Parktown Residence residential complex, Baku

Parktown Residence: apartment prices 2026

Also known as: Park Town

Tağı Şahbazi küçəsi, 101, Elmlər Akademiyası

15 floors · 4 buildings

3 504AZN/m²
Typical price per m² · based on 21 listings
~317 900AZN
Typical price · ~74 m²
For sale
from 218 000 AZN
16 listings · +5 new this week
Status
Under construction

Data updated on

Last 30 days: 12 new listings

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About Parktown Residence

Deed
No
Heating
Autonomous · 5 listings
Gas
Yes · 5 listings

What the listings say

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

Parktown Residence consists of spacious high-rise buildings designed in a modern style, featuring improved layouts and its own infrastructure.

The Park Residence residential complex is located in the Yasamal district at 101 Taghi Shahbazi Street. It is less than four kilometers from the Seaside Boulevard and equipped beaches.

The area offers dense infrastructure and is comfortable, with no industrial enterprises nearby. Several squares are close to the new building, and the Central Park can be reached within fifteen minutes. Yasamal Park is less than one and a half kilometers away.

The nearest bus stop on Inshaatchilar Avenue is 510 meters away, served by buses №3, №14, №17, and №96 running at six-minute intervals. The "Nizami" metro station is reachable in fifteen minutes, and the "Elmlər Akademiyası" station is one and a half kilometers away.

The "Baku Passenger" railway station and Heydar Aliyev International Airport are located three kilometers from the complex.

Within a five-minute walk of Parktown Residence, there are grocery and household goods stores, beauty salons, a pharmacy, an educational center, bank branches, cafes, canteens, pizzerias, coffee shops, a post office, business centers, and hotels.

Within a one-kilometer radius are the Children's Philharmonic Society, the Akhundov Scientific Research Medical Prevention Institute, the Children's Neurology Hospital, the "Yeni Həyat" Clinic, the Central Hospital for Seafarers, the specialized Hearing Aid Center Avis Hospital, the Customs Committee Hospital, private and public dental clinics, and chain pharmacies.

This location is ideal for parents with school-age and preschool children. The neighborhood includes the academic Zərifə Əliyeva Lyceum, the Academy for Young Talents, schools №158 and №53, a physics-mathematics and information school, as well as the private "21st Century" school. Several kindergartens are nearby, and the Doxa PlayStation entertainment center is six hundred meters away.

Parktown Residence consists of four fifteen-story buildings, designed taking into account the characteristics of the area and international construction standards.

The buildings are constructed using advanced technologies and the highest quality materials. The structures feature a monolithic reinforced concrete frame capable of withstanding high seismic loads.

According to the project, additional sound insulation is applied to the exterior walls made of durable brick with good strength. The facades are insulated and designed in a restrained color scheme, using terracotta and white ceramic bricks for cladding.

The buildings have flat roofs equipped with internal drainage and covered with roll waterproofing.

The complex is equipped with two modern imported elevators and fire extinguishing systems. Engineering communications connected to the city's central networks are included.

The interiors are designed according to the author's design project, featuring stylish decor. The use of high-quality materials, attractive multi-level lighting, and various decorative elements creates a truly comfortable entrance area.

Secure doors with an intercom system are installed. The modern approach to the entrance design ensures barrier-free access for people with special needs.

A large parking lot with 400 spaces is being constructed. Residents and guests of the complex will appreciate the additional advantage of a 1.5-hectare green area featuring a walking promenade, benches, eco-friendly gazebos, and flower beds for comfortable relaxation.

A modern children's playground equipped with slides, swings, and sandboxes is being built. The project also includes a sports ground with street simulators.

Bicycle racks have been installed in the area. Leafy trees and shrubs are planted, paths and roads are arranged, and modern-design streetlights are installed. Video surveillance cameras operate around the clock.

The new building will house its own infrastructure facilities, including shops, coffee shops, a fitness center, a spa center, a kindergarten, dry cleaning, and a supermarket.

Finishing works are not included in the property price. You can purchase an apartment with installed heating systems, high-quality metal entrance doors, and radiators.

Options include 1-, 2-, 3-, and 4-room apartments, as well as penthouses, to help clients find suitable living spaces. Future owners will be able to customize the interior design as they wish.

The residential buildings feature large metal-plastic profile windows with extended glazing and small open balconies with cage railings.

Square meters are sold according to clients’ preferences and financial capabilities, with options for cash payment, interest-free internal credit, or long-term mortgage loans.

Details about available purchase options and the address can be found at the sales office published on the project’s official page.

Construction is carried out by the Park organization. The company’s main goal is to build high-quality homes that meet all modern construction standards, from complex concepts to materials. The organization operates within the Baku area.

Parktown Residence apartments for sale

16 listings · typical 318 000 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 (16)

Parktown 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.

Parktown Residence apartment prices

The Elmlər Akademiyası market

8% above the district average
District typical
3 250AZN/m²
0.0% · last 4 weeks
Listings in district
3 520
New in 7 days
+444

Price segments

Priciestrenovated · 4 166 AZN/m²Most affordableno renovation · 3 200 AZN/m²Gap30%

Based on asking prices, refreshed weekly

2-room3 659 AZN/m²
3-room3 256 AZN/m²
Renovated4 166 AZN/m²
No renovation3 200 AZN/m²

Renovation level (photo analysis)

Luxury finishModern renovationAverage conditionUnfinished (shell)
38%Luxury
  • Luxury finish38%9
  • Modern renovation21%5
  • Average condition8%2
  • Unfinished (shell)33%8

Photos of 24 active listings in this complex analyzed by our vision model.Click a tier to see those listings.

Sale price trend

Parktown Residence: frequently asked questions

The typical price in Parktown Residence is 3 504 AZN/m². A typical apartment (~74 m²) is offered for about 317 900 AZN. Based on 21 listings over the past year.
Parktown Residence is in Elmlər Akademiyası, Baku. Address: Tağı Şahbazi küçəsi, 101. The nearest metro station is Elmlər Akademiyası (about 0.9 km).
From the listings for sale right now: 2-room typically 287 500 AZN (6 listings); 3-room typically 428 000 AZN (9 listings).
Year built: 2025.
We currently track 16 sale listings in Parktown Residence. Elmlər Akademiyası saw 444 new listings in the last 7 days.
Prices in Parktown Residence run about 8% above the Elmlər Akademiyası typical.
Over the last 4 weeks the typical m² price in Elmlər Akademiyası held steady. The weekly dynamics are on the chart below.

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