Property Prices in Dakar, Senegal

Find out actual data about & Safety Index in Dakar, Senegal

Price to Income Ratio 27.27
Mortgage as Percentage of Income 277.58%
Loan Affordability Index 0.36
Price to Rent Ratio – City Centre 10.85
Price to Rent Ratio – Outside of Centre 22.79
Gross Rental Yield (City Centre) 9.21%
Gross Rental Yield (Outside of Centre) 4.39%
country data (source The World Bank, 2021)
GDP Per Capita ($) 3,395.00
GDP Growth Rate 7.20%
Population Growth Rate 2.25%

Rent Per Month in Senegal

Apartment (1 bedroom) in City Centre 846.82$ 420.43$ – 1177.21$
Apartment (1 bedroom) Outside of Centre 460.88$ 252.26$ – 1009.04$
Apartment (3 bedrooms) in City Centre 2397.84$ 1681.73$ – 4372.5$
Apartment (3 bedrooms) Outside of Centre 1015.55$ 672.69$ – 1345.39$

Buy Apartment Price in Senegal

Price per Square Meter to Buy Apartment in City Centre 2522.6$ 2522.6$ – 2522.6$
Price per Square Meter to Buy Apartment Outside of Centre 2522.6$ 1177.21$ – 4708.85$

Salaries And Financing in Senegal

Average Monthly Net Salary (After Tax) 462.48$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 8.19$ 6.5$ – 11$

These data are based on 2841 entries in the past 9 months from 101 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Dakar in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Dakar. According to statistics, the average price per square meter of property in Dakar is around 2522$
in the city center and 460$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 846$ per month.
Property price growth has risen in recent years, making housing similarly affordable. Rental yields range from 4%.
While carrying some premium over national averages, overall housing in Dakar remains reasonably priced compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

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Property Prices Rates & Safety Index in Senegal

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