Kuwait’s real estate market recorded 573 property transactions in November, totaling 419.14 million dinars, according to data from the Real Estate Registration and Documentation Department at the Ministry of Justice.
Private residential properties dominated the activity, with 425 transactions valued at 172.17 million dinars, followed by investment properties with 130 deals worth 124.72 million dinars, and commercial properties with 13 transactions totaling 92.97 million dinars.
Additional transactions included three craft sector properties worth 6.28 million dinars, a warehouse for 3 million dinars, and a coastal strip property valued at 20 million dinars.
The Ministry noted a month-on-month decline compared to October: land sales fell to 151 plots from 227, house sales decreased to 187 from 199, and apartment transactions dropped to 38 from 65.
Residential complex sales also fell sharply, with only one transaction, compared to nine in October.
Among notable high-value deals — a commercial plot in Fahaheel, 814 sqm, sold for 4.2 million dinars; a residential complex in Mahboula, 6,173 sqm, sold for 15.4 million dinars; a commercial building in Qibla, 387.5 sqm, sold for 5.95 million dinars and a commercial complex, 266 sqm, sold for 3.9 million dinars.
In private housing, standout transactions included a house in Al-Khalidiya, 1,044.2 sqm, sold for 1.25 million dinars; a house in Al-Shamiyah, 487.5 sqm, sold for 1.15 million dinars, a house in Al-Abdaliyah, 1,000 sqm, sold for 1.46 million dinars and a coastal house in Abu Fatira, 1,908 sqm, sold for 2.1 million dinars.
November land sales were concentrated in South Surra, representing 29.8% of total plots sold, with notable deals in Al-Daiya, Sabah Al-Ahmad City, and Al-Wafra.
In other areas, Jleeb Al-Shuyoukh saw a building sold for 2 million dinars and a plot (house) for 910,000 dinars, while a 1,348 sqm commercial and investment building in Hawally changed hands for 8.1 million dinars.
The figures highlight strong private housing activity despite a slight decline in land and apartment sales, reflecting the dynamic nature of Kuwait’s real estate market.
