Dublin Apartment Market 2025: Comprehensive Analysis from €280,000 to €2.1M
Executive Summary
Dublin's apartment market represents 26.1% of total property transactions, with median prices of €340,000 and an average of €369,602. This analysis examines the full spectrum of apartment living, from €280,000 1-bedroom units to €2.1M penthouse apartments, providing comprehensive insights for buyers and investors.
Market Size and Growth
With 11,448 apartment transactions recorded, this property type represents a significant portion of Dublin's housing market. The concentration of apartments in urban and well-connected areas reflects changing lifestyle preferences and population growth.
Market Position
Apartments offer an alternative to traditional houses, appealing to urban professionals, downsizers, and investors seeking manageable property options.
Price Analysis by Bedroom Count
1-Bedroom Apartments
Median price: €280,000 (2,663 transactions)
These entry-level apartments appeal to first-time buyers and investors seeking rental yields. The lower price point makes them accessible while offering good rental potential.
2-Bedroom Apartments
Median price: €360,000 (7,463 transactions)
The most popular apartment type, representing 65.2% of apartment transactions. This size offers flexibility for couples, small families, and investors targeting professional tenants.
3-Bedroom Apartments
Median price: €462,000 (866 transactions)
Larger apartments suitable for families and investors seeking higher rental income. While less common, these properties offer premium positioning in the apartment market.
Larger Apartments
4-bedroom and above apartments (37 transactions) show significant price variation, with median prices of €680,000 and above. These premium units often include luxury features and city center locations.
Geographic Distribution
Top Areas for Apartments
- D15: 1,036 apartments - Largest concentration with diverse options
- D18: 977 apartments - Suburban appeal with city access
- D8: 907 apartments - Established residential area
- D4: 749 apartments - Premium city center location
- D1: 600 apartments - Urban core with amenities
Location Considerations
Areas with high apartment concentrations typically offer good transport links, local amenities, and established communities. City center locations command premium pricing due to convenience and lifestyle factors.
Price Per Square Meter Analysis
Market Average
Apartment price per square meter averages €5,488, reflecting the premium placed on efficient urban living spaces.
Geographic Variations
- Premium areas (D4, D1): €6,500+ per square meter
- Established suburbs (D15, D18): €4,800-€5,500 per square meter
- Accessible areas (D24, D22): €4,000-€4,800 per square meter
Size Efficiency
Apartments offer high space utilization, with smaller footprints providing full living amenities at competitive price points.
Investment Potential and Yields
Rental Yields
Apartment rental yields vary by size and location, with 2- and 3-bedroom properties typically offering the best returns for investors.
Market Trends
The apartment sector shows resilience in both sales and rental markets, with strong demand from urban professionals and investors.
Market Outlook
Short-Term Prospects
Continued demand for apartments in accessible locations supports price stability and growth potential.
Long-Term Factors
Population growth, lifestyle changes, and limited housing supply support the apartment sector's role in Dublin's housing market.
Conclusion
Dublin's apartment market offers diverse opportunities across price ranges and locations. From affordable 1-bedroom units to luxury penthouses, apartments provide flexible housing solutions for different buyer profiles and investment strategies.
The Society of Chartered Surveyors Ireland noted apartment prices in Dublin increased 4.8% quarter-over-quarter in Q4 2024 (SCSI Property Price Report, January 2025). [https://scsi.ie/publications/]
Methodology
This analysis covers 11,448 apartment transactions from Dublin's comprehensive property database. Price and geographic distributions are based on verified transaction data, with bedroom breakdowns calculated from property specifications.