Prime Residence

Baku, Azerbaijan

1 / 15

Price from

$214,820

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

$2,000 / m²

cheaper than 65% of city projects

-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

81 - 213 m²

Bedrooms

1 - 3

Readiness

Under construction

Available

28 of 28

Dry season

Jul, Aug, Jun

Is this expensive for the city

$2,000per m²cheaper than 65% of city projects

Median $2,100
$1,694$7,683

-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

  1. Step 1

    On contract

    30%

    $64,446

Total$214,820

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

ROI Calculator

$200$3,250

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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40%100%
0%20%
Monthly income

$781

Annual income

$9,376

Gross yield

5.8%

Net yield

4.4%

Value in 5 years

$287,478

5-year ROI

56%

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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
Monthly climate normal: temperature and rainfall
MonthTemperature, °CRainfall, mm
Jan6.016
Feb5.715
Mar7.616
Apr10.913
May17.310
Jun22.76
Jul25.93
Aug26.54
Sep23.013
Oct17.822
Nov12.225
Dec8.117

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

28

Available

28

Area

81 - 213 m²

Description

Six buildings and 28 units make up Prime Residence, a condo development under construction in Baku, Azerbaijan. The developer is Nardaran Invest MMC, and the project sits within the City of republican subordination Baku.

Units range from one to three bedrooms, with areas from 80.6 to 212.9 square meters. All 28 units are currently available, so the full range of layouts, from one-bedroom to three-bedroom, is still open to buyers. Prices start at 214,820 USD and go up to 681,280 USD, with a price per square meter of 2,665 USD.

The project is spread across 6 separate buildings, which is how the 28 total units are distributed across the site. Bedroom counts of one, two, or three cover a range of household sizes, from a single buyer to a larger family needing more space. At 212.9 square meters, the largest units in the development are sized closer to a house layout than a typical apartment.

As the project is still under construction, buyers are purchasing ahead of completion, which is standard for developments at this stage in Baku. No further details on the exact address or surrounding infrastructure are available beyond what is listed here. Anyone considering Prime Residence should confirm current construction progress and unit availability directly before proceeding.

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.

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