District trends
Nərimanov apartment prices
Average AZN/m²
3 098AZN/m²+0.1%
Active listings
9,471
Baku city-wide
+11.8%Nərimanov is priced in the upper range of Baku's areas. There are currently 9 471 active listings, with an average price of 3 098 AZN per square meter. Prices were stable this past week. That is notably above the Baku average.
Compared
Sale price trend
Sale - by room count
RoomsAvg AZN/m²MoMActive
1 rooms3 4490.5%252
2 rooms3 4680.2%3600
3 rooms3 0000.3%4137
4+2 6820.2%1482
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms147.3%178
2 rooms120%2909
3 rooms100%2298
4+80.8%467
Rent yield
Expected yield
4.3%
A typical apartment rents for about 1 000 AZN a month, 12 000 AZN a year. At that rate it pays back its price in about 23 years.
Top complexes in this district
-2%218 listingsEast Park
3 037AZN/m²
~316 000 AZN
+23%171 listingsQaya Qala Residence
3 818AZN/m²
~220 000 AZN
+19%74 listingsWhitestone Residence
3 700AZN/m²
~388 750 AZN
+7%60 listingsGrand Narimanov
3 305AZN/m²
~365 000 AZN
-1%55 listingsÇarbağ MTK
3 060AZN/m²
~310 000 AZN
+18%39 listingsMəqam MTK
3 656AZN/m²
~295 000 AZN
+3%37 listingsZirvə Park
3 200AZN/m²
~485 000 AZN
+66%35 listingsRoseville Residence
5 150AZN/m²
~1 145 000 AZN
Frequently asked questions
The average apartment price in Nərimanov over the past week is 278 000 AZN.
A square metre in Nərimanov is roughly 3 098 AZN.
Over the past 52 weeks the average price per m² has risen +2.7%.
The average 2-room apartment in Nərimanov is 230 000 AZN.
The gross annual rental yield in Nərimanov is about 4.3%.