
Explore. Secure. Experience.
Three steps. Visit the project, review the specifications, see the evidence — then reserve with an escrow-protected deposit and a transparent payment plan, and move into a home where every detail has been designed, not defaulted. No payment is collected on this site; all payments are made directly to Stanmore Trust Kenya Limited (CMA-licensed escrow trustee), on the published 24-month four-milestone plan — 10% on reservation, 20% on excavation, 30% on structure-to-roof, 40% on practical completion.
TWO JOURNEYS · ONE BUILDING
The differences, in five rows.
Everything else is in the answers below.
| Dimension | Local buyer | International buyer |
|---|---|---|
| Title type | Local buyerSectional title under the Sectional Properties Act 2020 | International buyerSectional title under the Sectional Properties Act 2020 — held on a 99-year leasehold |
| Settlement currency | Local buyerKES | International buyerUSD / EUR / GBP / AED reference, settled into KES on the contract date |
| Stamp duty | Local buyer4 % on transfer | International buyer4 % on transfer |
| Rental tax | Local buyer7.5 % MRI on gross rent (resident landlords with annual rent under 15 M) | International buyer30 % WHT under Section 35 of the Income Tax Act, deducted at source by the management agent — DTAA reduces for treaty buyers |
| Residency benefit | Local buyer— | International buyerNone. Kenya does not link property ownership to a residence permit. Visa categories are decided independently by Immigration. |
RESERVE · THE DAGAZ
Frequently asked
Two answers to every question — for those buying from Nairobi, and for those buying from abroad.
Kenyan citizens, registered Kenyan companies, and holders of valid Kenyan resident permits. Limited liability companies provide a certificate of incorporation, a KRA PIN, and a board resolution authorising the purchase. Couples may purchase as joint tenants or tenants in common — the form is noted at reservation.
Five percent on reservation. A further twenty percent on signing the Sale Agreement, within twenty-one days. Construction draws against milestones independently certified by Knight Mwangi Quantity Surveyors. Twenty-five percent on handover. The full schedule is included in the spec sheet for each residence type.
Every instalment lands in a project escrow held by Stanmore Trust Kenya Limited. Disbursement is gated to quantity-surveyor-certified milestones, not calendar dates. Construction risk is insured under Riverside Indemnity Kenya. Project accounts are audited by Bowman Adair Kenya at sign-off.
Stamp duty of four percent on the transfer value, payable to the Kenya Revenue Authority. Land registry fees on title issuance. Legal fees on the scale set by the Advocates Remuneration Order. A one-time service charge advance on handover, banded by residence type. Figures current as of 2026 — confirm with your tax advisor before contract.
Pre-arranged facilities with three Kenyan lenders, on terms reviewed annually. Indicative bands: up to eighty percent loan-to-value for an owner-occupied residence; up to sixty percent for buy-to-let. Final terms are set by the lender on their own credit criteria — we make the introduction; we are not the broker.
The Westlands prime apartment band over the past three years has run six-and-a-half to eight-and-a-half percent net of service charge for two- and three-bedroom residences. Penthouse yields run lower on a percentage basis but stronger on absolute net rent. Each band will be re-confirmed by an independent valuer audited at sign-off.
Westgate Living Management, under a ten-year service-level agreement. Their scope covers letting, tenant placement, routine maintenance, the common-area capital plan, and a monthly owner statement. Service-charge bands are capped under the SLA.
Practical completion is targeted for Q2 2029. The construction log at /projects/the-dagaz/construction is updated weekly by Joseph K. Otieno, MICE — site engineer of record. Each entry carries the photograph, milestone, and quantity-surveyor sign-off for that week.
Yes. Apartments at The Dagaz are sold on a ninety-nine-year leasehold basis under the Sectional Properties Act 2020 — the canonical title for apartment ownership in Kenya. The lease is registrable in the Lands Registry, transferable on resale, and inheritable.
Headline pricing is set in Kenyan Shillings. We accept settlement reference in USD, EUR, GBP, or AED at the spot rate on the contract date. Funds clear into the project escrow held by Stanmore Trust Kenya Limited; conversion is recorded against the agreed reference rate.
Kenya does not impose currency controls on bona fide property transactions. Capital on resale is repatriable. Rental income is repatriable after Kenyan tax. Westgate Living Management settles monthly net rent in your nominated foreign currency at the spot rate on payment date.
Stamp duty of four percent on transfer. Withholding tax on rental income paid to a non-resident landlord — thirty percent of gross rent under Section 35 of the Income Tax Act, deducted at source by the management agent and remitted to the Kenya Revenue Authority. Reduced rates can apply where Kenya holds a Double Taxation Avoidance Agreement with your country of residence. Capital gains tax of fifteen percent on disposal gain. Figures current as of 2026 — confirm with your tax advisor before contract.
A registered leasehold certificate issued by the Lands Registry, in your name or in the name of a holding entity you nominate. Sectional title plans for the building are filed and registered before handover. Original title travels with the legal pack; we hold a certified copy.
No. Kenya does not link property ownership to a residence permit. Visa categories such as the Investor Permit (Class G) or the Retiree Permit (Class K) are decided by the Department of Immigration on their own criteria, independent of any property transaction. We do not advise on immigration matters.
Westgate Living Management, under the building-wide ten-year SLA, handles letting, tenant placement, maintenance, and monthly statements in your nominated currency. Their absentee-owner desk is the single point of contact for international owners.
Optionally. We do not offer foreign-exchange services in-house. Buyers who want a structured hedge against KES exposure across the construction draw schedule are introduced to Ström Partners — our named capital-advisory partner — who can quote the instrument on its own terms.
A clear copy of your passport, a proof of address dated within ninety days, and a Kenya Revenue Authority PIN. We assist with the KRA PIN application — it is required by law for any property transaction in Kenya and takes around five working days.
Tax rates and statutory references stated as current of 2026. The Dagaz reservation pack carries the contractual statement of fees, taxes, and protections. Buyers should take independent tax and legal advice in their own jurisdiction before signing.
Still asking? Speak to our reservations desk