Gardens Residences

Baku, Azerbaijan

1 / 15

Price from

$202,980

US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.

$2,300 / m²

pricier than 55% of city projects

+10% vs the city median (Baku), sample of 23 projects

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Data verified Aug 8, 2026price source: developer partner networkupdated 2 mo. ago

Properties

Condominium

Area

57 - 168 m²

Bedrooms

1 - 2

Completion

Q2 2027

Readiness

Under construction

Dry season

Jul, Aug, Jun

First instalment

30%

Properties

Condominium

Area

57 - 168 m²

Bedrooms

1 - 2

Completion

Q2 2027

Readiness

Under construction

Dry season

Jul, Aug, Jun

First instalment

30%

Is this expensive for the city

$2,300per m²pricier than 55% of city projects

Median $2,100

$1,694$7,683

+10% vs the city median (Baku), sample of 23 projects

Rate as of 2026-10-12, city data updated 2026-10-12. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue.

The cost of this project

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What it really costs

Payment plan

Step 1
On contract
30%
$60,894
Step 2
Before commissioning
61%
$123,818
Step 3
After transfer
9%
$18,268

Total100%$202,980

The developer may revise the payment schedule. Confirm the current terms before the deal.

ROI Calculator

Purchase price: $202,980

Monthly rent: $1,000

$200$3,050

A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.

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Occupancy rate: 95%

40%100%

Annual appreciation: 6%

0%20%

Monthly income

$704

Annual income

$8,450

Gross yield

5.6%

Net yield

4.2%

Value in 5 years

$271,633

5-year ROI

55%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

When is the season here

Driest months: Jul, Aug, Jun

Wettest months: Nov, Oct, Dec

Dry months per year: 6. A month counts as dry when its rainfall is below the annual median of monthly rainfall.

Rainfall, mm per monthTemperature, °C

Show monthly table

Monthly climate normal: temperature and rainfall
Month	Temperature, °C	Rainfall, mm
Jan	6.0	16
Feb	5.7	15
Mar	7.6	16
Apr	10.9	13
May	17.3	10
Jun	22.7	6
Jul	25.9	3
Aug	26.5	4
Sep	23.0	13
Oct	17.8	22
Nov	12.2	25
Dec	8.1	17

Source: NASA POWER, climate normal (2001-2020). Grid node 40.6, 50.0. This is a multi-year normal, not a weather forecast.

About the project

Properties

Condominium

Completion

Q2 2027

Status

Under construction

Area

57 - 168 m²

Properties

Condominium

Completion

Q2 2027

Status

Under construction

Area

57 - 168 m²

Description

Nardaran Invest MMC is building Gardens Residences in Baku, within the city of republican subordination of Baku. The project is under construction, with completion set for May 2027.

The lineup includes one and two bedroom units, with areas ranging from 57.35 to 168.24 square meters. That span covers compact layouts alongside larger two bedroom configurations.

Prices start at 202,980 USD and reach 655,700 USD, with a price per square meter of 2,300 USD. The gap between the lowest and highest price tracks the difference between the smallest and largest unit on offer.

Gardens Residences is located in Baku, Azerbaijan.

This description was prepared with the help of artificial intelligence from developer data and public sources. Please check key figures and terms with our adviser.

Location

Baku, Azerbaijan

Market context

Apartment price growth

17%

Villa price growth

20.2%

Transaction volume

13%

Average rent

883 manats

Price per sqm

2,388 manats

Apartment prices in Baku have continued to rise, with a year‑over‑year increase of around 17% in 2025, while rental rates are also climbing, reflected in a median monthly rent of 883 manats. Demand for rental housing remains strong, driven by foreign specialists, international companies and the influx of residents linked to reconstruction projects. The market stays attractive to foreign buyers, who can purchase apartments (though not land) and benefit from residence‑permit programmes tied to real‑estate investment.

Sources (6) · updated 21/08/2026

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