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Section: Real Estate

Azerbaijan property buyers receive AZN 29.8 million in VAT refunds
Real Estate

Azerbaijan property buyers receive AZN 29.8 million in VAT refunds

The January-October total covers cashless purchases of residential and non-residential premises from developers.

Sadraddin AghjayevNovember 13, 2026
MIDA to offer 1,049 preferential apartments on December 16
Real Estate

MIDA to offer 1,049 preferential apartments on December 16

Most apartments are in Binagadi. Mortgage financing is not available for every project in this sale.

Sadraddin AghjayevNovember 13, 2026
Commercial rents reach AZN 16 per square metre: the cost for businesses
Real Estate

Commercial rents reach AZN 16 per square metre: the cost for businesses

The median rate rose 6.7% in a month. We calculate the difference for three unit sizes.

Zeyni JafarovNovember 8, 2026
AIREX in Baku puts infrastructure alongside housing investment
Real Estate

AIREX in Baku puts infrastructure alongside housing investment

More than 70 companies from 14 countries took part, with urban infrastructure among the discussion themes.

Zeyni JafarovNovember 8, 2026
PASHA Real Estate estimates branded-residence price premium at 20-40%
Real Estate

PASHA Real Estate estimates branded-residence price premium at 20-40%

The AIREX statement compares housing formats; it is not an annual price-growth index or a guaranteed investment return.

FinFly NewsroomNovember 5, 2026
DubaiNow brings tenancy registration and the utilities deposit into one process
Real Estate

DubaiNow brings tenancy registration and the utilities deposit into one process

The Ejari certificate is issued as soon as a lease is approved. Tenants can also pay the deposit for electricity and water in the same application.

FinFly NewsroomNovember 5, 2026
Emaar intends to offer AED 15 per share for the rest of Emaar Development
Real Estate

Emaar intends to offer AED 15 per share for the rest of Emaar Development

The proposed cash offer needs approval from the Emaar Properties board and would cover shares the group does not already own.

FinFly NewsroomNovember 5, 2026
Sabirabad cropland starts at twice the annual rent per hectare of pasture
Real Estate

Sabirabad cropland starts at twice the annual rent per hectare of pasture

Six municipal lots offered on the same lease term started at about AZN 220 and AZN 105 per hectare per year. The figures are opening terms, not winning bids.

Sadraddin AghjayevNovember 5, 2026
Azerbaijan’s mortgage fund has financed 61,010 loans worth AZN 4.19 billion
Real Estate

Azerbaijan’s mortgage fund has financed 61,010 loans worth AZN 4.19 billion

The average loan across the life of the programme was about AZN 68,750. That figure is not a measure of what a homebuyer borrows today.

FinFly NewsroomNovember 5, 2026
New-build apartments carry a 7.3% asking-price premium but only a 1.9% rent premium
Real Estate

New-build apartments carry a 7.3% asking-price premium but only a 1.9% rent premium

For a 60 m² apartment, October asking prices imply a gap of AZN 11,796 to buy but just AZN 12 a month to rent.

Sadraddin AghjayevNovember 4, 2026
AIREX real estate and investment exhibition opens in Baku
Real Estate

AIREX real estate and investment exhibition opens in Baku

The first edition runs at Baku Expo Center through November 6. The opening day focuses on development projects and Azerbaijan’s urban planning priorities.

FinFly NewsroomNovember 4, 2026
Kristal Baku returns to profit but liabilities exceed assets
Real Estate

Kristal Baku returns to profit but liabilities exceed assets

The developer earned AZN 8.25 million in 2025, while its balance sheet showed negative equity of AZN 40.16 million at the start of 2026.

FinFly NewsroomNovember 2, 2026
Russia’s escrow-backed individual housing reaches 5 million sq m
Real Estate

Russia’s escrow-backed individual housing reaches 5 million sq m

The total covers both completed homes and projects still under construction.

Zeyni JafarovOctober 29, 2026
Tokayev proposes KZT 6.5 trillion infrastructure allocation
Real Estate

Tokayev proposes KZT 6.5 trillion infrastructure allocation

National Fund resources are intended for social, transport and utility projects through end-2029.

Zeyni JafarovOctober 29, 2026
Moscow commercial property arrests cover 700,000 square metres this year
Real Estate

Moscow commercial property arrests cover 700,000 square metres this year

Arrests were registered against 1,661 commercial properties covering about 700,000 square metres in Moscow this year, according to Asseto research dated October 16 and published on October 27.

Zeyni JafarovOctober 27, 2026
Stronger housing demand could narrow discounts in Kazakhstan
Real Estate

Stronger housing demand could narrow discounts in Kazakhstan

Stronger apartment demand in Kazakhstan could first reduce sellers’ willingness to negotiate, property expert Vitaly Shalayev said in comments on interest rates and housing.

Zeyni JafarovOctober 27, 2026
Belarus expects 20 million rubles from higher taxes on expensive property
Real Estate

Belarus expects 20 million rubles from higher taxes on expensive property

Higher taxes on expensive property are expected to bring Belarusian local budgets about 20 million rubles, according to Tax Minister Dmitry Kiyko’s remarks on STV, reported by Zerkalo.

Zeyni JafarovOctober 26, 2026
St Petersburg industrial and warehouse completions rise 23%
Real Estate

St Petersburg industrial and warehouse completions rise 23%

Industrial and warehouse completions in St Petersburg and the surrounding Leningrad region reached 592,000 square metres in January–September, up 23% year on year, according to Nikoliers figures published by Vedomosti.

Sadraddin AghjayevOctober 26, 2026
California home sales fall 6.5% while prices remain above last year
Real Estate

California home sales fall 6.5% while prices remain above last year

Sales of existing single-family homes in California fell 6.5% year on year and 3.4% from August in September, according to C.A.R. figures released on October 19.

Zeyni JafarovOctober 25, 2026
Kazakhstan home transactions fall 14.3% year on year
Real Estate

Kazakhstan home transactions fall 14.3% year on year

Kazakhstan recorded 35,406 housing transactions in September, down 14.3% year on year and 1.1% from August, according to the Bureau of National Statistics.

Zeyni JafarovOctober 25, 2026
Singapore home prices rise as developer sales slow
Real Estate

Singapore home prices rise as developer sales slow

Private home prices rose 1.4% in the third quarter. Developer sales fell to 1,183 units, a measure that does not cover the entire resale market.

Zeyni JafarovOctober 25, 2026
Australian capital-city house prices fall 4.7% in a quarter
Real Estate

Australian capital-city house prices fall 4.7% in a quarter

Domain reports house-price declines across every state and territory capital. Perth recorded the sharpest quarterly drop.

Zeyni JafarovOctober 25, 2026
US mortgage rates ease to 7.32% but remain above last year
Real Estate

US mortgage rates ease to 7.32% but remain above last year

The average 30-year mortgage rate eased over the week. On a hypothetical $300,000 loan, the change reduces principal-and-interest payments by about $16.

Zeyni JafarovOctober 25, 2026
UK rents outpace house-price growth in the latest ONS figures
Real Estate

UK rents outpace house-price growth in the latest ONS figures

ONS reports annual rent growth of 3.8% and house-price growth of 0.9%. The measures cover different months and the latest estimates remain provisional.

Zeyni JafarovOctober 25, 2026
New homes in Tbilisi rise 5.9% in price over a year
Real Estate

New homes in Tbilisi rise 5.9% in price over a year

Geostat reports higher new-home prices in Tbilisi in the third quarter. The index uses sellers’ asking prices and is calculated in Georgian lari.

Zeyni JafarovOctober 25, 2026
Four cities, AZN 58.4 million: SOFAZ’s direct property rental income
Real Estate

Four cities, AZN 58.4 million: SOFAZ’s direct property rental income

Four SOFAZ properties in London, Paris, Tokyo and Moscow generated AZN 58.4 million in rent in 2025. Rental growth did not offset a smaller valuation gain.

FinFly NewsroomOctober 20, 2026
Construction slows while apartment prices rise: what Azerbaijan’s housing figures reveal
Real Estate

Construction slows while apartment prices rise: what Azerbaijan’s housing figures reveal

Construction value added is declining while the housing price index is rising. What this means for supply, buyers and mortgage affordability.

Sadraddin AghjayevOctober 17, 2026
Housing Prices in Azerbaijan Rise 1.4% in Q3 2026
Real Estate

Housing Prices in Azerbaijan Rise 1.4% in Q3 2026

In Q3 2026, housing prices in Azerbaijan increased by 1.4% quarter-on-quarter. The annual growth was 8.4%.

Zeyni JafarovOctober 16, 2026
Central Bank of Azerbaijan Finalizes Draft Amendments on Mandatory Property Insurance
Real Estate

Central Bank of Azerbaijan Finalizes Draft Amendments on Mandatory Property Insurance

The Central Bank of Azerbaijan has announced that legislative amendments on mandatory property insurance are in the final stage of coordination. The goal is to improve payout transparency and more accurately determine insured sums.

Zeyni JafarovOctober 15, 2026
Azerbaijan's Revenue from Privatization and State Property Lease Up 14.2%
Real Estate

Azerbaijan's Revenue from Privatization and State Property Lease Up 14.2%

In January-September, Azerbaijan's budget received 165.3 million manats from privatization and lease of state property, 14.2% more than a year earlier.

Zeyni JafarovOctober 15, 2026
Thailand, Turkey and UAE Top Russian Demand for Overseas Property
Real Estate

Thailand, Turkey and UAE Top Russian Demand for Overseas Property

Thailand, Turkey and the UAE remain the most sought-after destinations for Russian property buyers, while Indonesia dropped out of the top 10 due to legal risks. The median transaction budget rose 9.5% to €298,000.

FinFly NewsroomOctober 7, 2026
Commercial Real Estate Prices in Baku Rise 13% Year-on-Year
Real Estate

Commercial Real Estate Prices in Baku Rise 13% Year-on-Year

In September 2026, the average annual growth in prices for non-residential properties in Baku reached 13%. Sabail district saw the highest increase at 27%.

FinFly NewsroomOctober 5, 2026
Azerbaijan to Auction 13 Non-Residential Properties
Real Estate

Azerbaijan to Auction 13 Non-Residential Properties

Azerbaijan's State Housing Construction Agency will sell 13 non-residential properties in the Yasamal and Govsan residential complexes. The auction will be conducted by the Auction Organization Center under the Ministry of Economy.

FinFly NewsroomSeptember 23, 2026
Azerbaijan Boosts Revenue from Privatization and State Property Lease by 20.2%
Real Estate

Azerbaijan Boosts Revenue from Privatization and State Property Lease by 20.2%

In January–August 2026, Azerbaijan's state budget received 152.5 million manats from privatization and lease of state property, up 20.2% year-on-year.

Zeyni JafarovSeptember 23, 2026
Azerbaijan's Mortgage Fund Issues Loans Worth 4.09 Billion Manats
Real Estate

Azerbaijan's Mortgage Fund Issues Loans Worth 4.09 Billion Manats

The Mortgage and Credit Guarantee Fund has issued loans totaling 4 billion 91.682 million manats to 60,016 borrowers. Additionally, 10,092 apartments have been sold through lease.

FinFly NewsroomSeptember 21, 2026
Osman Khaliev Appointed Head of Azerbaijan's Mortgage Fund
Real Estate

Osman Khaliev Appointed Head of Azerbaijan's Mortgage Fund

President of Azerbaijan has signed orders to dismiss Fakhri Kazimov from the post of chairman of the Mortgage and Credit Guarantee Fund and appoint Osman Khaliev to this position.

FinFly NewsroomSeptember 7, 2026
MIDA Conducts Selection of Subsidized Apartments in Three Azerbaijani Cities
Real Estate

MIDA Conducts Selection of Subsidized Apartments in Three Azerbaijani Cities

The State Housing Development Agency (MIDA) held the selection of 535 subsidized apartments in Lankaran, Shirvan, and Yevlakh. The process was carried out under enhanced security measures after attempts of cyber interference.

FinFly NewsroomSeptember 4, 2026
Khalg Bank Launches Campaign for Loans Secured by Real Estate
Real Estate

Khalg Bank Launches Campaign for Loans Secured by Real Estate

Khalg Bank offers consumer loans secured by real estate up to 200,000 AZN at an annual rate from 12% until the end of 2026.

FinFly NewsroomAugust 31, 2026
Khalg Bank Offers Business Loans for Commercial Spaces in Baku City Residences
Real Estate

Khalg Bank Offers Business Loans for Commercial Spaces in Baku City Residences

Khalg Bank has launched lending for non-residential premises in the Baku City Residences BCR Khatai and BCR Olimpik residential complexes for up to 72 months.

FinFly NewsroomAugust 31, 2026
Demand for Homes in Flood-Risk Zones in Baku Plunges
Real Estate

Demand for Homes in Flood-Risk Zones in Baku Plunges

After heavy rains, demand for private homes in high flood-risk areas in Baku and Absheron has plummeted, despite prices halving.

FinFly NewsroomAugust 26, 2026
Tbilisi Home Sales Hit Record 4,503 Apartments in June
Real Estate

Tbilisi Home Sales Hit Record 4,503 Apartments in June

June 2026 was one of the most active months in Tbilisi's residential real estate market, with 4,503 apartments sold and a 52.6% year-on-year growth in the primary market.

FinFly NewsroomAugust 26, 2026
Abu Dhabi Residential Prices Rise 17.8% in Q2 2026
Real Estate

Abu Dhabi Residential Prices Rise 17.8% in Q2 2026

In Q2 2026, residential property prices in Abu Dhabi rose 17.8% year-on-year, with apartments up 24.1%. Growth slowed to a two-year low, but the market remains attractive for investors.

FinFly NewsroomAugust 26, 2026
Dubai Expects Record Housing Handover in 2026
Real Estate

Dubai Expects Record Housing Handover in 2026

In 2026, Dubai may see about 55,600 residential units handed over – the most since 2008. Meanwhile, new launches have declined and construction pace lags behind plans.

FinFly NewsroomAugust 26, 2026
Kazakhstan Distributes 8,600 Rental Apartments in Six Months
Real Estate

Kazakhstan Distributes 8,600 Rental Apartments in Six Months

In the first half of the year, Kazakhstan distributed 8,649 rental apartments, of which 5,361 were privatized. Support measures include preferential mortgages and housing certificates.

Zeyni JafarovAugust 15, 2026
Azerbaijan registers 207,000 property rights in 7 months
Real Estate

Azerbaijan registers 207,000 property rights in 7 months

In January-July 2024, Azerbaijan registered 207,035 property ownership rights, up 1.25% year-on-year.

Zeyni JafarovAugust 14, 2026
Mortgage Fund Provides 208 Rent-to-Own Apartments in Absheron
Real Estate

Mortgage Fund Provides 208 Rent-to-Own Apartments in Absheron

The Mortgage and Credit Guarantee Fund has allocated 208 renovated apartments in Saray settlement, Absheron district, under the rent-to-own mechanism. Monthly payments start from 620 manats.

Zeyni JafarovAugust 13, 2026
Azerbaijan Housing Prices Up 8.6% in Q2 2026
Real Estate

Azerbaijan Housing Prices Up 8.6% in Q2 2026

In Q2 2026, Azerbaijan's housing price index rose 8.6% year-on-year, according to the Central Bank.

Zeyni JafarovAugust 12, 2026
MIDA to Sell 535 Subsidized Apartments in Three Azerbaijani Cities
Real Estate

MIDA to Sell 535 Subsidized Apartments in Three Azerbaijani Cities

The State Housing Development Agency (MIDA) will sell 535 subsidized apartments in Lankaran, Shirvan, and Yevlakh on September 4.

Zeyni JafarovAugust 12, 2026
16 Residential Buildings with 518 Apartments to Be Built in Nakhchivan
Real Estate

16 Residential Buildings with 518 Apartments to Be Built in Nakhchivan

Azerbaijan's State Housing Construction Agency plans to build a residential complex of 16 buildings with 518 apartments in Nakhchivan, including subsidized housing.

Zeyni JafarovAugust 12, 2026
Azerbaijan Mortgage Fund Issues Loans to 59,216 Borrowers Worth 4.3 Billion Manats
Real Estate

Azerbaijan Mortgage Fund Issues Loans to 59,216 Borrowers Worth 4.3 Billion Manats

The Mortgage and Credit Guarantee Fund of Azerbaijan has issued loans totaling 4 billion 338 thousand manats to 59,216 borrowers and sold 9,657 apartments through rental.

Zeyni JafarovAugust 12, 2026
Groundbreaking Ceremony for 307-Bed Hotel Complex Held in Nakhchivan
Real Estate

Groundbreaking Ceremony for 307-Bed Hotel Complex Held in Nakhchivan

President Ilham Aliyev and First Lady Mehriban Aliyeva attended the groundbreaking ceremony of the Nakhchivan Hotel Complex, designed to accommodate 307 guests.

Zeyni JafarovAugust 11, 2026
Azerbaijan Returns 20 Million Manats in VAT for Cashless Real Estate Purchases
Real Estate

Azerbaijan Returns 20 Million Manats in VAT for Cashless Real Estate Purchases

In January-July of this year, Azerbaijan returned 20 million 16.3 thousand manats in VAT to individuals for cashless real estate purchases.

Zeyni JafarovAugust 11, 2026
Azerbaijan Real Estate Market: Land and New Build Prices Rise in July
Real Estate

Azerbaijan Real Estate Market: Land and New Build Prices Rise in July

In July 2024, Azerbaijan's real estate market showed mixed trends: land prices in Baku rose by 4%, new builds by 1.7%, while commercial property and garages saw price declines.

Zeyni JafarovAugust 11, 2026
Khalg Bank Launches Mortgage Program Up to 250,000 Manats
Real Estate

Khalg Bank Launches Mortgage Program Up to 250,000 Manats

Khalg Bank offers mortgage loans up to 250,000 manats for up to 22 years at rates from 11% per annum. The program runs until December 30, 2026.

Zeyni JafarovAugust 4, 2026
Apartment Prices in Sea Breeze Range from 160,000 to 1.5 Million Manats
Real Estate

Apartment Prices in Sea Breeze Range from 160,000 to 1.5 Million Manats

In Baku's premium district Sea Breeze, apartment prices vary significantly, from 160,000 to 1.5 million manats depending on the project.

Zeyni JafarovAugust 4, 2026
Marriott revenue up 5% in Q2
Real Estate

Marriott revenue up 5% in Q2

Marriott International's Q2 net profit rose to $766 million, adjusted earnings beat analyst expectations, but revenue fell short of forecasts.

Zeyni JafarovAugust 3, 2026
Khusnullin: 1.8 million Russian families improved housing conditions in six months
Real Estate

Khusnullin: 1.8 million Russian families improved housing conditions in six months

Deputy Prime Minister Marat Khusnullin reported a 3.7% increase in the number of families improving their housing conditions in the first half of 2026.

Zeyni JafarovAugust 3, 2026
A €1 Million Home Is Unaffordable on an Average Salary in Every EU Country
Real Estate

A €1 Million Home Is Unaffordable on an Average Salary in Every EU Country

Euronews Business calculated that buying a €1 million home requires an annual income of over €130,000, exceeding the average salary in all EU countries.

Zeyni JafarovAugust 2, 2026
Five-Star Baku Resort & Spa Opens on Issyk-Kul Lake
Real Estate

Five-Star Baku Resort & Spa Opens on Issyk-Kul Lake

On July 31, the five-star Baku Resort & Spa hotel, built with Azerbaijan's participation, opened on the shores of Lake Issyk-Kul in Kyrgyzstan. The ceremony was attended by presidents of several countries.

Zeyni JafarovJuly 31, 2026
Uzbekistan Housing Market Transactions Surge
Real Estate

Uzbekistan Housing Market Transactions Surge

Uzbekistan's residential real estate market saw a sharp rise in Q1 2026, with housing transactions up nearly 50% year-on-year, driven by mortgage growth, rising incomes, and buyers rushing to close deals before new escrow rules took effect.

Zeyni JafarovJuly 13, 2026
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