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Rising Expenses Tied to Property Ownership in Düsseldorf

Aiming for property ownership continues to be a significant ambition for many Germans, offering security and acting as a lucrative savings option for retirement. The fluctuation of property values is a crucial matter of concern. While buyers seek affordable prices to facilitate purchases, they...

Rising Expenses in Düsseldorf's Property Market
Rising Expenses in Düsseldorf's Property Market

Rising Expenses Tied to Property Ownership in Düsseldorf

Düsseldorf, the state capital of North Rhine-Westphalia and one of Germany's economic hubs with over 600,000 inhabitants, is experiencing a surge in its real estate market. Once a grazing area for cows, Rheinwiesen is now a sought-after residential area with expensive apartments, reflecting the city's transformation over the years.

The trend for apartment prices in Düsseldorf, as of mid-2025, is characterised by steady and moderate growth across various neighbourhoods, especially in central and prime districts. The average price for apartments in the city is around €4,764 per square meter, with houses averaging €5,050/m².

Prime central districts such as Oberkassel and Pempelfort command higher premiums, with prices at approximately €8,500/m² and €7,100/m² respectively. In the last year, apartment prices have increased by about 5.65% year-on-year, indicating a healthy upward trend after a market correction in 2022-2023. New constructions are even more expensive, averaging around €7,300/m² and increasing at a faster rate (+9.35% year-on-year).

Experts predict price increases in areas that are currently less expensive in Düsseldorf. Central neighbourhoods with scarce supply are likely to see the strongest appreciation. Outer or less central areas may experience more moderate price growth but still positive due to underlying demand factors.

Contributing factors include Düsseldorf’s strong economic position, persistent housing shortages, low unemployment, and demand from both domestic and international buyers. Over the past decade, Düsseldorf apartment prices have surged nearly 70%, with an average from 40% below current levels around 2015 to substantial growth since then.

Neighbourhood-specific insights reveal that Oberkassel, Pempelfort, and Altstadt, the city's most prime areas, have luxury apartments priced at €7,000 to €10,000+ per square meter. Other prime areas have steady price increases, making them attractive for long-term investment. The outskirts of Düsseldorf offer cheaper and sometimes larger apartments, with moderate price growth expected.

In conclusion, owning property in Düsseldorf, especially apartments, is currently viewed as a smart long-term investment due to ongoing price appreciation and rising rents. Researching apartment prices in Düsseldorf is essential for potential buyers, as the city's real estate market continues to exhibit steady growth with moderate increases through 2025 and likely beyond.

[1] Source: Statista (2023) [2] Source: Immobilien Scout 24 (2023) [3] Source: Deutsche Wohnen (2023) [4] Source: Bundesverband Immobilien (2023)

  1. The average price for apartments in Düsseldorf, as of mid-2025, is around €4,764 per square meter, with prices in prime central districts such as Oberkassel and Pempelfort reaching approximately €8,500/m² and €7,100/m² respectively, highlighting the city's finance-driven housing market and opportunities for investing in real estate.
  2. Experts predict that areas in Düsseldorf currently less expensive will see price increases, particularly central neighborhoods with scarce supply, indicating ongoing growth in the city's real estate market, attracting both domestic and international buyers, thereby contributing to the overall housing market and investment trends.

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