Housing

Top-class housing at affordable prices: green, leafy Dresden abounds in exclusive quarters with historical villas. Nonetheless, rental and purchasing prices remain comparatively low.

Homes with a Feel-Good Factor

Dresden has one of Europe's most beautiful cityscapes. Baroque and Wilhelminian architectural ensembles, the famous Hellerau Garden Suburb and modern buildings from the last few decades all give the city its characteristic look.

And there is a living environment to match: with 62 percent of the city made up of woods and greenery, Dresden is considered one of Europe's greenest cities. It lies in the Elbe Valley, nestled in the hilly landscape of Saxon Switzerland.

Like a ribbon of green, the Elbe pastures curve through the city, giving the river a wide green border. In contrast to other major cities the meadows have not been developed, creating a recreational area right in the city center.

All the city districts have an excellent infrastructure when it comes to shops, markets and local service providers. Dresden's streetcar grid is one of the largest in Germany, with trips into the city center rarely taking longer than 40 minutes.

Rent

In Dresden rent levels are considerably lower than in comparable cities. On average, the rates are 5.46 Euro per square meter (cold rent). The highest rates with on average 6.72 Euro per square meter are paid for big high standard appartments built after 1990 ("Mietspiegel 2013“).
Dresden Neumarkt– business and science location Dresden (Saxony)

Home ownership

Home purchase prices have also remained relatively stable over the past few years, especially in good and very good locations. Seen as a whole, prices are about 65 percent cheaper than in Munich, Germany's most expensive city.

Owning a (newly built) home in a very good area costs roughly 3,800 euros per square meter. On average, a plot of land for a detached home costs 145 euros per square meter.
Dresden Hellerau Garden Suburb – business and science location Dresden (Saxony)

Student Dorms

For students, there are 35 dorms with over 6,000 places available.

Excellence is the city‘s motto

Dresden’s success is based on key technologies including microelectronics, information-and-communications, new materials, photovoltaic and nanotechnology, and, life sciences and biotechnology. The interdisciplinary collaboration between businesses and research facilities helps move Dresden forward.