Azerbaijan's Commercial Property Rental Rates Increase to AZN 16 per Square Metre

On 7 November 2026, the Azerbaijan Chamber of Appraisers reported that median commercial property rental rates increased from AZN 15 to AZN 16 (approximately USD 8.82 to USD 9.41) per square metre in October 2026. The median monthly rent reached AZN 2,000 (approximately USD 1,176), while the median commercial sale price stood at AZN 2,869.6 per square metre. This creates opportunities for property investors, developers, valuation firms and commercial leasing specialists. HPC can support market research and investor connections.

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