A metro station for Ajapnyak: who would live near the metro
Of the 826 flats offered for sale or rent in Ajapnyak over the last 30 days, none is within 800 m of the metro. With the new station, about one in four would be.
On 26 October, Yerevan Mayor Tigran Avinyan said construction of the Ajapnyak metro station should start next year, that an Armenian company must build it, and that the land the station needs will be declared of overriding public interest (Armenpress, NT). It would be the 11th station of the Yerevan metro and the first on the far side of the Hrazdan gorge.
We looked at it from the side of the people who live in Ajapnyak today or are looking for a flat there. How far is the metro now, and how many flats would end up within walking distance of the new station?
Where the station would be
City Hall has not published the exact site or a map of the line. In 2023 the station was reported to be near the junction of Halabyan and Abelyan streets (Infocom), and Yerevan's master plan marks a planned station about 225 m from that junction. On the map we use the junction as an approximate point. The line would run in a tunnel from Barekamutyun station to the gorge, cross it on a bridge, and go underground again to the station (ARKA).
How far the metro is today
From Ajapnyak's flats to the nearest metro entrance it is 2.3 km in a straight line (the median: half of the flats are closer, half are farther). By road it is longer, because the gorge is in between. We count 800 m, about a 10-minute walk, as walking distance. Today none of Ajapnyak's 826 flats is that close.
The 199 flats that would be within 800 m of the new station are about 1.4 km from the metro today in a straight line (median). Of them, 107 are for sale and 92 for rent. Taking the station point from the master plan instead gives 233 (28%). So the fairest way to put it is "about one in four".
In Kentron and Shengavit about 70% of flats are within walking distance of the metro, in Arabkir one in three. Malatia-Sebastia, Davtashen, Kanaker-Zeytun, Avan and Nor Nork are where Ajapnyak is: under 1%. The new station would lift Ajapnyak to between Erebuni and Arabkir.
What flats around the station ask
Within 800 m of the station, the median asking price is $2,193 per m², against $1,841 for Ajapnyak as a whole. Rents are almost the same, about $910 a month. These are today's prices, and they do not mean the station has already moved prices: these flats are also closer to Arabkir and the city centre.
| From the station | Flats | Sale, per m² ($) | Sale price ($) | Size (m²) | Rent a month ($) | To the metro today (km) |
|---|---|---|---|---|---|---|
| up to 800 m | 199 | 2,193 | 150,000 | 73 | 915 | 1.4 |
| 800 m – 1.5 km | 283 | 1,902 | 135,000 | 75 | 888 | 2.2 |
| over 1.5 km | 344 | 1,681 | 131,064 | 77 | 915 | 2.8 |
| All of Ajapnyak | 826 | 1,841 | 135,000 | 75 | 912 | 2.3 |
Ajapnyak and Arabkir
Ajapnyak
- Within 800 m of the metro
- 0 % · as of 4 Nov 2026
- To the metro (median)
- 2.3 km · as of 4 Nov 2026
- Sale, per m² (median)
- 1,841 $ · as of 4 Nov 2026
- Rent a month (median)
- 912 $ · as of 4 Nov 2026
826 flats, no metro station.
Arabkir
- Within 800 m of the metro
- 34.8 % · as of 4 Nov 2026
- To the metro (median)
- 1.2 km · as of 4 Nov 2026
- Sale, per m² (median)
- 2,421 $ · as of 4 Nov 2026
- Rent a month (median)
- 1,025 $ · as of 4 Nov 2026
1,689 flats; Barekamutyun station is in the district.
A long story
The design contract was signed in 2021, and the start of construction has been moved several times, from 2024 to 2025 and then 2026 (CivilNet, ARKA). In June 2025 the design passed the state expert review (Yerevan Municipality). In April 2026 City Hall put the investment programme at 107.3 billion drams, about $287 million (ARKA, CivilNet). On 26 October the year given was 2027 (Armenpress, NT).