Property Prices in Kuwait City, Kuwait

Index Info
Price to Income Ratio: 10.69
Mortgage as Percentage of Income: 93.51%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 30.45
Price to Rent Ratio - Outside of Centre: 19.44
Gross Rental Yield (City Centre): 3.28%
Gross Rental Yield (Outside of Centre): 5.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 286.14 KWD 220.00-400.00
Apartment (1 bedroom) Outside of Centre 216.04 KWD 180.00-350.00
Apartment (3 bedrooms) in City Centre 554.17 KWD 450.00-750.00
Apartment (3 bedrooms) Outside of Centre 411.40 KWD 340.00-600.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 182.63 KWD 139.35-300.00
Price per Square Feet to Buy Apartment Outside of Centre 87.33 KWD 69.68-145.11
Salaries And Financing
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Average Monthly Net Salary (After Tax) 679.39 KWD
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.21 3.50-10.00

These data are based on 212 entries in the past 18 months from 42 different contributors.
Last update: February 2024

Sources and References
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