INCREASE IN THE NUMBER OF VACANT FLATS IN KUWAIT

  • 22/03/2022

Kuwait City: Many apartments in the country are reported to be vacant. This is according to a study conducted by the Real Estate Union. The number of unoccupied apartments is estimated to have increased by 61,000. There are a total of 396,000 apartments in the country. The average occupancy rate for an apartment is 84.6%. Salmia is home to the largest number of foreigners in the country. , Hawali is second with 1811 buildings and Abbasiya is third with 1181 buildings.


Dasman leads the way with an average monthly rent of apartments of 1,081 dinars. The monthly rent is 512 dinars in Al Shaab, 464 dinars in Sharq, 352 dinars in Jabriya, 338 dinars in Sabah Al Salem and 327 dinars in Salmiya, according to the Real Estate Union report. Abbasiya and Khaitan topped the list of areas with the lowest average monthly rent, with an average of 210 dinars. Abu Khalifa with 240 dinars and Farwaniya with 244 dinars are close behind. The reason for the increase in vacancies is the drop out of foreigners and the elimination of high-rent apartments. 

Many foreigners have relocated their families and moved to bachelor rooms following the Covid crisis. The Covid epidemic has also reduced the rent of apartments by 10 to 15 per cent, the report said. There are a number of vacant flats in Fahaheel, Jalib Al Shuyoukh, Mangaf, Abu Halifa, Salmiya and Khaitan. Boards for rent are on the front of most buildings

Related News

Kuwait Braces for Dust Storms and Scorching Heat Until Frida ...
  • 30/06/2025
Kuwait’s Electricity Ministry Urges Power Conservation Amid ...
  • 30/06/2025
Kuwait Launches Advanced 5G Network, Paving Way for 6G Futur ...
  • 29/06/2025
Kuwait’s Expatriate Exit Permit Takes Effect Tomorrow for 21 ...
  • 29/06/2025
Expat Busted in Kuwait with Nearly 4,000 Liquor Bottles Hidd ...
  • 28/06/2025
Kuwait Braces for Scorching Weekend as Monsoon Depression In ...
  • 26/06/2025
Kuwait University Installs Radiation Monitoring Sensors Amid ...
  • 26/06/2025
Kuwait Seizes One Million Captagon Pills; Suspect Held for D ...
  • 26/06/2025
Gulf States to Review Regional Radiation Emergency Plan Next ...
  • 25/06/2025
Civil Information Department Launches ‘Resident Data’ Servic ...
  • 24/06/2025
Ministry of Finance Activates Emergency Plan to Ensure Conti ...
  • 22/06/2025
Over 1500 Celebrate 11th International Day of Yoga in Kuwait
  • 21/06/2025