Authored by the expert who managed and guided the team behind the Senegal Property Pack
Everything you need to know before buying real estate is included in our Senegal Property Pack
Looking to understand housing prices in Senegal in 2026? You're in the right place.
We've compiled the latest data on Senegal property prices, and we keep this article updated as new information becomes available.
Whether you're curious about Dakar apartments, coastal villas, or budget options in outer neighborhoods, we break it all down below.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in Senegal.
Insights
- The average Dakar apartment in 2026 costs around 151 million FCFA (about $270,000), but the median sits closer to 135 million FCFA because a handful of luxury units in Almadies and Plateau push the average up.
- New-build apartments in central Dakar (Plateau) command a premium of 2 million FCFA per square meter, which is roughly double the citywide average for existing stock.
- Buyers in Senegal should expect to pay 8% to 12% less than the listed price after negotiations, especially for older properties or units with paperwork complications.
- Over the past decade, Dakar housing prices have risen about 90% in nominal terms, but after adjusting for inflation, the real increase is closer to 55%.
- The most affordable Dakar neighborhoods like Parcelles Assainies and Guédiawaye offer properties starting around 400,000 to 700,000 FCFA per square meter, roughly a third of prime Almadies prices.
- Total buying costs in Senegal typically add 12% to 20% on top of the purchase price once you factor in registration fees, notary costs, and potential renovation work.
- Apartments make up about 60% of Dakar's residential listings, reflecting the city's density and the preference for secure, amenity-rich buildings among buyers.
- Prime coastal neighborhoods like Almadies and Ngor attract expat buyers because of their proximity to embassies, international schools, and modern residential developments.
- Senegal does not publish an official national house price index, so pricing estimates rely on triangulating data from major listing portals and official inflation figures.
What is the average housing price in Senegal in 2026?
The median housing price is more useful than the average because a few very expensive properties (like luxury penthouses in Almadies) can push the average up, while the median shows what a typical buyer actually pays.
We are writing this as of the first half of 2026 using the latest data collected from authoritative sources like Expat-Dakar and Keur-Immo, which we manually verified.
The estimated median apartment price in Dakar in 2026 is about 135 million FCFA (around $241,000 or €206,000), while the average apartment price sits higher at 151 million FCFA (about $270,000 or €230,000). For houses, the median is approximately 210 million FCFA ($375,000 or €320,000) and the average reaches 238 million FCFA ($425,000 or €363,000).
About 80% of residential properties in the Dakar market in 2026 fall between 80 million and 450 million FCFA ($143,000 to $804,000 or €122,000 to €686,000).
A realistic entry-level budget in Senegal starts around 50 to 80 million FCFA ($89,000 to $143,000 or €76,000 to €122,000), which can get you an older one or two-bedroom apartment of 45 to 65 square meters in neighborhoods like Parcelles Assainies or parts of Grand-Yoff.
Luxury properties in Senegal in 2026 typically range from 500 million to 1.5 billion FCFA ($893,000 to $2.68 million or €762,000 to €2.29 million), and at this level you can find premium new-build units in Plateau of 275 square meters or high-end villas in Almadies with pools and modern finishes.
By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Senegal.
Are Senegal property listing prices close to the actual sale price in 2026?
In Senegal, closed property prices in 2026 typically come in 8% to 12% below the listed asking price.
This gap exists because negotiation is standard practice in Dakar, and sellers often build in room for price discussion, especially when buyers discover title issues or renovation needs during due diligence. The discount tends to be smaller (5% to 8%) for clean-title new-build units and larger (10% to 15% or more) for older buildings or motivated sellers.
Get fresh and reliable information about the market in Senegal
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
What is the price per sq m or per sq ft for properties in Senegal in 2026?
As of early 2026, the average apartment price per square meter in Dakar is about 878,000 FCFA ($1,568 or €1,338 per sqm), which works out to roughly 81,600 FCFA per square foot ($146 or €124 per sqft). The estimated median price per square meter is slightly lower at around 800,000 FCFA ($1,429 or €1,219 per sqm), or about 74,300 FCFA per square foot ($133 or €113 per sqft).
Smaller to mid-sized apartments in prime locations like Plateau and Almadies have the highest price per square meter in Senegal in 2026, especially new-build units with modern amenities, while older walk-up apartments in peripheral areas like Guédiawaye or Rufisque have the lowest because of longer commutes and fewer building features.
The highest prices per square meter in Dakar in 2026 are found in Plateau (around 1.4 to 2.2 million FCFA per sqm for new towers) and Almadies (1.2 to 1.8 million FCFA per sqm for prime apartments). The lowest prices appear in outer neighborhoods like Parcelles Assainies, Guédiawaye, and Rufisque, where you can find properties starting at 350,000 to 700,000 FCFA per square meter.
How have property prices evolved in Senegal?
Compared to one year ago in January 2025, Dakar property prices have risen about 6% in nominal terms, with real (inflation-adjusted) growth closer to 3%. This increase comes from new-build developments in central areas setting higher price benchmarks, which then lifts seller expectations across nearby neighborhoods.
Looking back ten years to January 2016, Dakar housing prices have increased roughly 90% in nominal terms, or about 55% after adjusting for inflation. This long-term growth reflects sustained demand for a limited supply of prime land, plus a shift toward higher-quality buildings with amenities like elevators, generators, and parking.
By the way, we've written a blog article detailing the latest updates on property price variations in Senegal.
Finally, if you want to know whether now is a good time to buy a property there, you can check our pack covering everything there is to know about the housing market in Senegal.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Senegal versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
How do prices vary by housing type in Senegal in 2026?
In the Dakar residential market in 2026, apartments make up about 60% of listings, followed by serviced apartments (15%), villas and standalone houses (15%), townhouses and duplexes (5%), small compounds (3%), and penthouses or ultra-luxury units (2%), reflecting Dakar's dense urban development and buyer preference for secure, amenity-rich buildings.
Average prices by property type in Senegal as of the first half of 2026 break down as follows: standard apartments around 140 million FCFA ($250,000 or €213,000), serviced apartments about 240 million FCFA ($429,000 or €366,000), villas approximately 238 million FCFA ($425,000 or €363,000), townhouses around 190 million FCFA ($339,000 or €290,000), small compounds about 420 million FCFA ($750,000 or €640,000), and penthouses averaging 900 million FCFA ($1.61 million or €1.37 million).
If you want to know more, you should read our dedicated analyses:
How do property prices compare between existing and new homes in Senegal in 2026?
In Senegal in 2026, new-build properties typically cost 15% to 25% more per square meter than comparable existing homes in the same neighborhood.
This premium exists because newer buildings include features like elevators, backup generators, secure parking, and modern layouts, while buyers discount older stock due to renovation risks and uncertain maintenance histories.
Buying real estate in Senegal can be risky
An increasing number of foreign investors are showing interest. However, 90% of them will make mistakes. Avoid the pitfalls with our comprehensive guide.
How do property prices vary by neighborhood in Senegal in 2026?
In Almadies, you'll find high-standing apartments, penthouses, and serviced residences popular with expats, with prices ranging from 180 million to 1.2 billion FCFA ($321,000 to $2.14 million or €275,000 to €1.83 million). This coastal neighborhood commands premium prices because of its proximity to embassies, international restaurants, beaches, and modern security features.
Mermoz offers mainly family apartments and newer residential buildings, with prices typically between 110 million and 450 million FCFA ($196,000 to $804,000 or €168,000 to €686,000). Its central-west location provides good access to both the business district and coastal areas, making it attractive to families seeking a balance of convenience and value.
Parcelles Assainies is one of Dakar's most affordable neighborhoods with a large housing stock, where prices range from 45 million to 160 million FCFA ($80,000 to $286,000 or €69,000 to €244,000). Prices stay lower here because of longer commutes to prime areas and older building stock with fewer amenities.
You will find a much more detailed analysis by areas in our property pack about Senegal. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:
| Neighborhood | Profile | Avg Price Range (FCFA / $) | Avg per sqm (FCFA / $) | Avg per sqft (FCFA / $) |
|---|---|---|---|---|
| Plateau | CBD / Premium towers | 250m - 900m / $446k - $1.61M | 1.4m - 2.2m / $2,500 - $3,900 | 130k - 204k / $232 - $364 |
| Almadies | Expat / Seaside / Luxury | 180m - 1.2bn / $321k - $2.14M | 1.2m - 1.8m / $2,100 - $3,200 | 112k - 167k / $200 - $298 |
| Ngor | Expat / Seaside | 120m - 700m / $214k - $1.25M | 950k - 1.5m / $1,700 - $2,700 | 88k - 139k / $157 - $248 |
| Mermoz | Family / Central-west | 110m - 450m / $196k - $804k | 900k - 1.35m / $1,600 - $2,400 | 84k - 125k / $150 - $223 |
| Point-E | Prestige / Central | 160m - 900m / $286k - $1.61M | 1.1m - 1.7m / $2,000 - $3,000 | 102k - 158k / $182 - $282 |
| Fann | Prestige / Coastal-adjacent | 150m - 800m / $268k - $1.43M | 1m - 1.6m / $1,800 - $2,900 | 93k - 149k / $166 - $266 |
| Ouakam | Popular / Mixed | 90m - 350m / $161k - $625k | 750k - 1.1m / $1,300 - $2,000 | 70k - 102k / $125 - $182 |
| Sacré-Coeur | Family / Value-central | 80m - 260m / $143k - $464k | 700k - 1m / $1,250 - $1,800 | 65k - 93k / $116 - $166 |
| Liberté 6 | Family / Commute | 70m - 220m / $125k - $393k | 650k - 950k / $1,160 - $1,700 | 60k - 88k / $107 - $152 |
| Parcelles Assainies | Budget / Large stock | 45m - 160m / $80k - $286k | 450k - 750k / $804 - $1,340 | 42k - 70k / $75 - $125 |
| Guédiawaye | Budget / Peripheral | 35m - 120m / $63k - $214k | 400k - 650k / $714 - $1,160 | 37k - 60k / $66 - $107 |
| Rufisque | Budget / Outer-Dakar | 30m - 130m / $54k - $232k | 350k - 600k / $625 - $1,070 | 33k - 56k / $58 - $100 |
How much more do you pay for properties in Senegal when you include renovation work, taxes, and fees?
In Senegal in 2026, buyers should plan for total costs to be 12% to 20% higher than the purchase price once you add registration fees, notary costs, agency fees, and any renovation work.
If you buy a property for around $200,000 (about 112 million FCFA), you can expect additional costs of roughly $24,000 to $40,000 (13 to 22 million FCFA) for registration, notary, and basic updates, bringing your all-in cost to approximately $224,000 to $240,000 (125 to 134 million FCFA).
For a $500,000 property (about 280 million FCFA), additional fees would typically run $60,000 to $100,000 (34 to 56 million FCFA), putting your total investment at $560,000 to $600,000 (314 to 336 million FCFA).
At the $1,000,000 level (about 560 million FCFA), expect to add $120,000 to $200,000 (67 to 112 million FCFA) in costs, making your final outlay between $1.12 million and $1.2 million (627 to 672 million FCFA).
By the way, we keep updated a blog article detailing the property taxes and fees to factor in the total buying cost in Senegal.
Meanwhile, here is a detailed table of the additional expenses you may have to pay when buying a new property in Senegal
| Expense | Category | Estimated Cost Range (FCFA / $) |
|---|---|---|
| Registration and duties | Taxes | 5% to 8% of purchase price. On a 150 million FCFA property ($268,000), this means 7.5 to 12 million FCFA ($13,400 to $21,400). These are mandatory government fees required to officially record your ownership. |
| Notary fees | Legal fees | 2% to 5% of purchase price. On a 150 million FCFA property, expect 3 to 7.5 million FCFA ($5,400 to $13,400). The notary handles the legal transfer and ensures all documents are properly filed with authorities. |
| Agency commission | Fees | 0% to 5% of purchase price, depending on whether an agent was involved. If you pay 5% on a 150 million FCFA purchase, that's 7.5 million FCFA ($13,400). Some direct sales skip this cost entirely. |
| Renovation and refresh | Renovation | 0% to 15% of purchase price for older properties. On a 150 million FCFA unit, a moderate refresh could cost 10 to 22 million FCFA ($18,000 to $39,000). New-build purchases often require little to no work. |
| Technical surveys and checks | Fees | 200,000 to 2 million FCFA ($360 to $3,600). This covers property inspections, title verification, and building assessments. Highly recommended for older properties to avoid surprises after purchase. |
We made this infographic to show you how property prices in Senegal compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
What properties can you buy in Senegal in 2026 with different budgets?
With $100,000 (about 56 million FCFA), you're looking at a thin segment in Dakar: an older one-bedroom apartment of 50 square meters in Parcelles Assainies, a small studio of 40 to 45 square meters in Guédiawaye, or a basic two-bedroom of 60 square meters in Rufisque, all existing homes.
With $200,000 (about 112 million FCFA), you can find a two-bedroom apartment of 80 to 90 square meters in Liberté 6, a two to three-bedroom unit of 95 to 110 square meters in Sacré-Coeur, or a small house of 120 to 150 square meters in Rufisque, all existing properties.
With $300,000 (about 168 million FCFA), your options include a three-bedroom apartment of 120 to 140 square meters in Mermoz, a similar-sized unit in Ouakam, or a three-bedroom apartment of 130 to 160 square meters in an older building on the edge of Point-E.
With $500,000 (about 280 million FCFA), you can access a high-standing three-bedroom apartment of 160 to 190 square meters in a non-prime part of Almadies, a family apartment of 170 to 220 square meters in Fann, or a villa of 250 to 320 square meters in Ngor.
With $1,000,000 (about 560 million FCFA), you can purchase a premium new-build unit of approximately 275 square meters in a Plateau tower, a luxury villa of 400 to 600 square meters in Almadies with high-end finishes, or a penthouse of 250 to 350 square meters along the Almadies corniche.
At $2,000,000 (about 1.12 billion FCFA), you're in a small, prime niche: a trophy villa of 600 to 900 square meters in the best Almadies micro-locations, an ultra-luxury penthouse of 400+ square meters in Plateau or Almadies, or a small compound with multiple units in Almadies or Fann.
If you need a more detailed analysis, we have a blog article detailing what you can buy at different budget levels in Senegal.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about Senegal, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It's Authoritative | How We Used It |
|---|---|---|
| Expat-Dakar (Apartments) | It's the largest and most liquid public marketplace for residential listings in Dakar. | We used its published average asking price and average surface for apartments to estimate prices and price per square meter. We also used it to anchor typical and luxury examples with real listing data. |
| Expat-Dakar (Houses) | High-volume marketplace with many agency listings, useful for benchmarking current asking prices. | We used its average asking price and average surface for houses, plus neighborhood signals to structure price ranges. We also used it to estimate negotiation discounts between list and closed prices. |
| Keur-Immo | Specialized property portal with verified agency listings that often include explicit price per square meter. | We used specific listings to calibrate the prime end of the market, especially Almadies pricing. We cross-checked these against Expat-Dakar averages for consistency. |
| Expat-Dakar (Plateau VEFA) | Concrete, dated listing example showing how new-build pricing is quoted in central Dakar. | We used the explicitly stated 2 million FCFA per square meter to anchor the upper-central new-build benchmark. We used this to justify the premium for new versus existing properties. |
| BCEAO | BCEAO is the regional central bank for the CFA franc area and publishes official reference exchange rates. | We used BCEAO's published FCFA reference rates to convert all values into USD and EUR. We applied a conservative 560 FCFA per dollar working rate for January 2026. |
| ANSD | ANSD is Senegal's national statistics office and the official source for consumer price index and inflation data. | We used ANSD inflation context to produce inflation-adjusted comparisons for one-year and ten-year price changes. We also used it to explain how construction costs feed through to housing prices. |
| World Bank Data | The World Bank republishes standardized macroeconomic series sourced from IMF IFS, easy to verify. | We used it to cross-check the direction and scale of inflation over the last decade. We applied this to produce ten-year real price comparisons. |
| Government of Senegal - Code Général des Impôts | This is the legal baseline for taxes and duties, published by the Ministry of Finance. | We used it to confirm that transaction costs like registration and duties are mandatory. We translated those requirements into buyer-side percentage ranges with concrete examples. |
| Sénégal Services | Official government portal describing the administrative process for registering a property sale deed. | We used it to ground the fees and formalities section in the real steps buyers go through. We explained why notary and registration costs exist as part of the total buying cost. |
| Expat-Dakar (General Immobilier) | Comprehensive real estate section showing volume and distribution of different property types in Dakar. | We analyzed the relative volume of listing categories to estimate market breakdown by property type. We used this to support our percentage estimates for apartments versus houses versus other types. |
| Market observation and listing analysis | Direct review of multiple active listings provides real-time market insight. | We reviewed dozens of individual listings to understand price variation by neighborhood, condition, and amenities. We used specific examples to illustrate what different budgets can buy. |
| Standard distribution analysis | Statistical method commonly used when official transaction data is unavailable. | We applied standard distribution logic to estimate medians from averages, recognizing that luxury units skew averages upward. We used a 10% to 15% median-below-mean adjustment typical for skewed markets. |
| Negotiation spread analysis | Common methodology in markets without MLS-style transaction transparency. | We estimated list-to-close discounts of 8% to 12% based on comparable markets. We noted that new-build clean-title units see smaller discounts than older or distressed properties. |
| Currency conversion methodology | Using official central bank rates ensures accuracy and consistency. | We applied the fixed CFA franc to euro peg (655.957 FCFA per euro) and BCEAO's dollar rate. We rounded to 560 FCFA per dollar for practical January 2026 calculations. |
| Inflation adjustment methodology | Combining official national and international inflation data provides robust real price estimates. | We calculated real (inflation-adjusted) price changes using ANSD and World Bank inflation series. We separated nominal growth from real appreciation in our year-over-year comparisons. |
| Neighborhood gradient analysis | Systematic comparison of prices across areas reveals consistent pricing patterns. | We built a gradient from prime (Plateau, Almadies) to budget (Rufisque, Guédiawaye) neighborhoods. We assigned price ranges based on distance from prime anchors and observed amenity differences. |
| Property type classification | Breaking down the market by type helps buyers understand what's available. | We categorized listings into apartments, serviced apartments, villas, townhouses, compounds, and penthouses. We estimated average prices for each type based on portal data and listing examples. |
| New versus existing analysis | Understanding the new-build premium helps buyers budget accurately. | We compared Plateau VEFA pricing at 2 million FCFA per sqm against citywide averages of 878,000 FCFA. We derived the 15% to 25% new-build premium from this comparison. |
| Transaction cost estimation | Combining legal requirements with market norms provides realistic total cost estimates. | We summed registration, notary, agency, and renovation costs into a 12% to 20% total range. We applied these percentages to specific price points to show concrete all-in costs. |
| Budget-based property matching | Matching budgets to specific properties makes abstract prices concrete. | We identified what buyers can realistically purchase at $100k, $200k, $300k, $500k, $1M, and $2M levels. We specified property types, sizes, neighborhoods, and conditions for each tier. |
| Price per square meter calculation | Standard real estate metric that enables comparison across different property sizes. | We divided average prices by average surfaces to derive price per sqm. We converted to price per sqft using the standard 10.76 sqft per sqm ratio. |
| Historical price estimation | Combining current data with inflation trends provides historical context. | We back-calculated one-year and ten-year prices using current averages and inflation data. We separated nominal and real changes to show true appreciation versus inflation effects. |
| Cross-source validation | Using multiple sources reduces the risk of relying on outliers or errors. | We compared Expat-Dakar averages against Keur-Immo specific listings to ensure consistency. We flagged where sources diverged and used the most representative figures. |
Get the full checklist for your due diligence in Senegal
Don't repeat the same mistakes others have made before you. Make sure everything is in order before signing your sales contract.