28 Park Residence: apartment prices 2026

Also known as: 28 Residence, 28 Residence Premium

Salatın Əsgərova küçəsi, 166/1, Nizami

16 floors · 2 buildings · 582 flats

3 763AZN/m²
Typical price per m² · based on 625 listings
~381 780AZN
Typical price · ~92 m²
For sale
from 229 000 AZN
85 listings · +19 new this week
For rent
from 750 AZN/mo
26 listings
Status
Completed in 2022

Data updated on

Last 30 days: 43 new listings, 3 price drops

Latest drop: 3 rooms, 95 m², 498,000 → 477,000 AZN

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About 28 Park Residence

Deed
Yes
Heating
Autonomous · 7 listings
Gas
Yes · 10 listings
Service fee
40 AZN a month · stated in 1 listing
Ceiling height
3.3 m

What the listings say

Stated in listings from at least two different sellers; the number is how many listings say it.

28 Park Residence is a new modern residential complex consisting of apartments with various layouts, located near the central railway station.

The 28 Park Residence complex is being constructed on Salatın Əsgərov Street in Baku, approximately 1.5 kilometers from the seaside.

Nearby, there are numerous shops, cafes, Medical Plaza hospital, the Pantomime Theater, kindergartens, School No. 46, and the Azerbaijan State Music Academy.

A bus stop is located 100 meters away, served by bus routes 5 and 11. The 28 May and Cəfər Cabbarlı metro stations, as well as the Baku-Passenger railway station, are 180 meters from the complex. Heydar Aliyev International Airport can be reached by car in 27 minutes.

The 28 Park Residence complex consists of a multi-story building constructed using monolithic frame technology. The building has a reinforced concrete, monolithic frame and a strong monolithic foundation. The walls are built with ceramic bricks. The structure’s seismic resistance complies with current regulations.

The facades are insulated with environmentally friendly, durable thermal insulation and finished with natural materials. The new building is equipped with modern engineering systems and communications, including gas, hot water supply, and an autonomous heating system.

The residential complex is situated in a gated and secured area with CCTV cameras installed.

Nearby roads and pedestrian paths are paved with sidewalk tiles. Trees and ornamental plants have been planted in the area. The project includes plans for a children’s playground and a recreational zone.

A large above-ground parking lot is being constructed on the premises for residents’ and guests’ vehicles.

The developer offers apartments in an unfinished state. The price includes installation of energy-saving double-glazed windows and balcony doors, as well as an intercom system.

Apartments are available in one-, two-, three-, and four-room layouts, ranging from 58 to 146 square meters.

Sales are conducted either in cash or with interest-free credit over two years. Detailed purchase terms can be clarified with company representatives.

The new building named 28 Park Residence is being developed by Resant Real Estate, a company active in the local real estate market since 2006.

28 Park Residence apartments for sale

85 listings · typical 450 000 AZN3 deals

Prices by room count

From the listings for sale right now, each flat counted once however often it is relisted. Tap a row to open those listings.

Listings

See all listings (85)

28 Park Residence floor plans

From the listings' own photos: every floor plan we have seen in this residence, including the ones no longer for sale. Tap a plan for sale to open its listing.

All listings with a floor plan (9)

28 Park Residence apartments for rent

26 listings · typical 1 500 AZN/mo

Monthly rent by room count

From the rental listings live right now, per month. Each flat counts once however often it is relisted.

Listings

See all rentals (25)

Rent trend

28 Park Residence apartment prices

The Nizami market

18% above the district average
District typical
3 193AZN/m²
0.1% · last 4 weeks
Listings in district
2 962
New in 7 days
+447

Price segments

Priciest1-room · 4 083 AZN/m²Most affordable4+ rooms · 3 400 AZN/m²Gap20%

Based on asking prices, refreshed weekly

1-room4 083 AZN/m²
2-room3 949 AZN/m²
3-room4 028 AZN/m²
4+ rooms3 400 AZN/m²
Top floor4 000 AZN/m²

Renovation level (photo analysis)

Luxury finishModern renovationAverage conditionDated interiorUnfinished (shell)
48%Luxury
  • Luxury finish48%76
  • Modern renovation25%40
  • Average condition8%13
  • Dated interior1%1
  • Unfinished (shell)19%30

Photos of 160 active listings in this complex analyzed by our vision model.Click a tier to see those listings.

Renovation's effect on price

Renovated apartments here are listed on average 20% higher than non-renovated ones.

Renovated vs non-renovated average AZN/m², by room count

RenovatedNo renovationDifference
2-room4 075 AZN/m²3 672 AZN/m²+11%
3-room4 270 AZN/m²3 388 AZN/m²+26%
4+ rooms4 154 AZN/m²3 357 AZN/m²+24%

Sale price trend

28 Park Residence photos

Picked from the photos of listings in this complex.

28 Park Residence: frequently asked questions

The typical price in 28 Park Residence is 3 763 AZN/m². A typical apartment (~92 m²) is offered for about 381 780 AZN. Based on 625 listings over the past year.
28 Park Residence is in Nizami, Baku. Address: Salatın Əsgərova küçəsi, 166/1. The nearest metro station is 28 May (about 0.5 km).
From the listings for sale right now: 1-room typically 256 500 AZN (2 listings); 2-room typically 320 000 AZN (22 listings); 3-room typically 527 500 AZN (20 listings); 4+-room typically 620 000 AZN (15 listings).
There are 26 rental listings right now, typical rent 1 500 AZN a month.
Developer: 28 Residence, Resant Real Estate. Year built: 2022.
We currently track 85 sale listings in 28 Park Residence. Nizami saw 447 new listings in the last 7 days.
Prices in 28 Park Residence run about 18% above the Nizami typical. Per the AI valuation, 3 listings in the complex are currently offered below market value.
Over the last 4 weeks the typical m² price in Nizami held steady. The weekly dynamics are on the chart below.

Community comments

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