Under construction
$1,950per m²
Park Lane by Nardaran Investment, photo 1Price from
$74,630US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.$1,800 per m²
cheaper than 90% of city projects: -14%Data verified Aug 8, 2026 · price source: developer partner network · updated 2 mo. ago
- Properties
- Condominium
- Area
- 37 - 142 m²
- Bedrooms
- 1
- Completion
- Q4 2028
- Readiness
- Under construction
- Dry season
- Jul, Aug, Jun
- First instalment
- 30%
Price
Is this expensive for the city
$1,800 per m², Baku median $2,100
Median $2,100This project $1,800
$1,694$7,683
-14% vs the city median (Baku), sample of 23 projects. cheaper than 90% of city projects.
Rate as of 2026-10-14, city data updated 2026-10-14. Prices converted to US dollars at the quote-date rate. Source: Housebook catalogue. The scale is logarithmic.
The cost of this project
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What it really costs
Payment plan
- 30%Step 1 · On contract$22,389
- 70%Step 2 · On transfer$52,241
- Total
- 100% · $74,630
The developer may revise the payment schedule. Confirm the current terms before the deal.
ROI Calculator
$37,315$349,812
$50$1,150
A 6% annual yield estimate. We do not have market rental rates for this city yet. Check the real rate with your agent.
40%100%
0%20%
- Monthly income
- $241
- Annual income
- $2,894
- Gross yield
- 6.1%
- Net yield
- 3.9%
- Value in 5 years
- $99,872
- 5-year ROI
- 53%
See calculation details
- Gross annual rent
- $4,560
- Common area fee
- -$810
- Tax (10%)
- -$456
- Agent commission
- -$400
- Net annual income
- $2,894
Read moreCollapse
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
| 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
- 37 - 142 m²
Description
Nardaran Invest MMC is building Park Lane by Nardaran Investment in Baku, Azerbaijan, with completion set for December 2028.
The project offers one-bedroom units ranging from 36.5 to 142.2 square meters. That spread means buyers can choose between a compact layout and a considerably larger one while keeping the same single bedroom.
Prices start at 74,630 US dollars and reach up to 291,510 US dollars, with a price per square meter of 1,800 US dollars.
Park Lane by Nardaran Investment is located in Baku, in the City of republican subordination Baku region.
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.
Price in your currency
Rate: 1 USD = 1 USD≈ $74,630Rate as of 2026-10-14
Denominated in USD - a natural hedge against a weakening USD.
Sources: exchangerate-api.com
Location
Baku, Azerbaijan
Market context
Apartment price growth17%
Villa price growth20.2%
Transaction volume13%
Average rent883 manats
Price per sqm2,388 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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