District trends

Qara Qarayev apartment prices

Average AZN/m²
2 938AZN/m²0%
Active listings
9,444
Baku city-wide
+5.9%

Qara Qarayev is priced in the upper range of Baku's areas. There are currently 9 444 active listings, with an average price of 2 938 AZN per square meter. Prices were stable this past week. That is slightly above the Baku average.

Compared

This district
2 938 AZN/m²
5.9% above Baku
Baku city-wide
2 773 AZN/m²

median price per m² across 51 978 active listings, 3 November

Nearby districts
2 665 AZN/m²
3.9% below Baku
2 988 AZN/m²
7.8% above Baku
2 409 AZN/m²
13.1% below Baku

Sale price trend

Sale - by room count

RoomsAvg AZN/m²MoMActive
1 rooms3 1560.4%526
2 rooms3 1140.5%4285
3 rooms2 802-0.1%3864
4+2 5900.3%769

Rent price trend

Rent - by room count

RoomsAvg AZN/m²MoMActive
1 rooms130%232
2 rooms110.9%2685
3 rooms91.0%1013
4+80.8%71

Rent yield

Expected yield
3.7%

A typical apartment rents for about 700 AZN a month, 8 400 AZN a year. At that rate it pays back its price in about 27 years.

Top complexes in this district

Frequently asked questions

The average apartment price in Qara Qarayev over the past week is 225 000 AZN.
A square metre in Qara Qarayev is roughly 2 938 AZN.
Over the past 52 weeks the average price per m² has risen +1.3%.
The average 2-room apartment in Qara Qarayev is 190 000 AZN.
The gross annual rental yield in Qara Qarayev is about 3.7%.

Searches in this area

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