District trends

Mehdiabad apartment prices

Average AZN/m²
1 369AZN/m²0.3%
Active listings
137
Baku city-wide
-50.5%

Mehdiabad is priced in the lower range of Baku's areas. There are currently 137 active listings, with an average price of 1 369 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
1 369 AZN/m²
50.5% 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
2 335 AZN/m²
15.7% below Baku
2 815 AZN/m²
1.7% above Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms2 0001.4%4
2 rooms1 5001.8%70
3 rooms1 337+0.1%55
4+1 0000%8

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms110%1
2 rooms80.9%15
3 rooms76.0%10

Rent yield

Expected yield
5.5%

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 18 years.

Frequently asked questions

The average apartment price in Mehdiabad over the past week is 99 000 AZN.
A square metre in Mehdiabad is roughly 1 369 AZN.
Over the past 52 weeks the average price per m² has risen +12.7%.
The average 2-room apartment in Mehdiabad is 77 400 AZN.
The gross annual rental yield in Mehdiabad is about 5.5%.