BAKU, Azerbaijan, June 8. The average price of 1 square meter of an apartment in Tehran city was 364 million rials (about $8,655) in the 2nd month of the current Iranian year (April 21 through May 21, 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 6.1 percent compared to the 1st month of the current Iranian year (March 21 through April 20, 2022). So, the average price of 1 square meter of an apartment in Tehran city was 343 million rials (about $8,160) in the 1st month.
In addition, the average price of 1 square meter of an apartment in the 2nd month increased by 26.2 percent, compared to the same month last Iranian year.
“The most expensive price for apartments between 22 districts of Tehran was registered in the 1st district over the second month. Thus, the price of apartments per square meter in the district amounted to 744 million rials (about $17,723). Meanwhile, the cheapest apartment prices in the second month were registered in the 18th district," said the report.
"So, the price of apartments per square meter in this district was 184 million rials (about $4,371). The prices in these districts increased by 23.6 percent and 53.4 percent, respectively, compared to the same month of the last Iranian year,” the statistics said.
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Period |
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2nd month of the current Iranian year (April 21 through May 21, 2022) |
1st month of the current Iranian year (March 21 through April 20, 2022) |
2nd month of the last Iranian year (April 21 through May 21, 2021) |
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Buy/sell of apartments |
10,490 |
3,427 |
3,938 |
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The average price of apartments per square meter ($) |
8,655 |
8,160 |
6,856 |
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