All sources have been thoroughly verified for credibility. Furthermore, an industry specialist has reviewed and approved the final article.
Everything you need to know before buying real estate is included in our Uganda Property Pack
Thinking about buying a 3-bedroom apartment in Kampala? It’s a vibrant city, but you're probably wondering: is now the right time to buy, or should you wait for prices to drop?
And what about long-term investment—should you look into other areas like Entebbe or Jinja where property values might appreciate more over time?
In this article, we’ll answer these questions. We know this market quite well - and we have put all our knowledge in the Uganda Property Pack.
Will property prices increase in Uganda in 2025?
Yes, property prices in Uganda are expected to rise in 2025, driven by a combination of economic growth and urbanization.
Backed by our fresh, in-depth market analysis, we’re confident that Uganda remains an attractive market for both local and international investors.
While there are challenges such as inflation and infrastructure constraints, the main drivers behind Uganda’s property price growth are strong and persistent.
Urbanization and a growing middle class continue to fuel demand for housing, particularly in major cities like Kampala. Additionally, government initiatives aimed at improving infrastructure and housing are expected to support the market.
Signals pointing to a property price increase in Uganda
Here are some factors suggesting prices could increase:
Uganda's economy is projected to grow steadily, which typically boosts consumer confidence and increases demand for property as more people can afford to buy homes.
The ongoing urbanization trend is expected to continue, with more people moving to cities in search of better opportunities. This urban migration increases demand for housing in urban areas, driving up property prices.
Government initiatives to improve infrastructure, such as roads and public transport, are likely to enhance property values, especially in areas that become more accessible.
The growth of the middle class in Uganda is expected to increase demand for quality housing, pushing up prices as more people seek to upgrade their living conditions.
Foreign investment in Uganda's real estate sector is anticipated to rise, bringing in capital and expertise that can drive property development and increase market values.
The introduction of favorable policies for real estate development, such as tax incentives or streamlined approval processes, could stimulate construction and increase property values.
A stable political environment is expected to attract more investors to the property market, as stability reduces risks associated with long-term investments.
Signals pointing to a property price decrease in Uganda
Here are some factors suggesting prices could fall:
Inflationary pressures could erode purchasing power, making it more difficult for potential buyers to afford property, which could dampen demand.
High interest rates could make borrowing more expensive, reducing the number of people who can afford to take out mortgages and potentially slowing down the property market.
Infrastructure constraints, such as inadequate roads and utilities, could limit the attractiveness of certain areas for property investment, potentially keeping prices in check.
Get fresh and reliable information about the market in Uganda
Don't base significant investment decisions on outdated data. Get updated and accurate information with our guide.
If property prices go up in Uganda, how much would they increase by?
If real estate prices in Uganda were to rise in 2025, the increase would likely be between 5% to 10% of their 2024 values.
Typically, real estate in emerging markets like Uganda appreciates by approximately 5% to 10% annually over the long term. However, fluctuations can occur depending on factors such as region, season, and property type.
It means that, if you spot a lovely 2-bedroom apartment in Kampala for 300,000,000 UGX today, don't be surprised if it's priced between 315,000,000 and 330,000,000 UGX this time next year.
To give you a better understanding, here is a table that shows 7 types of Ugandan real estate properties, their estimated prices in 2024, and projections for 2025 based on potential price increases of 5%, 7%, and 10%.
| Type of Property | Average Price in 2024 (UGX) | Price in 2025 (5% increase) | Price in 2025 (7% increase) | Price in 2025 (10% increase) |
|---|---|---|---|---|
| Apartment (60 sqm) | 300,000,000 UGX | 315,000,000 UGX | 321,000,000 UGX | 330,000,000 UGX |
| Modern House (100 sqm) | 500,000,000 UGX | 525,000,000 UGX | 535,000,000 UGX | 550,000,000 UGX |
| Luxury Villa (200 sqm) | 1,200,000,000 UGX | 1,260,000,000 UGX | 1,284,000,000 UGX | 1,320,000,000 UGX |
| Studio (30 sqm) | 150,000,000 UGX | 157,500,000 UGX | 160,500,000 UGX | 165,000,000 UGX |
| Loft (80 sqm) | 400,000,000 UGX | 420,000,000 UGX | 428,000,000 UGX | 440,000,000 UGX |
| Townhouse (150 sqm) | 800,000,000 UGX | 840,000,000 UGX | 856,000,000 UGX | 880,000,000 UGX |
| Investment Property (50 sqm) | 250,000,000 UGX | 262,500,000 UGX | 267,500,000 UGX | 275,000,000 UGX |
Everything you need to know is included in our Property Pack for Uganda
If real estate prices go up in Uganda, which areas are likely to see the biggest increases?
Today, people who want to move to Uganda seek the vibrant culture and natural beauty, but they also desire modern amenities and lively social scenes, which Kampala Central delivers. Hence, we could see a price increase there in 2025.
Also, lately, there's been a shift toward more youthful, vibrant neighborhoods, and Ntinda has really taken off.
We like it when information is clear and easy to digest. So, here’s a table that highlights the areas where prices might rise the most, along with the reasons behind those expected increases. It’s very high-level. If you want more details on a specific area, please check our real estate pack tailored to the Ugandan market.
| Neighborhood | Level of Increase | Why |
|---|---|---|
| Kampala Central | High | Recent development of luxury housing projects and its increasing appeal to international investors as travel normalizes post-pandemic, driving demand. |
| Kololo | High | Expected rise due to limited housing stock, upcoming renovations to heritage buildings, and growing demand for prime properties in central Kampala. |
| Bugolobi | Medium-High | Ongoing gentrification and new transport links, along with several planned redevelopment projects in the area, are likely to push prices higher. |
| Nakasero | Medium | The shift towards hybrid workspaces is driving demand for residential properties near business districts, combined with new mixed-use developments. |
| Muyenga | Medium-High | Eco-friendly urban projects and recent construction of new schools and parks are increasing its attractiveness for families, pushing prices upward. |
| Munyonyo | Medium | Investment in local infrastructure, such as the extension of road networks and renovation of historic areas, is boosting long-term value. |
| Ntinda | High | Upcoming large-scale urban regeneration projects and improved public transport access are expected to make this area more desirable. |
| Entebbe | Medium-High | Its proximity to Kampala, along with new office and residential developments, makes it increasingly attractive to professionals seeking more space. |
| Kira | Medium | Gentrification and cultural regeneration projects are attracting new residents, leading to rising prices as the area becomes more fashionable. |
| Naguru | High | As new luxury developments are launched, demand for premium housing among wealthy buyers is expected to further increase property values. |
| Jinja | High | Upcoming restoration of historic sites and high-profile cultural projects are driving a renewed focus on this central, historic location. |
If I'm looking to invest in real estate, what types of properties should I focus on for the best value appreciation in Uganda?
In 2025, Uganda's real estate trends focus on tech-smart, energy-efficient apartments, larger suburban homes for families, properties with outdoor spaces, and eco-friendly buildings—all driving higher demand and prices. Here is a summary.
- Tech-Equipped and Energy-Efficient Apartments:
Driven by remote work and sustainability trends, these homes offer smart technology features and energy-saving systems. They cater to young professionals and tech workers, making them a hot commodity in 2025, especially in urban centers like Kampala.
- Family-Sized Homes in Suburban Areas:
With a growing demand for larger living spaces, especially among families, suburban areas around Kampala and other major towns are seeing increased interest. Proximity to green spaces, schools, and essential amenities is a major factor driving value.
- Properties with Outdoor Spaces:
Post-pandemic, outdoor spaces like terraces, balconies, or gardens have become highly desirable. In bustling cities like Kampala, these features offer a much-needed escape and are likely to drive up property values.
- Eco-Friendly Buildings with Low Carbon Footprints:
Uganda's commitment to sustainability is boosting demand for eco-certified buildings. Buyers are increasingly valuing properties that align with the country's green goals, leading to price appreciation in this category.
Make a profitable investment in Uganda
Better information leads to better decisions. Save time and money. Download our guide.
