Kuwait’s prime residential districts defy falling private housing prices
- Abdullah Al Salem recorded Kuwait’s highest residential land price, reaching 3,600 dinars per square metre.
- Nine of the ten most expensive land transactions per square metre were located in the Capital Governorate.
- Al-Bida’a posted the largest property sale by value, with a coastal land transaction worth 15.58 million dinars.
- The ten biggest residential property deals totaled approximately 54.4 million dinars during the first half of 2026, reflecting sustained demand for premium real estate.
While private housing prices have softened across many parts of Kuwait, the country’s most prestigious residential neighborhoods continue to demonstrate remarkable resilience, with prime land in the Capital Governorate maintaining record-breaking values during the first half of 2026.
Real estate data released by the Ministry of Justice shows that nine of the ten highest-priced residential land transactions, measured by price per square metre, were recorded in the Capital Governorate, underscoring the enduring appeal of Kuwait’s premium inner-city districts.
The standout performer was Abdullah Al Salem, which topped the rankings after a 1,000-square-metre residential plot changed hands for 3.60 million dinars, setting the highest price of the year at 3,600 dinars per square metre. A second transaction in the same neighborhood secured the second-highest ranking, with a 759-square-metre plot selling for 2.25 million dinars, or 2,964 dinars per square metre.
Shuwaikh Residential secured third place after a 1,000-square-metre property sold for 2.91 million dinars, translating to 2,915 dinars per square metre.
The only district outside the Capital Governorate to feature among the country’s highest-priced land sales was Mubarak Al-Abdullah Al-Sabah in Hawalli Governorate, where a 500-square-metre plot fetched 1.425 million dinars, averaging 2,850 dinars per square metre.
Other prestigious neighborhoods that maintained premium valuations included Al-Khalidiya (2,758 dinars per square metre), Al-Shamiya (2,400), Al-Nuzha (2,250), Al-Yarmouk (2,216), Al-Mansouriya (2,133) and Al-Faiha (2,125), highlighting the sustained demand for residential land in Kuwait’s most established communities.
Several of these high-value sales also ranked among the country’s largest residential property transactions by total value. Alongside the two Abdullah Al Salem deals and the Shuwaikh Residential transaction, a major sale in Al-Nuzha reached 2.25 million dinars, demonstrating that these neighborhoods continue to command both premium prices and significant investment activity.
In terms of overall transaction value, however, Al-Bida’a in Hawalli Governorate led the market after an 8,383-square-metre coastal property sold for 15.58 million dinars, followed by another nearby coastal plot of 7,369 square metres valued at 13.66 million dinars. Although these waterfront transactions recorded the highest overall values, their price per square metre remained below those achieved in the Capital’s elite residential districts.
Another major transaction was recorded in Al-Surra, where a 6,657.5-square-metre property changed hands for 5.32 million dinars.
Meanwhile, Sabah Al-Ahmad Sea City emerged as one of the most active locations for large-scale residential land deals, accounting for four of the country’s ten largest transactions. Property values ranged from 2.59 million to 2.94 million dinars, reflecting growing investor interest in large coastal developments.
According to the data, the ten largest residential land transactions completed during the first six months of 2026 were collectively valued at approximately 54.4 million dinars, highlighting continued momentum in Kuwait’s high-end property market.
Despite broader price corrections in the residential housing sector, the latest figures reinforce a familiar trend: Kuwait’s established inner-city neighborhoods continue to command exceptional investor confidence, with limited supply, prime locations and enduring demand enabling them to remain among the country’s most valuable real estate assets.
