Yucel was jailed in February past year on suspicion of spreading propaganda in support of a terrorist organisation and inciting violence.
The 32nd High Penal Court in Istanbul on Friday ordered Yucel's release from custody pending trial.
The German-Turkish journalist was accused of spreading propaganda for the Kurdistan Workers' Party, or PKK, a Kurdish separatist group that the Turkish government has branded a terrorist organization.
Dogan news agency reported prosecutors were charging the journalist with "engaging in terrorist propaganda" and "inciting public hatred and enmity", seeking a minimum of four years.
"I believe that this will lead to [Yucel] being able to leave the country", German Foreign Minister Sigmar Gabriel told reporters in Munich.
The six were all sentenced for being associated with the movement of US-based Turkish cleric Fethullah Gulen, which Turkey accuses of being behind a failed coup attempt in July 2016.
Wojtek Wolski playing for Canada at Olympics after breaking neck
Team Canada is off to a strong start in the men's hockey tournament at the 2018 Olympic Winter Games in Pyeongchang . The rest of the schedule turns to the men's tournament , which has four games spread between the morning and night.
"I know that this was an independent decision of the court", he said, thanking the Turkish government for helping to speed up the proceedings.
Die Welt, the German newspaper for which he works, had reported earlier in the day that Yucel had been freed, citing his lawyer.
Yildirim said there are 3,064 Turkish prisoners languishing in Germany.
Many German newspapers marked Yucels the first year in custody without charge with front page stories this week, when the #FreeDeniz campaign held a major solidarity event in the German capital.
Berlin had past year advised German investors and holidaymakers to avoid Turkey .
Turkish authorities stressed on Friday that there had been "no political involvement" in Yuecel's case and that his release was fully in line with "national principles of law".
Gabriel had repeatedly discussed the Yucel case with his Turkish counterpart Mevlut Cavusoglu.