District trends

8 Noyabr apartment prices

Average AZN/m²
2 916AZN/m²0.2%
Active listings
6,522
Baku city-wide
+5.2%

8 Noyabr is priced in the upper range of Baku's areas. There are currently 6 522 active listings, with an average price of 2 916 AZN per square meter. Prices were stable this past week. That is slightly above the Baku average.

Compared

This district
2 916 AZN/m²
5.2% above Baku
Baku city-wide
2 772 AZN/m²

median price per m² across 52 823 active listings, 3 November

Nearby districts
3 000 AZN/m²
8.2% above Baku
2 875 AZN/m²
3.7% above Baku
2 622 AZN/m²
5.4% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms3 0701.3%94
2 rooms3 1900.7%2212
3 rooms2 8100.2%3224
4+2 6640.2%992

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms120%68
2 rooms130%3127
3 rooms101.4%3348
4+100%366

Rent yield

Expected yield
4.1%

A typical apartment rents for about 1 097 AZN a month, 13 200 AZN a year. At that rate it pays back its price in about 24 years.

Top complexes in this district

Frequently asked questions

The average apartment price in 8 Noyabr over the past week is 319 000 AZN.
A square metre in 8 Noyabr is roughly 2 916 AZN.
Over the past 52 weeks the average price per m² has risen +3.4%.
The average 2-room apartment in 8 Noyabr is 245 000 AZN.
The gross annual rental yield in 8 Noyabr is about 4.1%.

Searches in this area

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