Insurance Reinstatement Cost Valuation

Know what it would cost to rebuild, so your sum insured is neither short nor excessive.

Surveyors reviewing building drawings for a reinstatement cost assessment

The Right Sum Insured for Your Building

A reinstatement cost assessment estimates the full cost of rebuilding a property to its current specification after a total loss. It is a different figure from market value: the land is left out, while demolition, site clearance and professional fees are included.

Insurers base cover on this figure. Set it too low and a claim can be reduced; set it too high and you pay premiums for cover you can never use.

What the Assessment Includes

Every cost of putting the building back as it was, and nothing that is not insured.

01Rebuilding the StructureFrame, envelope, finishes and fittings to the current specification.
02Demolition and ClearanceRemoving debris and making the site safe before rebuilding.
03Professional FeesDesign, engineering and project management for the rebuild.
04Authority and Permit FeesApprovals, inspections and utility reconnections.
05External WorksCar parks, boundary walls and landscaping, where insured.
06Cost InflationAn allowance for rising costs across the policy and rebuild period.

How It Works

A clear figure, with its basis and exclusions stated.

Scope and Documents

We confirm the buildings to be covered and review plans, areas and specifications.

Site Inspection

Our surveyors record the construction, finishes, building services and external works.

Cost Assessment

Rebuild costs are built up from current UAE construction rates and benchmarks.

Report

The reinstatement figure, its basis, the exclusions and a recommended review date.

Who It Is For

01Building Owners and LandlordsSingle buildings and whole portfolios.
02Owners' AssociationsJointly owned residential and mixed-use towers.
03Hotels, Malls and OfficesOperational assets with complex building services.
04Industrial and LogisticsWarehouses, factories and specialist facilities.

Why Choose Reliant Surveyors

An independent, evidence-based figure your insurer and your board can rely on.

RICS Regulated

Assessments prepared by RICS-regulated surveyors, independent of insurers and brokers.

Cost Expertise

Surveyors and cost specialists working from current UAE construction rates.

Every Asset Type

From villas and towers to hotels, malls, warehouses and industrial sites.

Since 1977

Nearly five decades of property and building expertise across the UAE.

Request a Reinstatement Cost Assessment

Tell us about the building and your policy renewal date; we will confirm the scope, timing and fee.

Phone: +971 4 255 4683
Email: [email protected]
Location: 806, Capital Golden Tower, Business Bay, Dubai, U.A.E

Request an Assessment

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Frequently Asked Questions

Market value is the price a property would sell for, including the land. Reinstatement cost is what it would cost to rebuild the building to its current specification, excluding the land but including demolition, site clearance and professional fees. The two figures can differ widely.

Good practice is a full assessment every three years, with an update for construction cost inflation each year in between. A fresh assessment is also advisable after an extension, a refurbishment or a change of use.

Most property policies contain an average clause. If the sum insured is lower than the true reinstatement cost, a claim can be reduced in proportion to the shortfall, even when the damage is only partial.

Yes. In jointly owned buildings the owners' association usually insures the building, and the insurer will look for a sum insured based on its reinstatement cost. We can assess the whole building or the parts the policy covers.

Floor plans or as-built drawings, built-up areas, the age and specification of the building, and details of the current policy. We confirm the full list when you instruct us.

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