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What are housing prices like in Dakar right now? (2026)

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Authored by the expert who managed and guided the team behind the Senegal Property Pack

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As of 2026, housing prices in Dakar are still high compared with most Senegalese cities, especially in the coastal and central neighborhoods.

In this article, we explain the current residential property prices in Dakar, using simple ranges, local examples, and fresh market data.

We constantly update this blog post so buyers can keep a clear view of the Dakar real estate market in 2026.

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 Dakar.

Insights

  • The median housing price in Dakar in 2026 is about 145 million XOF, which is more useful than the average because luxury villas strongly pull the average upward.
  • Most residential properties in Dakar in 2026 sit between 45 million XOF and 550 million XOF, so the city has both entry apartments and very expensive prime homes.
  • A normal family buyer in Dakar should usually think in the 100 million XOF to 250 million XOF range, not in the entry-level range seen in outer areas.
  • The Dakar apartment market is easier to read than the villa market because apartments are more common and have clearer price per square meter benchmarks.
  • Prime Dakar neighborhoods such as Almadies, Fann, Point E, Plateau, and Ngor can cost two to three times more per square meter than outer areas.
  • Listing prices in Dakar are often about 8% to 13% above likely sale prices, but the discount can be much smaller for rare coastal homes.
  • New-build homes in Dakar usually cost about 12% to 20% more than older homes because buyers pay for lower technical risk and better building services.
  • For a buyer with $200,000, Dakar still offers real options, but mostly in practical mid-market areas such as Sacré-Cœur, Liberté, Ouakam, or Yoff.
  • Taxes, fees, and renovation can add 10% to 30% to a Dakar property purchase, so the buying price is not the final budget.

What is the average housing price in Dakar in 2026?

The median housing price in Dakar is more useful than the average housing price because Dakar has many mid-market apartments, but a small number of very expensive villas and sea-view apartments push the average much higher.

We are writing this as of 2026 with the latest data collected from authoritative sources that we manually double checked.

In 2026, the median housing price in Dakar is about 145 million XOF, or about $258,000 and €221,000. The average housing price in Dakar in 2026 is about 195 million XOF, or about $348,000 and €297,000.

For about 80% of the residential property market in Dakar in 2026, a realistic price range is roughly 45 million XOF to 550 million XOF, or about $80,000 to $980,000 and €69,000 to €838,000.

A realistic entry range in Dakar in 2026 is about 30 million XOF to 70 million XOF, or about $53,000 to $125,000 and €46,000 to €107,000, which can buy a small 45 to 60 square meter apartment in Diamniadio, Parcelles Assainies, outer Yoff, or lower-cost pockets of Ouakam.

A realistic luxury range in Dakar in 2026 is about 350 million XOF to 1.2 billion XOF, or about $624,000 to $2.14 million and €534,000 to €1.83 million, which can buy a large sea-view apartment or villa in Almadies, Fann Résidence, Point E, Ngor, or Plateau.

By the way, you will find much more detailed price ranges in our property pack covering the real estate market in Dakar.

Sources and methodology: we used Properstar Dakar, Numbeo Dakar, and Keur-Immo apartment listings. We treated listing prices as asking prices, then adjusted them for normal negotiation in Dakar. We used the median because Dakar luxury villas can distort the average.

Are Dakar property listing prices close to the actual sale price in 2026?

In 2026, Dakar property listing prices are usually about 8% to 13% higher than the likely final sale price, with a central estimate near 10%.

This gap exists because many sellers in Dakar price against land scarcity, replacement cost, and diaspora demand, while many buyers remain limited by cash needs and expensive credit. The gap is usually smallest for rare homes in Almadies, Ngor, Plateau, Fann, and Point E, and largest for overpriced villas or homes with unclear documents.

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What is the price per sq m or per sq ft for properties in Dakar in 2026?

As of 2026, the median housing price in Dakar is about 1.05 million XOF per square meter, or about $1,871 and €1,601, which equals about 97,500 XOF per square foot, or about $174 and €149. The average housing price in Dakar is about 1.15 million XOF per square meter, or about $2,050 and €1,753, which equals about 106,800 XOF per square foot, or about $190 and €163.

The highest price per square meter in Dakar in 2026 is usually found in small to mid-sized new apartments in prime coastal and central areas, while the lowest price per square meter is usually found in larger older houses or basic apartments in outer districts because land access, commute time, and building quality are less attractive.

The highest price per square meter in Dakar is usually found in Almadies, Ngor, Fann, Point E, Plateau, and Corniche areas, with typical ranges from about 1.5 million XOF to more than 3 million XOF per square meter. The lowest range is usually found in Parcelles Assainies, Diamniadio, outer Yoff, Medina pockets, and some edge areas, with typical ranges from about 550,000 XOF to 950,000 XOF per square meter.

Sources and methodology: we used Properstar Dakar, Numbeo Dakar, and Keur-Immo apartment listings. We converted square meter prices into square foot prices using 1 square meter equal to 10.764 square feet. We rounded the figures so buyers can read the Dakar ranges quickly.

How have property prices evolved in Dakar?

Dakar residential property prices in 2026 are about 5% higher than one year earlier in nominal terms. After inflation, the real increase is closer to 3.5% to 4%, mainly because land is scarce and construction costs are not falling.

Compared with 2024, Dakar housing prices are likely up by roughly 10% to 13% in nominal terms. The rise is linked to steady demand from local families, diaspora buyers, expatriates, and investors looking for central or coastal homes.

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 Dakar.

Sources and methodology: we used ANSD inflation data, ANSD construction cost data, and Properstar Dakar. We separated nominal price growth from inflation-adjusted growth. We used construction costs to understand why new homes in Dakar have not become cheaper.

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How do prices vary by housing type in Dakar in 2026?

In Dakar in 2026, apartments make up about 55% of visible residential listings, condos or serviced residences about 10%, houses about 15%, villas about 12%, new-build apartments about 6%, and luxury villas or penthouses about 2%, because the city has a large apartment stock but a much smaller supply of premium land.

In Dakar as of 2026, apartments usually average around 130 million XOF, or about $232,000 and €198,000, while serviced residences average around 210 million XOF, or about $374,000 and €320,000. Houses and townhouses average around 160 million XOF, or about $285,000 and €244,000, villas average around 420 million XOF, or about $749,000 and €640,000, new-build apartments average around 180 million XOF, or about $321,000 and €274,000, and luxury villas or penthouses average around 900 million XOF, or about $1.6 million and €1.37 million.

If you want to know more, you should read our dedicated analyses:

Sources and methodology: we used Properstar Senegal, Keur-Immo apartment listings, and Keur-Immo villa listings. We grouped homes by type and adjusted for the fact that listings are not final sale prices. We kept the ranges broad because Dakar villas vary a lot by plot size and location.

How do property prices compare between existing and new homes in Dakar in 2026?

In Dakar in 2026, a new-build residential property usually costs about 12% to 20% more than a comparable existing home, with a central estimate near 15%.

This premium exists because buyers in Dakar often pay extra for a clearer building condition, parking, elevators, water backup, security, and fewer immediate renovation problems.

Sources and methodology: we used ANSD construction cost data, Keur-Immo apartment listings, and Properstar Dakar. We compared new and existing listings in similar Dakar neighborhoods. We used construction-cost pressure to explain why new-build prices remain firm.

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How do property prices vary by neighborhood in Dakar in 2026?

In Almadies and Ngor, buyers mostly find villas, luxury apartments, and serviced residences, with common price ranges from about 180 million XOF to 900 million XOF, or about $321,000 to $1.6 million and €274,000 to €1.37 million. These areas are expensive because coastal land is scarce and demand comes from expatriates, executives, embassies, NGOs, and diaspora buyers.

In Fann, Point E, and Plateau, buyers mostly find large apartments, renovated family homes, and some prime villas, with common price ranges from about 180 million XOF to 800 million XOF, or about $321,000 to $1.43 million and €274,000 to €1.22 million. These neighborhoods are expensive because they are central, established, and close to offices, clinics, schools, and the Corniche.

In Mermoz, Sacré-Cœur, Liberté, Ouakam, and Yoff, buyers mostly find practical apartments, family flats, and smaller houses, with common price ranges from about 60 million XOF to 350 million XOF, or about $107,000 to $624,000 and €91,000 to €534,000. These areas are popular because they offer better value than prime coastal Dakar while staying usable for everyday life.

You will find a much more detailed analysis by areas in our property pack about Dakar. Meanwhile, here is a quick summary table we have made so you can understand how prices change across areas:

Dakar neighborhood Market label Typical total price Typical price per sq m Typical price per sq ft
Almadies Luxury and expat 300m to 900m XOF
$535k to $1.60m
1.7m to 3.0m XOF
$3,030 to $5,347
158k to 279k XOF
$282 to $497
Ngor / Virage Coastal and popular 180m to 650m XOF
$321k to $1.16m
1.2m to 2.4m XOF
$2,139 to $4,278
111k to 223k XOF
$199 to $398
Fann Résidence Prestige family area 250m to 800m XOF
$446k to $1.43m
1.5m to 2.8m XOF
$2,674 to $4,991
139k to 260k XOF
$248 to $464
Point E Central professional 180m to 600m XOF
$321k to $1.07m
1.4m to 2.5m XOF
$2,495 to $4,456
130k to 232k XOF
$232 to $414
Plateau / Corniche Business and premium 220m to 700m XOF
$392k to $1.25m
1.6m to 3.0m XOF
$2,852 to $5,347
149k to 279k XOF
$265 to $497
Mermoz Upper-mid family 120m to 350m XOF
$214k to $624k
1.1m to 2.0m XOF
$1,961 to $3,565
102k to 186k XOF
$182 to $331
Sacré-Cœur Family and rental 80m to 220m XOF
$143k to $392k
850k to 1.45m XOF
$1,515 to $2,584
79k to 135k XOF
$141 to $240
Liberté Commute and middle class 70m to 180m XOF
$125k to $321k
750k to 1.25m XOF
$1,337 to $2,228
70k to 116k XOF
$124 to $207
Ouakam Mixed and value 75m to 250m XOF
$134k to $446k
850k to 1.6m XOF
$1,515 to $2,852
79k to 149k XOF
$141 to $265
Yoff Airport and value 60m to 220m XOF
$107k to $392k
700k to 1.3m XOF
$1,248 to $2,317
65k to 121k XOF
$116 to $215
Medina Central older stock 55m to 170m XOF
$98k to $303k
650k to 1.15m XOF
$1,159 to $2,050
60k to 107k XOF
$108 to $190
Parcelles Assainies / Diamniadio Entry and growth 30m to 120m XOF
$53k to $214k
550k to 950k XOF
$980 to $1,693
51k to 88k XOF
$91 to $157
Sources and methodology: we used Properstar Dakar, Numbeo Dakar, and Keur-Immo villa listings. We matched listing examples with neighborhood reputation and likely buyer demand. We kept ranges wide because one Dakar neighborhood can contain both basic homes and luxury homes.

How much more do you pay for properties in Dakar when you include renovation work, taxes, and fees?

In Dakar in 2026, buyers should usually add about 10% to 15% to the purchase price for a clean apartment, 18% to 30% for an older home with renovation, and 25% to 45% for a villa or heavy renovation project.

If you buy a Dakar property around $200,000, that is about 112 million XOF before taxes, fees, and renovation. A realistic extra cost is about 22 million XOF to 34 million XOF, or about $39,000 to $61,000, so the all-in budget can end near 134 million XOF to 146 million XOF.

If you buy a Dakar property around $500,000, that is about 281 million XOF before extra costs. A realistic extra cost is about 56 million XOF to 84 million XOF, or about $100,000 to $150,000, so the all-in budget can end near 337 million XOF to 365 million XOF.

If you buy a Dakar property around $1,000,000, that is about 561 million XOF before extra costs. A realistic extra cost is about 140 million XOF to 168 million XOF, or about $250,000 to $300,000, so the all-in budget can end near 701 million XOF to 729 million XOF.

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 Dakar

Extra expense Type Estimated cost range in Dakar
Registration or transfer tax Tax Usually about 5% to 10% of the purchase price. On a 100 million XOF property, this can mean about 5 million XOF to 10 million XOF, or about $9,000 to $18,000. The exact amount depends on the legal structure and transaction details.
Notary fees Legal and mandatory Usually about 1% to 4% of the purchase price. On a 100 million XOF property, this can mean about 1 million XOF to 4 million XOF, or about $1,800 to $7,100. Buyers should check the estimate before signing.
Land registry, admin, and stamps Fees Usually about 0.5% to 1.5% of the purchase price. On a 100 million XOF property, this can mean about 500,000 XOF to 1.5 million XOF, or about $900 to $2,700. These costs are smaller but should not be ignored.
Buyer agent commission Agency Usually from 0% to 3% of the purchase price. On a 100 million XOF property, this can mean up to 3 million XOF, or about $5,300. Some sellers already include part of this cost in the asking price.
Legal due diligence Legal Usually about 0.5% to 1.5% of the purchase price. On a 100 million XOF property, this can mean about 500,000 XOF to 1.5 million XOF, or about $900 to $2,700. This is important in Dakar because title checks matter a lot.
Light renovation Renovation Usually about 5% to 10% of the purchase price. On a 100 million XOF property, this can mean about 5 million XOF to 10 million XOF, or about $9,000 to $18,000. This often covers painting, small repairs, and basic updates.
Heavy renovation Renovation Usually about 15% to 35% of the purchase price. On a 100 million XOF property, this can mean about 15 million XOF to 35 million XOF, or about $27,000 to $62,000. Older villas and houses can easily fall in this range.
Furniture and appliances Fit-out Usually about 3% to 10% of the purchase price. On a 100 million XOF property, this can mean about 3 million XOF to 10 million XOF, or about $5,300 to $18,000. This matters if the buyer wants the home ready for rental.
Sources and methodology: we used Expat.com Senegal property guide, ANSD construction cost data, and Dakar listing checks. We separated mandatory purchase costs from renovation and fit-out costs. We used simple percentages because real invoices depend on the property condition.
infographics comparison property prices Dakar

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 Dakar in 2026 with different budgets?

With $100,000, or about 56 million XOF, the Dakar market is narrow, but a buyer may find a 45 to 55 square meter new or recent one-bedroom apartment in Diamniadio, a 45 to 60 square meter older apartment in Parcelles Assainies, or a small 40 to 50 square meter studio in outer Yoff or Medina.

With $200,000, or about 112 million XOF, a buyer in Dakar may find a 90 to 110 square meter existing two-bedroom apartment in Sacré-Cœur, a 100 to 120 square meter family apartment in Liberté, or an 80 to 100 square meter newer apartment in Ouakam or Yoff.

With $300,000, or about 168 million XOF, a buyer in Dakar may find a 120 to 150 square meter existing or renovated three-bedroom apartment in Mermoz, a 130 to 160 square meter older family apartment near Point E or Fann, or a 150 to 200 square meter existing townhouse in Ouakam.

With $500,000, or about 281 million XOF, a buyer in Dakar may find a 160 to 220 square meter premium apartment in Point E, a 180 to 240 square meter large apartment in Fann or Mermoz, or a 220 to 300 square meter existing house in Yoff, Ouakam, or the edge of Ngor.

With $1,000,000, or about 561 million XOF, a buyer in Dakar can enter the luxury market and may find a 250 to 350 square meter luxury apartment in Plateau or Corniche, a 300 to 450 square meter renovated villa near Ngor or Almadies, or a large family villa in Fann or Point E.

With $2,000,000, or about 1.12 billion XOF, Dakar has a very small ultra-prime market, but a buyer may find a large luxury villa in Almadies, a sea-view premium villa or compound near Ngor or the Corniche, or a very large prestige residence in Fann Résidence or Point E.

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 Dakar, 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 used Why this source matters How we used this source
ANSD consumer price index ANSD is Senegal’s official statistics agency, so it is the strongest source for inflation context. We used it to separate property price growth from general inflation. We also used it to avoid overstating real price growth in Dakar.
ANSD construction cost index This official index tracks the cost of new residential construction in Senegal. We used it to understand why new-build prices in Dakar remain firm. We also used it to estimate renovation and replacement-cost pressure.
ANSD Senegal population report 2025 This official demographic report helps explain why Dakar has such strong housing demand. We used it to show the population weight of Dakar. We also used it to support the long-term demand argument.
BCEAO BCEAO is the monetary authority for Senegal and the West African CFA franc zone. We used it to understand credit conditions and the wider interest-rate environment. We also used it to explain why mortgage affordability remains tight.
Properstar Dakar price index Properstar gives a visible Dakar listing-price benchmark based on published property listings. We used it as the main price per square meter benchmark for Dakar. We then adjusted the figures because listing prices are not the same as final sale prices.
Properstar Senegal price index This source gives a broader Senegal benchmark and helps compare apartments with houses. We used it to cross-check Dakar against the wider Senegal market. We also used it to compare apartment and house price levels.
Numbeo Dakar property prices Numbeo is not official, but it gives a useful public cross-check for city-centre and outside-centre prices. We used it only as a secondary check. We did not use it as the only source for any key Dakar estimate.
Keur-Immo Dakar apartment listings Keur-Immo gives live Dakar apartment asking-price examples from a local real estate website. We used it to check whether our apartment ranges matched real listings. We also used it to build realistic buyer-budget examples.
Keur-Immo Dakar villa and house listings This source gives live evidence for villas and detached homes in Dakar. We used it to estimate higher-end house and villa ranges. We also used it to sanity-check the luxury segment.
Xe EUR to XOF rate Xe is a widely used currency data provider, and the EUR to XOF peg is stable. We used it to convert CFA franc prices into euros. We used the fixed euro peg to avoid unnecessary currency noise.
Exchange-Rates.org USD to XOF 2026 history This source gives dated 2026 USD to XOF exchange-rate history. We used the 2026 average as a practical article conversion rate. We rounded dollar figures so the numbers remain easy to read.
World Bank Senegal resilience story The World Bank gives helpful context on Dakar’s concentration of people, activity, and infrastructure pressure. We used it to explain why Dakar land remains under pressure. We also used it to support the long-term urban-demand discussion.
Expat.com Senegal property guide This guide is useful for buyer-side property costs and practical purchase steps in Senegal. We used it to cross-check registration tax and notary fee assumptions. We also used it to frame the total buying-cost section for non-professional buyers.

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