Kuwait property prices by area in the third quarter of 2026: Qibla commercial at KD 16,908 per square metre, Shuwaikh Residential at KD 4,500, Sea City land from about KD 166
Sale prices recorded by the Real Estate Registry at the Ministry of Justice in the third quarter of 2026, reported by Times Kuwait on 5 October, show how far the centre of Kuwait City sits from the edge of the country. A commercial property in Qibla changed hands at KD 16,908 per square metre, an investment building in Salmiya at KD 6,356, and private housing in Shuwaikh Residential at KD 4,500. At the other end, land in Sabah Al Ahmad Sea City started from about KD 166 per square metre and one Wafra Residential deal was recorded at KD 178.
Private housing: Shuwaikh Residential, then the old suburbs
According to the Ministry of Justice Real Estate Registry figures reported by Times Kuwait on 5 October 2026, Shuwaikh Residential recorded the highest private-housing price of the quarter at KD 4,500 per square metre. Abdullah Al-Salem followed with an average of KD 2,789, then Nuzha at KD 2,333, Faiha at KD 2,146 and Shamiya at KD 2,057. In Hawalli Governorate, Al-Shaab reached KD 1,963, Hittin KD 1,947 and Bayan KD 1,600, while some Al-Zahra transactions exceeded KD 1,200.
The new cities and the south
The newer residential areas traded at far lower levels. Land in Sabah Al Ahmad Sea City started from about KD 166 per square metre, and one transaction in Wafra Residential was recorded at KD 178. Mutlaa was one of the more active markets, with most deals between about KD 550 and KD 900 per square metre and some above KD 1,000.
Investment property: Salmiya on top
In the investment segment, one building in Salmiya was sold at KD 6,356 per square metre, with other Salmiya deals above KD 3,700. Bneid Al-Qar reached KD 3,831 and Manqaf KD 3,514. Mahboula saw investment properties change hands at around KD 2,779, 2,000 and 1,900 per square metre. At the lower end, investment land in Fahaheel was recorded between KD 260 and about KD 500.
Commercial: Qibla and Mirqab lead, Sea City is the floor
Commercial property remained the most expensive segment. In Qibla one transaction reached KD 16,908 per square metre and another KD 14,731; a further commercial land deal in Qibla was recorded at KD 9,450. Mirqab followed at KD 11,851. Outside the city centre, a commercial complex in Farwaniya was sold at KD 7,287, a commercial building in Salmiya at KD 6,407 and a commercial complex in Hawalli at KD 6,113. The lowest commercial price observed was KD 534 per square metre in Sabah Al Ahmad Sea City, with other deals there between KD 750 and KD 850.
How to read these numbers
The registry records what was paid when a sale is registered, so these are real prices, not listings. The report describes the registry data as average sale prices, yet several of the headline figures, Qibla's KD 16,908, Salmiya's KD 6,356 and Wafra's KD 178, come from a single transaction each, and only Abdullah Al-Salem is given explicitly as an average. A corner plot, a building with tenants or a rare commercial licence can lift one deal well above its neighbours, so the figures mark the range of the quarter rather than an index of every street.
What Al Mithaq adds
Sea City is the cheapest entry in this quarter's registry, and it is where our Khiran office works every day. Our Sabah Al Ahmad Sea City land page takes the phase, size and budget you have in mind and sends back the plots actually available, with plot numbers and prices, the same working day. Prices there move with the phase and the position on the canal, so the registry's starting figure is a floor, not a quote.
Sources
Related stories
All news ›
Kuwait court auctions sold 18 properties for KD 9.63 million in September, 11% above their valuations
Kuwait property sales reach KD 1.64 billion from March to September 2026: where the money went
