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Our Market

Dar es Salaam: Tanzania's Premier Real Estate Destination

Discover luxury living in East Africa's most vibrant coastal city. Cashworth Properties brings unparalleled expertise and global standards to Dar es Salaam's most exclusive neighborhoods.

28

Active Listings

14%

Annual Growth

$350K–$4.5M

Price Range

Dar es Salaam, Tanzania

Dar es Salaam

The Commercial Heart of East Africa

Tanzania's largest city and economic engine, Dar es Salaam commands the Indian Ocean coastline with a dynamic blend of modern commerce and coastal elegance. The city's premium neighborhoods — Masaki, Oyster Bay, and the emerging Kigamboni corridor — represent the pinnacle of urban luxury in East Africa.

Dar es Salaam's property market has matured significantly over the past decade, driven by sustained economic growth, infrastructure investment, and an expanding expatriate and diplomatic community. The city offers a rare combination: world-class amenities, a tropical coastal setting, and property values that remain highly competitive against comparable African capitals like Nairobi, Lagos, and Johannesburg.

$350K–$4.5M

Price Range

14%

Annual Growth

28

Active Listings

Masaki

The premier residential enclave of Dar es Salaam. Home to embassies, international schools, and the city's finest dining, Masaki offers commanding ocean views and walkable access to the Slipway commercial complex. Executive villas and modern penthouse apartments define this neighborhood's character.

Oyster Bay

A leafy, established neighborhood with a distinctly bohemian-meets-luxury atmosphere. Historic coral-stone homes sit alongside contemporary residences, creating a unique architectural tapestry. The Coco Beach strip and proximity to the city centre make Oyster Bay perpetually desirable.

Living Like a Local

Dar es Salaam isn't just a place to own property—it's a lifestyle destination. The city pulses with energy from sunrise beachside walks to sunset drinks at the Slipway, from world-class restaurants to vibrant cultural events.

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Beach Culture

Access to pristine beaches, water sports, and coastal retreats

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Culinary Excellence

Diverse dining from street food to Michelin-adjacent fine dining

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Arts & Events

Galleries, live music venues, and year-round cultural festivals

Recreation

Golf clubs, yacht clubs, and luxury fitness facilities

Lifestyle in Dar es Salaam

Frequently Asked Questions

Get answers to common questions about living and investing in Dar es Salaam

What is the best neighborhood for families in Dar es Salaam?

Masaki and Oyster Bay are the preferred neighborhoods for families. Both offer proximity to international schools, shopping centers, healthcare facilities, and a strong community of expatriates. Masaki is slightly more convenient for diplomats and high-net-worth individuals, while Oyster Bay offers a more bohemian, artistic atmosphere.

What are the typical rental yields for properties in Dar es Salaam?

Premium residential properties typically yield 6–8% annually. Commercial properties and serviced apartments can achieve 8–12% yields. The strong demand from expatriates and international companies ensures consistent occupancy rates and relatively stable rental income.

How do property taxes and fees work in Tanzania?

Tanzania has relatively favorable tax conditions. Transfer taxes are 1%, stamp duty varies, and annual property rates are minimal. Foreign ownership is allowed with proper registration. We recommend consulting with our legal team for specific details tailored to your transaction.

Can foreigners own property in Tanzania?

Yes, foreign citizens can own residential and commercial property in Tanzania. The process requires registration with the Land Office, obtaining a Certificate of Title, and working with local legal counsel. Cashworth Properties handles all documentation and ensures compliance with local regulations.

What financing options are available for property purchases?

Several local and international banks offer mortgages in Tanzania. Terms typically range from 5–20 years with favorable rates for pre-qualified buyers. We can introduce you to our preferred financing partners and facilitate the entire process.

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