Quick reference: Kuwait City Class A rent is 220 KWD/sqft ($715 USD), typical term 3 years, 4 months free.
Class A rent: 220 KWD/sqft/yr ($715 USD).
Typical term: 3 years.
Typical rent-free: 4 months.
Vacancy: 14.6%.
Kuwait City Class A office: frequently asked questions
Quick reference: Kuwait City Class A rent is 220 KWD/sqft ($715 USD), typical term 3 years, 4 months free.
TL;DR
Class A rent: 220 KWD/sqft/yr ($715 USD).
Typical term: 3 years.
Typical rent-free: 4 months.
Vacancy: 14.6%.
Quick reference
Use this page as the fast-answer reference for Kuwait City. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Kuwait City
country
Kuwait
region
EMEA
classARentLocal
220 KWD/sqft/yr
classARentUsd
$715/sqft/yr
vacancy
14.6%
typicalLeaseYears
3
typicalRentFreeMonths
4
submarkets
5
primeYieldPct
7.4%
Frequently asked questions
What is the impact of sovereign wealth on the market?
Material. Kuwait Investment Authority (KIA) — the world's oldest sovereign wealth fund — anchors structural long-duration Class A tenancy across the Sharq waterfront.
How does Kuwait compare to other Gulf markets?
Kuwait's Class A market is materially smaller and less developed than Dubai, Abu Dhabi, or Riyadh. Vacancy is moderate; new supply pipeline is constrained.
Are foreign-owned firms taxed?
Yes — 15% corporate income tax. Kuwaiti and GCC-owned firms are exempt. This drives a structural preference for Kuwaiti partnership structures.