Umraniye is one of the emerging and rapidly developing neighborhoods in the Asian side of Istanbul, which, due to its unique characteristics, has attracted the attention of many investors and families. This area has become one of the best options for buying a home in Istanbul with its rapid growth in various fields, including infrastructure, amenities, and shopping centers. The proximity to highways, the metro stations under construction, and especially the natural landscapes and green spaces have made Umraniye not only an excellent location for living but also an attractive area for investment. In general, purchasing property in Umraniye as a long-term choice can yield a significant return on investment, especially considering the rising prices and the development of infrastructure projects in this region.
Ümraniye is one of the important and populous districts of Istanbul, located in the Asian part of the city. This area, which is situated in the southwest of Istanbul's Asian side, borders the districts of Çekmeköy and Sancaktepe to the north, Ataşehir to the west, and Beykoz to the east. Ümraniye, due to its central location and easy access to other areas of Istanbul, is an ideal choice for living and investment.
This area is the heart of Ümraniye, where most of the commercial, cultural, and social activities are concentrated. Ümraniye Central includes busy streets with shopping centers, restaurants, and various cafes. The region has good access to public transportation, facilitating connections with other neighborhoods in Istanbul.
Western Ümraniye (Atakent): The western part of Ümraniye is one of the quieter and more residential areas of the district. This area consists of residential homes with green spaces and family-friendly neighborhoods. Furthermore, the area is well-equipped with welfare and healthcare facilities. Western Ümraniye is ideal for living due to its proximity to roads and easy access to the city center.
Eastern Ümraniye (Şerifali): This part of Ümraniye is mainly known as an industrial and commercial area. Many factories and small manufacturing businesses are active in this region, but alongside them, there are residential neighborhoods and welfare facilities. Due to its geographical location, Eastern Ümraniye has good access to highways and public transportation.
Southern Ümraniye (Çekmeköy): The southern part of Ümraniye, located near natural areas and parks, provides a calm and green environment for its residents. This area, particularly suitable for families and individuals seeking a quieter, more natural environment away from the hustle and bustle, offers a mix of modern and traditional homes.
Northern Ümraniye (İMES): Northern Ümraniye is especially known as an industrial area. This part mostly consists of factories and production workshops; however, due to the expansion of urban renewal projects, it is gradually transforming into a region with residential and commercial facilities. This area is a good investment option due to its excellent access to public transportation and roads.
Ümraniye is one of the most populous areas of Istanbul's Asian side, with a population of over 700,000 people. In this district, the male and female population ratio is nearly equal, with about 49% of the population being male and 51% female. In terms of age distribution, the majority of the population in Ümraniye consists of adults and middle-aged individuals. About 72% of the population falls within the age group of 18 to 65, reflecting a high presence of working and active people in this area. Approximately 16% of the population is under 18, indicating the presence of young families and children. Additionally, people over 65 make up around 12% of the population in Ümraniye, reflecting the presence of elderly individuals in the region. This diverse demographic composition shows that Ümraniye has attracted families, working individuals, and the elderly alike.
Ümraniye covers an area of approximately 46 square kilometers, incorporating various urban textures. Around 70% of the district is made up of modern, densely populated urban areas, which include residential and commercial neighborhoods. This area consists of modern buildings, shopping centers, and public spaces where daily life takes place. About 12% of Ümraniye is dedicated to the old and historic fabric, visible in certain neighborhoods such as "Kazım Karabekir" and "Yenişehir." These areas feature traditional buildings and old spaces that showcase the history of the region. About 10% of the area is devoted to green and forested spaces, including parks and natural areas. Some of these green spaces, especially in the northern and eastern parts of Ümraniye, such as the "Arban" park and surrounding forests, serve as recreational and resting places for residents. Additionally, 8% of the district is near the Bosphorus and coastal areas. While Ümraniye is not directly adjacent to the Bosphorus, it benefits from good access to the coasts and coastal regions due to its geographical location. These features make Ümraniye a diverse area in terms of urban fabric, green spaces, and history.
Property prices in Ümraniye vary due to its unique geographical location, rapid infrastructure development, and recent growth. This area, which is a mix of residential, commercial, and some historical districts, is generally divided into the following categories for property purchases:
Average Residential Areas: In neighborhoods like "Yenişehir" and "Kazım Karabekir," the average property price is between 8,000 to 12,000 Turkish Liras per square meter. These neighborhoods are popular among families and working individuals due to their proximity to shopping centers, schools, and public transportation.
Luxury and Coastal Areas: In neighborhoods like "Kartal" and "Bağçelevler," which are known for their special locations near the sea and advanced amenities, prices are significantly higher. In these areas, the price per square meter can start from 15,000 Liras and go up to 25,000 Liras, especially for villas and luxury apartments with sea views.
Historical and Old Areas: In neighborhoods like "Üsküdar" and the older parts of Ümraniye, where there is a mix of old and new structures, prices typically range from 12,000 to 18,000 Liras per square meter. These areas remain attractive to buyers and investors due to their historical and cultural significance.
Property Rentals: Rental prices in Ümraniye are also generally increasing. For a 1+1 apartment in central and average neighborhoods of Ümraniye, the monthly rent is usually between 8,000 to 12,000 Liras. In more luxurious and coastal areas like "Kartal" and "Bağçelevler," the rent can go up to 15,000 Liras per month.
Neighboring areas that are adjacent to Ümraniye and popular for property purchases due to their proximity to urban amenities and public transportation include neighborhoods like "Kartal," "Ağyar," "Bağçelevler," "Kadıköy," and "Üsküdar." These areas share similarities with Ümraniye in terms of pricing and access to urban facilities.
Kartal: Located to the southeast of Ümraniye, Kartal is generally cheaper in terms of property prices. The average price per square meter in Kartal is between 7,000 to 12,000 Liras, which is more affordable compared to some areas of Ümraniye where prices are higher.
Ağyar: This area, located to the west of Ümraniye, has seen rapid growth and has similar property prices to Ümraniye. The property prices in Ağyar typically range from 10,000 to 15,000 Liras per square meter and remain attractive for those looking for properties in a growing neighborhood with good access to urban amenities.
Bağçelevler: Located to the north of Ümraniye, Bağçelevler is known for its green spaces and quieter residential environment. Property prices here typically range from 8,000 to 12,000 Liras per square meter, making it slightly more affordable compared to Ümraniye.
Kadıköy: Located to the west of Ümraniye, Kadıköy is known for its commercial and cultural significance, and property prices here are usually higher than in Ümraniye. The average property price per square meter in Kadıköy is between 15,000 to 20,000 Liras.
Üsküdar: Located to the northwest of Ümraniye, Üsküdar is known for its historical and cultural atmosphere. Property prices here generally range from 12,000 to 18,000 Liras per square meter, which are slightly higher than in some parts of Ümraniye. Due to its unique location, it remains an attractive area for property buyers.
Buying property in Ümraniye, located in the Asian side of Istanbul, is considered an attractive investment option due to its desirable geographical location and continuous price growth. This area has witnessed significant changes in the real estate market in recent years, and it is expected to continue its upward trend. Below, we explore the growth trend in property prices in Ümraniye and future predictions.
Property Price Growth in Recent Years: In the past 5 years, property prices in Ümraniye have seen significant annual growth. On average, prices in this area increased by about 12-18% annually from 2019 to 2023. For example, in 2019, the price per square meter for residential properties in Ümraniye was around 5,000 to 6,500 Liras, but by 2023, this figure had risen to 9,500 to 11,000 Liras per square meter, reflecting a 70-80% increase during this period.
Future Price Growth Predictions: According to market experts, property prices in Ümraniye are expected to increase by an average of 10-15% in 2024 and 2025 due to high demand, new construction projects, and improvements in infrastructure. This growth will be driven by major metro projects, the expansion of the public transportation network, and the construction of new commercial and residential centers in the area.
Price Growth in the Next 5 Years: It is predicted that in the next five years (from 2025 to 2030), property prices in Ümraniye will continue to grow steadily. Given the current trends and ongoing development plans in the area, the average price increase during this period could be between 40-50%. This sustained growth, especially with its proximity to commercial centers, access to highways, and commercial attractions, enhances the region's position as a smart choice for long-term investment.
Comparison with Other Areas in Istanbul: Compared to other similar areas in Istanbul, the growth in property prices in Ümraniye in recent years has been more remarkable. During the same period, prices in neighboring areas like Kadıköy and Maltepe saw lower increases, primarily due to the faster development and new projects in Ümraniye.
Long-Term Investment Opportunities: Given the significant price growth and infrastructure development in Ümraniye, buying property in this area seems like a solid long-term investment. This area has become one of the most attractive places for foreign investors and is expected to emerge as one of the best choices for high-return investments in Istanbul in the near future.
Public Transportation: Ümraniye, as one of the developing districts on the Asian side of Istanbul, has good access to public transportation. The area benefits from its proximity to major roads and highways, allowing quick access to other parts of the city. Additionally, metro and bus stations regularly provide services that facilitate movement for residents and visitors. New metro projects, especially the line passing through Ümraniye, are expected to improve access to various parts of Istanbul.
Educational and Cultural Facilities: Ümraniye also has good educational facilities. The district is home to reputable public and private schools, as well as higher education centers. In particular, universities near Ümraniye and international schools have made this area a popular destination for families and students. Moreover, due to ongoing cultural projects, Ümraniye is expected to become one of Istanbul's cultural centers soon. The area also offers artistic venues and performance halls, providing numerous opportunities for art and culture enthusiasts.
Commercial and Shopping Centers:Ümraniye, with its modern shopping centers and local markets, offers a variety of shopping options. Large shopping malls like Carrefour and Mall of Istanbul near the area provide convenient and diverse shopping opportunities for residents. Furthermore, local markets such as the Ümraniye market allow residents to purchase daily goods. Additionally, brand stores and fashion boutiques have established Ümraniye as one of Istanbul's shopping destinations.
Medical and Healthcare Facilities: Ümraniye has many hospitals and medical centers that offer high-quality healthcare services. The public and private Ümraniye hospitals are among the prominent healthcare centers in the area, providing general and specialized services to residents. Specialized clinics and 24/7 pharmacies are also widely available in the area, including advanced medical facilities.
Green Spaces and Recreational Areas: Ümraniye is recognized for its green spaces and numerous parks, making it an ideal district for relaxation and recreation. Beautiful parks such as Millet Park and smaller local parks are perfect for outdoor sports and walking. These parks, in addition to their beautiful landscaping, offer recreational facilities such as sports fields, cycling paths, and play areas for children.
Restaurants and Cafes: Ümraniye, with its numerous restaurants and cafes, is an ideal destination for food and beverage lovers. The district offers restaurants with diverse menus and high quality, providing excellent dining options. Also, attractive and modern cafes in the area provide a pleasant environment for friendly gatherings and relaxation. These restaurants and cafes create a delightful setting for social experiences and daily conversations.
Due to its favorable geographical location, easy access to other parts of Istanbul, and diverse facilities, Ümraniye is considered one of the best neighborhoods in Istanbul for purchasing property. With the ongoing development of residential and commercial projects, the area has become an attractive destination for both living and investment. Competitive property prices compared to other parts of Istanbul, large green spaces, modern shopping centers, and educational and medical facilities make Ümraniye a smart choice for property investment. Therefore, if you are looking for a peaceful, modern place with high growth potential for living or investment, Ümraniye is an excellent option.