Regulatory Developments

Recent reforms granting GCC nationals the same property rights as Kuwaiti citizens are bolstering the market, although strict conditions remain for non-GCC nationals. Overall, Kuwait's real estate market is poised for continued growth, supported by strategic government initiatives, infrastructure investments, and evolving regulatory frameworks. Ambitious Skyscraper Projects and Real Estate...

Infrastructure and Tourism

The government's investment of approximately $32.6 billion in infrastructure projects, including roads, airports, and railways, is enhancing connectivity and stimulating economic and real estate activities. Additionally, Kuwait anticipates an increase in tourism, with projections of 7.4 million tourists by 2028, boosting demand in the hospitality and retail...

Investment and Commercial Sectors

Investment property sales increased by 49.5% in the third quarter of 2024 compared to the same period in 2023, reflecting a shift towards investment apartments. Graana Commercial real estate experienced a 75.3% increase in trading value, reaching KD745 million in...

Residential Sector

The residential market saw a 20% increase in sales prices and a 19% rise in rental rates in 2024, with villas outperforming other property types. Kanebridge News Government-led housing projects, such as Al-Mutlaa City and South Saad Al-Abdullah City, are contributing to the development of modern urban communities, addressing the growing demand for housing...

Significant growth 2024

As of February 2025, Kuwait's real estate market is experiencing significant growth and transformation. In 2024, the market achieved its sixth-highest transaction value in history, totaling approximately KD3.7 billion ($12.2 billion), marking a 36% increase compared to 2023. This surge was driven by robust activity across residential, investment, and commercial...

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