This research aims to test the influence of profitability, dividend policy and debt policy to firm value. The object in this research is the property and real estate companies listed on the Indonesia stock exchange in the period 2011-2015. On this research obtained a sample of 63 with a period of observation for 5 years. Data analysis techniques used to use multiple linear analysis. Based on the results of research conducted, the results obtained that the profitability has a significantly positive effect on the firm value, dividend policy has positive not significantly effect aon the firm value while the debt policy has a significantly positive effect on the firm value , so that it can be concluded that only the profitability and debt policy has influence on the firm value.