District trends

Binəqədi apartment prices

Average AZN/m²
2 335AZN/m²+0.1%
Active listings
2,116
Baku city-wide
-15.7%

Binəqədi is mid-priced of Baku's areas. There are currently 2 116 active listings, with an average price of 2 335 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
2 335 AZN/m²
15.7% below Baku
Baku city-wide
2 769 AZN/m²

median price per m² across 53 527 active listings, 4 November

Nearby districts
2 087 AZN/m²
24.6% below Baku
2 715 AZN/m²
2.0% below Baku
2 583 AZN/m²
6.7% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms1 6940%109
2 rooms2 3910%865
3 rooms2 3970%905
4+2 1280.9%237

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms110%33
2 rooms103.7%387
3 rooms80%245
4+70%71

Rent yield

Expected yield
4.7%

A typical apartment rents for about 699 AZN a month, 8 400 AZN a year. At that rate it pays back its price in about 21 years.

Frequently asked questions

The average apartment price in Binəqədi over the past week is 180 000 AZN.
A square metre in Binəqədi is roughly 2 335 AZN.
Over the past 52 weeks the average price per m² has fallen −3.2%.
The average 2-room apartment in Binəqədi is 147 000 AZN.
The gross annual rental yield in Binəqədi is about 4.7%.

Searches in this area

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