Kuwait Finance House: Private Housing Trades Record High Value in Real Estate Transactions
Kuwait Finance House report indicates private housing dominates real estate transactions with a value of 455.3 million dinars in the third quarter of 2026.
Translated by Qiyas from الجريدة — Original source
A report by Kuwait Finance House on the local real estate market for the third quarter of 2026 stated that private residential transactions accounted for the largest share of total real estate transaction value in the third quarter of 2026, at 44.6%, compared to 47.0% in the previous quarter.
“Al-Shal” noted that investment real estate came in second place, with its share rising to 35.2%, compared to approximately 31.6% in the second quarter, followed by commercial real estate at 18.0%, up from 12.4%. The remaining categories collectively accounted for about 2.2% of the total, distributed among craft real estate at 1.8%, and both coastal strip and warehouses at 0.2% each, while agricultural nurseries recorded no transactions during the quarter.
The average price per square meter of private residential property in the Capital Governorate reached 1,313 Kuwaiti dinars by the end of the third quarter of 2026, rising to 2,766 dinars for investment properties, and exceeding that for commercial properties in the governorate, where the average price per square meter reached 9,196 dinars by the end of the third quarter of 2026. In Hawalli Governorate, the average price per square meter for private residential property stood at around 1,024 dinars, while it rose to 2,002 dinars for investment properties and 4,066 dinars for commercial properties. In Farwaniya Governorate, the average price for private residential property was 682 dinars per square meter, while the average price for investment real estate in the governorate reached 1,741 dinars, and the average for commercial real estate reached 2,804 dinars.
Total real estate transaction value reached 1,019.7 million Kuwaiti dinars during the third quarter of 2026, according to data compiled on a monthly basis by the Registration and Documentation Department at the Kuwait Ministry of Justice, recording a growth of 12.4% compared to the second quarter of 2026, while declining by 20.0% on a year-on-year basis compared to the third quarter of 2025.
The average total value of a real estate transaction rose to approximately 679,000 Kuwaiti dinars in the third quarter of 2026, an increase of 11.8% over the second quarter, while it decreased by approximately 15.4% compared to the third quarter of 2025.
The total number of real estate transactions reached 1,502 deals in the third quarter of 2026, a slight decrease of 0.7% from the previous quarter and 5.1% on a year-on-year basis. The annual decline was due to a drop in the number of transactions in investment, commercial, coastal strip, craft, and warehouse properties, despite a 6.9% rise in private residential transactions, while agricultural nurseries recorded no transactions during the quarter.
The value of private residential transactions rose to 455.3 million Kuwaiti dinars in the third quarter of 2026, up 6.7% from the previous quarter and 15.0% on a year-on-year basis, remaining the largest contributor to the total value of real estate transactions.
The average transaction value in private residential property reached approximately 412,000 Kuwaiti dinars in the third quarter of 2026, up 6.7% from the previous quarter and approximately 7.6% on a year-on-year basis.
The number of private residential transactions remained stable at 1,106 deals in the third quarter of 2026, unchanged from the previous quarter, while rising 6.9% compared to the third quarter of 2025.
The value of investment real estate transactions rose to 359.1 million Kuwaiti dinars in the third quarter of 2026, an increase of 25.1% over the previous quarter, while declining by 11.7% on a year-on-year basis.
The average transaction value in investment real estate rose to approximately 1 million Kuwaiti dinars in the third quarter of 2026, up 20.3% from the second quarter and approximately 12.9% on a year-on-year basis.
The number of investment real estate transactions rose to 359 deals in the third quarter of 2026, an increase of 9.5% from the previous quarter, but it declined by 17.7% compared to the third quarter of 2025.
The value of commercial real estate transactions rose to 183.1 million Kuwaiti dinars in the third quarter of 2026, up 62.2% from the previous quarter, although it declined by 58.5% on a year-on-year basis.
The average value of commercial real estate transactions rose to approximately 5.72 million Kuwaiti dinars in the third quarter of 2026, up 128.1% from about 2.51 million dinars in the previous quarter, while declining by roughly 1.5% compared to its level in the third quarter of 2025.
The number of commercial real estate transactions fell to 32 deals in the third quarter of 2026, down 28.9% from the previous quarter and 57.9% compared to the third quarter of 2025, indicating that the growth in quarterly value was driven by an increase in the average transaction value despite the decline in the number of deals.
