District trends
Mərdəkan apartment prices
Average ₼/m²
1 849₼/m²0.0%
Active listings
109
Baku city-wide
-14.8%Mərdəkan is mid-priced of Baku's areas. There are currently 109 active listings, with an average price of 1 849 ₼ 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
2 351₼/m²
12 listings
2 rooms
1 800₼/m²
37 listings
3 rooms
1 950₼/m²
39 listings
4+
1 625₼/m²
21 listings
Rent price trend
Rent - by room count
1 rooms
9₼/m²
2 listings
2 rooms
10₼/m²
4 listings
3 rooms
4₼/m²
8 listings
4+
2₼/m²
3 listings
Rent yield
Expected yield
4.3%
Monthly rent
~450 ₼
Annual income
~5.4K ₼
Payback
~23 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 1 849 AZN.
Over the past 52 weeks the average price per m² has fallen −13.5%.
The average 2-room apartment in Mərdəkan is 112 000 AZN.
The gross annual rental yield in Mərdəkan is about 4.3%.