District trends
Bakmil apartment prices
Average AZN/m²
3 750AZN/m²0%
Active listings
533
Baku city-wide
+35.4%Bakmil is one of the most expensive of Baku's areas. There are currently 533 active listings, with an average price of 3 750 AZN per square meter. Prices were stable this past week. That is notably above the Baku average.
Compared
This district
3 750 AZN/m²
35.4% above Baku
Baku city-wide
2 769 AZN/m²
median price per m² across 53 531 active listings, 4 November
Nearby districts
3 197 AZN/m²
15.5% above Baku
2 809 AZN/m²
1.4% above Baku
3 088 AZN/m²
11.5% above Baku
Sale price trend
Sale - by room count
RoomsAvg AZN/m²MoMActive
1 rooms3 6864.3%5
2 rooms3 8100.4%103
3 rooms3 8691.0%311
4+3 596-0.1%114
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms120%6
2 rooms143.8%171
3 rooms142.8%421
4+123.7%15
Rent yield
Expected yield
4.0%
A typical apartment rents for about 1 100 AZN a month, 13 200 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 Bakmil over the past week is 330 000 AZN.
A square metre in Bakmil is roughly 3 750 AZN.
Over the past 52 weeks the average price per m² has risen +4.0%.
The average 2-room apartment in Bakmil is 232 420 AZN.
The gross annual rental yield in Bakmil is about 4.0%.