Contracts worth KD 55.08m signed over five days

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Ahmadi registered 23 deals

KUWAIT CITY, Nov 3: The total real estate transactions contracts signed between Oct 6 and 10 last, were worth about 55.08 million dinars, according to statistics published on the website of the Department of Real Estate Registration at the Ministry of Justice, reports Al-Rai daily.

The statistics showed that the period witnessed the registration of 73 private real estate contracts worth 21.66 million dinars, 26 investment properties worth 26.44 million, 3 commercial real estate worth 96,000, and one real estate worth 1.3 million, for a total of 50.36 million.

At the same time, the activity over five days witnessed the registration of agencies for 6 private real estate worth 1.92 million dinars, and two investment properties worth 2.8 million, for a total of 4.72 million agencies.

According to statistics, the Ahmadi Governorate witnessed the registration of 23 contracts for private real estate, 18 contracts in Mubarak Al-Kabeer, 10 contracts in Farwaniya, 9 in Hawalli, 7 in the capital, and 6 contracts in Jahra. Investment contracts were distributed between 9 in Hawalli, 7 in Ahmadi, 5 in Mubarak Al-Kabeer, 3 in Farwaniya and two in Jahra.

Three commercial real estate contracts were registered in Ahmadi amid the absence of any commercial transactions in the remaining governorates. As for private real estate agencies, they were distributed as 3 in Ahmadi, 2 in Mubarak Al Kabeer and one in the capital, while one investment agency was signed in both Ahmadi and Hawalli.

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