Elegant Residence residential complex, Baku

Elegant Residence: apartment prices 2026

Also known as: RÜR Residence

Novruzov qardaşları küçəsi, 11/1, Bakı, Nəsimi

12 floors · 14 buildings · 420 flats

2 789AZN/m²
Typical price per m² · based on 42 listings
~320 000AZN
Typical price · ~111.5 m²
For sale
from 215 000 AZN
10 listings · +1 new this week
Developer
RÜR MMC
Status
Completed in 2023

Data updated on

Last 30 days: 1 new listing

Follow and news like this reaches you in the browser, on Telegram or by e-mail.

Worth the asking price? The AI answers

Mənzil.ai checks every listing against market data and computes a fair price. See in seconds if it's overpriced or a deal.

Browse with AI valuations

About Elegant Residence

Deed
No
Heating
Central
Gas
Yes · 13 listings
Ceiling height
3.45 m

What the listings say

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

Elegant Residence residential complex is a newly built multi-block development with variable floor heights, featuring spacious and comfortable apartments designed in a modern European style.

Location The Elegant Residence complex is located in the Narimanov district of Baku, 4.5 km away from the seaside. This is a developed area with modern infrastructure and no large industrial enterprises. A highway runs near the residential complex.

Local Infrastructure Near Elegant Residence, there are restaurants and cafes, fast food outlets and bars, numerous shops including grocery stores and chain supermarkets. Nearby facilities also include a hotel, fitness center, beauty salon, as well as post office branches, bank offices, and a veterinary clinic.

Within a 500-meter radius from the building, there are medical institutions such as the ATU Therapy Clinic, Eurasia Hospital, Reference Medical Centers, New Med, Baku City Hospital, and the "Grand" hospital. The No. 1 City Clinical Hospital is reachable within ten minutes.

At a distance of two kilometers from the complex are Baku Zoo, Dede Gorgud Park, Tofiq Bahramov Stadium, Koala Park, and Zorge Park.

In the district of Elegant Residence, there are educational institutions including Azerbaijan Medical University, Baku University for Girls, general education schools No. 28, 47, and 36, Azerbaijan State University of Economics (building No. 4), Technical Education Center, as well as kindergartens and other educational facilities.

Apartment Layouts The apartment layouts in Elegant Residence correspond to the standards of new buildings and reflect the design level of the complex. Apartments for sale range from 47 to 258 square meters. One-, two-, three-, and four-room apartments feature ceilings with a height of 3.45 meters.

Apartments are offered without finishing works. According to the project, large balconies made of tempered glass without glazing are planned in the living rooms. Additionally, panoramic glazing with energy-saving double-glazed windows is implemented.

Elegant Residence apartments for sale

10 listings · typical 294 000 AZN

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 (10)

Elegant 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.

Elegant Residence apartment prices

The Nəsimi market

7% below the district average
District typical
3 000AZN/m²
0.4% · last 4 weeks
Listings in district
4 524
New in 7 days
+638

Price segments

Priciest3-room · 3 088 AZN/m²Most affordable4+ rooms · 2 656 AZN/m²Gap16%

Based on asking prices, refreshed weekly

2-room2 800 AZN/m²
3-room3 088 AZN/m²
4+ rooms2 656 AZN/m²

Renovation level (photo analysis)

Luxury finishModern renovationAverage conditionUnfinished (shell)
39%Shell
  • Luxury finish17%3
  • Modern renovation11%2
  • Average condition33%6
  • Unfinished (shell)39%7

Photos of 18 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 12% higher than non-renovated ones.

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

RenovatedNo renovationDifference
2-room3 136 AZN/m²2 800 AZN/m²+12%

Sale price trend

Elegant Residence: frequently asked questions

The typical price in Elegant Residence is 2 789 AZN/m². A typical apartment (~111.5 m²) is offered for about 320 000 AZN. Based on 42 listings over the past year.
Elegant Residence is in Nəsimi, Baku. Address: Novruzov qardaşları küçəsi, 11/1, Bakı. The nearest metro station is 8 Noyabr (about 0.8 km).
From the listings for sale right now: 1-room typically 215 000 AZN (1 listings); 2-room typically 281 500 AZN (4 listings); 3-room typically 341 500 AZN (2 listings); 4+-room typically 339 500 AZN (2 listings).
Developer: RÜR MMC. Year built: 2023.
We currently track 10 sale listings in Elegant Residence. Nəsimi saw 638 new listings in the last 7 days.
Prices in Elegant Residence run about 7% below the Nəsimi typical.
Over the last 4 weeks the typical m² price in Nəsimi held steady. The weekly dynamics are on the chart below.

Community comments

Other complexes in this district (Nəsimi)

Searches in this area

Is this price normal?

Enter the price and area of the apartment you are looking at and we compare it with this segment's real listings.

Analyse the apartment in fullPaste the listing link to get the AI value, risk signals and a negotiation range.