District trends

Binə apartment prices

Average AZN/m²
1 552AZN/m²0.3%
Active listings
161
Baku city-wide
-44.0%

Binə is priced in the lower range of Baku's areas. There are currently 161 active listings, with an average price of 1 552 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
1 552 AZN/m²
44.0% below Baku
Baku city-wide
2 773 AZN/m²

median price per m² across 51 980 active listings, 3 November

Nearby districts
1 860 AZN/m²
32.9% below Baku
1 948 AZN/m²
29.8% below Baku
1 173 AZN/m²
57.7% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms1 2780%8
2 rooms1 5380%56
3 rooms1 7511.0%56
4+1 3951.8%41

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms84.8%7
2 rooms80%19
3 rooms60%8
4+30%1

Rent yield

Expected yield
4.3%

A typical apartment rents for about 380 AZN a month, 4 600 AZN a year. At that rate it pays back its price in about 23 years.

Frequently asked questions

The average apartment price in Binə over the past week is 107 000 AZN.
A square metre in Binə is roughly 1 552 AZN.
Over the past 52 weeks the average price per m² has fallen −3.2%.
The average 2-room apartment in Binə is 87 250 AZN.
The gross annual rental yield in Binə is about 4.3%.