The Growth Story of Sea Breeze Resort 2006-2026 | Merkaz H. | חדשות נדל"ן | מרכז הנכסים

Sea Breeze Resort did not emerge overnight — it is a project that has been developing for two decades. Here is the central timeline of its growth.

2006: The Establishment

The project opened in 2006 in the village of Nardaran, on the shores of the Caspian Sea, by Emin Agalarov, as an initial-scale resort project.

Years of Expansion

Over the years, the project has grown significantly, reaching its current size of about 500 hectares — including over 6 km of maintained beach and 150 hectares of green areas.

2023-2024: Establishment of the International Expansion Company

During these years, the international framework was formed under the brand Agalarov Development, through which the expansion beyond the borders of Azerbaijan is also taking place (see future development pipeline).

2024: Recognition as Investor of the Year

In December 2024, Nardaran Invest LLC, which operates the project, won the "Investor of the Year" award from the Azerbaijan Small and Medium Business Development Agency.

2025: Approval for the Expansion of Artificial Islands

In 2025, the government approved a decree for the expansion of the project through artificial islands (see the complete guide) — a step marking the next phase in the project's growth.

Summary of 20 Years

From a relatively young resort project in 2006, Sea Breeze has become one of the largest and most prominent resort projects on the shores of the Caspian Sea in Azerbaijan, with ongoing local and international expansion plans.

Frequently Asked Questions

How long did it take for the project to reach its current size?

Almost two decades — from its establishment in 2006 to its current size of about 500 hectares in 2026.

What is the most significant milestone in the project's development?

The approval for the expansion of artificial islands in 2025 marks the next significant expansion phase, alongside the international expansion to Uzbekistan.

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