İstanbul Sapphire Prices and Details 2026
4. Levent, Kağıthane, Istanbul
İstanbul Sapphire apartments for sale start from about $1,361,000 (one million three hundred sixty-one thousand dollars), based on the listings we found in October 2026; that price is for a 270 m² 3+1 on the 12th floor. A 364 m² dual-aspect 3+1 with a terrace is on sale for about $1,712,000 (one million seven hundred twelve thousand dollars). The 261-metre tower stands on Büyükdere Avenue in 4. Levent, within the Kağıthane district. It was developed by Kiler GYO and designed by Tabanlıoğlu Architects; construction finished in 2010 and the occupancy permit was issued in 2011. The building has 211 (two hundred eleven) homes, and the Sapphire mall on its lower floors connects directly to 4. Levent metro station. Based on a single 3+1 rental listing, the gross yield is roughly 4.9% – 6.2% (four point nine to six point two percent). Property Time Istanbul's office is at Skyland in Sarıyer; every legal step of the purchase is handled by Att. Egemen Yasin Şahalioğlu.
What are the key facts about İstanbul Sapphire?
İstanbul Sapphire is a residential tower in 4. Levent built on a plot of about 11.6 dönüm (roughly 11,600 m²), with a shopping mall underneath. Its roof height is 238 metres, or 261 metres including the design element at the top; from 2010 to 2016 it was the tallest building in Turkey. The tower is made up of four nine-storey residential blocks stacked on top of each other, with technical floors between the blocks and floor gardens inside them.
Source: Kiler GYO, İstanbul Sapphire real estate valuation report (report date 31.12.2019, kilergyo.com); Mimdap, "İstanbul Sapphire'de 60 konut satışa çıktı" (10 April 2010); Wikipedia article "Istanbul Sapphire". The number of homes is given as 188 in the 2010 article and 211 in the 2019 valuation report; the floor count also differs by source, 54 or 50 standard floors.
What shared facilities and services does İstanbul Sapphire have?
İstanbul Sapphire offers residents a concierge service, a lobby lounge of about 2,000 m², a sports floor open only to residents, a swimming pool and a golf area of about 1,650 m². Every apartment has a garden or a terrace, and the 1st, 4th and 7th floors of each residential block have inner gardens. The observation deck at the top of the tower is open to visitors, and the Sapphire mall on the lower floors connects directly to 4. Levent metro station.
Source: Kiler GYO valuation report (31.12.2019); Mimdap (10 April 2010); Versatie Gayrimenkul rental listing (portfolio no. 1129275803). Current terms of use for the shared facilities and the service charge should be confirmed with the building management.
How much do apartments for sale at İstanbul Sapphire cost?
The cheapest priced listing we can see at İstanbul Sapphire right now is a 270 m² 3+1 on the 12th floor at 67,500,000 TL, or about $1,361,000 (one million three hundred sixty-one thousand dollars). A 364 m² 3+1 above the 21st floor, with a Bosphorus view, two façades and a terrace, is on sale for 84,900,000 TL, about $1,712,000 (one million seven hundred twelve thousand dollars). These two listings work out to roughly $4,700 – $5,000 per square metre. A 750 m² penthouse is also on the market, but its price is given only on request. Few apartments in the tower come up for sale, so prices vary considerably with the floor, the view and whether the unit has a garden.
Source: Emlakjet listing #19867040, Versatie Gayrimenkul, 12th-floor 3+1, 67,500,000 TL (listed 18.09.2026); Emlakclick listing #45479207 (the same listing is also on Hepsiemlak), 3+1, 364 m², 84,900,000 TL (listed 29.06.2026); Versatie Gayrimenkul's 750 m² 5+3 penthouse listing via Trovit, price not stated. All seen on 27.10.2026; TL prices converted at 1 $ = 49.6 TL (24 October 2026) and rounded. Older Emlakjet listings whose titles show up but which could not be opened (a 5+2 at 90,000,000 TL, a 2.5+1 at 70,000,000 TL and a 750 m² penthouse at 220,000,000 TL) were left out of the table because we could not confirm they are still current.
How does buying in İstanbul Sapphire work?
As the project is completed, sales are resales: a contract is signed with a deposit and the balance is paid at the land registry together with the title transfer. During this process, the title deed, mortgage and lien check, review of the sale contract and the transfer are handled by Att. Egemen Yasin Şahalioğlu. Buyers who cannot travel to Turkey can complete the title transfer by power of attorney.
How do foreigners buy property in İstanbul Sapphire?
A foreign buyer first obtains a Turkish tax number and opens a Turkish bank account; then the title deed and encumbrance check, valuation report and contract are completed and the title is transferred. The land registry also confirms that the property can be sold to a foreigner. Every step is followed by Att. Egemen Yasin Şahalioğlu, who works on property purchases by foreigners.
What needs to be done after the title transfer?
After the transfer, the electricity, water and gas subscriptions are opened in the new owner's name, the owner is registered with building management and a property tax return is filed with the municipality. If a citizenship application will be made, the payment documents and the title deed annotation are added to the file at this stage.
How much do apartments for rent at İstanbul Sapphire cost?
The only residential rental listing we could find at İstanbul Sapphire is a 295 m² 3+1 on an upper floor with a Bosphorus view, at 350,000 TL a month, or about $7,060 (seven thousand sixty dollars). The listing dates from December 2025; we found no current rental listings for other types or sizes. The figure below should therefore be read as a single example, not a firm market average.
Source: Versatie Gayrimenkul rental listing "Sapphire Residence'ta Yüksek Kat, Yüksek Standartlar" (portfolio no. 1129275803, listed 23.12.2025), 350,000 TL; seen on 27.10.2026 and converted at 1 $ = 49.6 TL. Whether the listing is still available should be confirmed.
What is the rental yield at İstanbul Sapphire?
The gross rental yield for a 3+1 at İstanbul Sapphire is roughly 4.9% – 6.2%. The figure compares the $84,720 annual rent of the 3+1 with the two 3+1s for sale at $1,361,000 and $1,712,000. Because there is only one rental listing and it is about ten months old, the units are not the same size, and service charges and taxes are not deducted, this is only an indication.
Can units in İstanbul Sapphire be rented short term?
Under the rules in force since 2024, short-term rental requires a permit from the Ministry of Culture and Tourism and the unanimous consent of the other owners in a condominium building. In projects with many units this consent is hard to obtain in practice, so investment returns should be calculated on long-term rent.
What are the service charges and buying costs at İstanbul Sapphire?
Service charges at İstanbul Sapphire are set by building management according to the apartment's size and the compound's services. We obtain the current service charge for the apartment you are considering in writing from management and share it before purchase. The main buying costs on top of the price are:
By law, buyer and seller pay 2% each; the parties may agree otherwise.
A fixed fee charged for the title deed transaction.
Compulsory earthquake insurance taken out before the transfer.
Licensed valuation; compulsory for purchases by foreigners.
Present at the land registry for buyers who do not speak Turkish.
By Att. Egemen Yasin Şahalioğlu, from contract to title deed.
Fee rates may change with legislation; you can request the exact breakdown in writing before purchase. For new-build purchases, whether VAT is included in the price is also checked.
Can you get Turkish citizenship by buying in İstanbul Sapphire?
A home or office worth at least $400,000 (four hundred thousand dollars) qualifies for Turkish citizenship by investment; the threshold can also be reached with more than one property.
Both priced sale listings we saw at İstanbul Sapphire clear the $400,000 threshold on their own by a wide margin: even the cheapest 3+1 is about $1,361,000. Since the smallest homes in the tower are around 120 – 140 m² and listing prices are above $4,700 per square metre, no unit type is expected to fall below the threshold. Still, citizenship is based on the title deed price and an SPK-licensed valuation report, so it should be checked before the sale that the report value covers the contract price.
- The value is determined by a licensed valuation report.
- A no-sale annotation of at least 3 (three) years is placed on the title deed.
- Payment is made in foreign currency and documented through a Turkish bank.
- The application file is prepared and followed by Att. Egemen Yasin Şahalioğlu.
Legislation may change; current requirements are confirmed with the lawyer before applying.
What apartment types are there at İstanbul Sapphire?
Apartments at İstanbul Sapphire range from 2+1s up to 6+3 penthouses, with gross areas between about 120 m² and 750 m². The examples in Kiler GYO's 2019 valuation report include 2+1s and 3+1s of 141 – 250 m², 400 m² 4+1s and a 750 m² penthouse on the 48th floor. Many of the apartments are described as "floor garden" units.
The most common types in the tower; some have floor gardens and city or Bosphorus views.
Larger homes on the middle and upper floors, some with terraces and two façades.
On the top residential floors; price given only on request.
How do you get to İstanbul Sapphire?
İstanbul Sapphire sits at the start of Büyükdere Avenue in 4. Levent and connects directly through the mall on its lower floors to 4. Levent station on the M2 Yenikapı – Hacıosman metro line. By metro, Levent, Gayrettepe, Şişli and Taksim are a few stops away, and Maslak is a short ride north; the TEM motorway and the Fatih Sultan Mehmet Bridge are also close by car.
How long does it take from İstanbul Sapphire to Istanbul Airport?
Istanbul Airport is about 37 km from İstanbul Sapphire, a 35 – 50 minute drive depending on traffic. By public transport, you can take the M2 two stops from 4. Levent to Gayrettepe and change there to the M11 airport metro. Sabiha Gökçen Airport is about 45 km away across the bridge; at busy times the journey can take more than an hour.
What amenities are there around İstanbul Sapphire?
İstanbul Sapphire is surrounded by Istanbul's main business district; shopping malls, restaurants, private hospitals and schools are within a few kilometres. The Sapphire mall below the building covers most day-to-day needs.
Is İstanbul Sapphire a good investment?
İstanbul Sapphire is worth considering for buyers who want to live in or let out a serviced apartment in one of Istanbul's best-known towers, linked to the metro. The price per square metre seen in listings (about $4,700 – $5,000) is well below the $8,000 – $12,000 per square metre announced at the 2010 launch; this makes entry easier, but it also shows that value growth in dollar terms has been limited over the years.
- Completed building with occupancy permit and full condominium title; no delivery risk
- Direct metro connection and a mall underneath
- Floor gardens, pool, sports floor and concierge service
- Close to the Levent business district, with tenant demand
- Few apartments come up for sale, so prices are hard to compare
- Dollar prices have stayed below launch levels
- The building is 15 years old; maintenance of shared areas and systems should be checked
- Service charges may be high; the current amount is not public
Before buying, the title deed record, the condominium and occupancy status, the service charge and management plan, and the valuation report should be checked by an independent lawyer. These checks are carried out by Att. Egemen Yasin Şahalioğlu as part of the title deed and contract review.
What other projects are there near İstanbul Sapphire?
Within a few kilometres of İstanbul Sapphire, there are other residential projects in Levent, Seyrantepe and Maslak with different prices and apartment options.
Who should you buy İstanbul Sapphire from?
Property Time Istanbul is a licensed Istanbul firm offering property and legal advice to foreign and local buyers, with its office in Skyland Istanbul, Sarıyer. We represent the buyer, not the developer: we show apartments on site, compare prices with current market listings and manage the process up to the title deed. All legal work, including the title deed check, contract, transfer and citizenship application, is handled in full by Att. Egemen Yasin Şahalioğlu, registered with the Istanbul Bar Association (registration no. 66465).
Skyland İstanbul, Huzur Mah. Azerbaycan Cd. No:4 D:238, 34415 Sarıyer/İstanbul · info@propertytimeistanbul.com · About · Contact · Att. Egemen Yasin Şahalioğlu
Frequently asked questions about İstanbul Sapphire
How much is the cheapest apartment at İstanbul Sapphire?
The cheapest priced listing we saw in October 2026 is a 270 m² 3+1 on the 12th floor at 67,500,000 TL, or about $1,361,000. Few apartments come up for sale, so prices vary with the floor and the view.
Who built İstanbul Sapphire?
The tower was developed by Kiler GYO, part of Kiler Holding, and built by Biskon Yapı, also a group company. The architectural design is by Tabanlıoğlu Architects.
Which district is İstanbul Sapphire in, Beşiktaş or Kağıthane?
The building is officially in Kağıthane, in Emniyet Evleri neighbourhood, at Büyükdere Avenue No:1. Because it is in 4. Levent, some listings also show it as Beşiktaş/Levent.
How many homes are there at İstanbul Sapphire?
According to Kiler GYO's 2019 valuation report, the building has 211 homes. At the 2010 launch the number was announced as 188.
How many floors does İstanbul Sapphire have and how tall is it?
The tower is 261 metres including the design element at the top. According to the valuation report it has 10 basement floors, a ground floor and 50 standard floors; some sources give 54 floors above ground.
Is the İstanbul Sapphire title deed ready?
Yes. The building moved to full condominium title in 2009 and received its occupancy permit on 20.01.2011. The apartment's title deed record and any encumbrances should still be checked before buying.
Is İstanbul Sapphire close to the metro?
The building connects directly through the Sapphire mall on its lower floors to 4. Levent station on the M2 line; you can reach the metro without going outside.
How much is an apartment for rent at İstanbul Sapphire?
The only rental listing we found is a 295 m² 3+1 at 350,000 TL a month, or about $7,060. The listing dates from December 2025, so it should be checked for availability.
Does an apartment at İstanbul Sapphire qualify for citizenship?
All the priced sale listings we saw are above $400,000. Citizenship is based on the title deed price and a valuation report, so the report should be checked before the contract.
Does the İstanbul Sapphire observation deck belong to residents?
The observation deck is at about 236 metres at the top of the tower and is open to visitors. For residents' own use there are floor gardens, a pool, a sports floor and a lobby lounge.
Who handles the legal process when buying at İstanbul Sapphire?
For purchases through Property Time Istanbul, the title deed check, contract, title transfer and citizenship application are handled by Att. Egemen Yasin Şahalioğlu, registered with the Istanbul Bar Association.
What are the buying costs at İstanbul Sapphire?
The main costs are the 4% title deed fee (by law 2% each for buyer and seller), the land registry service fee, DASK insurance and, for foreigners, a valuation report and a sworn translator. Service charges are set by building management and confirmed in writing before purchase.
Can units in İstanbul Sapphire be rented short term?
Short-term rental requires a permit from the Ministry of Culture and Tourism and the unanimous consent of the other unit owners; in projects with many units this consent is hard to obtain in practice.
Where do İstanbul Sapphire prices come from?
Prices are compiled from the portal listings, estate agencies and developer price lists named under each table on this page; Turkish lira amounts are converted to US dollars at the 24 October 2026 rate ($1 ≈ 49.6 TRY). They are asking or list prices.