Park Residences 2, 3, 4 and 5: 5,050 Apartments and No Phase One
Published on 2026-10-27 · 8 min read

Sea Breeze publishes four projects called Park Residences. They hold 5,050 apartments between them, which makes this the largest thing on the resort under a single name - larger than any single tower by a factor of three.
The numbers are not a timeline. Phases 2 and 5 are finished and handed over. Phase 3 hands over in December 2026. Phase 4 is scheduled for February 2029. And the catalogue publishes no page for a Park Residences 1 at all.

The Four, Side by Side
From each project's own page on the resort's site, read 27 October 2026.
| Phase 2 | Phase 3 | Phase 4 | Phase 5 | |
|---|---|---|---|---|
| Status | delivered | in construction | in construction | delivered |
| Completion | delivered | December 2026 | February 2029 | delivered |
| Apartments | 1,260 | 1,620 | 1,872 | 298 |
| Area | 56-160 m² | 57-158 m² | 37-102 m² | 51-160 m² |
| Floors | 7 | 9 | 9 | 4 |
| From | $170,000 | $162,000 | $99,000 | $214,500 |
| Up to | $463,000 | $300,000 | $214,000 | $214,500 |
| Per m², from | $2,600 | $1,700 | $1,700 | $1,950 |
| Finishing | turnkey, furniture and appliances | without fit-out | without fit-out | without fit-out |
| Project scale | 7.75 ha | 7.75 ha | 6.5 ha | 2.5 ha |
| Coastline | third | third | second | second |
Four things in that table are worth more than the rest of this page.
Phase 2 Is the Cheapest Finished Apartment at Sea Breeze
Of the resort's fifteen delivered projects, Park Residences 2 has the lowest entry price at $170,000 - and it is turnkey, with furniture and appliances. The next finished thing is The Grand at $195,000, then Marina Village at $204,000 - though its contractor says handovers there ran through 2026 and were about half done by late August, so read "delivered" as the status word and not as occupancy.
At 1,260 apartments it is also the second-largest delivered building on the coast. That matters beyond bragging: a complex that size has a service-charge history, an occupancy record and an active resale market, none of which exists for anything sold off plan. Our $100,000-200,000 guide puts it against the fourteen off-plan options in the same band.
Phases 3 and 4 Tie for the Cheapest Metre on the Resort
Both publish $1,700/m², the lowest rate anywhere at Sea Breeze. Our comparison with central Baku puts the city's new-build median at 2,812.5 AZN/m², roughly $1,650 - so these two phases price at essentially the city median, on a resort coastline. That is the strongest value statement available here, and it belongs to the family nobody writes about rather than to any of the branded towers.
Their entry prices are $162,000 and $99,000 - a $63,000 difference at an identical rate per metre. The reason is the unit mix, not the value:
Phase 4 is the small-apartment phase. Its range is 37-102 m² where the other three run to 158-160 m². Its ceiling is $214,000, the lowest of the four by a wide margin. So Phase 4 is not a cheaper version of Phase 3 - it is a different product, a building of small units, and the $99,000 entry is the last door under $100,000 - the seventh and highest of the seven options in that band, which starts at Park Lane's $75,000.
Phase 3 Is the Nearest Handover on the Whole Resort
December 2026 is the earliest completion date of anything under construction at Sea Breeze - two months out. Nothing else is inside a year.
That changes the risk shape completely. At $162,000 and $1,700/m², 1,620 apartments across nine floors, a buyer here is not carrying three to five years of construction exposure; they are carrying weeks. What it does not mean is that keys arrive in December. A published completion date is a target, and the thing to ask for is the handover schedule and the contract date, not the brochure year. For context on how these dates have behaved, our slippage audit tracks which announced dates have moved.
It is also sold without fit-out, which for a building two months from completion is the more useful question than the price: a shell you can take possession of in December still needs a fit-out before anyone lives in it.
Phase 5 Publishes One Price, Not a Range
Phase 5's page gives $214,500 as the cost of units and $214,500 as the price up to. Every other project at the resort publishes a floor and a ceiling that differ, usually by two or three times.
A single flat figure across a 298-apartment building spanning 51-160 m² cannot be a real price range. At the project's published $1,950/m², $214,500 works out to exactly 110 m² - squarely inside that span. So the most likely reading is that the page is showing one specific apartment of about 110 m², the last or the only one still priced, rather than a range for the building.
We cannot confirm that from the page, and we are not going to present the arithmetic as fact. But it is the question to put to the sales office: is $214,500 one unit, and is anything else in Phase 5 available? A 298-unit, four-storey delivered project sold shell is the smallest and lowest-rise of the four, and the one most likely to be effectively finished as a sales proposition.
Two Sites, Not Four
The scale figures group the phases in pairs. Phases 2 and 3 both report 7.75 ha on the third coastline; Phases 4 and 5 report 6.5 ha and 2.5 ha on the second.
The identical 7.75 ha for Phases 2 and 3 is most simply read as one site developed in two stages, which fits their matching area ranges (56-160 and 57-158 m²) and adjacent floor counts. If that is right, a Phase 3 buyer in December 2026 moves in next to a delivered Phase 2 - neighbours, management and service charges already in place and inspectable before signing. That is a genuinely unusual position at this resort, and it is worth confirming on the site plan rather than taking from a matching hectare figure.
There Is No Park Residences 1
The catalogue publishes phases 2, 3, 4 and 5. Following the links between the family's own pages turns up those four slugs and no others, and there is no page for a Phase 1.
We are not going to tell you it does not exist. A first phase could have been delivered before the current site was built, could have been renamed, or could have been folded into Phase 2 - and a missing page is not evidence of a missing building, a lesson this site has learned expensively. What we can say is that the developer currently publishes nothing under that name, so a listing offering you "Park Residences 1" is describing something the resort does not document, and the first question is which of these four it actually is. Our project master list covers the whole official inventory.
What to Ask
- Which phase, and is it delivered? Two of the four are. The number does not tell you - 2 and 5 are standing, 3 and 4 are not.
- For Phase 3: what is the contract completion date and the handover schedule? December 2026 is two months away, which makes this answerable in a way no other project here is.
- For Phase 5: is the $214,500 a single apartment? The page gives the same figure as floor and ceiling.
- For Phase 4: what area sits behind the $99,000? The range starts at 37 m², and the entry price attaches to the smallest unit.
- For Phase 2: what is the service charge, and what has it done since handover? It is delivered, so there is a real answer.
- What does fit-out cost? Three of the four are sold shell, including both the December 2026 phase and one of the two delivered ones.
Sources
- Sea Breeze official project pages, read 27 October 2026 -
seabreeze.az/en/real-estate/park-residences-2-2,park-residences-3-2,park-residences-4-2andpark-residences-5. Apartment counts, areas, floors, completion, status, finishing, cost of units, price up to, per-metre floors, project scale and coastline for each phase. Collected in.claude/seo/data/seabreeze-official-2026-10-25.csv. - The absence of a Phase 1 is from following the inter-page project links on those four pages, which reach no other
park-residencesslug. The resort's/en/real-estateindex is built in JavaScript and serves no project links to a text client, so it cannot be used for this check. - Baku's new-build median of 2,812.5 AZN/m²: Appraisers' Chamber, July 2026, via our district price survey.
Not verified: whether Phases 2 and 3 share one site - the identical 7.75 ha is suggestive, not conclusive; whether $214,500 at Phase 5 is one apartment, and what the 110 m² arithmetic actually corresponds to; fit-out cost at any phase; service charges anywhere; and whether a Park Residences 1 exists under another name or was never built.
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