2026 Guide
Luxury Property Prices in Almadies & Dakar
Updated 10 June 2026
In the Almadies, a quality apartment trades in 2026 between 900,000 and 1,500,000 FCFA per m² (roughly €1,370–2,290/m²) based on live listings, while top-end new developments are marketed at 2,000,000–3,500,000 FCFA/m², and exceptional oceanfront properties are quoted up to 5,500,000 FCFA/m².
In practice: a luxury F3 (2-bedroom) starts around 140 million FCFA, an F4 runs 135–242 million, and a penthouse can exceed 400 million FCFA. Foreigners and members of the diaspora can buy in full freehold (titre foncier), with total acquisition costs of 7–10% of the price.
What is the price per m² by district in Dakar in 2026?
Observed ranges for apartments, cross-checked between online listings and market guides (2025–2026). Conversions at the fixed rate of 655.957 FCFA = €1.
| District | Quality stock (listings) | Premium new-build (guides) | Equivalent €/m² |
|---|---|---|---|
| Almadies | 900,000 – 1,500,000 FCFA/m² | 2,000,000 – 3,500,000 FCFA/m² | ≈ €1,370 – 5,340 |
| Ngor / Virage | — | 2,000,000 – 3,500,000 FCFA/m² | ≈ €3,050 – 5,340 |
| Plateau | 1,500,000 – 2,200,000 FCFA/m² | — | ≈ €2,290 – 3,350 |
| Mermoz / Point E / Fann | 1,500,000 – 2,500,000 FCFA/m² | up to ≈ 3,000,000 FCFA/m² | ≈ €2,290 – 4,570 |
Source divergence is real: transaction data (which includes land and mixed deals) comes in below 1,200,000 FCFA/m² in the Almadies, while exceptional oceanfront properties are quoted up to 5,500,000 FCFA/m². 'Listings' ranges reflect asking prices for delivered apartments; 'premium new-build' ranges describe the highest-specification developments.
What does a luxury apartment in Almadies actually cost?
Asking prices observed in 2025–2026 (listings and new developments):
| Property | Size | Asking price | Price per m² |
|---|---|---|---|
| Quality F3, King Fahd Palace road | 120 m² | 140,000,000 FCFA | ≈ 1,167,000 FCFA |
| F4 with sea view, near King Fahd Palace | 173 m² | 172,000,000 FCFA | ≈ 995,000 FCFA |
| New F4, BICIS roundabout | 197 m² | 240,000,000 FCFA | ≈ 1,218,000 FCFA |
| F4 in new 37-unit development, from | up to 220 m² | 241,990,000 FCFA | ≈ 1,300,000 FCFA |
| Premium duplex, new development | — | 497,250,000 FCFA | — |
| 5-room penthouse with sea view, route du Méridien | 408 m² | 400,000,000 FCFA | ≈ 980,000 FCFA |
| Platinum Edge Almadies — F3/F4/F5, from | 168 – 283 m² | 189,800,000 FCFA | ≈ 1,130,000 FCFA |
For comparison, Platinum Edge Almadies (26 residences on Route du Méridien Président) offers F3 and F4 apartments from 189,800,000 FCFA — with a 273 m² duplex and a 466 m² penthouse on request.
What rental yields can you expect in the Almadies?
- Observed gross yields average 6–7% per year, peaking at 8% for well-located properties (2025 agency data); conservative estimates such as Numbeo put yields at 4–7% depending on letting mode (May 2026).
- Furnished and short-let operation commands a 20–30% premium over unfurnished long lets.
- Vacancy stays below 5% for quality stock in the Almadies — the district of embassies, expatriate executives and international hotels.
- Indicative long-let rent for a standard 2-bedroom in the Almadies: around 800,000 FCFA/month.
Can a foreigner or diaspora member buy in Dakar?
Yes. Senegalese law allows foreigners to acquire real estate in full freehold, with no nationality discrimination on the land title (titre foncier). The key steps:
- 1. The titre foncier
- Full, indefeasible ownership registered at the Conservation Foncière. Where land is untitled state domain, an emphyteutic lease (18–99 years) applies and is convertible into a titre foncier after development.
- 2. The notary, mandatory
- Every transaction passes before a notaire: authentication of the deed, escrow of funds, registration and transfer of title into the buyer's name.
- 3. VEFA for new builds
- Off-plan purchases are regulated by law (Law No. 2009-23, modernised by Law No. 2023-20): staged payments are capped — 35% at foundations, 70% at watertight stage, 95% at completion, 5% at delivery — with one-year, two-year and ten-year builder guarantees.
- 4. Acquisition costs
- Budget 7–10% of the price all-in: transfer duty (5%), land registration (1%), notary fees (a sliding scale from roughly 4.5% down to 1% by price band, plus 18% VAT on fees) and stamps.
Converting the prices
The CFA franc (XOF) is pegged to the euro at a fixed 655.957 FCFA = €1. Against the dollar, count roughly 567 FCFA = $1 (June 2026). Quick reference: 100 million FCFA ≈ €152,450 ≈ $176,200.
Frequently asked questions about Dakar prices
- What is the price per m² in the Almadies in 2026?
- Between 900,000 and 1,500,000 FCFA/m² for quality apartments based on live listings; the highest-end new developments are marketed at 2,000,000–3,500,000 FCFA/m², and exceptional oceanfront properties are quoted up to 5,500,000 FCFA/m².
- What budget do I need for a luxury apartment in Dakar?
- In the Almadies, count from around 140 million FCFA for a quality F3 (2-bedroom), 135–242 million for an F4, 250–500 million for an F5 or premium duplex, and 400 million FCFA and above for a penthouse.
- Is the Almadies a good investment?
- It is Dakar's most valued district: a residential enclave on the Atlantic, home to embassies, international hotels and strong rental demand from expatriate executives. Observed gross yields are 6–7% (peaking at 8%), furnished lets command a 20–30% premium, and vacancy stays below 5% for quality stock.
- What fees should I budget on top of the purchase price?
- Roughly 7–10% of the price: transfer duty (5%), land registration (1%), notary fees (a sliding scale from about 4.5% down to 1% by price band, plus 18% VAT on fees) and stamps.
- Can a non-resident obtain a titre foncier in Senegal?
- Yes — full freehold ownership via titre foncier is open to foreigners and to Senegalese diaspora members alike, with the deed mandatorily executed before a notaire. As much of Dakar's land is state domain, some properties are sold under an emphyteutic lease (18–99 years), convertible into a titre foncier.
Visit a reference residence in the Almadies
Platinum Edge Almadies — 26 luxury apartments on Route du Méridien Président: F3 and F4 from 189,800,000 FCFA, duplex and penthouse on request. Infinity pool, home automation, 24/7 security.
Discover Platinum Edge AlmadiesMethodology and sources
Ranges compiled on 10 June 2026 by cross-referencing online property listings (Loger-Dakar, Keur-Immo, Keur City, 2S Immobilier), market guides (PrixDakar, Investissement Immo Afrique, Philippon Architecte, Réalités Sénégal), transaction data (SamaGalle) and crowd-sourced data (Numbeo, May 2026). Legal framework: Au-Sénégal.com, Légavox, published notary fee scales (Keur City, JIWALL). Asking prices do not prejudge final sale prices.
- • Listings: Loger-Dakar, Keur-Immo, Keur City, 2S Immobilier (2025–2026)
- • Market guides: PrixDakar (Aug 2025), Investissement Immo Afrique (2025), Philippon Architecte (May 2026)
- • Transactions & crowd-sourced: SamaGalle (Oct 2025 – Jan 2026), Numbeo (May 2026)
- • Legal: Au-Sénégal.com (property titles), Law No. 2009-23 and Law No. 2023-20 (VEFA), 2025 notary fee scales