District trends
8-ci mikrorayon apartment prices
Average AZN/m²
2 840AZN/m²-0.1%
Active listings
1,597
Baku city-wide
+2.6%8-ci mikrorayon is priced in the upper range of Baku's areas. There are currently 1 597 active listings, with an average price of 2 840 AZN per square meter. Prices were stable this past week. Prices sit close to the Baku average.
Compared
This district
2 840 AZN/m²
2.6% above Baku
Baku city-wide
2 769 AZN/m²
median price per m² across 53 240 active listings, 4 November
Nearby districts
2 715 AZN/m²
2.0% below Baku
3 088 AZN/m²
11.5% above Baku
3 000 AZN/m²
8.3% above Baku
Sale price trend
Sale - by room count
RoomsAvg AZN/m²MoMActive
1 rooms3 2281.8%80
2 rooms3 0000%663
3 rooms2 6920%659
4+2 4841.0%195
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms110.4%39
2 rooms117.5%293
3 rooms80.8%224
4+71.1%33
Rent yield
Expected yield
3.7%
A typical apartment rents for about 700 AZN a month, 8 400 AZN a year. At that rate it pays back its price in about 27 years.
Top complexes in this district
Frequently asked questions
The average apartment price in 8-ci mikrorayon over the past week is 228 000 AZN.
A square metre in 8-ci mikrorayon is roughly 2 840 AZN.
Over the past 52 weeks the average price per m² has risen +2.5%.
The average 2-room apartment in 8-ci mikrorayon is 192 000 AZN.
The gross annual rental yield in 8-ci mikrorayon is about 3.7%.