The Kuwaiti real estate market witnessed notable movements during the week from March 23 to March 27, 2025. According to the Department of Real Estate Registration and Documentation, a total of 111 real estate transactions were recorded — a rise of 17 transactions compared to the previous week’s 94 deals. This relative growth signals a steady market activity, with noticeable variations in demand across property types and distribution throughout the six governorates.
What’s the Breakdown of Transactions by Property Type?
1. Private Real Estate
Private properties continued to lead in transaction volume, recording 72 deals with a total value of approximately KD 30.13 million. This category remains the backbone of the Kuwaiti real estate market, especially for individual investors seeking long-term stability or permanent residence.
This week saw a rise of 7 deals compared to the previous week, indicating growing interest among buyers seeking secure and lasting investments across various regions.
2. Investment Properties
There were 14 investment property deals totaling KD 31.54 million, showing sustained interest from investors targeting rental income. However, the number of deals fell by 2 transactions from the prior week, possibly reflecting cautious behavior due to market fluctuations or anticipation of new rental legislation.
3. Commercial Properties
Only 6 commercial transactions were recorded, valued at nearly KD 15.93 million, averaging KD 2.65 million per transaction. This underscores the significant capital often injected into this sector, despite a slight decline of one transaction compared to the previous week.
4. Industrial Properties & Warehouses
Both industrial and warehouse segments recorded one transaction each. The industrial property deal was worth KD 5.98 million — one of the highest values among non-residential transactions, likely indicating a large-scale commercial or industrial investment, possibly in areas like Fahaheel.
The warehouse transaction, valued at KD 2.9 million, took place in the Ardhiya area in Farwaniya Governorate.
5. Other Property Types
No activity was recorded for shops, banks, showrooms, or coastal strip properties this week. This could be due to limited supply or a temporary lack of investor interest in these categories.
How Were Transactions Distributed Across Governorates?
Real estate deals were recorded across all six governorates, with differences in volume and value:
-
-
26 transactions
-
KD 41.63 million in total value
Most deals occurred in Salmiya, Jabriya, and Rumaithiya. A large investment deal worth KD 18.5 million was registered in Salmiya.
-
-
-
26 transactions
-
KD 12.11 million
Included industrial and investment deals, with significant activity in Sabah Al Ahmad Sea City, reflecting continued demand for waterfront housing projects.
-
-
Capital Governorate
-
11 transactions
-
KD 13.1 million
Deals were concentrated in areas like Sharq, Shamiya, Kaifan, and Madisiya, including two high-value private and commercial transactions exceeding KD 2.5 million each.
-
-
Farwaniya Governorate
-
18 transactions
-
KD 6.58 million
Included notable deals involving warehouses, shops, and private residences in Jleeb Al-Shuyoukh, Khaitan, and Ferdous.
-
-
-
7 transactions
-
KD 3.73 million
Focused mainly on private and investment properties in areas like Saad Al Abdullah, Mutlaa, and Al-Waha.
-
-
-
1 transaction
-
KD 450,000
A single private property deal in Abu Futaira.
-
What’s the Total Value by Property Type?
| Property Type | Transactions | Total Value (KD) |
|---|---|---|
| Private Property | 72 | 30,130,885 |
| Investment Property | 14 | 31,548,500 |
| Commercial Property | 6 | 15,926,452.938 |
| Industrial Property | 1 | 5,988,000 |
| Warehouses | 1 | 2,900,000 |
| Others | 0 | 0 |
No activity was recorded for showrooms, shops, banks, or coastal properties.
What Were the Weekly Changes Compared to the Previous Week?
-
Private Real Estate: +7 transactions
-
Investment Property: -2 transactions
-
Commercial Property: -1 transaction
-
Industrial Property: No change
-
Warehouses: No change
-
Shops: +1 transaction
-
Banks, Showrooms, Coastal Strip: No change
Real Estate Transactions by Governorate
| Governorate | Number of Transactions | Total Value (KD) |
|---|---|---|
| Capital | 11 | 13,095,000 |
| Hawalli | 26 | 41,630,000 |
| Farwaniya | 18 | 6,586,838.088 |
| Mubarak Al-Kabeer | 1 | 450,000 |
| Ahmadi | 26 | 12,118,000 |
| Jahra | 7 | 3,726,000 |
General Observations and Market Insights
-
Private real estate continues to dominate, indicating that both individuals and institutions still consider it a safe long-term investment.
-
Investment properties showed a slight decline, possibly due to anticipation of regulatory changes or shifting demand in the rental market.
-
Stability in industrial and warehouse sectors suggests a steady industrial market, though more incentives may be needed to boost growth.
-
Coastal governorates like Ahmadi and the Capital are seeing increasing interest, especially in seafront projects, which indicates ongoing demand for high-end and touristic residential properties.
What Regulatory Changes Affected the Market?
During this week, 125 real estate agency licenses were revoked under Law No. 125 of 2023, as part of the Ministry of Justice’s efforts to regulate the sector and enhance transparency. This move is expected to:
-
Reduce fraud and unlicensed brokerage activities
-
Improve market efficiency by keeping only active and legal agencies
-
Encourage buyers to deal with officially licensed and approved entities
Future Outlook and Recommendations
Based on this report, several future indicators can be deduced:
-
A strong commercial rebound will depend on clear economic incentives, such as reduced registration fees or state-led investment programs.
-
Supporting the investment sector through stable, long-term rental legislation will be crucial to reversing recent declines.
-
Continued development of seafront residential projects targeting Kuwaiti families and youth is essential, especially in areas like Sabah Al Ahmad.
Despite minor dips in some segments like commercial and investment, the Kuwaiti real estate market shows overall stability, driven by notable activity in the private property sector, particularly in Hawalli and Ahmadi. Upcoming regulatory changes around real estate agencies are expected to further reshape the market dynamics in the coming weeks.
[sc_fs_faq html=”true” headline=”h3″ img=”” question=”Does real estate activity in Kuwait vary by season?” img_alt=”” css_class=””] Yes, real estate activity in Kuwait fluctuates throughout the year. Some seasons, such as summer and post-holiday periods, tend to be more active, while activity slows down during national holidays or periods of economic uncertainty. [/sc_fs_faq]
[sc_fs_faq html=”true” headline=”h3″ img=”” question=”Are there real estate taxes in Kuwait?” img_alt=”” css_class=””] Kuwait does not impose real estate taxes like in many other countries. However, there are government fees for property registration and ownership transfers at the time of sale or purchase. [/sc_fs_faq]
