Precise IVS and IAS 16 compliant plant and machinery valuation across UAE and GCC, for IFRS reporting, bank financing, insurance, M&A, and liquidation. Physical asset verification, barcode and RFID asset tagging, and inventory management. Fixed fee. Fast turnaround. CFA-led. We hold a Dubai mainland valuation licence that covers tangible asset valuation, including plant and machinery, alongside intangible and property valuation.
Last updated: September 2026
We cover the full tangible asset lifecycle, from fair value determination and physical inspection to barcode tagging and inventory reconciliation.
Independent IVS and IAS 16 compliant valuation of manufacturing plant, processing equipment, construction machinery, and industrial assets, determining fair value, DRC, and insurance reinstatement value.
We physically inspect and confirm every asset recorded in your fixed asset register. Ghost assets, unrecorded additions, and misclassified assets are identified and reconciled.
We assign unique identification codes to each physical asset using durable barcode labels, QR code labels, or RFID tags, linked to a complete asset record.
Physical inventory count, verification, and tagging of raw materials, work-in-progress, and finished goods, reconciled against your ERP or inventory records.
Most UAE businesses encounter multiple valuation triggers simultaneously. We handle all purposes in a single engagement.
Companies using the revaluation model under IAS 16 must periodically engage an independent qualified valuer, coordinating directly with Big 4 or mid-tier auditors.
UAE and GCC banks require independent valuation of machinery offered as collateral, market value, forced sale value, and net realisable value.
We determine the full reinstatement value of your plant and machinery to ensure your insurance coverage is adequate and premiums correctly calculated.
Buyers and sellers need an independent view of fair value of tangible assets for purchase price allocation, net asset value confirmation, and vendor due diligence.
Disputes and settlements call for an independent, well-documented view of asset value. We provide it, with full methodology disclosure.
Liquidators, receivers, and creditors need rapid, credible valuations. We provide orderly liquidation value and forced sale value on accelerated timelines.
We cover the full range of tangible operating assets across all UAE industrial and commercial sectors.
Production lines, assembly systems, CNC machines, stamping and forming equipment, extrusion lines, mixing systems, reactors, kilns, and furnaces.
Cranes, excavators, bulldozers, graders, compactors, concrete mixing plants, asphalt plants, piling rigs, pumps, generators, and heavy vehicles.
Transformers, switchgear, HVAC systems, compressors, pumping systems, power generation equipment, UPS systems, and utility infrastructure.
Servers, networking infrastructure, telecom equipment, security systems, and specialised IT hardware, valued on a DRC basis.
Forklifts, racking systems, conveyors, automated storage systems, weighbridges, vehicles, trailers, and warehouse handling equipment.
Diagnostic imaging, surgical equipment, laboratory instruments, and specialised medical technology for hospitals, clinics, and diagnostic centres.
Our P&M valuation and asset services are designed for institutions and businesses with compliance, regulatory, or transactional requirements.
Commercial banks, Islamic banks, development banks, and private lenders requiring collateral valuations for new facilities, annual reviews, and credit monitoring.
UAE and GCC manufacturers requiring IAS 16 valuations for IFRS reporting, insurance assessments, and pre-M&A valuations.
UAE and international insurers requiring reinstatement value assessments for policy underwriting and renewal.
Insolvency practitioners, receivers and creditors requiring independent valuations on accelerated timelines.
Audit firms engaging Corvian as an independent specialist valuer to support IFRS reporting, PPA, and impairment testing.
Government-linked entities and SOEs requiring asset verification, revaluation, and tagging as part of IFRS adoption or privatisation.
Clear scope, fixed fee, and agreed timeline before we begin. No surprises.
We discuss asset types, quantity, purpose, and timeline. Fixed fee agreed and engagement letter signed before any work begins.
Our valuer visits your facility, physically inspects all assets, records condition, specifications, and age. Tags applied during the visit.
DRC, market value, or insurance reinstatement value calculated using current market data and IVS methodology. FAR reconciliation completed.
IVS and IAS 16 compliant report delivered in PDF and editable format, with asset register in Excel.
No hourly billing. No surprises. All fees confirmed in your engagement letter.
Single facility, up to 200 assets. IAS 16, insurance, or bank financing.
Combined FAR reconciliation, physical verification, valuation, and asset tagging. Up to 500 assets.
Multi-facility, 500+ assets, complex industrial plant, or GCC-wide engagement.
We engaged Corvian for a full plant and machinery valuation for our IAS 16 revaluation. They covered our entire Dubai facility in 3 days, delivered a comprehensive report, and our Big 4 auditors reviewed it without comment.
Corvian ran a full asset verification and barcode tagging exercise across our two UAE plants. They reconciled over 1,400 assets against our fixed asset register and cleaned up 8 years of unrecorded additions.
We use Corvian for machinery collateral valuations on our industrial lending book. Their reports are thorough, well-structured, and our credit committee has never had to send one back for clarification.