Prices of Apartments in Istanbul in USD and Saudi Riyal

In recent years, real estate in Turkey has become one of the most attractive investment sectors, thanks to government regulations that have simplified foreign property ownership. These incentives, described as highly appealing, have made property ownership in Turkey an enticing equation for investors:

Buying property in Turkey = Turkish Citizenship
Own a property & get Turkish nationality

The demand for real estate continues to rise, as shown by official statistics from Turkish institutions. These reports provide detailed insights into apartment prices in Istanbul, the types of properties sold, and buyer demographics.

At Imtilak Real Estate, we often receive inquiries regarding:
Current apartment prices in Istanbul
Property investment opportunities
Cost comparisons in USD, Turkish Lira (TRY), and Saudi Riyal (SAR)

Let's explore the latest real estate trends and provide a comprehensive breakdown of apartment prices in Istanbul in multiple currencies.

Apartment Prices in Istanbul: Key Factors & Influences

Istanbul's real estate market is highly diverse and dynamic, with apartment prices varying significantly based on location, view, and property features. Understanding these factors can help buyers and investors make informed decisions.

Prices Based on Location & View

1. Proximity to the City Center – The closer to the heart of Istanbul, the higher the prices.
2. Access to Transportation – Properties near metros, Metrobus, highways, and airports are more valuable.
3. Tourist Attractions & Nature – Apartments near lakes, parks, or historical sites tend to have higher demand.
4. Mega Projects Influence – Locations near Istanbul Canal, the new airport, and major malls see rapid price increases.
5. Scenic Views – Properties with sea, lake, or Bosphorus views command premium prices.

Prices Based on Property Features

1. Age of the Building – New constructions cost more than older buildings.
2. Interior & Finishing Quality – Luxury finishing and smart home systems increase property value.
3. Residential Complexes vs. Standalone Buildings – Gated communities with pools, gyms, and security are priced higher than standalone apartments.
4. Historical & Luxury Properties – Istanbul's heritage buildings, palaces, and waterfront mansions can reach exceptionally high prices.

Average Apartment Prices in Istanbul

The calculation of average apartment prices in Istanbul follows the mathematical principle of arithmetic mean, which helps determine the median price range in the market. This approach involves selecting a variety of price samples, summing them, and dividing by the total number of samples.

According to recent studies conducted in 2026, the average apartment price in Istanbul for luxury units is approximately 3,082 US dollars per square meter. However, this price can be significantly higher in prime locations and even multiply in the most prestigious areas of the city. The final price of a property depends on location, features, and other influencing factors.

For a clearer understanding, the next section will outline average apartment prices in Istanbul in US dollars, Turkish lira, and Saudi riyals, along with additional insights to assist prospective buyers in making informed decisions.

Read also: Apartments for Sale in Istanbul 2026

Apartment Prices in Istanbul 2026 in USD, Turkish Lira, and Saudi Riyal

Apartment Prices in Beylikdüzü

The Beylikdüzü district, located on the European side of Istanbul, is known for its massive modern projects, wide streets, and luxurious residential complexes with stunning views of the Sea of Marmara or Küçükçekmece Lake.

Today, Beylikdüzü is experiencing a remarkable urban boom, with prestigious projects that rival some of the finest European real estate developments.

The following table illustrates the average apartment prices in Beylikdüzü in USD, Saudi Riyal, and Turkish Lira:

Based on our market research for real estate prices in Beylikdüzü during the first quarter of 2026, the prices were as follows:

Among our most prominent real estate projects in Beylikdüzü:

Marmara Pearl Project IMT-145

1. The Marmara Pearl Project stands out due to its prime location on the shores of the Marmara Sea in the upscale Beylikdüzü district. It is also close to the E5 highway, which serves as the main artery of Istanbul. This makes it one of the most attractive investment opportunities in the city and an ideal choice for those looking to buy apartments near the sea in Istanbul. Apartments and villas in this project can generate a high rental income after purchase.
2. The project is surrounded by breathtaking natural landscapes.
3. It is close to various educational institutions, commercial centers, and service facilities, as well as numerous restaurants.
4. Offers spacious apartment layouts that are ideal for families.
5. Features gardens, outdoor and indoor swimming pools for both adults and children.
6. Includes indoor parking facilities.
7. Hosts hotels, restaurants, and seaside cafés within the project.
8. Provides fitness centers, saunas, and children's play areas.
9. Features a basketball court and a tennis court.
10. Ensures 24/7 security surveillance.

Apartment prices in the project start from $346,000, which is approximately 1,297,710 Saudi riyals.

Apartment Prices in Esenyurt, Istanbul

Esenyurt is one of the most active real estate areas in the western part of European Istanbul, known for its affordable property prices.

The table below provides the latest average apartment prices in Esenyurt, Istanbul, for 2026, based on a survey conducted by Imtilak Real Estate in the first quarter of 2026. This survey focused on modern residential projects with high-quality standards, developed infrastructure, and diverse facilities.

Apartment Prices in Başakşehir – New Istanbul

Başakşehir, often referred to as "New Istanbul," is one of the most modern urban areas in the city. It includes several key districts such as Kayaşehir, Ispartakule, and the neighboring Bahçeşehir, which is home to many prestigious real estate projects.

The area has gained significant importance in recent years, particularly among Arab investors, due to its modern infrastructure and a cultural atmosphere that closely aligns with Arab traditions. Additionally, the new Istanbul Canal project, which is currently in the planning and early construction stages, passes through the district. This development grants exceptional value to real estate in the area, making it comparable to luxurious Bosphorus properties.

The table below, based on a survey by Imtilak Real Estate in the first quarter of 2026, presents the average property prices in Başakşehir within modern residential projects that feature high standards, advanced infrastructure, and premium amenities.

One of Our Major Real Estate Projects in Başakşehir:

Başak Eurasia (3) IMT-1412

• Project Location: The project is located in Başakşehir, one of Istanbul’s most rapidly growing areas in terms of investment value in recent years. It is home to some of the most luxurious real estate projects, in addition to the development and service projects designated by the Turkish government.
• Strategic Location: The project benefits from its strategic location due to its proximity to major transportation routes that connect it to the key districts of Istanbul. It is also close to government and international schools, universities, educational institutions, markets, and hospitals.
• Proximity to Major Projects: The project is situated near some of the region’s largest service and entertainment projects, such as the Başakşehir Medical City (the largest in Europe), Başakşehir Valley Park, and Mall of Istanbul, among others.
• Reputable Developer: This project is the third in a series of developments by one of the leading Turkish construction companies. The previous two projects have witnessed high demand from investors seeking a pleasant living environment and promising investment opportunities.
• Family Living: The project offers a luxurious family living experience with a variety of apartment styles, ranging from 2+1 to 4+1, as well as large 4.5+1 duplex apartments. The architectural designs are distinguished by their beauty, quality, and ability to provide the highest standards of comfort and modernity.
• Amenities and Infrastructure: The project provides a range of entertainment services and complete infrastructure to meet the demands of a luxurious lifestyle.
• Foreign Ownership and Turkish Citizenship: The project complies with the foreign property ownership law, allowing buyers to qualify for Turkish citizenship.
• Project Composition: The project consists of 11 buildings, and there are a total of 405 residential apartments.
• Facilities Available: The project offers spacious green areas, resting and relaxing areas in the gardens, walking paths, a children’s playground, private parking spaces, 24/7 security, and CCTV surveillance.
• VAT Included: The 1% VAT is included in the price.

Apartment Details and Prices:

Apartment Prices in Asian Istanbul

The Asian side of Istanbul attracts many investors seeking luxury living, as this part of the city is home to highly luxurious and sophisticated real estate projects.

Apartment prices in the Asian side of Istanbul vary depending on the area and its significance. Some of the most important areas in the Asian side include the upscale Üsküdar district.

According to our survey at Imtilak Real Estate for the first quarter of 2026, especially for modern residential projects with standard specifications:

One of Our Top Projects in the Asian Side of Istanbul:

Dragos (2) IMT - 468

• The project is located in a prime area within Maltepe, one of the most vibrant and upscale districts on the Marmara Sea coast in the Asian part of Istanbul.
• The project enjoys a strategic location, being close to the E5 highway, the Sabiha Airport Metro Line, and the Kadıköy Tram Line, in addition to multiple bus routes.
• The area offers high-end services, providing residents with everything they need for daily life, including schools, markets, shopping centers, hospitals, medical centers, as well as public facilities, parks, and recreational areas.
• The project is also near prestigious universities, such as Marmara University and Yeditepe University.
• It provides an ideal living experience with uniquely designed apartments featuring spacious layouts and balconies with stunning sea views, overlooking the Princes’ Islands.
• The project offers various apartment types, including 1+1, 2+1, and 3+1, with multiple size options.
• Residents enjoy a wide range of leisure facilities, such as outdoor swimming pools, a children’s play area, a sauna, and beautifully designed gardens.

Apartment Prices in Dragos (2) IMT - 468

The Cheapest Apartment Prices in Istanbul

When searching for the most affordable apartment prices in Istanbul, we recommend that our clients focus on emerging real estate areas experiencing a new property boom. At Imtilak Real Estate, we assist buyers in finding attractive options at competitive prices within one of our carefully selected projects.

By contacting our expert consultants, buyers receive comprehensive real estate advice, free consultations, and post-sale support. We also offer assistance with the Turkish citizenship application process for buyers who purchase a property valued at over $250,000, along with many other valuable services. Our goal is to ensure a safe and successful property investment in Turkey’s thriving real estate market.

How Much Do Apartments Cost in Istanbul?

Each district in Istanbul has its unique features, services, and property types, whether it is on the European or Asian side of the city.

According to 2026 real estate statistics, the average price per square meter for modern apartments in Istanbul is around $3,080 in the areas we have analyzed. However, this price can increase significantly depending on the property’s specifications and location.

How Much Do Apartments Cost in Istanbul’s City Center?

• The average price for a 100-square-meter apartment in central Istanbul starts at $80,000.
• For larger apartments (4+1 layouts), prices can reach $400,000 or more.

What Is the Average Price of Rural Homes in Istanbul?

• Rural homes in Istanbul offer competitive prices and are often located in peaceful, scenic areas.
• Due to increasing foreign demand, new innovative designs have emerged, catering to buyers seeking tranquility and nature.
• Prices for small rural apartments start at $135,000, but costs vary based on location, size, and features.
• Explore the best rural home deals in Istanbul today!

Are Apartment Prices in Istanbul Expensive?

Despite Istanbul’s world-class advantages, real estate prices remain below their true market value. Experts predict significant price increases in the future, especially for off-plan residential projects set to be delivered in the coming years.

Discover the Best Real Estate Investment Opportunities in Istanbul Today!

Edited by: Imtilak Real Estate©