Mərdəkan apartment prices

1 750 ₼/m²4.4%
69 · active listings

Mərdəkan is priced in the lower range of Baku's areas. There are currently 69 active listings, with an average price of 1 750 ₼ per square meter. Prices fell 4.4% this past week. That is notably below the Baku average.

Compared

This district
1 750 ₼/m²
20.0% below Baku
Baku city-wide
2 188 ₼/m²
Nearby districts
1 904 ₼/m²
13.0% below Baku
1 385 ₼/m²
36.7% below Baku
1 792 ₼/m²
18.1% below Baku

Sale price trend

Sale - by room count

1 rooms2 141 ₼/m²6
2 rooms1 700 ₼/m²24
3 rooms1 964 ₼/m²26
4+1 625 ₼/m²13

Rent price trend

Rent - by room count

1 rooms9 ₼/m²2
2 rooms10 ₼/m²2
3 rooms5 ₼/m²4
4+1 ₼/m²1

Rent yield

Expected yield
4.1%
District rent ~430 ₼/mo

Frequently asked questions

The average apartment price in Mərdəkan over the past week is 125 000 AZN.
A square metre in Mərdəkan is roughly 1 750 AZN.
Not enough data yet for a 52-week comparison.
The average 2-room apartment in Mərdəkan is 112 000 AZN.
The gross annual rental yield in Mərdəkan is about 4.1%.
Mərdəkan apartment prices · 1 750 ₼/m² · Mənzil.ai