Multi Mulk — Global Solutions for Global Citizens
MM-013
İstanbul, Türkiye

MM-013

MM-013 is a modern residential development located in Veliefendi, Zeytinburnu, combining central Istanbul living with extensive greenery and proximity to the Marmara coastline.

    About the Development

    MM-013 is a modern residential development located in Veliefendi, Zeytinburnu, combining central Istanbul living with extensive greenery and proximity to the Marmara coastline. The project consists of 4 residential blocks, 576 residences and 24 commercial units, offering 1+1, 2+1 and 3+1 apartments ranging from 73 m² to 176 m². Residences feature smart-home technology, high ceilings, spacious interiors, and generous natural light, with selected units enjoying views toward the expansive Çırpıcı green areas.

    Quantity
    1 residence
    Apartments
    1+1, 2+1, 3+1
    Room Sizes
    73 m² to 176 m²

    Contact Our Team for Pricing & Available Packages

    For current pricing, available units, and investment packages, please contact our team.

    Amenities

    • 24/7 Security
    • Spa & Hammam
    • Sauna
    • Fitness Centre
    • Indoor Pool
    • Landscaped Gardens
    • Walking Paths
    • Children’s Play Area
    • Secure Parking
    • Picnic Area

    Architectural Concept

    MM-013 combines modern architecture, smart-home technology, and nature-focused urban living. High ceilings and spacious, naturally illuminated residences are complemented by landscaped surroundings and views toward the approximately 350,000 m² Çırpıcı City Park, creating a greener residential environment within central Istanbul.

    Getting Around

    Distances To and From MM-013

    • Cultural Hubs

      • Zeytinburnu Kültür ve Sanat Merkezi1.5 km · 5 min
      • Fişekhane1.8 km · 5–7 min
      • Veliefendi Hippodrome2 km · 5–7 min
      • Buz Adası2 km · 5–7 min
      • Panorama 1453 History Museum4.6 km · 10–15 min
    • Airports

      • Istanbul Airport37 km · 35–45 min
      • Sabiha Gökçen International Airport48 km · 50–60 min
    • Hospitals

      • Sante Plus Hospital0.2 km · 2–3 min walk
      • Avrasya Hospital1.7 km · 5–7 min
      • Istanbul University-Cerrahpaşa Medical Faculty4 km · 10–15 min
      • Koç University Hospital4.1 km · 10–15 min
    • Business Hubs

      • Merter Business & Textile District2 km · 5–10 min
      • Topkapı Business District~4 km · 10–15 min
      • Bakırköy Business District~4.5 km · 10–15 min
      • Başın Ekspres Business Corridor~10 km · 15–25 min
    • Transportation

      • Zeytinburnu Metro Station M1A0.6 km · 8–10 min walk
      • Zeytinburnu Metrobus0.75 km · 10 min walk
      • Zeytinburnu Tram Station T10.6 km · 8–10 min walk
      • D100 / E-5 Highway1.5 km · 3–5 min
      • Coastal Road2 km · 5 min
      • Eurasia Tunnel6 km · 10–15 min
    • Universities

      • Istanbul Rumeli University Merter Campus1.6 km · 5–10 min
      • Istanbul Topkapı University2 km · 5–10 min
      • Istinye University, Istanbul4 km · 10–15 min
      • Istanbul University-Cerrahpaşa4 km · 10–15 min
    • Schools

      • Zeytinburnu Veli Efendi Primary School0.5 km · 6–8 min walk
      • Zeytinburnu Veli Efendi Anadolu İmam Hatip High School0.7 km · 8–10 min walk
      • Merter Final Schools~2 km · 5–10 min
    • Shopping Centres

      • Marmara Forum0.65 km · 8–10 min walk
      • Olivium Outlet Center1.8 km · 5–7 min
      • Zeruj Port AVM1.8 km · 5–7 min
      • Fişekhane1.8 km · 5–7 min

    The District

    About the Location

    Zeytinburnu is one of Istanbul’s strategically positioned European-side districts, forming an important connection between the historic peninsula, central Istanbul, and the western Marmara coastal corridor. The district combines established residential neighborhoods, commercial activity, major transportation infrastructure, and large-scale urban regeneration.

    Located immediately west of Fatih, Zeytinburnu extends toward Bakırköy, with the Marmara Sea forming its southern boundary. Its strategic location provides access to Kennedy Caddesi, the D100/E-5 highway, Marmaray, and the Eurasia Tunnel approach network.

    From a real-estate perspective, Zeytinburnu’s strategic value comes from connecting Istanbul’s historical center with the growing western residential corridor. The district offers two distinct investment characteristics: redevelopment opportunities within established urban neighborhoods and premium waterfront residential developments concentrated around Kazlıçeşme.

    Major Neighborhoods & Areas Zeytinburnu contains a combination of established residential neighborhoods, urban renewal zones, and premium coastal developments. Key areas include Kazlıçeşme, Merkezefendi, Sümer, Veliefendi, and the district’s central residential neighborhoods.

    From a real-estate perspective, the most important areas are:

    Kazlıçeşme: Zeytinburnu’s principal premium waterfront market, characterized by branded residential developments, sea-view apartments, and proximity to Kennedy Caddesi, Marmaray, and the Eurasia Tunnel. It appeals to buyers prioritizing modern residences, coastal living, and connectivity to central Istanbul.

    Merkezefendi: An established residential and urban renewal area featuring redevelopment opportunities, improving housing stock, and access to transportation infrastructure. Modern replacement developments support its longer-term investment potential.

    Sümer: A residential neighborhood associated with urban transformation and the redevelopment of aging buildings. It offers opportunities centered on building renewal, improved residential quality, and potential neighborhood revitalization.

    Veliefendi: A relatively accessible residential market with established housing and redevelopment potential. Its investment appeal is linked to comparatively lower entry prices, local rental demand, and improvements in residential infrastructure.

    Central Zeytinburnu: A dense urban environment combining housing, retail, local businesses, and transportation connections. Its established population and everyday facilities support ongoing residential demand.

    Over the last five years, Zeytinburnu’s development has increasingly focused on earthquake resilience, replacing aging buildings, urban regeneration, and improving residential infrastructure. Important initiatives include the İETT Blokları/Alya Merkezefendi redevelopment, where keys were delivered in June 2026, alongside continuing planning work in the Sümer transformation area.

    Market Insight

    Residential Market Performance

    From an investment standpoint, Zeytinburnu can be positioned as a transformation-led, centrally connected, and increasingly differentiated residential market within Istanbul’s European-side coastal corridor. Its value proposition is built around accessibility to the historic peninsula, existing rail and road infrastructure, large-scale urban renewal, and limited premium waterfront supply. Investors can access substantially different property types, ranging from redevelopment-oriented apartments to high-end branded coastal residences.

    Different micro-markets support different investment strategies: Kazlıçeşme for waterfront luxury and long-term capital preservation; Merkezefendi for modern replacement housing and redevelopment; Sümer for urban regeneration potential; and Veliefendi for comparatively accessible entry prices and income-oriented investment.

    The district’s established population, approximately 275,471 residents in 2025, supports a substantial local residential market. Future investment performance will depend on the quality of redevelopment, structural safety, the competitiveness of newly delivered housing, and the relationship between purchase price and attainable rental income.

    PAST | Strong Capital Appreciation: Zeytinburnu has demonstrated substantial nominal residential price growth, particularly in neighborhoods undergoing urban transformation. Historical listing-platform data referenced in the October 2026 module reports approximately 59.4% year-on-year residential sale-price growth and 80.8% rental growth in Turkish lira terms. Neighborhood-level growth has varied significantly, with approximately 30.3% in Kazlıçeşme, 112.0% in Merkezefendi, and 117.7% in Veliefendi, reflecting different housing characteristics and stages of redevelopment. Over the longer term, the district’s historical residential asking-price benchmark was approximately TRY 7,333/m² in October 2021. Compared with the revised October 2026 internal pricing range, this represents a nominal increase of approximately 3,650%–5,696%. However, the comparison uses different data sources and includes the effects of inflation and exchange-rate movements; it does not represent verified USD capital appreciation.

    CURRENT | Premium Pricing & Rental Potential: As of October 2026, the supplied academy model places Zeytinburnu residential prices at approximately $5,500–8,500/m², with a representative 100 m² property valued between $550,000 and $850,000, using TRY 50 per USD. Monthly rental assumptions range from TRY 80,000 to TRY 250,000 (approximately $1,600–5,000), producing a modeled gross rental yield of 5.66% and an estimated 17.7-year gross amortization period before ownership expenses. Prices vary considerably between residential micro-markets. Kazlıçeşme ranges from approximately $3,800–8,500/m², Merkezefendi from $3,000–4,500/m², Sümer from $2,500–3,500/m², and Veliefendi from $1,900–2,500/m². These are internal training benchmarks rather than verified transaction averages. Actual rental returns and property values depend on building age, location, amenities, structural quality, and management costs.

    FUTURE | Urban Regeneration & Infrastructure-Led Growth: Zeytinburnu’s medium-term investment outlook is supported by two principal drivers: continued regeneration of established residential neighborhoods and the limited supply of premium coastal developments around Kazlıçeşme. Urban transformation projects, improved building standards, Marmaray accessibility, and connections through the Eurasia Tunnel and Kennedy Caddesi may contribute to stronger residential attractiveness and long-term asset competitiveness. The academy model includes an illustrative 20%–25% potential uplift scenario for properties directly benefiting from regeneration, improved accessibility, coastal characteristics, or better construction quality. Under this scenario, the district’s reference range would increase to approximately $6,600–10,625/m², depending on the assumed uplift. These figures are internal sensitivity assumptions, not independently verified price forecasts. Future performance depends on redevelopment execution, financing conditions, property supply, market demand, and entry pricing. Investment Insight: Zeytinburnu combines central metropolitan connectivity, large-scale urban transformation, and a differentiated premium waterfront market. Its investment potential is strongest in structurally sound, competitively priced properties benefiting from established transportation infrastructure, credible redevelopment, and sustainable end-user demand. The district offers both regeneration-led appreciation opportunities and premium coastal investments, although returns depend on individual asset selection and market conditions.

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    Address
    UAE Grosvenor Business Tower, Office 1909, Al Thanyah First, Barsha Heights, Dubai
    Türkiye Burc Plaza, Gökevler Mah. 2312 Sk. Blok No:18J, Kat:5, Ofis No:48-49, Beykent / Istanbul
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    Available Residences

    Explore the 1 residence currently released at MM-013.

    MM-013

    İstanbul, Türkiye

    MM-013

    Price on request

    Apartment
    Bathroom TBC
    1+1, 2+1, 3+1
    73 m² to 176 m²
    -
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