Ümraniye is an extensive working-class district on the Asian side of the city. Not long ago, this was a rudimentary area. There has been a lot of change in this area recently. With projects such as complexes, large shopping malls, entertainment centers, and green urbanization, Ümraniye is the fastest growing area in Istanbul.
It was named Ümraniye because it was once a green area. Although the picnic area is no longer as crowded as it used to be, the area still has large parks and recreation areas suitable for outdoor activities. The word Umran is Arabic. It means happiness and well-being. The central meaning is the place where it was developed. In areas where terrestrial climate influences are observed, precipitation increases in autumn and winter.
Over the past few decades, Ümraniye has developed into a bustling commercial and business district. Following the modernization of the regional center, the first Carrefours opened and shopping stores began to open along the streets. Due to its rapid modernization, Ümraniye has attracted investors. Now large shopping centers and large enterprises such as Ikea, Siemens, Bayer, Bosch, Buyaka AVM, and Meydan AVM are located in the Ümraniye area.
Although Ümraniye continues to be modernized, the area is still looking for a unique identity. That said, when you’re in Ümraniye, you can see what you see in skyscrapers and suburbs. A common criticism is a contrast between the local aspect and the social character. Many people in Istanbul believe that the Ümraniye people are still rural, conservative, illiterate and unsuitable for the city of Istanbul. As a result, the district governor is accused of spending money on behalf of the district in exchange for educational opportunities.
Ümraniye is the fastest-growing area in Istanbul. Of the existing 320,000 buildings, 66% were built in Ümraniye in the last 13 years. It is known as the region with the most robust infrastructure thanks to real estate investments by giant market companies. Home prices rose 2.24% in the Ümraniye home sales market last year. The average depreciation period for this area is 21 years. Looking at annual data, the most valuable housing areas in Umraniye as of the end of 2020 are Tatlysu, Saray, Istiklal, Armaganevler, Elmalykent. The average area of residential properties for sale is 100 square meters.