MARYAPI

What MARYAPI does

Mar Yapı Turizm İnşaat San. Ve Tic. A.Ş. (operating as MARYAPI / Mar Yapı) is a privately held Turkish luxury real-estate developer headquartered in Istanbul's Bağcılar district with 250+ employees and 45,000,000 TL of paid-up capital. The firm was co-founded by Chairman Münir Özkök — who also founded Midas (Turkey's leading gold-chain producer) in 1983 and co-founded renewable-energy firm Maraş Enerji in 1997 — and Vice Chairman Yusef Arslan, who brought 13 years of construction experience in Israel and separately runs Y&Y Construction and Development in Cyprus and MAST LTD. Mar Yapı develops residential, hospitality, and mixed-use projects under a unified "G" brand portfolio spanning Istanbul, Bodrum, and Izmir.

The company has assembled a portfolio of branded real-estate products rather than building a proprietary technology platform. Completed and ongoing projects include G-Residences Ulus and Gayrettepe, G Tower (serviced under Divan Residence), G Yoo Inspired by Starck, G-Rotana (2013 MIPIM AR Future Projects Award winner), Wanda Vista Istanbul, G-Beyond, G-Hub (a 182,000 m² mixed-use complex with a 600-bed Biruni University Hospital), Evka Bornova, G-Town Bodrum, G-Taksim, G-Durusu, and G-Kızılburun. Architectural work is concentrated with Şerbetçi Architects, which has designed multiple major projects including Evka Bornova and G-Hub. There is no proprietary software, AI/ML capability, API, or digital product surface disclosed; the only technology footprint is standard digital marketing tooling (Google Analytics, Google Ads, Dynamic Remarketing, Facebook Custom Audience) supporting project-level microsites.

Mar Yapı monetizes through four streams: one-time sale of luxury residential units (apartments, villas, hotel-residences), recurring revenue from furnished short- and long-term rentals at G Tower managed by Divan Residence, recurring revenue from the guaranteed-income investment product at G-Rotana under Rotana Group operations, and one-time sale of commercial and mixed-use components (retail shops, offices, medical residences). Pricing is opaque and handled via direct sales offices and project-specific websites targeting high-net-worth individuals, institutional buyers, and international investors. The GTM is sales-led and enterprise-field-sales hybrid: branded luxury marketing for HNW buyers plus enterprise engagement with hotel operators, hospital operators, and commercial tenants for mixed-use projects.

Name

MARYAPI

Legal name

Mar Yapı Turizm İnşaat San. Ve Tic. A.Ş.

Website

https://maryapi.com.tr

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

MARYAPI (Mar Yapı) is a privately held Turkish luxury real-estate developer with 250+ employees, building branded residential, hospitality, and mixed-use projects under the G portfolio across Istanbul, Bodrum, and Izmir in partnership with Rotana, Wanda, Divan, and Yoo/Starck.

Ownership category

akta.pro rank

Product category

Luxury Real Estate Development

NAICS

New Housing For-Sale Builders (236117)

SIC

Real Estate Dealers (For Their Own Account) (6532), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Luxury Villa Resorts & Branded Villa Communities (THAMAEAI)

akta.pro secondary industries

Luxury Beachfront & Waterfront Villas (THAMAEAE), Luxury Villas & Residences Resorts (THAGACAM), Luxury Vacation Rental Management (BPAJAIAD)

Keywords

• Luxury real estate development
• Branded residence projects
• Mixed-use property development
• Hospitality-integrated residences
• Residential property sales

Headquarters

HQ city

Istanbul

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Residential Property Sales: Mar Yapı generates primary revenue through the sale of luxury residential units across its G-brand portfolio. Completed projects include G-Residences Ulus, G-Residences Gayrettepe, G Tower, G Yoo Inspired by Starck, G-Rotana, Wanda Vista Istanbul, and G-Beyond. Units range from standard apartments (3+1, 2+1) to luxury villas (5+2, 6.5+2, 7+1) and boutique hotel rooms.
2. Guaranteed Income Investment Properties: Projects such as G-Rotana offer guaranteed income investment opportunities under the assurance of Rotana Group, combining hotel, residences, commercial, and social areas. Revenue is generated from hotel operations and unit ownership structures with income guarantees.
3. Furnished Apartment Rentals: G Tower and G-Residences properties are offered as furnished apartments for long and short-term accommodation, generating recurring rental income with hotel-style services managed by Divan Residence.
4. Commercial and Mixed-Use Property: Projects include commercial retail spaces (shops), office buildings, and neighborhood shopping malls as part of mixed-use complexes (e.g., G-Town Bodrum with 4 shops, G-Hub with neighborhood shopping mall).

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Mar Yapı (MARYAPI) develops, constructs, and sells luxury residential units, villas, hotel-residences, and mixed-use commercial properties in Turkey under the "G" brand portfolio (G-Residences, G-Tower, G-Yoo, G-Rotana, G-Beyond, G-Hub, G-Town, etc.). Projects are delivered through strategic partnerships with internationally recognized hospitality and design brands (Rotana, Wanda Group, Yoo/Philippe Starck, Divan) and are sold directly to high-net-worth individuals and investors, with ancillary rental, hospitality, and guaranteed-income revenue streams.

Product overview

MARYAPI (Mar Yapı) is a Turkish real estate development company (Mar Yapı Turizm İnşaat San. Ve Tic. A.Ş) offering a portfolio of residential and mixed-use projects under the 'G' brand. The company develops luxury apartments, villas, hotel-residences, and commercial properties across Istanbul and Bodrum, Turkey. Key projects include G-Residences Ulus, G Tower (with Divan Residence management), G Yoo Inspired by Starck (collaboration with Yoo brand), G-Rotana (award-winning project with Rotana Group), Wanda Vista İstanbul (partnership with Wanda Group), G-Beyond, G-Hub (medical and mixed-use complex), Evka Bornova, and various upcoming projects in Bodrum and Istanbul. The company employs modern construction technologies and collaborates with world-renowned designers and international brands.

Differentiator

Problem solved

Functional benefit

Brands

• G: Brand portfolio including G-Residences, G-Tower, G-Rotana, G-Beyond, G-Hub, G-Town, G Yoo, G-Bodrum projects offering residential and hospitality experiences
• G-Bodrum Tuzla
• G-Durusu
• G-Kızılburun
• G-Taksim İstanbul
• G-Town Bodrum Ortakent
• G-Hub
• Evka Bornova
• G Residences Gayrettepe
• G Tower
• G Yoo Inspired by Starck
• G-Rotana
• Wanda Vista İstanbul
• G-Residences Ulus
• G-Beyond

Products and services

• G-Residences Ulus Luxury residential project featuring Neoclassical architecture with elite lifestyle amenities, offering both long-term and short-term accommodation options in Ulus, Istanbul.
• G Tower Residential tower offering hotel-like living comfort, fully serviced under the Divan Residence brand, providing a true residence experience with hospitality services (concierge, housekeeping, maintenance).
• G Yoo Inspired by Starck Luxury residential project combining the international Yoo brand (Miami, London, Paris, Hong Kong, New York) with Mar Yapı's G Concept approach, offering accessible luxury living with Philippe Starck design collaboration.
• G-Rotana Award-winning hotel and residences project offering guaranteed income investment under Rotana Group assurance, combining hotel, residences, commercial, and social areas managed by Rotana.
• Wanda Vista İstanbul Premium branded real estate development under strategic partnership with Wanda Group (world's largest real estate company), representing innovation in Turkey's real estate sector through international collaboration.
• G-Beyond Luxury residential project in Bodrum offering unique coastal lifestyle experiences with access to azure blue beaches.
• G Residences Gayrettepe Completed luxury residences in Istanbul's Gayrettepe neighborhood, offering a blend of urban convenience and serene tranquility.
• Evka Bornova Residential project in Bornova (İzmir) comprising 49 residences (3+1, 2+1 duplex) and 9 villas (5+2 and 6.5+2), totaling 58 units with 18,052 sqm saleable area; designed by Şerbetçi Architects.
• G-Taksim İstanbul Ongoing luxury real estate project in Istanbul's Taksim center, comprising two adjacent buildings with a total usable area of 5,951 sqm.
• G-Town Bodrum Ortakent 5-storey mixed-use project in Bodrum Ortakent with 4 shops, outdoor pool, fitness and social facilities; total saleable space of 14,738 sqm with 4-room units.
• G-Hub High-density, low-rise mixed-use complex with offices, medical residences, a 600-bed Biruni University Hospital, and neighborhood shopping mall; total buildable area of 182,000 sqm including 1+1, 2+1, and Loft unit types.
• G-Bodrum Tuzla Project Coastal land development featuring a private bay and pristine beach, located near Bodrum Airport, world-class golf courses, and a national park; total area of 14,500 sqm in concept phase.
• G-Durusu Project Ongoing luxury villa project near Istanbul Airport in Durusu, featuring 7 exclusive villas with single villa type 7+1 and total construction area of 37,731 sqm.
• G-Kızılburun Project Ongoing peninsula development with private bay and 1,500-meter coastline, including 7 private villas, a 30-room boutique luxury hotel (4,668 sqm), and 27 villa residences (11,744 sqm); total usable area of 20,499 sqm.

Quantifiable outcome

• 2013 MIPIM AR Future Projects Award — First Prize for G-Rotana

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core and minor.

• Rotana GroupcoreStrategic or Co-development PartnerRotana Group, the largest hotel chain in the Middle East, provides hotel management and the Rotana brand to the G-Rotana project. G-Rotana offers guaranteed income investment opportunity under Rotana Group's assurance, with the project including hotel, residences, commercial, and social areas. Rotana manages all hospitality operations.
• Wanda GroupcoreStrategic or Co-development PartnerWanda Group, the world's largest real estate company, entered a strategic partnership with Mar Yapı to develop Wanda Vista Istanbul. This partnership adds innovation to Mar Yapı's real estate sector offerings. Mar Yapı brings local development expertise while Wanda Group contributes its international real estate brand and resources.
• Divan (Divan Residence)coreStrategic or Co-development PartnerDivan, the leading brand in Turkey's hospitality sector, provides service management for G Tower under the 'Divan Residence' brand. Divan undertakes all service management at G Tower, providing a true residence experience akin to hotel comfort. G Tower carries the signature of 'Divan Residence' alongside its name.
• Yoo (Yoo Brand) / Philippe StarckcoreOEM/ Whitelabel/ Licensing PartnerThe Yoo brand, which has signatures in world metropolises such as Miami, London, Paris, Hong Kong, and New York, is brought together with Mar Yapı's G Concept approach through the G Yoo Inspired by Starck project. The project is licensed under the Yoo brand with design collaboration with Philippe Starck, providing accessible luxury in Istanbul.
• Y&Y Construction and Development LTD.minorOthersY&Y Construction and Development LTD. is a construction and real estate development company operating in Cyprus, founded by Yusef Arslan, co-founder of Mar Yapı. It represents an affiliated entity within the broader business network rather than a formal third-party partnership.
• Maraş Enerji Yatırımları A.Ş. (Maras Energy Investments)minorOthersA renewable energy investment company established in 1997, co-founded by Münir Özkök and Yusef Arslan. It is part of the broader network of companies under the founders' investment portfolio.
• Öz GayrimenkulminorOthersÖz Gayrimenkul, led by Münir Özkök as Chairman, is a significant part of the TAO consortium and is actively involved in the development of Istanbul Ataşehir's Istanbul Financial Center. It operates within the broader ecosystem of Mar Yapı founders' real estate interests.
• MidasminorOthersMidas was founded by Münir Özkök in 1983, and he serves as Chairman of the Board. Midas has become Turkey's leading gold chain sector producer and exporter. It is part of the investment portfolio of Mar Yapı's founders.
• Şerbetçi ArchitectscoreTechnology or IntegrationŞerbetçi Architects is the design firm responsible for multiple Mar Yapı projects, including Evka Bornova and G-Hub (182,000 m² mixed-use complex). The architectural firm provides the design and conceptual development for major projects.
• Biruni UniversitycoreStrategic or Co-development PartnerBiruni University operates a 600-bed hospital within the G-Hub project — a high-density, low-rise complex including offices, medical residences, hospital, and neighborhood shopping mall. The 182,000 m² G-Hub project was designed by Şerbetçi Architects and represents a major mixed-use development incorporating healthcare infrastructure.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Ağaoğlu: One of Turkey's largest luxury residential developers, known for mega-projects such as Maslak 1453 and My World. Directly comparable to Mar Yapı as a Turkish luxury developer targeting HNW buyers with large-scale, branded residential and mixed-use projects in Istanbul.
• Sinpaş: Major Turkish residential developer with a portfolio spanning Istanbul and other major cities, including branded residence concepts. Comparable to Mar Yapı in scale, residential focus, and target market of middle-to-upper-income Turkish buyers.
• Torunlar GYO: Turkish REIT developing premium mixed-use and residential projects including Trump Towers Istanbul and Mall of Istanbul. Comparable to Mar Yapı in its combination of luxury residential, retail, and mixed-use developments in Istanbul's prime submarkets.
• DAP Yapı: Turkish luxury residential developer focused on premium Istanbul projects including branded residence concepts (e.g., Yalı Ataköy, Nlive). Comparable to Mar Yapı in luxury positioning, branded residential design, and Istanbul-centric focus on HNW buyers.
• Emlak Konut GYO: Turkey's largest real estate investment trust, developing and marketing large residential and mixed-use projects, often in partnership with private developers. Comparable to Mar Yapı as a Turkish for-sale residential developer at scale, particularly relevant given the for-sale housing focus.
• Avrupa Konutları: Istanbul-focused residential developer with a large portfolio of mid-to-upper market housing projects. Comparable to Mar Yapı in Istanbul-centric residential development for the Turkish buyer segment, though operating at somewhat lower price points.

Broad incumbents

• Ant Yapı: Turkish construction and real estate company active in Turkey, Russia, the US, and the UK, with a portfolio of luxury residential and mixed-use projects. Comparable to Mar Yapı in luxury residential development and international brand partnerships, though operating at a larger construction-led scale.
• Doğuş Group: Diversified Turkish conglomerate with significant real estate and luxury hospitality operations (D-Hotel Maris, D Maris Bay). Comparable to Mar Yapı at the intersection of luxury real estate and high-end hospitality, though operating across many other sectors.
• Rönesans Holding: One of Turkey's largest construction and real estate conglomerates with international operations in construction, real estate, and energy. Comparable to Mar Yapı as a major Turkish developer, though with a much broader industrial and contracting footprint.
• Emaar Properties: Dubai-based global luxury real estate developer with active Turkey operations. Comparable to Mar Yapı in luxury branded residences and hospitality-integrated developments, though operating at significantly larger scale across multiple geographies.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/mar_yapi
• Facebooktr-tr.facebook.com/MarYapiTR
• LinkedInlinkedin.com/company/mar-yapi
• Instagraminstagram.com/maryapi

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 MARYAPI