Üsküdar District, Istanbul

Üsküdar is a district located on the Asian side of Istanbul. With its strategic and historical location, it boasts unparalleled transportation infrastructure, providing easy access to both the European and Asian parts of Istanbul. The real estate market in Üsküdar is a lucrative investment opportunity. This area has witnessed significant growth in property values and offers attractive rental yields, especially for properties with Bosphorus views.

The diversity of properties, ranging from Ottoman mansions to villas and villa-apartments, caters to various needs and investment strategies. The villas in this district are the second most expensive on the Asian side after the Beykoz district, making Üsküdar one of Istanbul’s luxury areas. Moreover, Üsküdar is an attractive tourist destination, captivating visitors with its historical landmarks, natural beauty, and authentic cultural experiences.

This unique blend of history, culture, modern infrastructure, and investment opportunities makes Üsküdar one of Istanbul’s most appealing districts. If you’re looking to buy property in one of the best areas on Istanbul’s Asian side, offering the highest quality of life and high profitability, Üsküdar is the district you need to explore.

Geographical Location of Üsküdar District

Üsküdar is situated on the Asian side of the Bosphorus Strait, nestled on the slopes of the Burğurlu Hills. It is bordered by Beykoz to the north, Ümraniye to the east, Ataşehir to the southeast, Kadıköy to the south, and the Bosphorus Strait to the west. Üsküdar’s historical significance lies in its role as a gateway between Asia and Europe, and its proximity to the Bosphorus Strait.

Advantages of Living in Üsküdar District, Istanbul

With a history spanning over 2500 years, Üsküdar is one of Istanbul’s richest historical districts. It presents a harmonious blend of tradition and modernity. Üsküdar benefits from excellent connections to the European side via the Bosphorus Bridge, Fatih Sultan Mehmet Bridge, and Marmaray Tunnel, providing quick and easy access to key business districts such as Levent, Maslak, and Beşiktaş.

The public transportation system in this area is highly developed, including the Marmaray metro line (connecting to the European side in minutes), the M5 metro line (connecting to Çekmeköy), ferries and sea taxis, as well as numerous bus and minibus routes. The Üsküdar pier holds a central and renowned position in sea transportation. Passenger ferries from this pier offer the fastest, most enjoyable, and most affordable mode of transport from the Asian to the European side of Istanbul.

Üsküdar is home to high-quality schools and universities, including Üsküdar University. The district also boasts reputable hospitals and medical centers such as Üsküdar Türk Hospital and NPİSTANBUL Hospital. Local life in Üsküdar is vibrant, with traditional markets, boutique cafes, and waterfront restaurants. Prominent shopping centers like Emaar Square Mall, Akasya Mall, and Watergarden are also located in this area. For instance, Altunizade is very close to Akasya Mall.

The district features abundant and diverse green spaces, including Çamlıca Hill (the highest point in Istanbul with panoramic views, picnic areas, and walking trails), Fethi Pasha Grove, Altunizade Park, and the Üsküdar coastline. Overall, Üsküdar district offers comprehensive amenities for a comfortable life for various groups, from families to students, employees, retirees, and even investors.

Advantages of Real Estate Investment in Üsküdar, Istanbul

Üsküdar is one of the most upscale and sought-after real estate markets on the Asian side of Istanbul. Property values in this area have grown annually by 16% to 24% from 2023 to 2024. Nominal predictions indicate that nominal prices will increase by 5% to 10% annually in 2025.

The continuous increase in Üsküdar’s property values and its higher per-square-meter price compared to the overall Istanbul average indicate that this growth is not merely speculative but driven by fundamental factors such as its strategic location, historical prestige, and comprehensive amenities, which create intrinsic value.

In 2024, Üsküdar had an average rental yield of 5.48%. Although slightly lower than areas with the highest yields like Şişli (6.87%) and Beyoğlu (6.83%), it remains competitive and reflects the high rental demand due to Üsküdar’s excellent accessibility and reputable status. This means investors can expect steady rental income and significant long-term capital appreciation. Buying property in Üsküdar can also provide an opportunity for citizenship by investment.

Best Neighborhoods for Living in Üsküdar

Defining the “best” neighborhood to live in depends on individual lifestyle and preferences. Most neighborhoods in Üsküdar district offer good living conditions. Therefore, it’s best to choose the right neighborhood based on your own needs and expectations.

Altunizade Neighborhood

Altunizade is one of Üsküdar’s upscale neighborhoods. It is an authentic and diplomatic area, located just 5 minutes from the Bosphorus bridges, branded restaurants and cafes, and the beautiful Valide Gardens, providing excellent access to other parts of the city.

This neighborhood is a mix of modern villa-style buildings and traditional homes, ideal for those seeking tranquility in a vibrant urban environment. The high standard of living in this neighborhood provides all the necessary amenities for a comfortable life. The neighborhood boasts shopping centers, hospitals, and international schools with very easy access. Due to the presence of diplomats, Altunizade is under security surveillance and control, making it one of Üsküdar’s popular neighborhoods.

Acıbadem Neighborhood

Acıbadem, with its semi-modern and semi-traditional fabric, is considered one of Üsküdar’s well-built and green neighborhoods. It is favored by upper-class families due to the presence of reputable medical centers (such as Acıbadem Hospital), its proximity to both the Asian and European sides of Istanbul, and its peaceful environment. Stylish apartments, quiet streets, and excellent access to public transportation are among its prominent features.

Kuzguncuk Neighborhood

Kuzguncuk, with its old-world charm, cobblestone streets, Ottoman mansions, and warm sense of community, is one of Üsküdar’s most unique and artistic neighborhoods. This neighborhood is a destination for many artists, writers, and those who appreciate a quiet and cultural lifestyle. The presence of cafes and art galleries, urban gardens, and unparalleled Bosphorus views makes Kuzguncuk a special little gem in the heart of Istanbul.

Beylerbeyi Neighborhood

Beylerbeyi is a coastal and very historic neighborhood renowned for its famous Beylerbeyi Palace located on the Bosphorus Strait. This neighborhood is a blend of Ottoman architecture, beautiful nature, and luxurious villas. Its quiet streets, stunning sea views, and proximity to the First Bosphorus Bridge make it one of Üsküdar’s most expensive and aristocratic neighborhoods.

Kandilli Neighborhood

Kandilli is one of Üsküdar’s greenest and most tranquil neighborhoods, known for its wooden villas, tree-lined streets, and beautiful Bosphorus views. This lush, cozy, and peaceful neighborhood is primarily appealing to affluent families who prefer a luxurious yet quiet and secluded life. Kandilli also hosts reputable schools and historic gardens, offering a relaxing and unique atmosphere.

Tourist Attractions in Üsküdar

Several popular tourist destinations in Istanbul are located in the Üsküdar district, including:

• Iconic Landmarks: Kız Kulesi (Maiden’s Tower), Beylerbeyi Palace, and Küçüksu Palace.
• Important and Beautiful Mosques: Mihrimah Sultan Mosque (designed by the famous architect Mimar Sinan) and Şemsi Pasha Mosque (another one of Sinan’s creations).
• Natural Beauty: Çamlıca Hill, Fethi Pasha Grove, and the Üsküdar coastline on the Anatolian side of the Istanbul Strait.
• Local Markets: Üsküdar Fish Market and Mimar Sinan Market.

With its strategic location on the Asian side of the Bosphorus, dynamic social life, abundant green spaces, and safe environment, Üsküdar offers a high quality of life for its residents, increasing its appeal to families, professionals, and students. From an investment perspective, Üsküdar’s real estate market, due to its continuous property value appreciation and competitive rental yields, presents a profitable opportunity for purchasing property in Istanbul and a secure investment.