Mubarak Al-Kabeer Governorate recorded the highest growth in the estimated market value of investment land at 21 percent in four areas, followed by Jahra at 19.5 percent, Farwaniya at 16.3 percent, and Hawally and Ahmadi at 12 percent each. The capital city recorded growth of 7.5 percent, which reflects the continued attractiveness of the investment sector, driven by rising demand and shifting investor sentiment amid ongoing regulatory changes in the market. Commercial real estate maintained its appeal as a store of value, with the estimated market value of vacant land increasing by an average of 7.4 percent. The Capital Governorate led the growth at 19.5 percent in five areas, followed by Hawally at 6.2 percent, Farwaniya at 4.7 percent, Jahra at 3.5 percent, and Ahmadi at 3.4 percent. The report highlighted that the approved building ratios include the total permitted areas in accordance with regulatory requirements for commercial buildings both within and outside Kuwait City.

Regarding craft and industrial real estate, estimated market values showed huge variations both between governorates and within the same governorate. The Capital and Ahmadi governorates saw decreases of 8.5 percent and 7.5 percent, respectively, while Mubarak Al-Kabeer recorded increases of up to 14 percent in some areas, compared to decreases of 5.5 percent in others. The report clarified that the valuation of usufruct rights does not necessarily reflect recent transactions due to regulatory restrictions on transfers and the absence of an active trading market during certain periods. As a result, their valuation is subject to different assessment criteria that are not covered in this report