 On the opposite European shores, the oldest to remain is the "Şerifler Yalısı" in the Emirgan neighbourhood (within Sarıyer district), which was built in 1780 but bears the name of a later owner.The most expensive yalı is "Erbilgin Yalısı" located in Yeniköy, Istanbul.In 2007, Forbes magazine listed "Erbilgin Yalısı" as the fifth most expensive house in the world with a price tag of $100 million.