District trends

Abşeron apartment prices

Average AZN/m²
1 624AZN/m²0.5%
Active listings
278
Baku city-wide
-41.3%

Abşeron is priced in the lower range of Baku's areas. There are currently 278 active listings, with an average price of 1 624 AZN per square meter. Prices rose 0.5% this past week. That is notably below the Baku average.

Compared

This district
1 624 AZN/m²
41.3% below Baku
Baku city-wide
2 769 AZN/m²

median price per m² across 53 522 active listings, 4 November

Nearby districts
1 486 AZN/m²
46.3% below Baku
2 067 AZN/m²
25.4% below Baku
2 233 AZN/m²
19.4% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms1 7141.8%19
2 rooms1 6501.0%157
3 rooms1 5220.7%95
4+1 3438.4%7

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms71.0%15
2 rooms70%109
3 rooms60%37
4+120%2

Rent yield

Expected yield
5.1%

A typical apartment rents for about 450 AZN a month, 5 400 AZN a year. At that rate it pays back its price in about 20 years.

Frequently asked questions

The average apartment price in Abşeron over the past week is 105 500 AZN.
A square metre in Abşeron is roughly 1 624 AZN.
Over the past 52 weeks the average price per m² has risen +1.5%.
The average 2-room apartment in Abşeron is 97 000 AZN.
The gross annual rental yield in Abşeron is about 5.1%.

Searches in this area

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