What determines flat prices in Dhaka? 7 key factors every buyer should know
Buying a flat in Dhaka is the most crucial financial decision. It is not something people decide overnight.
It’s a big step for most families; it’s the biggest investment of their lives. However, if you've ever
visited Gulshan, Dhanmondi, Bashundhara, or even Mirpur, you'll notice one thing: flat prices vary widely;
some are significantly more expensive than others, despite having the same size.
So, what’s behind these price differences? In Dhaka, several things play a role—location, land value,
facilities, and even the name of the developer. In this blog, we’ll break down what determines flat prices
in Dhaka. There are 7 key factors that every buyer should know about when purchasing a flat in the city.
Dhaka is the bustling capital city of Bangladesh. Millions of people want to live here. So, buying a flat
and land is the hot topic in this megacity. Here are the seven key factors that significantly influence the
cost of a flat in the city.
01
Location
In Dhaka, location is everything. A flat in Gulshan or Dhanmondi will never cost the same as one in Mirpur
or Jatrabari. Why? Conscious people are always ready to pay more for convenient access to educational
institutions, hospitals, and shopping malls. The address is associated with prestige. If you are closer to
the city’s main hubs, the price will be higher.
02
Land value & project size
Dhaka is one of the most overcrowded cities in the world. Land is limited here. For this reason, it’s so
expensive in certain areas. When developer companies buy land, they naturally add that cost to the flat
price. Smaller projects also tend to cost more per square foot because only a few buyers share the land
value, while larger projects can spread it out.
03
Apartment size & layout design
Well-designed apartments with maximum use of space, enough natural light, and modern amenities induce a
higher price. The size of the flat directly affects its price. Larger flats usually cost more. But layout
design plays an important role in determining price. Buyers should calculate the price per square foot to
ensure their value for money.
04
Features & amenities
Modern features and amenities significantly impact flat pricing. The price includes parking, a lift, a
standby generator, a rooftop garden, a swimming pool, a community hall, a separate balcony, a gym, a kids'
zone, and 24/7 security. Even two flats in the same area vary substantially just based on those features and
amenities in Dhaka.
05
Reputation and construction quality
There are a lot of developer companies in the Dhaka City Corporation. But not all are reputed for their
construction quality and service. A trusted developer's company like Assure Group, with a good record of
finishing, on-time delivery, and use of high-class materials, charges more. On the other hand, an unknown or
new developer company may be cheaper, but it always raises a risk of using low-quality materials and on-time
delivery.
06
Potential future growth & dynamic market
When demand is high or banks offer easy home loans, the flat and apartment prices are higher than usual.
Political stability, real estate trends, government policy, economic growth, and the flow of remittances
play a significant role in pricing on the flat market. The real estate market in Dhaka is always a safe
investment against inflation in Bangladesh.
07
Infrastructure & connectivity
Dhaka’s infrastructure, including roads, public transportation, educational institutions, hospitals, and
metro rail, significantly impacts flat prices. Areas with better connectivity demand a higher price. It’s
advised that all buyers research ongoing infrastructure and upcoming sustainable development before buying a
flat.
Closing note for flat buyers
The price of a flat in Dhaka doesn’t depend on a single reason. The seven factors discussed above influence
the price of a flat in Dhaka. It’s an important decision to buy a flat. So the buyer should not always look
for the cheaper apartment, but should consider budget, convenience, comfort, and long-term value.
It’s difficult to say; flat prices vary greatly depending on size and location. In prime areas like
Gulshan, Banani, Dhanmondi, etc., BDT 15,000-30,000 per sq ft. Cheaper areas, like Mirpur,
Rayerbagh, Bashundhara River View, etc., cost 5,000–8,000 per sq ft.
Areas such as Mirpur, Badda, Aftabnagar, Mohammadpur,
Jatrabari, Bashundhara residential area,
Uttara, Basabo, Bashundhara Riverview, etc., have
comparatively lower prices than premium areas.
Yes, of course. A reputed real estate company like Assure Group often costs more because they ensure
high-quality construction, safety, security, on-time delivery, etc.
Yes, land property increases each year due to urbanization, land scarcity, high demand, population
increase, and economic growth.
It depends on your personal preference and long-term goal. If you plan to live in Dhaka for an
extended period, purchasing a flat is a wise choice.
If you’re hesitant about where should you buy your next property in Dhaka, Assure Group BD has got you covered. Grab your dream property with us. Ride on.
Explore essential property investment strategies for first-time buyers in Bangladesh. Learn key tips to make smart, profitable decisions in real estate with us.
ASSURE GROUP’s construction wing Assure Builders Ltd. handed over the Assure M. N. Tower on January 29, 2020. We arranged a handover ceremony at the Community Hall of Assure M. N. Tower in the Bashundhara Residential Area. The ceremony marked th...
