Israel Brothers, a private Jerusalem developer founded in 1964, won Central lot 2103 on 19 February 2025 for ₪848.0M including development, about 14.7 per cent below the appraisal. Its design plan, approved at the 3 June 2026 subcommittee session, puts 424 homes in towers of 45 and 25 storeys and in 5 and 8-storey buildings, with about 1,766 sqm of retail, by Moshe Tzur Architects. The company lists the project on its own site as 'Sde Dov by Israel Brothers' with status 'future'. No prices or sales have been published.
A six-decade family developer with genuine international delivery history, including a completed Lisbon project. None of that record is discoverable in English outside the company's own site.
Every recorded acquisition in the district, with the source for each.
₪791,884,333 for the land plus ₪56,150,499 development on 6,958 sqm, 26 bids. The land bid was about 14.7 per cent below the ₪928.4M appraisal. Earlier versions of this record gave ₪843M in total; the WizBid lot figures add to ₪848.0M.
Published figures that do not match. Both readings are given rather than one being chosen.
Both put the discount to appraisal at about 14.7 per cent, which matches the land bid alone. The ₪843M figure is not reproduced by the lot-level tender data; ₪848.0M is the sum of the published land and development amounts.
Everything on this page traces to one of these.
We answer by email, independently, with sourced facts from the field.
We use analytics to improve Shavnu and advertising measurement to understand which inquiries came from our ads. Choose what we may store on this device. Privacy policy.
