Kuwait House Prices, Rents & Rental Yields (2026)
How much property costs in Kuwait, what it rents for and how that compares with neighbouring markets in Western Asia. City-centre prices per m² rank 2 of 10 in this comparison; gross yields rank 9 of 10.
- Apartment price per m² (city centre)
- $6,239
- 2019
- Apartment price per m² (outside centre)
- $3,232
- 2019
- Gross rental yield (city centre)
- 3.5%
- 2024
- Price-to-income ratio
- 7.7
- 2024
- Rent: 1-bedroom, city centre
- $816/mo
- 2023
Price and rent trends in Kuwait
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $6,239 | 2019 | +44.5% vs 2016 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $3,232 | 2019 | +15.9% vs 2018 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 7.7 | 2024 | -33.0% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 3.5% | 2024 | +0.4 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 28.3 | 2024 | -12.9% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $816/mo | 2023 | -9.7% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $656/mo | 2023 | -1.1% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $1,511/mo | 2023 | -16.9% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $1,354/mo | 2023 | +3.9% vs 2022 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre |
|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 7.7 | 3.5% | 28.3 | — | — | — | — |
| 2023 | — | — | 11.5 | 3.1% | 32.5 | $816/mo | $656/mo | $1,511/mo | $1,354/mo |
| 2022 | — | — | 12.3 | 3.4% | 29.2 | $904/mo | $663/mo | $1,819/mo | $1,303/mo |
| 2021 | — | — | 13.2 | 3.2% | 31.6 | $918/mo | $710/mo | $1,912/mo | $1,492/mo |
| 2020 | — | — | 12.3 | 3.4% | 29.6 | $855/mo | $693/mo | $1,785/mo | $1,350/mo |
| 2019 | $6,239 | $3,232 | — | — | — | $858/mo | $704/mo | $1,812/mo | $1,318/mo |
| 2018 | — | $2,788 | — | — | — | $1,025/mo | $761/mo | $1,874/mo | $1,473/mo |
| 2017 | — | — | 11.8 | 5.3% | 19 | $900/mo | $739/mo | $1,993/mo | $1,519/mo |
Kuwait compared with Western Asia
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Kuwait | $6,239 | 3.5% | 7.7 | — |
| Armenia | $3,156 | 6.3% | 17 | 13.8% |
| Azerbaijan | $1,700 | 5.3% | 14.4 | 9.1% |
| Cyprus | $3,682 | 6.9% | 8.1 | 4.3% |
| Georgia | $1,577 | 8.5% | 13 | 11.8% |
| Iraq | $1,202 | 6.4% | 8 | — |
| Israel | $12,224 | 3.2% | 14.2 | 5.1% |
| Jordan | $903 | 5.7% | 7.5 | 8.0% |
| Lebanon | $3,450 | 4.8% | 27.4 | — |
| Oman | $1,786 | 7.2% | 3.1 | 4.9% |
Related
- Properties for sale in Kuwait (433)
- Mortgages in Kuwait for foreigners
- Kuwait market overview
- Tax rates in Kuwait
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.