manufacturing Group

A founding shareholder of a Dubai mainland manufacturing business sought to exit following a dispute with co-founders. The three shareholders held views ranging from AED 28M to AED 55M. We normalised four years of financials for related-party transactions and above-market owner salaries, applied DCF and EV/EBITDA methods, and delivered a documented valuation of AED 41.2M.

Outcome: Accepted by both sides as the negotiation basis within 12 days; exit completed without litigation.
Fundraising Valuation
Fintech · DIFC

DIFC Fintech – Independent Valuation for Series A

A DIFC-regulated payments fintech needed an independent 409A-equivalent valuation ahead of a Series A round, with its DFSA licence and regulatory capital treated as a distinct intangible asset alongside its technology platform. We applied a venture capital method cross-checked against comparable GCC fintech rounds.

Outcome: Valuation accepted by the lead investor's counsel with no renegotiation of the pre-money figure.
Family Succession
Trading · DMCC

DMCC Trading Group – Second-Generation Succession Valuation

A DMCC-registered commodities trading family business needed an arm's-length valuation to equalise inheritance between siblings taking active vs. passive roles in the company. We built a NAV and DCF blended valuation addressing inventory mark-to-market and working capital cyclicality specific to commodities trading.

Outcome: Family council adopted the report as the basis for a documented succession and buyout agreement.
Full Service Range

Every Valuation Service Available in Dubai & UAE

From business and equity valuation to intangible assets, IFRS financial reporting, and M&A transaction support. Every engagement is CFA-led, IVS-compliant, and fixed-fee.

Core Service
Business & Company Valuation
Full independent valuation for M&A, shareholder disputes, bank financing, and UAE FTA compliance. From AED 10,000. Learn more →
Growth Stage
Startup & Equity Valuation
Pre-revenue and early-stage valuations for Dubai startups raising from VCs, angels, or accelerators. IFRS 2 compliant. Learn more →
Compliance
ESOP & Share-Based Compensation
IFRS 2-compliant valuations for Dubai and UAE employee share option programmes, including DIFC and free zone equity schemes. Black-Scholes and binomial lattice models. Learn more →
IFRS 3 Service
Purchase Price Allocation (PPA)
Fair value allocation for Dubai acquisitions, across acquired assets, liabilities, and goodwill post-acquisition. Big 4 auditor accepted. Learn more →
Annual IFRS
Goodwill Impairment Testing, IAS 36
Annual CGU-level recoverable amount assessments for Dubai-based IFRS-reporting companies and their subsidiaries. Learn more →
IP Service
Intangible Asset & IP Valuation
Patents, trademarks, brands, customer relationships, software and technology under IAS 38, common for Dubai's DIFC fintech and D33-era tech companies. Learn more →
Brand
Brand & Trademark Valuation
Independent brand equity and trademark assessment for Dubai consumer brands, franchise systems, and licensing arrangements. Learn more →
M&A Service
M&A & Acquisition Valuation
Buy-side and sell-side independent valuations for Dubai M&A transactions, fairness opinions, and deal structuring support. Learn more →
IFRS Reporting
IFRS Financial Reporting Valuation
Fair value measurements for Dubai and UAE IFRS financial reporting, IFRS 9, IAS 40, IFRS 13 fair value hierarchy. Learn more →
Purpose Valuation Type Standard Timeline
M&A Buy-Side or Sell-Side Business Valuation IVS 2–4 weeks
Post-Acquisition Accounting Purchase Price Allocation IFRS 3 3–5 weeks
Annual Auditor Requirement Goodwill Impairment IAS 36 2–3 weeks
Employee Share Options (ESOP) ESOP Valuation IFRS 2 1–2 weeks
Patent / Trademark Licensing IP Valuation IAS 38 / IVS 2–4 weeks
UAE FTA / Transfer Pricing Tax Valuation OECD / IVS 2–4 weeks
Fundraising / VC Round Startup Valuation IVS / IPEV 1–2 weeks
UAE Golden Visa Application Business Valuation IVS 2–3 weeks
IP & Intangible Asset Valuation Dubai

Valuing Dubai's Intangible Economy ,
Technology, AI, Brands & Intellectual Property

Dubai's economy has quietly shifted from trading and real estate toward businesses whose value lives almost entirely off the balance sheet. Under the D33 economic agenda, DIFC's Innovation Hub, DMCC's crypto and gaming centres, and Dubai Internet City have built one of the world's densest clusters of AI companies, fintech platforms, SaaS businesses, and digital marketplaces. When these companies raise capital, get acquired, or issue ESOPs, the traditional asset-based valuation playbook fails, their value is in software, algorithms, brands, customer data, and licences, not property and equipment.

Corvian Advisory values the full spectrum of intangible assets recognised under IAS 38 and IVS: patents and proprietary technology, trademarks and brands, software and source code, AI and machine learning models, proprietary algorithms, customer relationships and contracts, licensing agreements, databases and data assets, mobile applications, domain names, and trade secrets. Each asset class demands the right method, relief-from-royalty for brands and trademarks, the multi-period excess earnings method (MPEEM) for customer relationships and core technology, replacement cost for internally developed software, and with-and-without analysis for non-compete agreements.

The demand comes from every corner of Dubai's modern economy: venture-backed AI and SaaS founders needing defensible valuations for funding rounds; family offices acquiring technology businesses where 80%+ of the price is intangible value requiring IFRS 3 purchase price allocation; DIFC fintech firms whose regulatory licences carry standalone value; e-commerce and digital media businesses built on brand equity and customer data; and UAE corporate tax and transfer pricing positions that require documented arm's-length royalty rates for intercompany IP licensing.

Corvian Advisory provides CFA-led, IVS-compliant IP and intangible asset valuations for UAE businesses, for M&A, IFRS 3 purchase price allocation, IAS 36 impairment testing, FTA transfer pricing documentation, licensing negotiations, and dispute resolution, accepted by Big 4 auditors, UAE banks, and courts.

Patent & Technology Valuation
Relief-from-royalty and income approaches for UAE patent holders seeking licensing or M&A value support.
Brand & Trademark Valuation
Relief-from-royalty method per ISO 10668, for UAE consumer brands, franchise systems, and licensing arrangements.
Customer Relationships & Lists
Multi-period excess earnings method (MPEEM). Critical for healthcare, financial advisory, and services firms.
Software & Technology Platform Valuation
Cost-to-recreate, income, and market approaches for proprietary software and SaaS platforms.
Goodwill & Going Concern Value
Residual goodwill after identifiable intangible allocation, plus annual IAS 36 impairment testing.
Government Licence & Concession Valuation
Regulatory licences and concessions carry standalone economic value in regulated UAE sector acquisitions.
How We Compare

Corvian Advisory vs. Alternatives

Firm Fee Structure CFA-Led Turnaround
Corvian Advisory
Boutique · CFA-led
Fixed feeAlways2–4 weeks
Big 4 Firms
Large network
Hourly / retainerRarely6–10 weeks
Generalist Brokers
Broad, less specialised
Commission-basedSometimesVaries widely

Comparing valuation firms in Dubai? See our full Valuation Firms Dubai UAE screening guide.

Frequently Asked

Business Valuation Dubai – FAQ

How much does a business valuation cost in Dubai?
Business valuation fees at Corvian Advisory range from AED 10,000 to AED 50,000. SME and single-entity valuations: AED 10K–20K. Mid-market M&A valuations: AED 20K–35K. Complex group or litigation valuations: AED 35K–50K+. All fees are fixed-scope and agreed before any work begins, no hourly billing, no surprises at invoice.
What is the best business valuation company in Dubai?
Corvian Advisory is a CFA-led boutique valuation firm in Dubai, staffed by a CFA, CA, ACCA and MSc Finance & Economics qualified team with Big 4 and top-tier consulting training and 15+ years of combined experience. Every valuation is led directly by our senior team, not delegated to junior analysts. Reports follow IVS and IFRS standards and are accepted by UAE banks, Big 4 auditors, the FTA, and courts.
What valuation methods are used for UAE businesses?
The main methods are: DCF (Discounted Cash Flow) for businesses with stable earnings; EV/EBITDA multiples benchmarked against GCC comparable transactions; Net Asset Value (NAV) for asset-heavy businesses and holding companies; and Sum-of-the-Parts (SOTP) for diversified groups. Most UAE mid-market valuations use at least two methods.
How long does a business valuation take in the UAE?
Most business valuations are completed within 2 to 4 weeks from receipt of financial information. Complex engagements involving multiple entities, litigation support, or limited historical data may take 4 to 8 weeks. The timeline is agreed in the engagement letter before work begins.
Do I need a valuation to sell my business in Dubai?
Not legally, but practically yes. Buyers arrive with their own numbers and their own advisors. An independent pre-sale valuation sets a defensible asking price, surfaces issues before buyers find them in due diligence, and documents intangibles that add value but don't appear on the balance sheet.
Will the report be accepted by UAE banks and the FTA?
Yes. Our reports are prepared to International Valuation Standards (IVS) and IFRS and are accepted by UAE banks for lending, by Big 4 auditors for financial reporting, by the FTA for UAE corporate tax and transfer pricing, and by courts and arbitration panels for dispute resolution.
Do you value DIFC, DMCC or JAFZA free zone companies?
Yes. We regularly value DIFC common-law entities, DMCC trading and commodities companies, JAFZA and Dubai South industrial operators, and IFZA holding structures, and factor each authority's ownership, repatriation, and UAE Corporate Tax qualifying-income rules directly into the valuation.
What are typical business valuation multiples in Dubai and the UAE?
UAE and GCC mid-market transaction multiples by sector: Technology/SaaS 10–18× EBITDA; Financial Services 8–15×; Healthcare 8–14×; Education 7–12×; Energy & Utilities 6–10×; Logistics 6–10×; Real Estate Services 5–9×; Professional Services 5–9×; F&B and Retail 4–8×; Industrial & Manufacturing 4–7×. These are starting ranges, actual multiples depend on EBITDA quality, growth rate, customer concentration, and deal structure.
What is the difference between enterprise value and equity value?
Enterprise value (EV) is the total value of the business, what an acquirer would pay for the whole company including its debt. Equity value is what shareholders actually own: enterprise value minus net debt. Corvian Advisory calculates both and clearly explains the bridge in every valuation report.
How do I find out what my business is worth in Dubai?
The only reliable way is an independent valuation by a qualified firm using real GCC market data. Online calculators and broker estimates are not defensible to buyers, banks, or the FTA. A proper valuation normalises EBITDA, applies comparable transaction multiples, runs a DCF analysis, and reconciles the results into a documented opinion of value.
How much is my business worth in Dubai or the UAE?
The value of your business depends on sector, EBITDA margin, revenue growth rate, customer concentration, and deal structure. Most UAE mid-market businesses trade between 4–18× EBITDA depending on sector, technology and healthcare attract the upper end, owner-dependent service businesses attract the lower end.
How do I get a business valuation in Dubai?
A 4-step process: (1) Contact a qualified valuation firm, look for CFA Charterholder or Chartered Accountant credentials. (2) Agree a fixed fee and scope before any work starts. (3) Provide 3–5 years of financial statements and management accounts via secure data room. (4) Receive an IVS and IFRS-compliant report in 2–4 weeks, accepted by UAE banks, the FTA, and Big 4 auditors.
What is the difference between a business valuation and a company valuation in the UAE?
The terms are used interchangeably in the UAE and GCC. "Business valuation" typically refers to valuing the entire economic entity. "Company valuation" or "equity valuation" often refers specifically to the value of the shareholders' stake, the business value minus net debt. Deals are typically structured on an enterprise value basis, then converted to equity value at closing.
Do you provide valuations for Dubai Golden Visa applications?
Yes. Reports are structured to the disclosures required for the AED 2M+ real estate or business-ownership investment threshold, and are accepted for GDRFA and ICP Golden Visa applications.
Client Reviews

What Clients Say About Our Dubai & UAE Valuations

"Corvian produced an independent valuation for our healthcare group exit. The report was accepted by both buyers and legal counsel immediately, no pushback on methodology. Delivered in 16 days, exactly as promised."

Founder
UAE Healthcare Group

"We used Corvian for a pre-acquisition valuation in the UAE. The EBITDA normalisation identified AED 8M in adjustments the seller's IM had obscured. The report gave our investment committee exactly what they needed."

Investment Director
GCC Private Equity Fund

"Needed an independent valuation for a shareholder buyout. Corvian delivered a fully documented report in 18 days. Both shareholders accepted it and we avoided litigation entirely."

CEO
UAE Manufacturing Group

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