Property Prices in As-salimiyah, Kuwait

Index Info
Price to Income Ratio: 7.14
Mortgage as Percentage of Income: 63.91%
Loan Affordability Index: 1.56
Price to Rent Ratio - City Centre: 12.74
Price to Rent Ratio - Outside of Centre: 16.22
Gross Rental Yield (City Centre): 7.85%
Gross Rental Yield (Outside of Centre): 6.17%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 319.17 KWD 240.00-400.00
Apartment (1 bedroom) Outside of Centre 236.00 KWD 200.00-400.00
Apartment (3 bedrooms) in City Centre 628.57 KWD 500.00-750.00
Apartment (3 bedrooms) Outside of Centre 470.00 KWD 400.00-600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 85.93 KWD 78.97-92.90
Price per Square Feet to Buy Apartment Outside of Centre 81.29 KWD 69.68-92.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 630.00 KWD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.50 3.00-10.00

These data are based on 47 entries in the past 18 months from 10 different contributors.
Last update: January 2021

Sources and References
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