District trends
Nardaran apartment prices
Average AZN/m²
3 942AZN/m²-0.1%
Active listings
1,664
Baku city-wide
+42.3%Nardaran is one of the most expensive of Baku's areas. There are currently 1 664 active listings, with an average price of 3 942 AZN per square meter. Prices were stable this past week. That is notably above the Baku average.
Compared
This district
3 942 AZN/m²
42.3% above Baku
Baku city-wide
2 770 AZN/m²
median price per m² across 53 040 active listings, 4 November
Nearby districts
3 833 AZN/m²
38.4% above Baku
1 482 AZN/m²
46.5% below Baku
1 308 AZN/m²
52.8% below Baku
Sale price trend
Sale - by room count
RoomsAvg AZN/m²MoMActive
1 rooms3 8250.3%754
2 rooms3 9910.8%664
3 rooms4 077-0.1%198
4+3 8860%48
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms173.4%258
2 rooms395.0%380
3 rooms373.5%155
4+670%9
Rent yield
Expected yield
13.8%
A typical apartment rents for about 3 000 AZN a month, 36 000 AZN a year. At that rate it pays back its price in about 7 years.
Top complexes in this district
+32%67 listingsLight House
5 200AZN/m²
~315 000 AZN
-25%58 listingsPark Lane
2 953AZN/m²
~116 499 AZN
+36%43 listingsBrabus Island Sea Breeze
5 360AZN/m²
~268 000 AZN
+46%27 listingsSea Breeze Grand Hotel
5 737AZN/m²
~560 000 AZN
-31%12 listingsPark Residence 4
2 712AZN/m²
~141 780 AZN
+6%5 listingsPalazzo Del Vento
4 197AZN/m²
~305 000 AZN
Frequently asked questions
The average apartment price in Nardaran over the past week is 260 283 AZN.
A square metre in Nardaran is roughly 3 942 AZN.
Over the past 52 weeks the average price per m² has fallen −3.6%.
The average 2-room apartment in Nardaran is 304 906 AZN.
The gross annual rental yield in Nardaran is about 13.8%.