District trends
Mərdəkan apartment prices
Average ₼/m²
1 806₼/m²0.0%
Active listings
90
Baku city-wide
-16.6%Mərdəkan is mid-priced of Baku's areas. There are currently 90 active listings, with an average price of 1 806 ₼ 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
9 listings
2 rooms
1 700₼/m²
32 listings
3 rooms
1 933₼/m²
31 listings
4+
1 638₼/m²
18 listings
Rent price trend
Rent - by room count
1 rooms
9₼/m²
2 listings
2 rooms
10₼/m²
4 listings
3 rooms
5₼/m²
7 listings
4+
4₼/m²
2 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 1 806 AZN.
Over the past 52 weeks the average price per m² has fallen −15.5%.
The average 2-room apartment in Mərdəkan is 105 000 AZN.
The gross annual rental yield in Mərdəkan is about 4.3%.