BAKU, Azerbaijan, April 5. The average price of 1 square meter of an apartment in Tehran city was 351 million rials (about $8,361) in the 12th month of the last Iranian year (February 20 through March 20, 2022), Trend reports via the statistics of the Central Bank of Iran (CBI).
According to the statistics, the price of apartments per square meter increased by 6.2 percent compared to the 11th month of the last Iranian year (January 21 through February 19, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 331 million rials (about $7,870) in the 11th month.
In addition, the average price of 1 square meter of an apartment in the 12th month increased by 16 percent, compared to the same month preceding Iranian year.
“The most expensive price for apartments between 22 districts of Tehran was registered in the 1st district over the 12th month. Thus, the price of apartments per square meter in the district amounted to 775 million rials (about $18,445). Meanwhile, the cheapest apartment prices in the 12th month were registered in the 18th district," said the report.
"So, the price of apartments per square meter in this district was 166 million rials (about $3,943). The prices in these districts increased by 17.2 percent and 36.5 percent, respectively, compared to the same month of the preceding Iranian year,” the statistics said.
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Period |
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12th month of the last Iranian year (Feb. 20 through Mar. 20, 2022) |
11th month of the last Iranian year (Jan. 21 through Feb. 19, 2022) |
12th month of the preceding Iranian year (Feb. 19, through Mar. 20, 2021) |
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Buy/sell of apartments |
6,834 |
8,532 |
5,273 |
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The average price of apartments per square meter ($) |
8,361 |
7,870 |
7,208 |
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