Baku, Azerbaijan
Price from
$108,035
US dollar amounts are shown for easier comparison. The developer's price is set in the listing currency.
$1,950 / m²
-7% 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
52 - 89 m²
Bedrooms
1
Readiness
Under construction
Available
16 of 16
Dry season
Jul, Aug, Jun
Properties
Condominium
Area
52 - 89 m²
Bedrooms
1
Readiness
Under construction
Is this expensive for the city
$1,950per m²cheaper than 75% of city projects
-7% 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%$32,411
Step 2
Before commissioning
70%$75,625
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$318
$3,820
5.3%
3.5%
$144,575
52%
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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, 49.9. This is a multi-year normal, not a weather forecast.
About the project
Properties
Condominium
Status
Under construction
Total units
16
Available
16
Area
52 - 89 m²
Properties
Condominium
Status
Under construction
Total units
16
Available
16
Area
52 - 89 m²
Description
Four buildings make up Sky Park, a condo project under construction in Baku, Azerbaijan, developed by Nardaran Invest MMC. The project sits within the City of republican subordination Baku region.
The complex holds 16 units in total, all one-bedroom layouts, ranging from 52.2 to 88.8 square meters. Prices start at 108,035 USD and go up to 257,520 USD, working out to 2,070 USD per square meter. All 16 units remain available, so the full range of sizes within that span is still open to buyers.
Sky Park is classified as a condo development. Spreading the 16 units across four separate buildings keeps the number of units per building relatively low.
The project is currently at the under construction stage, aimed at buyers looking at property in Baku, Azerbaijan ahead of completion.
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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