Sharq is a trophy-tier Kuwait City submarket with average asking rent around KWD 80/sqm/yr · ≈ $24.2 PSF/yr USD.

  • Average asking rent: KWD 80/sqm/yr · ≈ $24.2 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Sharq, Kuwait City office rents and availability

Sharq is a trophy-tier Kuwait City submarket with average asking rent around KWD 80/sqm/yr · ≈ $24.2 PSF/yr USD.

TL;DR

  • Average asking rent: KWD 80/sqm/yr · ≈ $24.2 PSF/yr USD.
  • Tier: trophy.
  • 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 trophy tier.

Where rent sits

Sharq averages around KWD 80/sqm/yr · ≈ $24.2 PSF/yr USD for Class A, against a citywide Class A index of 100. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Premium waterfront trophy core. Banking (NBK, KFH, Boubyan), energy (KPC), sovereign wealth (KIA), trading.

Key facts

cityKuwait City
submarketSharq
tiertrophy
averageRentLocalKWD 80/sqm/yr · ≈ $24.2 PSF/yr USD
cityClassARentUsd$30/sqft/yr
cityVacancyPct14.6%

Frequently asked questions

What is the average Class A rent in Sharq, Kuwait City?
Around KWD 80/sqm/yr · ≈ $24.2 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.

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