As of June 2026, a standard apartment in Dakar costs about 105 million to 120 million FCFA at the median, while the average apartment price in Dakar is closer to 130 million to 150 million FCFA because luxury units in Almadies, Fann, Point E and Plateau pull the average up.
Get all the data you need about the real estate market in Dakar
We compiled the latest available Dakar apartment price data for June 2026, and we keep this blog post constantly updated as new market information becomes available.
Because Dakar does not publish a clean official apartment transaction-price index, the most honest way to estimate prices is to combine official Senegal data with live apartment listings and our own market checks.
This guide focuses only on apartments in Dakar, so it is written for a foreign individual buyer who wants a clear budget before speaking with agents, sellers or banks.
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 average apartment price in Dakar in 2026 is higher than the median because a small number of premium Almadies, Fann and Plateau apartments distort the citywide number.
- A realistic foreign-buyer budget for a normal two-bedroom apartment in Dakar in 2026 is not 80 million FCFA, but closer to 95 million to 160 million FCFA all-in.
- The cheapest Dakar apartment areas are not always the safest buys, because low prices can hide weak title documents, poor building management or expensive repair needs.
- Ouakam, Yoff and Mamelles are important in 2026 because they sit between premium West Dakar demand and middle-market buyer budgets.
- For Dakar apartments in 2026, buying below 1.2 million FCFA per m² is often the key threshold for avoiding luxury-market overpayment.
- New-build apartments in Dakar usually cost 15% to 30% more than resale units, but the premium is mostly for location, title comfort, lift, parking and generator backup.
- Electricity matters more than water in a Dakar apartment budget, because air-conditioning, pumps and generator backup can quickly raise monthly running costs.
- A foreign cash buyer should budget at least 10% to 14% above the purchase price for closing costs in Dakar, even when the apartment title looks clean.
- In Dakar in 2026, the best risk-adjusted apartment buys are usually clean-title two-bedroom units in Ouakam, Yoff, Sacré-Cœur, Mamelles or selected Mermoz streets.
How much do apartments really cost in Dakar in 2026?
What's the average and median apartment price in Dakar in 2026?
As of June 2026, the estimated median apartment price in Dakar is about 105 million to 120 million FCFA, which is around 184,000 to 211,000 USD or 160,000 to 183,000 EUR, while the estimated average apartment price in Dakar is closer to 130 million to 150 million FCFA, or about 228,000 to 263,000 USD and 198,000 to 229,000 EUR.
In price per square meter terms, the median apartment price in Dakar in 2026 is about 1.05 million to 1.25 million FCFA per m², or about 1,840 to 2,190 USD and 1,600 to 1,900 EUR per m², which equals roughly 98,000 to 116,000 FCFA per sq ft, or 172 to 204 USD and 149 to 177 EUR per sq ft.
For most standard apartments in Dakar in 2026, a normal buyer should expect a broad price range of 65 million to 180 million FCFA, or about 114,000 to 316,000 USD and 99,000 to 274,000 EUR, with cheaper stock in Yoff, Ouakam, Liberté 6 and Parcelles Assainies and more expensive stock in Almadies, Fann, Point E and Plateau.
Sources and methodology: we compared Keur-Immo, Loger Sénégal and Numbeo with our Dakar apartment database.
We used ANSD construction-cost data to avoid treating every listing increase as a true market increase.
We rounded currency conversions using about 570 FCFA per USD and 656 FCFA per EUR.
How much is a studio apartment in Dakar in 2026?
As of June 2026, a typical studio apartment in Dakar costs about 35 million to 60 million FCFA, which is roughly 61,000 to 105,000 USD or 53,000 to 91,000 EUR.
In practical terms, entry-level to mid-range studios in Dakar usually cost 30 million to 45 million FCFA, or about 53,000 to 79,000 USD and 46,000 to 69,000 EUR, while high-end studios in Almadies, Ngor, Point E or Plateau can reach 50 million to 75 million FCFA, or about 88,000 to 132,000 USD and 76,000 to 114,000 EUR.
Most studio apartments in Dakar are about 30 m² to 45 m², so a buyer should be careful with very expensive studios that look affordable only because the unit is small.
Sources and methodology: we checked studio-style listings on Keur-Immo, Loger Sénégal and Numbeo.
We used our own Dakar size assumptions because many listings describe rooms rather than clear apartment categories.
We discounted asking prices where rent levels made the sale price look too aggressive.
How much is a one-bedroom apartment in Dakar in 2026?
As of June 2026, a typical one-bedroom apartment in Dakar costs about 55 million to 90 million FCFA, which is roughly 96,000 to 158,000 USD or 84,000 to 137,000 EUR.
For entry-level to mid-range one-bedroom apartments in Dakar, the realistic price range is about 50 million to 75 million FCFA, or 88,000 to 132,000 USD and 76,000 to 114,000 EUR, while high-end one-bedroom apartments in Almadies, Fann, Point E and Plateau often cost 80 million to 110 million FCFA, or 140,000 to 193,000 USD and 122,000 to 168,000 EUR.
Most one-bedroom apartments in Dakar are about 50 m² to 70 m², so price per m² matters more than the headline price when comparing neighborhoods.
Sources and methodology: we compared one-bedroom listings from Keur-Immo, Loger Sénégal and Properstar.
We checked rent logic with Numbeo Dakar because small apartments can be overpriced in premium areas.
We adjusted our estimate for lift, parking, generator, road access and sea proximity.
How much is a two-bedroom apartment in Dakar in 2026?
As of June 2026, a typical two-bedroom apartment in Dakar costs about 80 million to 140 million FCFA, which is roughly 140,000 to 246,000 USD or 122,000 to 213,000 EUR.
For entry-level to mid-range two-bedroom apartments in Dakar, the realistic price range is about 75 million to 120 million FCFA, or 132,000 to 211,000 USD and 114,000 to 183,000 EUR, while high-end two-bedroom apartments in Almadies, Point E, Fann and Plateau often cost 130 million to 180 million FCFA, or 228,000 to 316,000 USD and 198,000 to 274,000 EUR.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Dakar.
Sources and methodology: we studied two-bedroom asking prices on Keur-Immo, Loger Sénégal and Kolonell.
We compared the listings with our own Dakar apartment price bands by neighborhood.
We treated very large family flats as a separate category when they distorted the two-bedroom estimate.
How much is a three-bedroom apartment in Dakar in 2026?
As of June 2026, a typical three-bedroom apartment in Dakar costs about 120 million to 220 million FCFA, which is roughly 211,000 to 386,000 USD or 183,000 to 335,000 EUR.
For entry-level to mid-range three-bedroom apartments in Dakar, the realistic price range is about 95 million to 150 million FCFA, or 167,000 to 263,000 USD and 145,000 to 229,000 EUR, while high-end three-bedroom apartments in Mermoz, Point E, Fann and Almadies often cost 175 million to 250 million FCFA, or 307,000 to 439,000 USD and 267,000 to 381,000 EUR.
Most three-bedroom apartments in Dakar are about 100 m² to 150 m², which means a buyer should check whether the extra price is paying for useful space or just a prestigious address.
Sources and methodology: we reviewed family-apartment examples on Loger Sénégal, Keur-Immo and Properstar.
We separated normal family units from luxury sea-linked listings in Almadies, Fann and Plateau.
We used our internal Dakar price checks to smooth unrealistic asking-price spikes.
What's the price gap between new and resale apartments in Dakar in 2026?
As of June 2026, new-build apartments in Dakar usually cost about 15% to 30% more than resale apartments, with the premium rising to 30% to 45% for buildings with lift, generator, parking, pool, sea view or very strong title documentation.
The estimated average price for new-build apartments in Dakar in 2026 is about 1.4 million to 1.7 million FCFA per m², or about 2,460 to 2,980 USD and 2,130 to 2,590 EUR per m².
The estimated average price for resale apartments in Dakar in 2026 is about 1.05 million to 1.25 million FCFA per m², or about 1,840 to 2,190 USD and 1,600 to 1,900 EUR per m², although older units can be much cheaper if the building is basic or poorly managed.
Sources and methodology: we compared new and resale listings on Keur-Immo, Loger Sénégal and ANSD ICC.
We used the official construction-cost index to avoid assuming every new-build premium comes from materials.
We also checked whether the premium reflected title security, amenities and financing terms.
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Can I afford to buy in Dakar in 2026?
What's the typical total budget (all-in) to buy an apartment in Dakar in 2026?
As of June 2026, a standard apartment in Dakar needs a realistic all-in budget of about 92 million to 162 million FCFA for many two-bedroom buyers, which is around 161,000 to 284,000 USD or 140,000 to 247,000 EUR.
This all-in budget includes the agreed apartment price, transfer and registration taxes, notary costs, land-registry formalities, legal checks, possible agency fees, mortgage costs if financed, and a practical reserve for furniture, small repairs and moving.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Dakar property pack.
Sources and methodology: we used DGID tax law, Senegal’s Code Général des Impôts and DGID cadastre information.
We then added realistic buyer costs observed in Dakar apartment transactions.
We separated cash purchases from mortgage purchases because financing changes the true all-in budget.
What down payment is typical to buy in Dakar in 2026?
As of June 2026, a typical foreign buyer should expect a down payment of about 35% to 50%, so a 120 million FCFA apartment in Dakar may require 42 million to 60 million FCFA upfront, or about 74,000 to 105,000 USD and 64,000 to 91,000 EUR before closing costs.
The minimum down payment many lenders expect in Dakar is often around 20% to 30% for strong local salaried borrowers, but foreign buyers without Senegal-based income usually face stricter requirements.
A safer recommended down payment for favorable mortgage terms in Dakar is about 40% or more, because the bank wants comfort on income, currency risk, residency and resale value.
Sources and methodology: we used BCEAO, Numbeo affordability data and CAHF Senegal housing research.
We treated mortgage affordability as a cash-flow issue, not just a headline interest-rate issue.
We used higher down-payment assumptions for foreign buyers because lending risk is usually judged more strictly.
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Which neighborhoods are cheapest or priciest in Dakar in 2026?
How much does the price per m² for apartments vary by neighborhood in Dakar in 2026?
As of June 2026, apartment prices in Dakar vary from about 450,000 FCFA per m² in the cheapest outer areas to more than 2.2 million FCFA per m² in prime sea-linked and central areas, which is roughly 790 to 3,860 USD or 690 to 3,350 EUR per m².
In the most affordable Dakar apartment neighborhoods, such as Parcelles Assainies, Grand Yoff, Liberté 6, Yoff and parts of Ouakam, typical prices are about 450,000 to 1.05 million FCFA per m², or around 790 to 1,840 USD and 690 to 1,600 EUR per m².
In the most expensive Dakar apartment neighborhoods, such as Almadies, Fann Résidence, Plateau, Point E, Mermoz and sea-linked parts of Ngor or Virage, typical prices are about 1.2 million to 2.2 million FCFA per m², or around 2,110 to 3,860 USD and 1,830 to 3,350 EUR per m².
Sources and methodology: we grouped listings from Keur-Immo, Loger Sénégal and Kolonell by neighborhood.
We adjusted the bands for sea view, new-build status, lift, generator, parking and road access.
We used our own Dakar checks to avoid over-weighting a few very expensive luxury listings.
What neighborhoods are best for first-time buyers on a budget in Dakar in 2026?
As of June 2026, the top three Dakar neighborhoods for first-time buyers on a budget are Ouakam, Yoff and Liberté 6, because these areas still offer usable apartment stock below the most expensive West Dakar prices.
In these budget-friendly Dakar neighborhoods, a realistic apartment price range is about 60 million to 120 million FCFA, or about 105,000 to 211,000 USD and 91,000 to 183,000 EUR, depending on size, building age and title quality.
Ouakam gives access to West Dakar, Yoff offers beach-side appeal and larger supply, and Liberté 6 offers a more established urban environment with practical access to shops, services and transport.
The main trade-off is that cheaper Dakar apartments can have weaker building management, limited parking, older finishes or title questions, so the buyer must not skip legal and technical checks.
Sources and methodology: we compared budget listings on Keur-Immo, Loger Sénégal and CAHF.
We ranked neighborhoods by price, livability, liquidity and risk of overpaying.
We excluded low prices that seemed mainly linked to weak documents or poor infrastructure.
Which neighborhoods have the fastest-rising apartment prices in Dakar in 2026?
As of June 2026, Mamelles, Ouakam and Yoff appear to be the top three Dakar neighborhoods with the fastest-rising apartment prices for normal buyers, because they catch demand from people priced out of Almadies, Ngor and the most expensive western areas.
The estimated 2024 to 2026 apartment price increase is about 15% to 25% in Mamelles, 12% to 22% in Ouakam and 10% to 20% in Yoff, although these are market estimates rather than official transaction-index figures.
The main driver behind this price growth is western-Dakar spillover demand, new apartment supply, beach or airport-side appeal, and the shortage of clean-title homes at prices middle-income and diaspora buyers can still reach.
Sources and methodology: we used ANSD ICAS, Properstar and current portal repricing from Keur-Immo.
We treated rising asking prices carefully because service turnover and real transactions can move differently.
We gave more weight to neighborhoods where buyer demand is broad, not only luxury-driven.
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What extra costs will I pay on top of the apartment price in Dakar in 2026?
What are all the buyer closing costs when you buy an apartment in Dakar?
For a typical 120 million FCFA apartment in Dakar, total buyer closing costs are often about 12 million to 22 million FCFA, or roughly 21,000 to 39,000 USD and 18,000 to 34,000 EUR.
The main closing-cost categories in Dakar are registration and transfer duties, notary fees, land-registry formalities, mortgage registration if financed, bank charges, valuation checks, legal due diligence, possible agency fees and small administrative costs.
The largest closing cost for most Dakar apartment buyers is usually the tax and registration side of the transaction, not the notary fee itself.
Some costs can vary or be negotiated, especially agency fees, extra legal checks and bank charges, but taxes and official registration costs should be treated as fixed unless a notary confirms otherwise.
Sources and methodology: we used DGID, Senegal’s Code Général des Impôts and DGID cadastre guidance.
We converted the official cost categories into practical buyer budgets.
We added a stress case because unclear title or mortgage use can raise total costs.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Dakar?
In Dakar in 2026, buyers should usually budget about 10% to 14% of the purchase price for closing costs if buying cash with clean documents, and about 13% to 18% if using a mortgage.
The realistic low-to-high closing-cost range for most standard Dakar apartment transactions is about 10% to 18%, with the low end for clean cash purchases and the high end for financed deals or more complex paperwork.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Dakar.
Sources and methodology: we compared DGID tax rules, cadastre procedures and observed Dakar notarial transaction practice.
We separated cash and mortgage buyers because loan registration and bank fees change the total.
We advise foreign buyers to budget the higher end until the notary confirms the exact file.
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What are the ongoing monthly and yearly costs of an apartment in Dakar in 2026?
What are typical HOA fees in Dakar right now?
HOA or syndic fees are common in many Dakar apartment buildings, and a normal modern apartment in Dakar in 2026 often costs about 60,000 to 100,000 FCFA per month in building charges, or about 105 to 175 USD and 91 to 152 EUR.
The realistic range goes from about 15,000 to 35,000 FCFA per month for an older small building without a lift to 150,000 to 300,000 FCFA per month for a luxury building in Almadies, Fann or Point E with security, lift, generator, pool or gym, which is about 26 to 526 USD and 23 to 457 EUR.
Sources and methodology: we used amenities shown on Keur-Immo, Loger Sénégal and premium building examples on Properstar.
We grouped buildings by lift, generator, guard, parking, pool and shared-equipment needs.
We treated low HOA fees carefully because they can mean weak maintenance reserves.
What utilities should I budget monthly in Dakar right now?
For a typical apartment in Dakar in 2026, a realistic monthly utilities budget is about 80,000 to 170,000 FCFA, or around 140 to 298 USD and 122 to 259 EUR.
The realistic monthly utilities range is about 80,000 to 170,000 FCFA for normal use and about 180,000 to 320,000 FCFA for heavy air-conditioning or a premium apartment, which equals roughly 140 to 561 USD or 122 to 488 EUR.
This Dakar utilities budget usually includes electricity, water, internet and small building services that are not already included in the HOA or syndic charge.
Electricity is usually the most expensive utility for Dakar apartment owners because air-conditioning, water pumps and backup power matter far more than the water bill.
Sources and methodology: we used CRSE Senelec tariffs, SEN’EAU tariffs and Numbeo Dakar.
We gave electricity more weight because air-conditioning and generator backup drive many Dakar bills.
We used rounded monthly ranges so foreign buyers can budget quickly.
How much is property tax on apartments in Dakar?
For a normal apartment in Dakar in 2026, annual property tax often works out to about 250,000 to 500,000 FCFA on a 120 million FCFA apartment, or roughly 440 to 880 USD and 380 to 760 EUR.
Senegal’s built-property tax is linked to the rental value of built property, so a simple working estimate for many Dakar apartments is around 5% of annual rental value rather than a flat percentage of the purchase price.
Depending on property value, rental value and possible exemptions, a realistic annual property-tax range for Dakar apartments is about 150,000 to 900,000 FCFA, or around 260 to 1,580 USD and 230 to 1,370 EUR.
Sources and methodology: we used the DGID CFPB leaflet, DGID tax law and Dakar rent data.
We converted rental-value tax logic into a practical annual owner budget.
We kept the range wide because assessed rental value can differ from market rent.
What's the yearly building maintenance cost in Dakar?
For apartment owners in Dakar in 2026, yearly building maintenance and reserve costs should be budgeted at about 0.5% to 1.0% of the apartment value, so a 120 million FCFA apartment needs about 600,000 to 1.2 million FCFA per year, or about 1,050 to 2,110 USD and 915 to 1,830 EUR.
The realistic yearly maintenance range is about 300,000 to 700,000 FCFA for a simple older building and 1 million to 2 million FCFA or more for a coastal, high-rise or amenity-heavy building, which is about 526 to 3,510 USD and 457 to 3,049 EUR.
Building maintenance in Dakar often covers pumps, tanks, generators, lifts, exterior repairs, guards, common lighting, cleaning, waterproofing and repairs linked to humidity or salt air near the coast.
Routine maintenance is often partly included in the HOA fee, but major works are usually separate, so a buyer should ask for recent syndic accounts before signing.
Sources and methodology: we used ANSD ICC, listing amenities from Keur-Immo and coastal-building risk checks from our Dakar analysis.
We separated routine monthly charges from capital repairs.
We used higher reserves for Almadies, Ngor, Virage and Fann because coastal exposure increases wear.
How much does home insurance cost in Dakar?
For a standard apartment in Dakar in 2026, annual home insurance is typically about 150,000 to 450,000 FCFA, or about 260 to 790 USD and 230 to 690 EUR, depending on insured value and coverage.
A realistic annual insurance range is about 150,000 to 700,000 FCFA, or roughly 260 to 1,230 USD and 230 to 1,070 EUR, with higher costs for furnished rentals, contents, landlord liability or larger premium apartments.
Home insurance is generally optional for many cash apartment owners in Dakar, but a bank may require insurance if the apartment is financed with a mortgage.
Sources and methodology: we estimated insurance from Dakar replacement-cost logic, ANSD construction-cost context and mortgage-risk practice linked to BCEAO financing conditions.
We insured the rebuild and contents logic, not the full land-location premium.
We used a wider range for furnished rental use because liability and contents matter more.
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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 | Why we trust it | How we used it |
|---|---|---|
| ANSD | It is Senegal’s official statistics agency. | We used ANSD for inflation, construction-cost and real-estate activity context. We did not use ANSD as a direct apartment sale-price index. |
| ANSD ICC | It is Senegal’s official residential construction-cost index. | We used the ICC to judge new-build cost pressure in Dakar. We compared cost movement with developer and listing premiums. |
| ANSD IPPS real estate services | It tracks producer prices in services, including real estate services. | We used IPPS to avoid over-reading listing-price movements. We treated service-price change as context, not as apartment-price proof. |
| ANSD ICAS services | It reports turnover trends in service sectors. | We used ICAS to read market activity and liquidity. We used weaker activity as a warning against overpriced stock. |
| DGID | It is Senegal’s tax and land-administration authority. | We used DGID for tax and land-registration context. We treated DGID as the anchor for buyer-cost categories. |
| DGID tax law page | It is the official access point for Senegal tax rules. | We used this page to identify transfer-tax and registration logic. We avoided relying on informal blogs for legal costs. |
| Code Général des Impôts | It is Senegal’s core tax law reference. | We used the tax code to understand the legal framework behind buyer costs. We then translated the legal categories into practical budgets. |
| DGID CFPB leaflet | It explains built-property tax from the tax authority. | We used it to estimate yearly property tax for apartment owners. We converted rental-value logic into simple owner budgets. |
| DGID cadastre | It explains land-registration and cadastral procedures. | We used it to stress the importance of title checks in Dakar. We treated unclear title as a major buyer risk. |
| CRSE Senelec tariffs | CRSE is Senegal’s electricity regulator. | We used the January 2026 tariff grid for electricity budgeting. We cross-checked it with practical Dakar utility ranges. |
| SEN’EAU tariffs | SEN’EAU is the urban water-service operator. | We used SEN’EAU for water-bill assumptions. We kept water smaller than electricity in the monthly budget. |
| BCEAO | It is the WAEMU central bank. | We used BCEAO for inflation, interest-rate and currency context. We used it to frame mortgage stress and affordability. |
| World Bank Data | It is a global public dataset. | We used World Bank urbanization data for long-term housing pressure. We paired it with Dakar-specific supply evidence. |
| CAHF Senegal housing note | CAHF is a recognized African housing-finance research source. | We used CAHF for housing-shortage and affordability context. We used it to explain why Dakar prices can stay high despite weak local incomes. |
| Numbeo Dakar property prices | It gives transparent live buyer and rent inputs. | We used Numbeo only as a private-sector cross-check. We did not treat its small Dakar sample as the sole price source. |
| Keur-Immo Dakar listings | It is a visible Senegal property portal. | We used Keur-Immo for asking-price observations by size and neighborhood. We discounted asking prices because they are not transaction prices. |
| Loger Sénégal | It is a local listing platform with Dakar stock. | We used Loger Sénégal for current apartment asking-price checks. We compared it with Keur-Immo to avoid one-portal bias. |
| Properstar Dakar price data | It aggregates listing-based price data for Dakar. | We used Properstar as an extra listing-price cross-check. We treated it as asking-price evidence, not official sales data. |
| Kolonell Dakar price-per-m² work | It focuses specifically on Dakar neighborhood price estimation. | We used it to compare neighborhood price bands. We kept our own estimates conservative where listing data looked thin. |
| PROCASEF | It covers Senegal land-security and cadastre modernization. | We used PROCASEF to frame land-document risk. We treated secure registration as central for foreign apartment buyers. |
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