Dap Yapı

What Dap Yapı does

DAP Yapı (legal name: DAP YAPI İNŞAAT SANAYİ VE TİCARET ANONİM ŞİRKETİ) is a Turkish luxury real estate developer founded in 2003 and headquartered in Istanbul's Maltepe district. The company designs, builds, and sells premium residential towers, mixed-use complexes, office buildings, and resort properties — delivering more than 15,000 units cumulatively across dozens of completed projects spanning Istanbul (Şelale, İSTMarina, Ormanköy, Adam Kule, Vazo Kule, Validebağ Konakları, Teras Kule), İzmir (Dap İzmir, DAP Çeşme), and adjacent locations. Its product philosophy centers on architectural differentiation ("Healthy Homes" concept, low-rise design, unique non-standard floor plans per unit) and "right project in the right location" timing, supported by 50+ awards including European Property Awards, International Property Awards, Marcom Platinum, and A-Design Platinum, plus four consecutive The One Awards "Most Reputable Brand of the Year" wins.

Revenue is generated almost entirely from one-time unit sales of residential and commercial space at premium price points. The go-to-market is sales-led: each active project operates a dedicated on-site sales office, supplemented by a centralized call center (444 9 327), WhatsApp, and website lead capture. Access to state-backed land is secured via Emlak Konut GYO tenders (won for Kartal, Ataşehir, Nişantaşı, Levent, Çekmeköy Taşdelen), frequently through subsidiary Eltes İnşaat, and the Emlak Konut Tasarruf Finansman Şirketi (TFŞ) partnership underwrites a "Yeni Nesil Konut Edinme" zero-deposit, fixed-installment financing program with rental-yield offset — a distinctive distribution model. The corporate parent (DAP Gayrimenkul Geliştirme) is publicly listed on the Turkish stock exchange since 2017; ownership is concentrated through the Yılmaz family (Chairman Dr. Ziya Yılmaz and Deputy Chairman Rafet Yılmaz).

Name

Dap Yapı

Legal name

DAP YAPI İNŞAAT SANAYİ VE TİCARET ANONİM ŞİRKETİ

Website

https://dapyapi.com.tr

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

DAP Yapı is a Turkish luxury real estate developer headquartered in Istanbul, delivering architecturally distinctive residential towers, mixed-use complexes, and resort properties to affluent individuals and investors across Turkey, with sales executed via on-site offices and an Emlak Konut-backed zero-deposit financing program.

Ownership category

akta.pro rank

Headquarters

HQ city

Istanbul

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D

Revenue model

1. Residential and Commercial Unit Sales: DAP Yapı generates the majority of its revenue from the sale of residential units (apartments, villas, residences) and commercial spaces (offices, shopping malls) across its portfolio of completed, ongoing, and future projects. Units are sold at premium prices reflecting their architectural differentiation, prime locations, and investment appreciation potential. This is a one-time transaction model per unit, with no recurring revenue per customer.
2. Financing-Linked Sales (Yeni Nesil Konut Edinme): Through the 'New Generation Home Acquisition' campaign, DAP partners with Emlak Konut Tasarruf Finansman Şirketi (TFŞ) to split the total property price — 50% is financed through the TFŞ savings-based financing system, enabling zero-deposit, fixed-installment purchases. This financing arrangement accelerates sales velocity.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Dap Yapı is a Turkish real estate development company that designs, builds, and sells premium residential apartments, villas, and mixed-use commercial developments (offices, shopping malls, hotels, hospitals) primarily in Istanbul and Izmir. Its active portfolio includes luxury projects such as Yeni Levent, Nişantaşı Koru, DAP Çeşme, and Ataşehir 173, delivered under a proprietary "Healthy Homes" design philosophy integrating wellness amenities and architecturally unique unit layouts.

Product overview

Dap Yapı (DAP YAPI İNŞAAT SANAYİ VE TİCARET A.Ş.) is a Turkish real estate development company that operates as a single-brand platform with multiple distinct project offerings. The portfolio includes luxury residential projects (Yeni Levent, Nişantaşı Koru, DAP Çeşme, Ataşehir 173), commercial office towers (Z Ofis, İ Ofis, Y Ofis, A Ofis, S Ofis, Bumerang Ofis), mixed-use developments (İSTMarina shopping mall), and completed residential villages (Şelale series). The company has delivered over 15,000 commercial units across more than 50 completed projects. Recent innovation includes the 'Yeni Nesil Konut Edinme' financing model enabling property purchases without down payment through Emlak Konut partnership.

Differentiator

Problem solved

Functional benefit

Products and services

• Yeni Levent Luxury residential project in Istanbul's Sarıyer district designed under the proprietary 'Healthy Homes' (Sağlıklı Evler) concept, featuring low-rise architecture, spacious balconies and terraces, green living integrated with urban amenities near Belgrad Forest. Developed with Emlak Konut assurance and eligible for the Yeni Nesil Konut Edinme zero-deposit financing campaign.
• Nişantaşı Koru Premium residential project in Istanbul's Şişli district, adjacent to a 60,000 sqm grove and steps from Abdi İpekçi Street and City's Shopping Mall. Designed with the 'Healthy Homes' concept featuring low-rise architecture, infinity pools, terrace lofts, and villa-style residences. Awarded 'Best Real Estate Development Marketing in the World and in Europe' at the 2022 European Property Awards.
• DAP Çeşme Luxury waterfront residential project in Çeşme/İzmir located near Çeşme Marina (2.4 km). Designed with low-rise architecture using natural materials, and offering SPA, sauna, sports facilities, swimming pools, and children's playgrounds. Targeted at premium vacation-home and resort buyers seeking architecturally distinctive Aegean residences.
• Ataşehir 173 Ongoing residential development project in Istanbul's Ataşehir district with construction in progress. Sales are conducted during the construction phase through dedicated on-site sales offices.
• Yeni Nesil Konut Edinme (New Generation Home Ownership) Home financing campaign that splits the property price 50/50 — the financing portion runs through the Emlak Konut TFŞ savings-based system enabling zero-deposit, fixed interest-free installments, while milestone payments of 1 million TL are due at 6 and 12 months (example based on a 10M TL property). The model is designed to allow investors to maintain capital while rental income (~200,000 TL/month on example 10M TL units) offsets installment payments.

Quantifiable outcome

• Over 15,000 residential units, offices, commercial spaces, hotels, schools, and hospitals delivered across dozens of projects
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Three partnerships are on record, tiered core.

• Emlak Konut Gayrimenkul Yatırım Ortaklığı (Emlak Konut GYO)coreStrategic or Co-development Partner · 1 March 2026Emlak Konut GYO is a government-backed real estate investment trust that provides the umbrella guarantee for DAP's projects. Under this partnership, DAP has won several land tenders issued by Emlak Konut GYO (Ataşehir, Kartal, Nişantaşı, Çekmeköy Taşdelen), and Emlak Konut's brand guarantees the financing programs offered to buyers. The Yeni Levent project is specifically developed 'with the assurance of Emlak Konut.'
• Emlak Konut Tasarruf Finansman Şirketi (TFŞ)coreStrategic or Co-development Partner · 1 March 2026The Emlak Konut Tasarruf Finansman Şirketi (TFŞ) is the savings-based financing company operating under the Emlak Konut guarantee. Through this partnership, DAP's 'Yeni Nesil Konut Edinme' (New Generation Home Acquisition) campaign is enabled: 50% of the total property price is financed through TFŞ, allowing buyers to purchase with zero deposit and fixed interest-free installments, with rental income from the property offsetting installment payments.
• Eltes İnşaat (DAP Holding Subsidiary)coreStrategic or Co-development Partner · 1 January 2018Eltes İnşaat is a subsidiary of DAP Holding that partners with DAP Yapı on project-level joint ventures. It has won multiple Emlak Konut GYO land tenders in partnership with DAP Yapı (including Kartal, Ataşehir, Nişantaşı, and Çekmeköy Taşdelen projects). Eltes İnşaat serves as the construction execution arm for DAP-affiliated projects.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Mesa Mesken Sanayii: Established Turkish residential developer with a nationwide portfolio including Istanbul premium projects. Comparable to DAP in residential development focus and Turkish-market operations.
• Ağaoğlu Group: One of Turkey's largest real estate developers with a portfolio of premium residential, commercial, and mixed-use projects concentrated in Istanbul. Comparable to DAP in scale, premium positioning, and Istanbul-centric operations.
• Teknik Yapı: Turkish real estate developer with a portfolio of premium residential projects in Istanbul, including branded towers. Direct competitor to DAP in the high-end Istanbul segment.
• Sinpaş GYO: Turkish real estate developer focused on premium residential projects in Istanbul. Directly comparable to DAP in target market, customer segment (mid-to-high income Turkish buyers), and product type (luxury branded residential).
• Ege Yapı: Istanbul-focused residential and mixed-use developer with premium branded projects. Direct competitor to DAP in Istanbul's premium residential segment with similar project-based sales model.
• Varyap Varlıbaşlar: Istanbul-based real estate developer focused on premium residential towers and mixed-use projects. Comparable to DAP in Istanbul-centric premium residential development.
• İnvest İnşaat: Istanbul-focused real estate developer with residential and commercial projects in premium districts. Comparable to DAP in Istanbul premium market positioning and product mix.
• Torunlar GYO: Turkish REIT (GYO) developer of premium residential, office, and shopping mall projects including Mall of Istanbul. Comparable to DAP in mixed-use development capabilities and İstanbul premium positioning.

Broad incumbents

• DAMAC Properties: Dubai-based luxury real estate developer with premium residential and branded-hotel projects. Comparable to DAP in luxury residential focus, distinctive architectural branding, and emphasis on investor buyers, but at much larger international scale.
• Emaar Properties: One of the world's largest real estate developers with luxury residential, retail (Dubai Mall), and hospitality projects globally. Comparable to DAP in premium residential development and brand-driven positioning, but operates at significantly larger scale and geographic breadth.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/dapyapi
• YouTubeyoutube.com/channel/UCZ_lMM3cRdu7nv9-5z1T-9g
• Facebookfacebook.com/Dapyapi
• LinkedInlinkedin.com/company/dapyapi
• Instagraminstagram.com/dapyapi

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dap Yapı