The GAL indicator provides a historical perspective of the market over time. The sales index will be a statistical tool that can be used to know market trends and sectors and to know the prices of all types of real estate in the State of Kuwait (residential, investment, commercial, industrial lands, farms, chalets, etc.).

Pointer method:
Al-Jal Real Estate Services Company adopts the method of calculating the weighted index in order to more accurately reflect the market situation, as it takes into account the market value of real estate in each region in the index when calculating it. The value of the index is calculated using a set of equations based on the relative weights of each region in relation to the total market, which is called the weighted average. Prices are collected through field surveys of the real estate market and following up on actual market trades through the statistics of the Ministry of Justice (Real Estate Registration Department) with professional management. Through an independent and neutral party to help give a comprehensive overview of the performance of the real estate sectors in Kuwait.

Importance of the application:
The basic function of the indicator is to measure the market return, regardless of the type of market. Therefore, a good or reliable indicator is the one that measures the market rate of return with the greatest accuracy through performance changes during quarterly or annual periods, which is needed by those interested in real estate affairs, banks, financial and investment entities, companies and individuals. Al-Jal Real Estate Services Company aims to enhance transparency in the Kuwaiti real estate market through the latest technical methods that facilitate the process of accessing information, data and analysis and presenting them in a transparent, credible and innovative manner to those interested in the Kuwaiti real estate market and to society.