According to the data, which represented 71% of all properties and 39% of the total trading value, the residential sector led in both the quantity and value of real estate transactions. The investment sector came in second rank with 30% of the trading value and 24% of the total number of properties.

The commercial sector took third place with 17% of the trading value and 2.5% of the total number of properties. Around 15% of the trading value and 25% of the total number of transactions were made up of other transactions.

Additionally, the data indicated that in July compared to June, there were 55% more transactions in the residential real estate market and a 42% increase in transaction value.

The value of transactions increased to KD 151.5 million from KD 107 million with 218 properties the previous month with 337 properties. Sabah Al-Ahmad Marine City ranked first with roughly 17% of the total value of transactions in the residential sector, followed by Al-Masayel with approximately 9%. Of all residential land transactions, Sabah Al-Ahmad Marine City accounts for about 38% of them.

A noteworthy rise of approximately 3% was observed in the value of real estate transactions within the investment sector, and between June and July, there was a 35% increase in the total number of transactions.

Some 113 properties saw a total of KD 115.5 million in transactions last month, up from KD 112 million with 84 properties the month before. Salmiya led in distribution, accounting for about 25% of the total transaction value in the investment sector, followed by Hawally at 22%.

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