Polat Tower Residence Prices and Details 2026
Fulya, Şişli, Istanbul
Polat Tower Residence 1+1 apartments for sale start at 12,900,000 TL, about $260,000 (two hundred sixty thousand dollars), based on listings live in October 2026; the highest listing we found is 15,000,000 TL, about $302,000 (three hundred two thousand dollars). The building is a 42-storey (forty-two-storey) tower, roughly 152 (one hundred fifty-two) metres tall, in Fulya, Şişli, close to Mecidiyeköy. It was built by Polat İnşaat and completed in 2001 – 2002; it has 406 (four hundred six) apartments on 33 (thirty-three) residential floors, and the title deeds are full condominium titles (kat mülkiyeti). Most units are 1+1 apartments of 71 and 81 m² net. A furnished 1+1 is listed for 65,000 TL a month, about $1,310 (one thousand three hundred ten dollars), which points to a gross yield of around 6% (six percent). 1+1 prices sit below the $400,000 citizenship threshold. 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 Polat Tower Residence?
Polat Tower Residence is a single 42-storey residential tower in Fulya, Şişli, built by Polat İnşaat and completed in 2001 – 2002. Sources say 33 floors are residential with 12 apartments on each, for a total of 406 homes. The lower levels hold Towerside, a shopping arcade with 23 shops, and a car park for 650 vehicles. It should not be confused with Polat Fulya, the project under construction in Fulya, or with Polat Holding's projects in Levent and Akatlar; these are separate developments.
Source: izgayrimenkul.com and fcyajans.com project pages (developer Polat İnşaat, 42 floors, 152 m, 650-car parking, 23 shops; fcyajans: 33 residential floors, 12 per floor, 406 studio apartments, delivery 01.08.2002; izgayrimenkul: delivery 2001, 432 independent units), ihomes-realestate.com (42 floors, 33 residential floors, 152 m), Wikipedia list of tallest buildings in Istanbul (140 m, 40 floors, 2001), emlakjet.com listing #19036377 (condominium title, mortgage-eligible, building age 16 – 20). Sources vary between 40 – 42 floors, 140 – 152 m and 406 – 447 independent units; the 447 figure appears to include the shops. The architect is not named in any source.
What shared facilities and technical features does Polat Tower Residence have?
Polat Tower Residence has an indoor swimming pool, a gym, sauna, steam room and hammam, 24/7 security, reception, valet and covered parking. There is a helipad on the roof, and heating, ventilation, lighting and security are run by a Honeywell building automation system. In July 2012 a fire broke out on the facade; according to the fire brigade report it started at electrical connections in a technical shaft and spread to the cladding. No one was killed.
Source: izgayrimenkul.com and fcyajans.com (pool, gym, sauna, hammam, helipad, Honeywell automation, generators, lifts, 3.2 m ceilings), ihomes-realestate.com (indoor pool, gym, 24/7 security), emlaktasondakika.com (8 October 2012; smart building systems, three generators, helipad), gazetevatan.com (July 2012 fire and fire brigade report), nbcnews.com (fire, no casualties). The scope of the facade renovation after the fire is not covered in public sources; it should be confirmed with the building management.
How much are apartments for sale in Polat Tower Residence?
Polat Tower Residence 1+1 apartments listed in October 2026 are priced between 12,900,000 TL and 15,000,000 TL, roughly $260,000 (two hundred sixty thousand dollars) to $302,000 (three hundred two thousand dollars). Three of the four listings sit in the 12,900,000 – 13,000,000 TL band, about $260,000 – $262,000 (two hundred sixty-two thousand dollars). Because listings give gross areas between 85 and 120 m², the price per square metre works out at about $2,200 (two thousand two hundred dollars) to $3,100 (three thousand one hundred dollars); the Fulya neighbourhood average is about 103,800 TL/m², roughly $2,100 (two thousand one hundred dollars). A foreign agency page also gives a starting price of $260,000. There are sale listings for 2+1, 3+1 and penthouse units, but we could not access their prices; for these types the price is on request.
Source: emlakjet.com listings #19036377 (1+1, 90 m² gross / 87 m² net, 13th floor, 13,000,000 TL, updated 31.08.2026), #19819105 (1+1, 85 m², 12th floor, 13,000,000 TL), #19551685 (1+1, 110 m², 1st floor, 12,900,000 TL) and #16210623 (1+1, 15,000,000 TL; listing date not shown); remax.com.tr listing P57162675 (28th floor, furnished 1+1, 120 m², 12,900,000 TL); daire.trovit.com.tr October 2026 (the same three emlakjet listings, 29 and 30+ days old); ihomes-realestate.com (from $260,000, cash only); emlakjet.com Fulya neighbourhood average 103,784 TL/m². Exchange rate: $1 = 49.6 TL (24 October 2026). Checked: 27 October 2026. A 2+1 sale listing appears on hepsiemlak.com, but the page would not open, so we could not take its price. Older reference: in October 2012 a 167 m² 3+1 was listed at $750,000; this figure is not current.
How does buying in Polat Tower Residence 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 Polat Tower Residence?
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 are apartments for rent in Polat Tower Residence?
Polat Tower Residence has one current rental listing we could reach: a furnished 1+1 at 65,000 TL a month, about $1,310 (one thousand three hundred ten dollars). That comes to about $15,720 (fifteen thousand seven hundred twenty dollars) a year. The listing's size and publication date are not shown on the page we could access; since it is a single listing, treat the figure as an example rather than a market average. On booking sites a 1+1 in the building is listed from about $221 a night.
Source: emlakjet.com listing #17318167 (Fulya Polat Tower Residence, furnished 1+1, 65,000 TL a month; from the listing title, date not shown); fvrentals.com (Booking.com partner, 1+1, from $221 a night). Exchange rate: $1 = 49.6 TL (24 October 2026). Checked: 27 October 2026. A furnished rental on the 28th floor appears on Hepsiemlak, but the page would not open, so we could not take the rent.
What is the rental yield in Polat Tower Residence?
Polat Tower Residence 1+1 apartments show a gross rental yield of about 6% (six percent): $15,720 of annual rent divided by a typical 1+1 sale price of $262,000 gives 6.0%. This calculation rests on a single rental listing; after service charges, property tax, empty months and furnishing costs the net yield will be lower. A yield estimate is not a guarantee; check it against several current rental listings in the building before buying.
Can units in Polat Tower Residence 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 Polat Tower Residence?
Service charges at Polat Tower Residence 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 Polat Tower Residence?
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.
Polat Tower Residence has no listed 1+1 that meets the $400,000 threshold on its own; even the most expensive listing, at about $302,000, is roughly $98,000 short. Larger units or penthouses in the building may pass the threshold, but we could not find their current prices. For citizenship you can buy two 1+1 units together or make up the total with another property; the application is based on the price shown on the title deed and an SPK-licensed valuation report.
- 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 in Polat Tower Residence?
Polat Tower Residence consists mostly of 1+1 apartments built in two sizes, 71 m² and 81 m² net; listings show them as 85 – 120 m² gross including balconies and common-area share. The building also has a smaller number of 2+1 and 3+1 units and penthouses on the upper floors; one agency page mentions types from 1+1 to 4+1 of 109 – 220 m².
One bedroom, living room, bathroom and kitchen.
Some have two bathrooms; listed at 85 – 120 m² gross.
Few in number; two bathrooms in a 2012 listing.
Sale and rental listings exist; price on request.
How do you get to Polat Tower Residence?
Polat Tower Residence is in Fulya, close to the D-100 (E-5) highway; the M2 and M7 metro stations and the metrobus stop at Mecidiyeköy are about 1 – 1.5 km away. Taksim is about 3.7 km and Dolmabahçe about 2.8 km away; Barbaros Boulevard leads down to the Beşiktaş waterfront in a few minutes.
How many minutes is Polat Tower Residence from Istanbul Airport?
Polat Tower Residence is about 34 km from Istanbul Airport, a 35 – 50 minute drive depending on traffic. By public transport, the M11 metro line from Gayrettepe runs directly to the airport; Gayrettepe is one stop from Mecidiyeköy on the M2.
What amenities are there around Polat Tower Residence?
Polat Tower Residence covers daily needs within its own Towerside arcade; shopping malls, hospitals, universities and the Beşiktaş – Nişantaşı area are a short drive away.
Is Polat Tower Residence a good investment?
Polat Tower Residence is worth considering for buyers who want a ready, title-deeded 1+1 in central Şişli for about $260,000 with rental income; listing figures point to a gross yield of around 6%. On the other hand, the building is about 25 years old, listed areas are inconsistent, a single 1+1 does not meet the citizenship threshold, and the 2012 facade fire means the facade and fire-safety documents need checking.
- Central location in Fulya, Şişli, ~1 – 1.5 km to Mecidiyeköy metro
- Completed building, condominium title, mortgage-eligible units
- Indoor pool, gym, 24/7 security and in-building arcade
- ~6% gross rental yield on 1+1 units based on listings
- Built 2001 – 2002; ask about maintenance and renovation costs
- July 2012 facade fire; confirm the facade renovation and insurance
- A single 1+1 is below the $400,000 citizenship threshold
- Listed gross areas are inconsistent (85 – 120 m²); check the area on the title deed
In a resale purchase, the area and annotations on the title deed, the management plan, any unpaid service charges, the occupancy permit and the seller's authority should be checked by an independent lawyer. These checks are carried out by Att. Egemen Yasin Şahalioğlu as part of a title deed review.
What other projects are near Polat Tower Residence?
Polat Tower Residence has newer residential projects at different price levels nearby along the Nişantaşı, Levent and Maslak corridor; Polat Holding's project in Levent is one of them.
Who should you buy Polat Tower Residence 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 Polat Tower Residence
How much is the cheapest apartment in Polat Tower Residence?
As of October 2026 the lowest listed price is 12,900,000 TL for a 1+1, about $260,000. Most listings sit in the 12,900,000 – 13,000,000 TL band; confirm the current price with the seller.
Which district is Polat Tower Residence in?
The building is in Fulya, Şişli, Istanbul. Some older news reports place it in Beşiktaş, but listings and project pages show Fulya, Şişli.
How many floors does Polat Tower Residence have?
Most sources say the tower has 42 floors and is about 152 m tall, with 33 residential floors. The Wikipedia list gives 40 floors and 140 m.
When was Polat Tower Residence built?
Construction started in 1999 and the building was completed in 2001 – 2002. The developer is Polat İnşaat, part of Polat Holding.
How many apartments are there in Polat Tower Residence?
Sources give 406 apartments, 12 per floor on 33 residential floors. Including shops, the number of independent units is given as 432 – 447.
Are Polat Tower Residence and Polat Fulya the same project?
No. Polat Tower Residence is a single tower completed in the early 2000s. Polat Fulya is a separate two-block project under construction in Fulya.
How much is rent in Polat Tower Residence?
In the furnished 1+1 listing we could reach, the rent is 65,000 TL a month, about $1,310. The figure rests on a single listing, so check it against current listings.
Can you get citizenship by buying in Polat Tower Residence?
Not with a single 1+1; listed 1+1 units are $260,000 – $302,000, below the $400,000 threshold. The total can be reached with more than one unit or another property; the title deed price and an SPK-licensed valuation report are what count.
What facilities does Polat Tower Residence have?
There is an indoor pool, gym, sauna, steam room, hammam, 24/7 security, valet and a 650-car car park. The lower floors hold the Towerside arcade with 23 shops.
Was there a fire at Polat Tower Residence?
Yes, a fire broke out on the facade in July 2012 and no one was killed. According to the fire brigade report it started at electrical connections in a technical shaft and spread to the cladding; ask the management about the facade renovation before buying.
Are apartments in Polat Tower Residence mortgage-eligible?
According to listings, the units have condominium titles and are mortgage-eligible. Conditions for foreign buyers taking a loan from Turkish banks should be checked separately.
Who handles the legal process when buying at Polat Tower Residence?
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 Polat Tower Residence?
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 Polat Tower Residence 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 Polat Tower Residence 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.