District trends
Nizami apartment prices
Average AZN/m²
3 193AZN/m²+0.1%
Active listings
8,815
Baku city-wide
+15.2%Nizami is priced in the upper range of Baku's areas. There are currently 8 815 active listings, with an average price of 3 193 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 6110.2%453
2 rooms3 553+0.1%2476
3 rooms3 0590.2%3976
4+2 9860.6%1910
Rent price trend
Rent - by room count
RoomsAvg AZN/m²MoMActive
1 rooms151.2%315
2 rooms130%2545
3 rooms110.3%2828
4+93.2%780
Rent yield
Expected yield
4.7%
A typical apartment rents for about 1 200 AZN a month, 14 400 AZN a year. At that rate it pays back its price in about 22 years.
Top complexes in this district
+18%625 listings28 Park Residence
3 763AZN/m²
~381 780 AZN
+20%340 listingsGrand Plaza
3 822AZN/m²
~419 000 AZN
+28%180 listingsKoroğlu Residence
4 102AZN/m²
~349 000 AZN
+9%129 listingsEvim Residence
3 485AZN/m²
~390 000 AZN
+13%115 listings7 Points
3 610AZN/m²
~500 000 AZN
+8%97 listingsServis Palace
3 455AZN/m²
~380 000 AZN
+68%81 listingsClock Tower
5 357AZN/m²
~1 350 000 AZN
+10%79 listingsPilot Həyat Residence
3 497AZN/m²
~366 000 AZN
Frequently asked questions
The average apartment price in Nizami over the past week is 310 000 AZN.
A square metre in Nizami is roughly 3 193 AZN.
Over the past 52 weeks the average price per m² has risen +1.9%.
The average 2-room apartment in Nizami is 230 000 AZN.
The gross annual rental yield in Nizami is about 4.7%.