District trends

8-ci kilometr apartment prices

Average AZN/m²
2 409AZN/m²+0.1%
Active listings
714
Baku city-wide
-13.0%

8-ci kilometr is mid-priced of Baku's areas. There are currently 714 active listings, with an average price of 2 409 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
2 409 AZN/m²
13.0% below Baku
Baku city-wide
2 769 AZN/m²

median price per m² across 53 527 active listings, 4 November

Nearby districts
2 665 AZN/m²
3.8% below Baku
2 526 AZN/m²
8.8% below Baku
2 333 AZN/m²
15.7% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms2 9155.8%32
2 rooms2 538+0.1%296
3 rooms2 293+0.1%310
4+2 2630.6%76

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms100%17
2 rooms90%116
3 rooms71.3%96
4+60%8

Rent yield

Expected yield
3.9%

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 26 years.

Top complexes in this district

Frequently asked questions

The average apartment price in 8-ci kilometr over the past week is 200 000 AZN.
A square metre in 8-ci kilometr is roughly 2 409 AZN.
Over the past 52 weeks the average price per m² has risen +4.4%.
The average 2-room apartment in 8-ci kilometr is 168 000 AZN.
The gross annual rental yield in 8-ci kilometr is about 3.9%.

Searches in this area

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