174 properties sold across various sectors in 'Adl' auctions over 9 months
The Ministry of Justice offered 174 properties in auctions valued at 122.95 million dinars, a 10.29% increase over last year, with growth recorded in September sales.
Translated by Qiyas from الجريدة — Original source
During the first nine months of 2026, the Ministry of Justice held numerous real estate auctions, through which many properties were put up for sale, most of which were residential, as part of the settlement of related judicial disputes, although some auctions were postponed for various reasons.
The total number of properties sold during the aforementioned period amounted to approximately 174 properties across various sectors, with a total value of 122.95 million Kuwaiti dinars, compared to 111.48 million dinars during the corresponding period last year, representing an increase of 11.47 million dinars, or a growth rate of 10.29 percent.
Regarding the month of September, the total value of real estate transactions through the Ministry of Justice auctions reached 13.5 million dinars, compared to 12.4 million dinars during the same month last year, an increase of 1.1 million dinars, with a growth rate of 8.87 percent, following the sale of 25 properties.
Among the notable sales in September, a house located in the Abdullah Al-Salem area, with an area of 772.5 square meters, was sold for 2 million dinars, representing a 14.8 percent increase over its initial price of 1.74 million dinars. Additionally, a house in the same area, measuring 750 square meters, was sold for 1.45 million dinars, compared to its initial price of 1.38 million dinars, an increase of 4.94 percent. A house in the Al-Fayhaa area, measuring 400 square meters, was sold for 1 million dinars, compared to its initial price of 810,000 dinars, representing a 23.5 percent increase.
In terms of growth rates, a house in the Jaber Al-Ahmad area, measuring 450 square meters, recorded the highest increase at 28.5 percent, sold for 590,000 dinars compared to its initial price of 459,000 dinars. This was followed by a house in the North West Salhiya area, measuring 400 square meters, with a 27.5 percent increase, sold for 435,000 dinars against an initial price of 341,000 dinars. Furthermore, 10 properties were sold at their initial prices without any increase.
The Ministry of Justice requires participants in the auctions to pay at least one-fifth of the property’s price via a certified check or a bank letter of credit in favor of the Ministry’s Execution Department. The bidder whose offer is approved by the judge must deposit the full approved price, along with expenses and registration fees, upon the holding of the sales session.
