Agalarov Development — the Company Behind Sea Breeze 2026 | Merkaz HaNechasim

Agalarov Development is Emin Agalarov's real estate development arm in Azerbaijan, and is the central party behind the Sea Breeze Resort project.

Founding of the Company

The company was founded in 2023 by Emin Agalarov (see his full business biography), as a dedicated framework for developing properties in Azerbaijan.

The Main Project: Sea Breeze Resort

The most prominent and significant project in the company's portfolio is Sea Breeze Resort in the village of Nardaran, on the Caspian Sea coast (see all the details about the project).

Focus of Activity: Nardaran and the Caspian Coast

Agalarov Development's activity focuses on developing the Nardaran area on the Caspian Sea coast — an area where the project enjoys operational freedom and dedicated infrastructure of its own, and continues to expand (see the future development pipeline).

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Connection to the Parent Company in Russia

Emin Agalarov is the son of Aras Agalarov, founder of the Russian Crocus Group — a broader family-business connection, but Agalarov Development operates as a separate framework focused on Azerbaijan.

What This Means for an Investor

An investor considering Sea Breeze benefits from a clear connection to an identified, active developer, who has personally led the project since its founding.

Frequently Asked Questions

When was Agalarov Development founded?

The company was founded in 2023 by Emin Agalarov, as a dedicated framework for developing properties in Azerbaijan.

What other projects does the company have beyond Sea Breeze?

The company continues to expand its activity, including future development plans (see the full guide).

How do you contact the company to make a purchase?

It's recommended to work through a reliable local accompanying party familiar with the project and the process, and not to contact directly without professional guidance.