District trends

Məmmədli apartment prices

Average AZN/m²
1 482AZN/m²0.4%
Active listings
504
Baku city-wide
-46.5%

Məmmədli is priced in the lower range of Baku's areas. There are currently 504 active listings, with an average price of 1 482 AZN per square meter. Prices were stable this past week. That is notably below the Baku average.

Compared

This district
1 482 AZN/m²
46.5% below Baku
Baku city-wide
2 769 AZN/m²

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

Nearby districts
1 308 AZN/m²
52.8% below Baku
2 260 AZN/m²
18.4% below Baku
1 173 AZN/m²
57.6% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms1 3570%23
2 rooms1 5840.3%246
3 rooms1 4552.3%197
4+1 2450.4%38

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
2 rooms81.8%36
3 rooms50.2%18

Rent yield

Expected yield
5.2%

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 19 years.

Top complexes in this district

Frequently asked questions

The average apartment price in Məmmədli over the past week is 115 000 AZN.
A square metre in Məmmədli is roughly 1 482 AZN.
Over the past 52 weeks the average price per m² has risen +11.4%.
The average 2-room apartment in Məmmədli is 95 100 AZN.
The gross annual rental yield in Məmmədli is about 5.2%.