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IFRS Fair Value Measurement · Dubai, UAE & GCC · CFA-Led · Big 4 Auditor Accepted

IFRS Valuation & Fair Value Measurement
in Dubai & UAE

Independent IFRS fair value measurement and valuation services for UAE entities reporting under IFRS. Covering IFRS 13, IFRS 3 PPA, IAS 36 impairment, IAS 38 intangibles, IFRS 9, and IAS 40. Accepted by Big 4 and mid-tier auditors. CFA-led. Fixed fee.

IFRS 13 / IFRS 3 / IAS 36 / IAS 38 Compliant
Big 4 Auditor Accepted
CFA Charterholder-Led
DIFC & ADGM Entity Experience
IFRS 13 Fair Value IFRS 3 PPA IAS 36 Impairment IAS 38 Intangibles IFRS 9 Instruments IAS 40 Investment Property Level 3 Valuation
Get a Fixed-Fee Proposal All Valuation Services

· Corvian Advisory FZ-LLC, Dubai, UAE

AED 15K+
Starting fixed fee
2–4 Wks
Typical delivery
Big 4
Auditor accepted
CFA-Led
Principal-led delivery
IFRS Standards We Cover

IFRS Standards Requiring Independent Valuation

Multiple IFRS standards require fair value measurement — and auditors in the UAE routinely require independent specialist support for Level 3 inputs. Here are the standards we cover most frequently for UAE entities.

IFRS 13

Fair Value Measurement

The overarching framework for fair value measurement under IFRS. Defines fair value, establishes the three-level hierarchy (Level 1 to Level 3), and sets out disclosure requirements. All other IFRS fair value measurements must comply with IFRS 13.

IFRS 3

Business Combinations (PPA)

After an acquisition, all identifiable assets and liabilities (including intangibles) must be measured at fair value at the acquisition date. Our IFRS 3 PPA work identifies brands, customer relationships, technology, non-competes, and order backlog — valued independently for audit.

IAS 36

Impairment of Assets

Annual goodwill impairment testing and trigger-based impairment of tangible and intangible assets. We determine the recoverable amount (higher of value-in-use and fair value less costs to sell) for individual assets and cash-generating units (CGUs).

IAS 38

Intangible Assets

Fair value measurement for intangible assets under the revaluation model, and assessment of useful economic life for amortisation purposes. Covers brands, trademarks, patents, software, and customer-related intangibles acquired in business combinations.

IAS 40

Investment Property

For UAE entities using the fair value model under IAS 40 (common in Dubai real estate companies), we provide annual independent fair value assessments of investment properties — coordinating with RICS-qualified property valuers where required.

IFRS 9

Financial Instruments

Fair value measurement of financial instruments classified at FVTPL or FVOCI under IFRS 9 — including unlisted equity instruments, derivatives, convertible notes, and complex debt instruments. Level 3 inputs require independent specialist support for audit.

IFRS 13 Fair Value Hierarchy

The Three-Level Fair Value Hierarchy

IFRS 13 requires entities to classify fair value measurements using a three-level hierarchy based on the observability of the inputs used. Most UAE private company assets that require valuation fall into Level 3 — requiring an independent specialist.

Level 1

Quoted Prices in Active Markets

Prices for identical assets or liabilities in active markets — e.g., listed equity shares, exchange-traded derivatives. No specialist is typically needed for Level 1 inputs. Relevant for UAE entities holding listed securities.

Level 2

Observable Inputs (Non-Level 1)

Inputs other than quoted prices that are observable — e.g., yield curves, credit spreads, comparable transaction prices for similar (not identical) assets. Real estate valuations using comparable sales may be Level 2. Specialist may still be required.

Level 3

Unobservable Inputs

Inputs that cannot be observed in the market and require the entity's (or specialist's) own assumptions — e.g., DCF models for private companies, brand valuations, goodwill impairment testing, convertible note valuation. All UAE private company business valuations for IFRS purposes are Level 3. Auditors will require independent specialist support.

Frequently Asked Questions

IFRS Valuation FAQs

IFRS 13 defines fair value as the price that would be received to sell an asset (or paid to transfer a liability) in an orderly transaction between market participants at the measurement date. It applies whenever another IFRS standard requires fair value. Common triggers for UAE entities: business combinations (IFRS 3), goodwill impairment (IAS 36), intangible asset revaluation (IAS 38), investment property (IAS 40), financial instruments (IFRS 9), and share-based payment (IFRS 2).
IFRS 13 establishes three levels: Level 1 uses quoted prices in active markets for identical assets. Level 2 uses observable inputs other than Level 1 prices. Level 3 uses unobservable inputs requiring management assumptions. Most UAE private company assets requiring fair value measurement are Level 3 — requiring an independent specialist valuation with documented assumptions that auditors can review and challenge.
IFRS 3 requires the acquirer after completing an acquisition to: identify all separately identifiable acquired intangible assets, measure them at fair value at the acquisition date, and recognise any residual as goodwill. Common intangibles in UAE acquisitions include customer relationships, trade names and brands, technology, non-compete agreements, and favourable contracts. Corvian Advisory provides IFRS 3 PPA valuations for all identified intangibles — coordinating directly with the Big 4 or mid-tier audit firm.
Yes, in most significant cases. UAE entities reporting under IFRS require independent valuations for business combinations (IFRS 3), annual goodwill impairment testing (IAS 36), intangible asset revaluation (IAS 38), investment property fair value (IAS 40 where the fair value model is adopted), and complex financial instruments (IFRS 9). Big 4 and mid-tier audit firms in the UAE will require an independent specialist to support Level 3 fair value measurements as part of their audit procedures.
IFRS valuation engagements at Corvian Advisory start from AED 15,000 for focused single-asset fair value measurements. IFRS 3 PPA engagements covering multiple intangibles typically range from AED 25,000 to AED 80,000 depending on the number of assets and complexity. IAS 36 goodwill impairment testing starts from AED 15,000 per CGU. All fees are fixed and agreed before engagement begins.

Need an Independent IFRS Valuation in UAE?

IFRS 13, IFRS 3, IAS 36, IAS 38, and IFRS 9 compliant valuations accepted by Big 4 auditors in the UAE. CFA-led. Fixed fee. Delivered in 2–4 weeks.

Get a Fixed-Fee Proposal All Valuation Services