Dakar Rental Yields in 2026: The Real Numbers

2026 observed yields, in one table

Full methodology and sources in our 2026 Almadies price guide (cross-checked listings, market guides, crowd-sourced data).

Worked example: what does a quality Almadies F3 return?

An illustration on public figures: a quality F3 (2-bedroom) asking 140 million FCFA, let unfurnished long-term at 800,000 FCFA per month, generates 9.6 million FCFA a year — a 6.9% gross yield, consistent with the observed 6–7% range.

The same apartment run furnished, at the observed 20–30% premium, would rent around 960,000–1,040,000 FCFA per month — 8.2–8.9% gross, before the higher operating costs of furnished stock (furnishing, turnover, management).

From gross to net: deduct service charges, maintenance, any letting management and rental income taxation — items specific to each situation, to be quantified with your notaire or advisor before buying.

Why the Almadies concentrates premium rental demand

• —Residential enclave on the Atlantic: embassies, international NGOs, upscale hotels (King Fahd Palace, Méridien)
• —Sustained demand from expatriate executives and long-stay missions — the heart of upscale furnished letting
• —Structurally scarce quality new supply: few developments, small residences (Platinum Edge: 26 apartments)
• —Vacancy below 5% for quality stock — the decisive factor in real long-run returns

What actually moves your real yield

1. Micro-location

In Dakar the gap between 6% and 8% gross is decided by the exact address: proximity to embassies and hotels, view, quiet, street security. The Almadies leads the premium segment.

2. Specification and amenities

Pool, full-backup generator, 24/7 security, home automation: these determine expatriate rent levels and vacancy — a property without reliable backup power falls out of the premium market.

3. Letting mode

Unfurnished secures stable income; furnished long lets capture the 20–30% premium with reasonable management; short lets can do better but demand professional operation.

4. Legal quality of the asset

A clean titre foncier and a notarised deed condition resale and appreciation. A high yield on a badly-titled property is not an investment — it is a risk.

Frequently asked questions — Dakar buy-to-let

Is buy-to-let profitable in Dakar?

Yes, in the quality segment: observed gross yields of 6–7% (peaking at 8%), a 20–30% furnished premium and sub-5% vacancy in the Almadies for quality stock — above most European capitals.

What rent for an Almadies apartment in 2026?

Reference point: around 800,000 FCFA per month for a standard 2-bedroom let unfurnished long-term; quality stock and furnished lets trade above that, with an observed 20–30% furnished premium.

Should I let furnished or unfurnished in Dakar?

Furnished captures a 20–30% premium and targets the Almadies expatriate demand; unfurnished offers simpler management and longer leases. The right choice depends on your management capacity and horizon.

Can a foreign or diaspora investor buy to let?

Yes — full freehold via titre foncier is open to foreigners and the diaspora, with a notarised deed and acquisition costs of 7–10%. Our diaspora guide covers buying remotely (power of attorney, VEFA, transfers).

Go further

• 2026 Almadies luxury real-estate price guide
• Buying property in Dakar from abroad: the 2026 diaspora guide
• Penthouse for sale in Dakar — 466 m², ocean view