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Apartments, shops, offices and land for sale and rent in İstinye

The best way to get to know İstinye is on a morning run. Our run starts at İstinye Bay and follows the Bosphorus to Yeniköy, Tarabya and all the way to Kireçburnu. Passing Sedona in Yeniköy you have to wave to friends: the city's cyclists gather there in the mornings. A run, then coffee, then work; that is our Bosphorus rhythm.

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An ancient bay

İstinye's name comes from the ancient "Leosthenion". In the Middle Ages it became "Sosthenion" and over time took its present form. In Byzantine times the bay was home to a church and monastery dedicated to St Michael, the "Michaelion".

The Bosphorus business neighbourhood

İstinye lies between Emirgan and Yeniköy on one of the most sheltered bays of the Bosphorus. Borsa Istanbul, the Istanbul stock exchange, has had its headquarters here since 1995. Close to the Maslak business district and shopping centres, it is a first choice for people who want to live near work.

Living and doing business in İstinye today

Apartments for rent and for sale do not stay empty for long in İstinye. Homes overlooking the bay, residential compounds and homes close to Maslak are the most requested. With the business world so close, it is also one of the first places people look for offices, shops and commercial space.

Rents and sale prices in İstinye

September 2026 · Faruk Ordu's own observation and listing data

Sarıyer, homes for sale per m²TRY 144,444+11.6% · 1 yr
Istanbul, homes for sale per m²~TRY 64,000

sahibinden.com Real Estate Index, August 2026

For rent (monthly)

  • 1-bedTRY 22,000 – 40,000
    The lower end is away from the shore (e.g. the Bağlar area of Yeniköy); the upper end is well-kept flats close to the water.
  • 2-bedMostly TRY 50,000 – 70,000
    Older, undecorated flats away from the shore TRY 30,000 – 45,000; up to TRY 200,000 in large compounds with pool and gym.
  • 3-bed and largerMostly TRY 80,000 – 150,000
    From TRY 50,000 away from the shore; TRY 200,000 – 400,000 in boutique compounds; TRY 700,000 and more for waterfront yalı apartments with a private quay.

For sale · examples

  • Older 3-beds in the centrefrom around TRY 5 million
  • 3-bed duplexes in Boğaziçi SitesiTRY 15 – 20 million
  • 3-beds in new developments near the BosphorusTRY 50 million and up

İstinye has the widest price range in Sarıyer: an older flat in the centre and a same-size flat in a new development can differ tenfold.

For sale prices, three things matter most: whether the flat sees the Bosphorus, whether it is in a compound, and the age of the building. Older flats along the shore are usually spacious, and the view and location push their price up. Newer flats are mostly further inland, in areas like Ferahevler, and the two often end up priced alike. The view matters more than the age: a 300 m², 30-year-old flat facing the Bosphorus can reach TRY 110 million, while a new 240 m² flat a little further in, with a sea view, is around TRY 90 million.

Notable compounds

  • İstinye Boğaziçi Sitesi — A large, sought-after compound with terraced duplexes and parking.
  • Hillpark İstinye — A new development close to the Bosphorus, in the neighbourhood's top price bracket.

Good flats can be gone the same day they are listed. Tell me in advance what you are looking for and I will call you before it goes online.

Figures are asking prices; negotiation, condition and furnishing change the final price. Sources: Faruk Ordu's own observation, sahibinden.com Real Estate Index (August 2026), listings on sahibinden.com and Emlakjet (September 2026).

Looking for property in İstinye?

An apartment, shop, office or land, for sale or for rent… Tell me what you are looking for; when a suitable place comes up, I will call you before it goes online.

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