Flat price in Dhaka | Guide to buying an apartment

Buying a flat in Dhaka is a big decision. The city is growing fast in terms of real estate business. Flat prices are rising due to high demand and costly construction materials. Areas like Gulshan and Baridhara are expensive, while Dakshinkhan and Rampura are more affordable. This blog will help you understand the flat price in Dhaka.

Flat price in Dhaka

Many factors affect flat prices. Dhaka’s population is growing, and more people want homes. Construction costs have jumped by Tk 500 per square foot because of various global issues. The weak Bangladeshi Taka also makes materials pricier. Buyers need clear information to make smart choices in this changing market.

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Why flat prices are rising in Dhaka?

Several factors make flats costlier and slow down sales. Most buyers now find it difficult to afford homes. Flat prices in Dhaka increased by 35-40% over the last 18 months. Here are certain things that could have led to this:

  • High demand: More people are moving to Dhaka for jobs and better lives. The city’s population grows by 3.6% every year. This increases the need for flats.
  • Costly materials: Construction costs have jumped by Tk 500 per square foot. The Russia-Ukraine war made materials like rods, cement, and sand 40% more expensive.
  • Weak currency: The Bangladeshi Taka is weaker against the US dollar. This makes imported materials pricier, raising flat costs.
  • Limited land: Dhaka is very crowded. There’s little land for new buildings. This scarcity pushes up land and flat prices.
  • Infrastructure projects: Projects like the Dhaka Metro Rail make some areas more valuable. Property prices in these areas can rise by up to 20%.

Current flat prices in Dhaka

In 2025, the average flat price in Dhaka is Tk 15,000 per square foot. A 1,200 square foot flat costs about Tk 1.8 crore. Prices depend on the area and quality. You can still find medium-quality flats for Tk 70–80 lakh in some places.

Current flat prices in Dhaka
Area Price per Sq. Ft. (Tk) Notes
Gulshan 17,430 Premium area, high demand, luxury flats, Gulshan 2: Tk 18,000–20,000.
Banani 12,743 Commercial hub, middle to high-end flats, good amenities.
Uttara 12,095 Growing area, well-connected, popular for families.
Bashundhara 10,202 Developing a residential area, a mix of luxury and affordable flats.
Mohammadpur 8,847 Affordable, good for middle-class buyers, decent amenities.
Banasree 7,580 Affordable residential area, popular among middle-income groups.
Shantinagar 8,009 Central location, older flats, budget-friendly options.
Agargaon 6,400 Budget-friendly, developing area, government offices nearby.
Rampura 5,985 Cheapest option, good for small budgets, and developing infrastructure.

Note: Prices vary by location, amenities, and demand. Always research and consult trusted real estate companies for accurate pricing and deals.

Factors affecting flat prices

Many factors shape flat prices in Dhaka. Knowing them helps you make better decisions. From costly materials to growing demand, understanding these factors helps buyers make smart choices. Here are the key reasons behind the flat price:

  • Population growth: Dhaka’s population is growing fast. More people need homes. This high demand pushes flat prices higher.
  • Economic growth: Bangladesh’s economy is strong, with a 3.79% growth in the real estate sector. More money in the economy means more people can buy flats, raising prices.
  • Construction costs: Building materials are much costlier now. For example: Rods +Tk 130 per square foot, Cement +Tk 24.75 per square foot, Sand +Tk 28.12 per square foot, Labour +Tk 60 per square foot. These costs make flats more expensive.
  • Currency devaluation: The Taka’s value has dropped against the dollar. Imported materials cost more. This raises construction costs and flat prices.
  • Infrastructure development: New projects like the Metro Rail and flyovers make areas more attractive. Property prices in these areas go up.
  • Government policies: Government policies support real estate growth. But unclear rules, like the Detail Area Plan (DAP), create challenges for developers.
  • Black money: Some buyers use undisclosed money to buy flats. This inflates prices beyond normal market rates.

Challenges in Dhaka’s real estate market

Dhaka’s real estate market faces many issues. But it faces many problems. Flat prices are high, and sales are slow. Issues like costly materials and unclear rules make things tough. These affect buyers and developers.

Dhaka’s real estate market Challenges
  • Land scarcity
  • High costs
  • Economic problems
  • Unclear rules
  • Sustainability needs
  • Infrastructure gaps
  • Income gap
  • Rising material costs
  • High registration costs
  • Sustainability issues
  • Political uncertainty
  • Loan challenges

Tips for buying a flat /apartment in Dhaka

Buying a flat in Dhaka can be tricky. Knowing the right steps can save you money and stress. We share simple tips to help you find the perfect apartment in Dhaka. Here are simple tips to help you:

  • Research the market: Learn about price trends. Look at areas with future projects like the Metro Rail.
  • Pick the right area: Expensive areas like Gulshan are great for luxury. Affordable areas like Dakshinkhan suit smaller budgets. Choose based on your needs.
  • Work with trusted companies: Find reputable real estate agents or developers. Check their past projects and reviews. A good agent can get you better deals.
  • Hire a lawyer: A legal advisor checks property papers. They protect you from fraud and ensure a smooth purchase.
  • Plan your budget: Include costs like taxes and maintenance. Check home loan options. Interest rates are around 9.5% in 2023.
  • Think long-term: Buy in areas with growth potential. Flats near new infrastructure may gain value. Consider rental income if you’re investing.

Final remark

Dhaka’s real estate market is challenging but full of opportunities. Flat prices are high, averaging Tk 15,000 per square foot in 2025, driven by rising construction costs and demand. Doyel Development Properties Ltd, a trusted name in Dhaka’s real estate, is here to help you make smart choices. Contact us now to explore the best flats in Dhaka and start your journey to owning a home!

Call For Details! 01711-292490

Frequently asked questions

Why are flat prices in Dhaka so high?

Flat prices are high due to growing demand, population increase, and costly construction materials. Currency devaluation and limited land also push prices up.

How do construction costs affect flat prices?

Construction costs have risen by Tk 500 per square foot. Materials like rods, cement, and sand are 40% more expensive due to global issues. This increases flat prices across Dhaka.

Can I still find budget-friendly flats in Dhaka?

Yes, you can find budget-friendly flats in areas like Dakshinkhan and Rampura. Prices start at Tk 5,985–6,825 per square foot. Research and work with trusted realtors to find good deals.

How do infrastructure projects impact flat prices?

Projects like the Dhaka Metro Rail raise flat prices by up to 20% in nearby areas. Better transport makes these locations more desirable, increasing demand and property values.