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During the first nine months of 2026, the Kuwaiti Ministry of Justice confirmed the establishment of many real estate auctions, through which many properties were put up for sale, most of which belonged to the residential sector, in the framework of settling the related legal disputes, but some auctions were postponed for various reasons.
During the said period, the total number of properties sold amounted to about 174 properties in various sectors with a total value of 122.95 million dinars, compared to 111.48 million during the corresponding period last year, an increase of 11.47 million, and a growth rate of 10.29%, according to the Kuwaiti newspaper.
The proceeds of real estate transactions in September, through Al-Adl auctions, amounted to 13.5 million dinars, compared to 12.4 million, during the same month last year, an increase of 1.1 million, and a growth rate of 8.87%, through the sale of 25 properties.
The proceeds of real estate transactions amounted to KD 13.5 million in September 2026 compared to 12.4 million during the same month of 2025
As for the most prominent sales that took place during September, a house was sold in the Abdullah Al-Salem area, with an area of 772.5 square meters, at a price of 2 million dinars, an increase of 14.8% from the initial price of 1.74 million, and a house in the same area of 750 meters was sold at a price of 1.45 million, compared to its initial price of 1.38 million, an increase of 4.94%, and a house in the Al-Fayha area of 400 square meters was sold at a price of 1 million dinars, compared to its initial price of 810 thousand dinars, an increase of 23.5%.
With regard to growth rates, a house in the Al-Jabriya area of 450 square meters recorded the highest increase of 28.5%, where it was sold at a price of 590 thousand dinars compared to its initial price of 459 thousand, followed by a house in the northwest area of Al-Sulaibikhat, an area of 400 square meters, an increase of 27.5%; it was sold at a price of 435 thousand dinars for 341 thousand dinars, and 10 properties were sold at their initial price without any increase.
It is noteworthy that the Kuwaiti Ministry of Justice requires participation in the auction to pay at least one fifth of the price of the property under a certified cheque or under a bank letter for the benefit of the Ministry's implementation department, and whoever approves the judge's tender must deposit in the event of the sale session the full price that was approved, in addition to expenses and registration fees.
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