Saudi Authority for Accredited Valuers

What Saudi Authority for Accredited Valuers does

Saudi Authority for Accredited Valuers (TAQEEM) is a government regulatory authority established by Royal Decree No. M/11 in 2011 that serves as the exclusive regulator of the valuation profession in Saudi Arabia. Headquartered in Riyadh, the authority accredits and licenses valuation professionals across five distinct sectors: real estate, business, machinery and equipment, vehicle damage assessment, and precious metals and gemstones. As of the latest disclosed data, TAQEEM oversees 2,188 accredited members and 454 licensed evaluation facilities, enforcing professional standards aligned with international evaluation criteria.

TAQEEM operates a portfolio of four digital platforms that form the technological backbone of its regulatory and service delivery model. Qaym is a marketplace platform connecting beneficiaries of valuation services with licensed valuation firms, primarily in the real-estate sector. Taqdeer is an integrated electronic system for managing vehicle damage assessment processes. The Marjea Platform provides users with reference vehicle pricing data. The E-services Portal enables evaluators to manage membership, facilities, and licenses. These platforms serve as the primary distribution channels for the authority's services within Saudi Arabia. Complementary to its platforms, TAQEEM Academy functions as the educational arm, having conducted 2,816 training courses serving 57,078 beneficiaries and developing educational curricula in valuation.

As a government state entity, TAQEEM operates as a public sector organization with no private shareholders or external investors, funded through government appropriation. The authority's stated mission emphasizes preserving rights, achieving justice among beneficiaries, enhancing market trust and transparency, and creating an attractive investment environment aligned with Saudi Vision 2030. The organization markets primarily through organic social channels (LinkedIn, Twitter/X, YouTube) and distributes services through its E-services Portal as a single-country, domestic-only channel. Revenue figures are not publicly disclosed, consistent with the entity's status as a government regulatory body operating under the Kingdom of Saudi Arabia's public sector governance framework.

Name

Saudi Authority for Accredited Valuers

Legal name

Saudi Authority for Accredited Valuers

Website

https://taqeem.gov.sa

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Saudi Authority for Accredited Valuers (TAQEEM) is a Saudi government regulatory authority that accredits and licenses valuation professionals across real estate, business, machinery, vehicle damage, and precious metals sectors, operating digital platforms to connect beneficiaries with licensed evaluators.

Ownership category

akta.pro rank

Product category

Professional Accreditation & Valuation Regulation Services

NAICS

Legal Services (5411)

SIC

Services-Testing Laboratories (8734), Services-Legal Services (8111)

akta.pro primary industry

Fairness Opinions & Solvency Opinions (BPAHANAN)

akta.pro secondary industries

Machinery, Equipment & Fixed Asset Appraisal (BPAHANAD), Insurance Replacement Cost & Damage/Loss Valuation (BPAJAKAL)

Keywords

• Valuation accreditation services
• Professional licensing authority
• Real estate valuation
• Vehicle damage assessment
• Professional training academy

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Core offering

TAQEEM is the government regulator of the valuation profession in Saudi Arabia, licensing valuation firms, accrediting practitioners, and enforcing international evaluation standards across real estate, business, machinery and equipment, vehicle damage, and precious metals sectors. It operates digital platforms including Qaym (valuation marketplace), Taqdeer (vehicle damage assessment), Marjea (vehicle pricing reference), and an E-services portal for membership and license management, alongside the Taqeem Academy for professional training.

Product overview

Saudi Authority for Accredited Valuers (Taqeem) is a government regulator of the valuation profession in Saudi Arabia operating as a platform-plus-services model. The organization offers a portfolio of interconnected digital platforms including Qaym (valuation marketplace connecting clients with licensed evaluators), Taqdeer (vehicle damage assessment management system), and the Marjea Platform (vehicle reference pricing). Taqeem Academy provides educational training and curriculum development for evaluators. The organization regulates and accredits professionals across five valuation sectors: real estate, business, machinery and equipment, vehicle damage assessment, and precious metals and gemstones. E-services portal enables membership management, license processing, and facility accreditation.

Differentiator

Problem solved

Functional benefit

Products and services

• Qaym Platform A digital marketplace platform that connects beneficiaries of valuation services electronically with licensed valuation firms in the real estate sector, enabling users to obtain reliable real estate valuations.
• Taqdeer System An online integrated system for managing, operating, and organizing vehicle damage assessment processes electronically, including repair cost estimation and pre/post-accident market value assessment.
• Marjea Platform A digital platform that enables users to obtain reference (indicative) prices for vehicles in the Saudi market.
• Taqeem Academy The educational body that conducts training courses and develops all educational curricula in valuation for TAQEEM, having delivered 2,816 training courses to 57,078 beneficiaries.
• Real Estate Valuation The art and science of estimating the value of real property rights for a specific purpose and at a specific time, considering all characteristics and features of the property and economic market factors.
• Business Valuation The act or process of determining the value of various business entities or interests according to a purpose and basis of value.
• Machinery and Equipment Valuation The act or process of determining the value of various machinery and equipment or interests according to a purpose and basis of value.
• Vehicle Damage Assessment Valuation The act or process of determining the value of repairing a vehicle including spare parts, or estimating the market value of the vehicle before and after an accident.
• Precious Metals and Gemstones Valuation A valuation sector concerned with estimating the value of precious metals and gemstones, and everything classified under these categories according to guides and standards.
• E-services Portal Electronic services portal allowing evaluators to create accounts, manage membership, facilities, and licenses, and for individuals to submit valuation requests and inquire about licensed valuation firms.

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Emerging players

• Edmunds: Vehicle pricing and information platform comparable to Marjea in providing reference pricing and valuation context for vehicles, though serving US consumers and dealers rather than a regulated national marketplace.
• Kelley Blue Book (Cox Automotive): Industry-standard vehicle reference pricing platform in North America. Directly comparable to TAQEEM's Marjea Platform in function (vehicle reference pricing), though operating commercially rather than as a regulator and serving a different geographic market.

Direct peers

• The Appraisal Institute: US professional association for real estate appraisers. Comparable to TAQEEM in accrediting valuation professionals, designating members (MAI, SRA), and providing training/continuing-education across real estate valuation disciplines.
• American Society of Appraisers (ASA): US multidisciplinary appraisal body covering business valuation, machinery & equipment, real estate, and personal property. Mirrors TAQEEM's multi-vertical accreditation model and provides comparable professional designation and training programs.
• Royal Institution of Chartered Surveyors (RICS): UK-based chartered body accrediting surveyors and valuers worldwide. Closest functional peer to TAQEEM: it licenses professionals, sets standards across real estate and asset valuation, and runs training/accreditation pipelines — comparable across credentialing, training scale, and regulatory authority.
• International Valuation Standards Council (IVSC): Global standard-setter for valuation practice. Directly comparable to TAQEEM in its role defining and promulgating valuation standards, accreditations, and professional frameworks for valuers — though operating globally rather than as a national regulator.

Broad incumbents

• CoStar Group: Dominant commercial real estate data, analytics, and valuation platform. Comparable to TAQEEM's Qaym real estate valuation infrastructure in serving property valuation needs at scale, though as a private commercial platform rather than a national regulator.
• European Group of Valuers' Associations (TEGoVA): Pan-European federation of national valuers' associations issuing the Recognised European Valuer (REV) designation. Comparable to TAQEEM as a coordinating body for national valuation accreditation and standards harmonization across jurisdictions.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/taqeem_gov_sa
• YouTubeyoutube.com/user/taqeem1
• LinkedInlinkedin.com/company/taqeemsa/mycompany
• Facebookfacebook.com/taqeemsaudi

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saudi Authority for Accredited Valuers