Baku, Azerbaijan
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
+10% vs the city median (Baku), sample of 23 projects
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Data verified Aug 8, 2026price source: developer partner networkupdated 22 days ago
Properties
Condominium
Area
57 - 168 m²
Bedrooms
1 - 2
Readiness
Under construction
Available
15 of 15
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
57 - 168 m²
Bedrooms
1 - 2
Readiness
Under construction
Is this expensive for the city
$2,300per m²pricier than 55% of city projects
+10% vs the city median (Baku), sample of 23 projects
Rate as of 2026-08-30, city data updated 2026-08-30. 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%$60,894
Step 2
Before commissioning
61%$123,818
Step 3
After transfer
9%$18,268
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$704
$8,450
5.6%
4.2%
$271,633
55%
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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.
| 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
Status
Under construction
Total units
15
Available
15
Area
57 - 168 m²
Properties
Condominium
Status
Under construction
Total units
15
Available
15
Area
57 - 168 m²
Description
Nardaran Invest MMC is building Gardens Residences across five separate buildings in Baku, Azerbaijan. The project is currently under construction and sits within the City of republican subordination Baku. All 15 units in the development remain available, which means every layout and building is still open to choose from.
Units are offered as one or two bedroom apartments, with sizes ranging from 57.35 to 168.24 square meters. This spread covers smaller one bedroom apartments alongside larger two bedroom layouts suited to more space.
Prices start at 202,980 USD and go up to 655,700 USD, with an average price per square meter of 3,539 USD. The gap between the lowest and highest price corresponds to the difference in unit size and bedroom count across the 15 units.
Gardens Residences is located in Baku, Azerbaijan. No further details on amenities, finishes, or a completion date are available beyond what is listed here.
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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