Property experts say the high cost of rent in Dar es Salaam is a result of limited supply of descent houses and lack of planned areas that provide good roads, access to clean water and other basic services.PHOTO|FILE
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Property experts say the high cost of rent in Dar es Salaam is a result of limited supply of descent houses and lack of planned areas that provide good roads, access to clean water and other basic services.
Dar es Salaam. Living in commercial capitals is always expensive but Dar es Salaam may be the most expensive in the East African region pushed by costly renting in its posh areas.
Fresh data reveals that renting a fully furnished accommodation in expensive areas of the city can cost up to an average of $2,711 (Sh4.3 million) per month for an 85 m² (900 Sqft) housing, the highest amount compared to Nairobi, Kigali and Kampala.
An online survey-based cost of living calculator, expatistan.com, shows that the same house in expensive areas will cost $1,247 in Nairobi, $1,182 in Kampala and $933 in Kigali.
Property experts say the high cost of rent in Dar es Salaam is a result of limited supply of descent houses and lack of planned areas that provide good roads, access to clean water and other basic services.
Competition for a few high-end areas makes the rent go up, says Sultani Mndeme, a real estate consultant with GimcoAfrica.
Tanzania is also reported to have a few property developers although pension funds and the National Housing Corporation are now investing heavily in the real estate including the low-cost housing schemes.
