Arabkir is Yerevan’s second most popular district and arguably its most actively developed one: in the first quarter of 2026, sales here grew almost 2.5x year over year. The site currently lists 28 new developments in Arabkir — from compact club-house buildings with 80 apartments to New Komitas, which will eventually grow to 3,300 apartments. Below is what’s good about the district, what to check beforehand, and which specific new developments we’d recommend looking at first.
Why the construction boom is happening here
Arabkir still has vacant industrial zones available for development, and right next to them — the district’s full infrastructure and roads leading straight into Kentron. That’s a rare combination for Yerevan: you don’t have to wait for the district to “grow into” the city, and you can find an apartment for almost any budget — from $1300 to $3500 per square meter.
What’s good about Arabkir
Schools, clinics, shops, and cafes exist in every part of the district — unlike many newer locations, where infrastructure only catches up after buildings are already handed over. The air is noticeably cleaner and cooler than in Kentron, since the district sits higher in elevation.
The range of offerings here is surprisingly wide. Real premium sits comfortably alongside budget club houses — Sunday Towers, right in the heart of the district, holds prices from $2176 per square meter. I personally brought our engineers there, and the concrete and glazing quality is a cut above the Yerevan standard — they were a little shocked.
There are hidden upsides too, if you know where to look. On Grachya Kochar street, 27A, behind an ordinary garage block, there’s a landscaped courtyard with a football pitch, a sports area, and 26 benches. Arabkir’s older buildings often don’t lag behind the new ones in infrastructure — it’s just not visible from the avenue.
What to watch out for
Utility network capacity in the district hasn’t grown along with the number of new buildings. That’s the main reason power and water outages happen noticeably more often here than the city average: the Armenian outlet Hetq looked into the network-failure statistics and reached the same conclusion. We warn every client about this — a backup water tank is worth treating as a given here, not an option.
The second issue is traffic. Closer to Komitas, where the most new buildings are concentrated, getting in and out gets noticeably harder every year, and some streets simply weren’t designed for this density. On Riga street, one of the district’s up-and-coming pockets, several new buildings have replaced private houses over the past two years — but the street itself is narrow, and traffic jams are almost inevitable as construction continues.
If quiet matters more to you than proximity to the center, take a look at neighboring Zeytun: density is lower there, it has its own Akhtanak park, and Arabkir’s infrastructure is still within walking distance. The descent toward Kentron along Azatutyan is fairly comfortable. Zeytun historically doesn’t have many stone buildings — more panel housing and private sector — so it can’t yet match Arabkir’s “urban” polish.
Which new developments are worth a look
Park View Residence Club House — the most affordable way into the district: from $1333 per square meter, club-house format, handover in April 2028. Good for those willing to wait for the lowest entry price.
New Komitas — the district’s largest project, eventually 3,300 apartments, from $1415 per square meter, handover at the end of 2027. It’s essentially a separate quarter with its own infrastructure, not just a building.
Handover is already in December 2025 for Griboedov Premium, from $1524 per square meter. A rare case for the district where you’ll barely have to wait to move in.
Ani Premium Residential Complex holds a mid-range price for the district — from $1700 per square meter — with a further-out but realistic handover horizon at the end of 2027.
Sunday Towers — from $2176 per square meter, premium right in the heart of Arabkir, with a closed courtyard, a pool, and a coworking space. We generally like this project for its balance of location and construction quality.
Two ready options — Arabkir 27 Complex and Arabkir 51, already-handed-over buildings at $2000–2300 per square meter. You can move in right away or rent it out without waiting for construction — a rarity for a district where most listings are still at the foundation stage.
Closing out the list is Aygedzor 3 — the most expensive option, from $3537 per square meter, handover in early 2026.
Arabkir suits those who want ready-made infrastructure, proximity to the center, and a wide budget range — and are willing to put up with utility outages and growing traffic as the price of that. If quiet and low density matter more than the address, it’s worth looking at neighboring districts like Zeytun.
More about the district’s new developments — on the Arabkir page.