Property Prices in Kuwait City, Kuwait

Index Info
Price to Income Ratio: 9.23
Mortgage as Percentage of Income: 76.64%
Loan Affordability Index: 1.30
Price to Rent Ratio - City Centre: 28.84
Price to Rent Ratio - Outside of Centre: 17.28
Gross Rental Yield (City Centre): 3.47%
Gross Rental Yield (Outside of Centre): 5.79%
Rent Per Month
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Apartment (1 bedroom) in City Centre 281.19 KWD 220.00-350.00
Apartment (1 bedroom) Outside of Centre 213.18 KWD 175.00-260.00
Apartment (3 bedrooms) in City Centre 528.64 KWD 400.00-750.00
Apartment (3 bedrooms) Outside of Centre 412.17 KWD 300.00-600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 167.68 KWD 92.90-300.00
Price per Square Feet to Buy Apartment Outside of Centre 77.18 KWD 45.00-106.84
Salaries And Financing
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Average Monthly Net Salary (After Tax) 713.56 KWD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.57 3.00-10.00

These data are based on 202 entries in the past 18 months from 39 different contributors.
Last update: July 2024

Sources and References
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