The local real estate market witnessed remarkable quantitative and qualitative growth in February, with 20.4 percent growth in the number of deals, which were the equivalent of 98 transactions, and 69.64 percent growth in value, which was equivalent to KD252.82 million year-on-year, as compared to February 2025.
The newspaper was provided with a copy of the monthly report by the Real Estate Registration and Documentation Departments in the Ministry of Justice that indicated that in February this year, 577 real estate transactions of worth KD615.83 million were registered, as compared to 479 transactions worth KD363.01 million during the same period last year.
This growth is credited to the rise in transactions in the commercial, investment, residential, and nursery sectors, with a decrease in transactions in the crafts and retail sectors.
The residential sector has positioned first in terms of the number of transactions, accounting for 61.8 percent of total monthly trading with 357 deals valued at KD169.32 million, in comparison to 334 deals valued at KD138.04 million within the same period last year.
It represents 6.9 percent growth in volume (23 more deals) and 22.6 percent growth in value (KD31.28 million), which is the growing value of private transactions on a year-on-year basis, despite the regulatory progress in the industry.
Therefore, the investment sector was also registering high annual growth, registering 158 transactions and valuing KD164.31 million.
This represents 27.4 percent growth in the number of transactions (34 more deals) and 12.8 percent growth in value (KD18.76 million), in comparison to 124 transactions of KD145.55 million in February last year, and shows that the sector remains appealing to investors.
The commercial segment has recorded exemplary annual performance with a 255 percent quantitative growth (23 additional transactions) and 224 percent qualitative growth (KD127.25 million).
The overall number of commercial transactions reached 32, valued at KD183.94 million, compared to nine transactions worth KD56.7 million in February 2025.
This reveals the increasing demand for commercial real estate since the start of the year. Conversely, the industrial real estate field has shown an astonishing deterioration, and the number of transactions has reduced by 77.7 percent (seven fewer transactions), and the value has reduced by 92.4 percent (KD19.85 million).
It registered only two transactions amounting to KD1.63 million, which compares to nine transactions regarding the same in February last year, which amounted to KD21.48 million.
The retail industry recorded a 66.6 percent decline of 20.9 percent and only one KD1.5 million transaction compared to three KD1.24 million transactions in the same period of the year.
The nurseries industry reported 21 transactions amounting to KD 79.28 million, and the warehouses sector reported six transactions amounting to KD 15.85 million, as opposed to none in both industries in February last year.
