Kuwait's Real Estate Market Booms with 136 Deals Worth 69.8 Million Dinars in a Week
Kuwait’s real estate market recorded solid weekly activity, with official data from the Real Estate Registration and Documentation Department at the Ministry of Justice showing that 136 property contracts were concluded during the week, generating a combined value of approximately 69.8 million dinars.
According to statistics published on the ministry’s website for transactions completed between December 21 and 25, private residential properties dominated market activity, accounting for the largest share of deals.
A total of 114 private real estate contracts were registered, with a cumulative value of 48.7 million dinars, underscoring continued demand in the housing segment, reports Al-Rai daily.
Investment properties followed as the second most active category, with 19 contracts traded at a total value of 15.2 million dinars, reflecting sustained investor interest despite broader market pressures.
Commercial real estate saw more limited movement during the week, with two commercial contracts recorded at a combined value of 5 million dinars. Meanwhile, the coastal strip segment registered a single transaction valued at 650,000 dinars.
Geographically, the Capital Governorate recorded 17 private residential contracts alongside one investment property deal, while Hawalli Governorate emerged as one of the most active areas, logging 27 private contracts, four investment contracts, and one commercial transaction.
In Farwaniya Governorate, activity included 11 private contracts and one investment contract, whereas Mubarak Al-Kabeer Governorate posted the highest number of private residential trades with 28 contracts, in addition to one investment deal.
The Al-Ahmadi Governorate recorded a mix of 17 private residential contracts and eight investment contracts, highlighting notable investor presence. Meanwhile, Al-Jahra Governorate saw 14 private real estate transactions and one commercial contract during the reporting period.
