Property Prices in Dar es Salaam, Tanzania

Index Info
Price to Income Ratio: 116.48
Mortgage as Percentage of Income: 1,647.48%
Loan Affordability Index: 0.06
Price to Rent Ratio - City Centre: 43.87
Price to Rent Ratio - Outside of Centre: 93.43
Gross Rental Yield (City Centre): 2.28%
Gross Rental Yield (Outside of Centre): 1.07%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,274,661.27 TSh 607,022.24-2,000,000.00
Apartment (1 bedroom) Outside of Centre 706,799.93 TSh 515,847.50-850,000.00
Apartment (3 bedrooms) in City Centre 2,747,484.65 TSh 2,000,000.00-4,642,627.51
Apartment (3 bedrooms) Outside of Centre 1,780,771.25 TSh 1,200,000.00-2,500,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,234,071.23 TSh 331,390.33-2,136,752.14
Price per Square Feet to Buy Apartment Outside of Centre 1,579,338.54 TSh 1,300,631.74-1,858,045.34
Salaries And Financing
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Average Monthly Net Salary (After Tax) 650,000.00 TSh
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.10 1.30-20.00

These data are based on 63 entries in the past 18 months from 15 different contributors.
Last update: March 2024

Sources and References
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