Mutlaa City Witnesses 149 Real Estate Deals in 2025, Showcasing Market Growth
From January to October 15, Mutlaa City recorded 149 real estate transactions, with the highest deal reaching 600,000 dinars for a 400-square-meter house on the first plot. This significant figure underscores the growing interest in the real estate market of Mutlaa City, a burgeoning urban center in Kuwait.
Most sales ranged between 280,000 and 320,000 dinars, while the lowest transaction was 200,000 dinars in Block 4, as reported by Al-Rai daily. The first plot emerged as the hotspot for activity, with previous high-value deals of 525,000 and 520,000 dinars in the third and first plots, respectively. These transactions highlight the increasing value and demand for properties in this area.
Meanwhile, the Public Authority for Housing Welfare continues to develop infrastructure for 33 ongoing projects, aiming to complete 28,288 plots by the end of October. This extensive development is part of a broader plan to transform Mutlaa City into a modern, well-equipped urban center. The authority's efforts are crucial in ensuring that the city can accommodate the growing population and support economic growth.
Plans for Al-Mutlaa include a 250,000-square-meter industrial zone with showrooms, retail stores, warehouses, and worker housing, alongside 671 public buildings across 12 residential and service sectors. This comprehensive development will not only boost the local economy but also provide a wide range of amenities and services for residents and businesses.
The city will also offer diverse investment opportunities, from gas stations and private schools to commercial complexes and investment housing. These initiatives are designed to attract both local and international investors, further solidifying Mutlaa City's position as a key player in the real estate market.
In conclusion, the 149 real estate deals recorded in Mutlaa City from January to October 15, 2025, are a clear indication of the city's growing market activity and potential. With ongoing infrastructure development and a wide array of investment opportunities, Mutlaa City is poised to become a major urban center in Kuwait.