
Şişli, Istanbul, Türkiye
MM-002
Starting From
USD 0
- Apartment
- Bathroom TBC
- 1+1, 2+1, 3+1, 4+1
- 55 m² to 440 m²
- -
- City View

MM-002 is a premium mixed-use residential development in central Şişli, Istanbul, built on approximately 6,058 m² of land with around 34,616 m² of construction area. The project consists of 4 blocks, 127 residences, and 17 commercial units.
MM-002 is a premium mixed-use residential development in central Şişli, Istanbul, built on approximately 6,058 m² of land with around 34,616 m² of construction area. The project consists of 4 blocks, 127 residences, and 17 commercial units. The development offers 1+1 to 4+1 residences, including standard and duplex layouts, with apartment sizes ranging approximately from 55 m² to 440 m². Selected residences feature balconies, terraces, garden access, and city views.
MM-002 combines contemporary city architecture with functional residential design, arranged across four modern blocks. The architectural concept emphasizes spacious residences, private balconies and terraces, landscaped areas, and integrated commercial spaces, creating a refined urban environment built around modern city living. The official project material describes the residences as having a timeless architectural approach.
MM-002 was designed with earthquake safety in mind; published project information states that the site suitability and ground-study findings were assessed, and the project was designed in accordance with applicable earthquake-resistance regulations and insulation standards. The material reviewed does not publicly state a specific concrete grade, foundation depth, or magnitude-resistance figure.
Getting Around
The District
Location & Strategic Importance
Şişli is one of Istanbul’s most central and established European-side districts, forming a key business, commercial, retail, healthcare, and upscale residential corridor. Located north of Beyoğlu/Taksim, it extends toward the Mecidiyeköy–Zincirlikuyu–Levent business axis and is bordered by Beyoğlu to the south, Beşiktaş to the east, Sarıyer to the north, and Kağıthane to the west. From a real-estate perspective, Şişli’s strategic value comes from connecting several of Istanbul’s highest-value areas: Taksim–Beyoğlu, Nişantaşı–Beşiktaş, Kağıthane, and Levent–Maslak.

Major Neighborhoods & Areas
Şişli has 25 official mahalle, including Teşvikiye, Harbiye, Mecidiyeköy, Fulya, Esentepe, 19 Mayıs, Cumhuriyet, Meşrutiyet, Feriköy, and the neighborhoods surrounding Bomonti. From a real-estate perspective, the key areas are Nişantaşı–Teşvikiye, Harbiye, Osmanbey, Bomonti, Fulya, Mecidiyeköy, and Esentepe: Nişantaşı–Teşvikiye: Şişli’s premium/luxury residential market, known for high-end apartments, luxury retail, restaurants, and proximity to Maçka and the Bosphorus-side districts.
Bomonti: A major modern residential investment zone, characterized by newer residences, mixed-use developments, and high-rise projects. Mecidiyeköy & Esentepe: Key commercial and investment areas along the Büyükdere Avenue business corridor, connecting Şişli with Levent and Maslak. Fulya: A mix of established housing and newer upscale residences, strategically positioned between Şişli, Mecidiyeköy, and Beşiktaş. Over the last five years, development has increasingly focused on urban renewal, earthquake resilience, renovation of aging buildings, public-space improvements, and updated planning. Istanbul Metropolitan Municipality has advanced district-wide planning in stages, including Dolapdere–Piyalepaşa (approved in 2022) and further planning covering central Şişli, Mecidiyeköy, Esentepe, and Kuştepe.
Market Insight
From an investment standpoint, Şişli can be positioned as a mature, central, and relatively supply-constrained Istanbul market.
Its value proposition is built around location rather than expansion. Investors are buying into an established district with strong transportation, employment centers, hospitals, schools, retail, and lifestyle infrastructure already in place.
Different micro-markets also serve different investment strategies: Nişantaşı–Teşvikiye for luxury and prestige; Bomonti for modern residences and redevelopment; Fulya for upscale residential living; and Mecidiyeköy–Esentepe for connectivity, offices, rental demand, and access to Istanbul's primary business corridor.
PAST | Strong Capital Appreciation:
Şişli has demonstrated strong long-term performance. From January 2021 to August 2026, residential unit prices increased by approximately 104% in USD terms, while average total property values increased by approximately 164%. This demonstrates substantial long-term appreciation despite periods of market volatility.
CURRENT | Strong Growth & Attractive Rental Returns:
As of August 2026, the average residential asking value is approximately $1,847/m², with an average property value of about $188,384. Prices per square meter have increased 27.69% over the last year. The district records an estimated 7.69% rental yield and a 13-year amortization period, indicating that Şişli combines capital appreciation with rental-income potential.
FUTURE | Positive Growth Outlook:
According to the forecasts, a further 16.62% increase in residential unit prices in USD terms is expected over the next year, while average total property values are projected to increase approximately 25.99%. This suggests that the Statistics expects Şişli's upward trajectory to continue.
Investment Insight: Şişli combines long-term capital appreciation, strong rental potential, and limited central-city supply, supporting its position as one of Istanbul's established residential investment markets.
Source: https://www.endeksa.com/en/analysis/turkiye/istanbul/sisli/index/for-sale/house?_gl=1z44m0s_up*MQ..&gclid=CjwKCAjwqonVBhA4EiwA9wYJ3bTH9VMM4ZtEDlH8GRaa5xEYpCgrYchJ6OnVcqkZv7PgB20URB7mMxoCVnIQAvD_BwE

Speak to an Adviser
Tell us what you are looking for and an adviser will come back to you with current availability, pricing and the next steps.
Find Your Dream Home
Explore the 1 residence currently released at MM-002.

Şişli, Istanbul, Türkiye
Starting From
USD 0