Hussain Gheewala Logo

Unlocking High-Growth Real Estate in Eastern Africa

Real Estate in Eastern Africa

Eastern Africa Real Estate Market

6.8%

Average Annual ROI

12%

Capital Appreciation (5Y)

7

Major Investment Cities

In-Depth Market Analysis

Uganda stands out as an attractive real estate market due to rapid urban growth, rising housing demand, expanding infrastructure, and a growing middle class. Cities like Kampala and key regional hubs offer strong rental potential and long-term value. With careful location selection, medium- to long-term investors can achieve stable rental income and steady capital appreciation.

  • Hyper-Local Expertise

    Local market knowledge helps investors identify high-demand areas, upcoming developments, and growth corridors.

  • Regulatory Navigation

    Professional guidance ensures compliance with land laws, clear titles, and secure investments in a changing market.

Request Market Report
UK Market
Property Type
Key Areas
Why Invest
Rental Yield
Capital Appreciation
Residential Apartments
KololoNakaseroBugolobiNaguruMuyengaNtindaMbuyaLubowaNaalyaKiraNamugongoBukotoKiwatule
  • Large housing deficit in Kampala, especially middle and low-mid income segments
  • Urbanization and population growth driving rental demand
  • Infrastructure development improving connectivity
  • Strong demand from both local residents and expatriates
6.8% avg (up to ~10%)

Upper-middle income areas ~7.4%; prime serviced apartments up to ~10%

8%–12% (up to 15–20%)

Prime neighborhoods like Lubowa, Bugolobi, Mbuya reported 15–20% in recent years; 5–15% projected long-term

Villas / Stand-Alone / Detached Houses
NakaseroKololoBugolobiNaguruMbuyaMuyengaNtinda
  • Prestige locations with large plots and green space
  • Attractive to high-net-worth individuals, diplomats, expatriates
  • Strong redevelopment potential into apartments or mixed-use
2.8%–2.9%

3-bed villas ~2.9%; stand-alone bungalows ~2.8%

5%–7%

Limited large-plot land supply supports steady appreciation

Commercial / Office Properties
KololoNakaseroBugolobiNaguru
  • Limited supply of Grade A office space
  • Growing demand from international firms and regional HQs
  • Urbanization and infrastructure-driven business growth
10.6%–11.4%

Grade A offices in Kololo/Nakasero among highest yielding

Strong upside

Demand-led growth, though rising supply may soften occupancy

Retail / Mixed-Use Properties
Urban retail zonesGrowing suburban mixed-use hubs
  • Growing middle-class consumer base
  • Mixed-use developments enhance land efficiency
  • Urban population growth expanding retail demand
~10.2%

EstateIntel reports retail yields around 10.2%

Selective growth

Infrastructure improvements support growth, though oversupply risk exists in some segments

Connect With Us

Follow Our Journey

Stay updated on exclusive listings, market insights, and lifestyle content.

Market Intelligence

Don't Miss Our News

Subscribe for exclusive, curated reports delivered right to your inbox.