Dominican Republic real estate market — prices, rental yield and trend
- Average price: $2,447 / m²
- Gross rental yield: 8.53%
- 12-month price change (USD): 8.9%
- Transaction cost: 7.1%
- Price basis: capital average
Residential property in Dominican Republic averages $2,447 per square metre, +8.9% in dollar terms over the last twelve months. That makes it the 51st most expensive of the 70 markets in the set.
What a buyer pays in Dominican Republic
The $2,447 figure is an average for the capital: it describes the capital's market, not the country as a whole — most of the country trades well below it. 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 $17,374 on top of the $244,700 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Inside Dominican Republic we also track Punta Cana separately, where the average is $2,715 — 11% above the national figure.
What it earns
Long-term letting returns about 8.5% gross on the purchase price, 3rd of 69 markets by gross yield. Measured against local earnings, the price-to-income ratio is 13.8 — that is how many years of an average local income one average home costs, and it says more about who can buy here than any price figure does.
How this figure is built
The price figure for Dominican Republic comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data high: the underlying series is official and current. 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: 2026-07-23.
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
Related markets: Punta Cana