District trends
Lökbatan apartment prices
Average AZN/m²
1 750AZN/m²0.5%
Active listings
944
Baku city-wide
-36.8%Lökbatan is priced in the lower range of Baku's areas. There are currently 944 active listings, with an average price of 1 750 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.
Compared
Sale price trend
Sale - by room count
RoomsAvg AZN/m²MoMActive
1 rooms1 5040.2%60
2 rooms1 6960.2%466
3 rooms1 8330.8%311
4+1 6002.9%107
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms120%9
2 rooms82.4%65
3 rooms80.5%32
4+60%13
Rent yield
Expected yield
4.8%
A typical apartment rents for about 500 AZN a month, 6 000 AZN a year. At that rate it pays back its price in about 21 years.
Top complexes in this district
Frequently asked questions
The average apartment price in Lökbatan over the past week is 125 000 AZN.
A square metre in Lökbatan is roughly 1 750 AZN.
Over the past 52 weeks the average price per m² has risen +11.8%.
The average 2-room apartment in Lökbatan is 111 500 AZN.
The gross annual rental yield in Lökbatan is about 4.8%.