The most affordable luxury new-build in Moscow, opened in 2023, is taking shape in the Yakimanka area within the Central Administrative District. This is what Izvestia reported, citing the press service of the Metrium real estate agency. The project emphasizes upscale living at a more accessible price point for a market segment that often seeks premium amenities and contemporary design at a reasonable entry cost.
Within this district, buyers can acquire a studio apartment of 27 square meters for around 32.9 million rubles. Across Moscow, developers plan to commission 22 luxury and elite-class projects either partially or in full this year, a figure that marks a significant increase over 2022, reaching 314 percent growth. The message from market participants is clear: demand remains robust for high-end urban living, and builders are responding with a wider array of premium options to meet that interest.
Anna Radjabova, a senior manager in Metrium Premium, pointed out a shift in buyer behavior. In recent months, clients have shown a preference for luxury real estate as a means to preserve capital or secure a more comfortable day-to-day lifestyle, rather than purely as an investment vehicle. This trend underscores the evolving priorities of buyers who value long-term stability and the advantages of high-quality urban spaces.
Drawing on a Bon Ton real estate agency analysis, Izvestia highlighted that the North-West Administrative District has emerged as the most expensive submarket for new business-class properties. The average price per square meter stood at approximately 485.2 thousand rubles, reflecting strong demand and limited supply in a premium segment of Moscow’s housing market. This dynamic helps explain why developers focus on distinctive features, such as location, architectural quality, and the promise of enhanced living experiences, in their premium projects.
Meanwhile, the Avito Real Estate service reported a notable uptick in activity. Over the past year, demand for studios in Moscow rose by 65 percent, signaling sustained buyer interest in compact, well-appointed spaces within the city’s premier neighborhoods. This trend aligns with the broader market pattern where aspirational living spaces are accessible to a growing group of buyers who seek convenience, luxury, and a strong sense of place within Moscow’s evolving urban fabric.