Baku, Azerbaijan
Price from
$178,800
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$2,000 / m²
-5% 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
85 - 226 m²
Bedrooms
1 - 2
Readiness
Ready
Available
43 of 43
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
85 - 226 m²
Bedrooms
1 - 2
Readiness
Ready
Is this expensive for the city
$2,000per m²cheaper than 65% of city projects
-5% 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%$53,640
Step 2
After transfer
70%$125,160
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$627
$7,524
5.7%
4.2%
$239,275
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
Ready
Total units
43
Available
43
Area
85 - 226 m²
Properties
Condominium
Status
Ready
Total units
43
Available
43
Area
85 - 226 m²
Description
Fourteen buildings and 43 units make up Polo Residences, a condo development in Baku built by Nardaran Invest MMC. Construction is complete and the property is ready for occupancy. The project sits within the City of republican subordination Baku region.
All 43 units remain available, offered as one or two bedroom layouts ranging from 84.8 to 226.3 square meters. That spread covers both a compact one-bedroom option and a larger two-bedroom apartment within the same development.
Prices start at 178,800 USD and go up to 688,050 USD, with an average price per square meter of 2,108 USD. Since all 43 units are still listed as available, the full range of layouts and sizes remains open to buyers at this stage.
As a completed project, Polo Residences suits buyers looking for a condo in Baku without a construction timeline to track. The development is finished, the unit count is fixed at 43 across 14 buildings, and pricing spans a wide bracket tied to the size range of the units on offer.
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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