
According to the National Statistical Service, the most expensive property in Yerevan is again in Kentron. One square meter residential area in the center of the city in August, 2017 was worth 452,800 drams, while in August, 2016 it was 428 250 drams.
According to the National Statistical Service, the second is the Arabkir community. 1 square meter was 342,500 drams in early September, and 357,350 drams in August 2016.
Kanaker-Zeytun is in the third place. The price for a living space has dropped there. In August, 2017 the price was 266,500 drams per square meter, while in August, 2016 it was 283 150 drams.
In Davtashen also the prices for apartments have decreased during the last year. So, in August, 2017 the cost of 1 square meter was 251,500 drams, and in August, 2016 it was 276 850 AMD.
Avan concludes the top five. One square meter of an apartment costs 247 000 drams, while in 2016 it was 261,800 drams.
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