District trends

7-ci mikrorayon apartment prices

Average AZN/m²
2 815AZN/m²+0.1%
Active listings
1,319
Baku city-wide
+1.6%

7-ci mikrorayon is priced in the upper range of Baku's areas. There are currently 1 319 active listings, with an average price of 2 815 AZN per square meter. Prices were stable this past week. Prices sit close to the Baku average.

Compared

This district
2 815 AZN/m²
1.6% above Baku
Baku city-wide
2 770 AZN/m²

median price per m² across 53 115 active listings, 4 November

Nearby districts
3 088 AZN/m²
11.5% above Baku
2 715 AZN/m²
2.0% below Baku
2 087 AZN/m²
24.7% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms2 7900%74
2 rooms2 9230%595
3 rooms2 722-0.1%506
4+2 6870.7%144

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms134.9%33
2 rooms100%263
3 rooms82.1%103
4+80%20

Rent yield

Expected yield
4.0%

A typical apartment rents for about 650 AZN a month, 7 800 AZN a year. At that rate it pays back its price in about 25 years.

Top complexes in this district

Frequently asked questions

The average apartment price in 7-ci mikrorayon over the past week is 193 000 AZN.
A square metre in 7-ci mikrorayon is roughly 2 815 AZN.
Over the past 52 weeks the average price per m² has risen +1.4%.
The average 2-room apartment in 7-ci mikrorayon is 168 000 AZN.
The gross annual rental yield in 7-ci mikrorayon is about 4.0%.

Searches in this area

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