District trends
Mərdəkan apartment prices
Average ₼/m²
1 840₼/m²0.5%
Active listings
123
Baku city-wide
-15.4%Mərdəkan is mid-priced of Baku's areas. There are currently 123 active listings, with an average price of 1 840 ₼ per square meter. Prices were stable this past week. That is notably below the Baku average.
Compared
Sale price trend
Sale - by room count
1 rooms
2 297₼/m²
13 listings
2 rooms
1 800₼/m²
44 listings
3 rooms
1 942₼/m²
42 listings
4+
1 638₼/m²
24 listings
Rent price trend
Rent - by room count
1 rooms
12₼/m²
3 listings
2 rooms
10₼/m²
4 listings
3 rooms
4₼/m²
10 listings
4+
2₼/m²
3 listings
Rent yield
Expected yield
4.2%
Monthly rent
~440 ₼
Annual income
~5.3K ₼
Payback
~24 yrs
Frequently asked questions
The average apartment price in Mərdəkan over the past week is 125 000 AZN.
A square metre in Mərdəkan is roughly 1 840 AZN.
Over the past 52 weeks the average price per m² has fallen −14.0%.
The average 2-room apartment in Mərdəkan is 98 000 AZN.
The gross annual rental yield in Mərdəkan is about 4.2%.