Mubarakiya / Souq is a prime-tier Kuwait City submarket with average asking rent around KWD 60/sqm/yr · ≈ $18.1 PSF/yr USD.

  • Average asking rent: KWD 60/sqm/yr · ≈ $18.1 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: KWD 100/sqm/yr · ≈ $30.2 PSF/yr USD ($30 USD).
  • Citywide vacancy: 14.6% — submarket-level availability is typically tighter at prime tier.

Mubarakiya / Souq, Kuwait City office rents and availability

Mubarakiya / Souq is a prime-tier Kuwait City submarket with average asking rent around KWD 60/sqm/yr · ≈ $18.1 PSF/yr USD.

TL;DR

  • Average asking rent: KWD 60/sqm/yr · ≈ $18.1 PSF/yr USD.
  • Tier: prime.
  • Citywide Class A rent context: KWD 100/sqm/yr · ≈ $30.2 PSF/yr USD ($30 USD).
  • Citywide vacancy: 14.6% — submarket-level availability is typically tighter at prime tier.

Where rent sits

Mubarakiya / Souq averages around KWD 60/sqm/yr · ≈ $18.1 PSF/yr USD for Class A, against a citywide Class A index of 100. As a prime submarket, rent runs at or above city average with mostly tight availability.

Availability dynamics

Heritage commercial core. Government, trading houses, professional services, retail HQs.

Key facts

cityKuwait City
submarketMubarakiya / Souq
tierprime
averageRentLocalKWD 60/sqm/yr · ≈ $18.1 PSF/yr USD
cityClassARentUsd$30/sqft/yr
cityVacancyPct14.6%

Frequently asked questions

What is the average Class A rent in Mubarakiya / Souq, Kuwait City?
Around KWD 60/sqm/yr · ≈ $18.1 PSF/yr USD. The citywide Class A index sits at KWD 100/sqm/yr · ≈ $30.2 PSF/yr USD.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

Full sources index · Submit a correction

Related topics