Dominican Republic real estate market — prices, rental yield and trend
- Average price: $2,180 / m²
- Gross rental yield: 6.8%
- 12-month price change (USD): 15.2%
- Net rental yield: 4.96%
- Transaction cost: 7.1%
- Bubble-risk band: moderate
- Price basis: national average
Dominican Republic is one of the faster-moving markets Glopra tracks: the average residential square metre now costs $2,180, +15.2% in dollar terms over the last twelve months. That makes it the 61st most expensive of the 83 markets in the set. In local currency the same twelve months read +7.7%; the 7.5-point gap is the exchange rate, not the housing market.
What a buyer pays in Dominican Republic
The $2,180 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 7.1% of the price here. On a 100 m² apartment at the average price that is roughly $15,479 on top of the $218,020 purchase price. That is below the 10.2% median across the set, which shortens the time it takes for a purchase to break even.
What it earns
A square metre lets for about $12.4 a month. Against a purchase price of $2,180 per square metre that is 6.8% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 21st of 88 markets by gross yield. Rental income is taxed at 27%, which takes the yield down to 5% net. The 1.8-point difference between the gross and net figure is the part most listing sites leave out.
How the tax works. 27% final withholding on the gross rent paid to a non-resident (Tax Code art. 305 applying the art. 297 rate). The law treats the gross amount as net 'without admitting proof to the contrary', so no deduction is possible and the rate is the same at every rent level; Law 30-26 (2026) did not change this. Source: Código Tributario RD.
How stretched the price looks in Dominican Republic
Glopra’s bubble-risk score for Dominican Republic is 32 out of 100 — moderate risk. Of the 58 markets scored, 54 read higher. This is a simplified reading: fewer than three index components are available for this market, so treat it as indicative rather than comparable with fully scored markets.
Who can buy in Dominican Republic
Freehold, no restrictions. That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.
How this figure is built
The price figure for Dominican Republic is built from asking prices from listings. It was last refreshed on 2026-09-13. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.
Sources: GPG yields · globalpropertyguide.com · thelatinvestor.com · numbeo.com. Snapshot: 2026-09-13.
Latest Dominican Republic market analysis
- Dominican Republic Property Taxes and Buying Costs: What a Non-Resident Landlord Actually Keeps — 2026-08-03
- Dominican Republic Property Market: 8.53% Yields and a 27% Tax — 2026-07-03
- The Dominican Republic Property Market in 2026: Prices, Yields and What's Driving Demand — 2026-07-03
- Dominican Republic: foreign property ownership and the buying process — 2026-07-03
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