Baku, Azerbaijan
Price from
$115,395
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$2,350 / m²
+12% 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
46 - 164 m²
Bedrooms
1 - 3
Completion
Q4 2028
Readiness
Under construction
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
46 - 164 m²
Bedrooms
1 - 3
Completion
Q4 2028
Is this expensive for the city
$2,350per m²pricier than 60% of city projects
+12% 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.
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What it really costs
Payment plan
Step 1
On contract
30%$34,619
Step 2
Before commissioning
70%$80,777
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
Ask agent about rental ratesTelegram$396
$4,746
5.9%
4.1%
$154,425
54%
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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.
Show monthly table
| 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, 49.9. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Completion
Q4 2028
Status
Under construction
Area
46 - 164 m²
Properties
Condominium
Completion
Q4 2028
Status
Under construction
Area
46 - 164 m²
Description
Prime Residence 2 is a condo development under construction in Baku, Azerbaijan, within the City of republican subordination Baku. The developer is Nardaran Invest MMC, and completion is scheduled for December 2028.
The units on offer range from one to three bedrooms, with areas spanning from 46.2 to 164.1 square meters. This spread covers everything from a compact one-bedroom layout to a larger three-bedroom apartment.
Prices start at 115,395 USD and go up to 434,865 USD, with a price per square meter of 2,350 USD. The final price of a given apartment therefore depends on its size and bedroom count.
The project is located in Baku, the capital of Azerbaijan, within the city's republican subordination boundaries.
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
- Dashinmaz emlak bazari_en
- Baku rental market reflects strong activity in real estate
- CBA notes surge in latest housing prices in Azerbaijan - Trend.Az
- Buying Real Estate in Azerbaijan | Housing Prices and Residence Permit through Investment
- Bangkok Luxury Housing Market - Knight Frank Thailand | RE Talk Asia
- The SFH # Report 2025
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