How much does an apartment at Sde Dov cost per square metre?
The published figures run from about 49,000 shekels per square metre, which was GINDI VOGUE's launch rate in June 2025, to about 100,000, which is one registered sale at RAINBOW. Most closed deals sit between 56,000 and 83,000. Any single figure quoted without a date and a basis is not usable.
Is 42,000 shekels per square metre a real Sde Dov price?
No published figure in the district is that low. The lowest rate on record is the 49,000 launch price at GINDI VOGUE in June 2025, and the same deals worked out at 56,000 to 59,500 once financing costs were counted. A figure near 42,000 appears on some foreign-language sites and does not match any source found.
What is the most expensive apartment sold at Sde Dov?
The highest registered rate found is about 100,000 shekels per square metre, for a 134 sqm apartment at RAINBOW bought by the former Mossad chief Yossi Cohen. A penthouse at ASHIRA sold for 19.5 million shekels in August 2024, to an unnamed couple from the technology industry.
Are prices at Sde Dov rising or falling?
Land prices fell by roughly 40 per cent between the 2021 tender and the 2025 rounds. Apartment prices have not fallen by anything like that, but sales have slowed sharply: Y.H. Dimri recorded essentially no net new sales at its project in the second quarter of 2026 and quoted remaining inventory at 62,000 to 67,000 with a further decline of about 8 per cent projected. Israel Canada sold seven apartments at RAINBOW in the whole first half of 2026.
Do foreign buyers pay more at Sde Dov?
There is no evidence of a foreign-buyer premium in the published figures, and foreign buyers are a large share of the market here: Electra disclosed that more than 60 per cent of the buyers at its SEVEN SEAS project were foreign residents, and Hagag reported 40 or more foreign buyers at FIRST, mostly French and British. What foreign buyers do pay more of is purchase tax, at 8 per cent and then 10 per cent, which is a separate question from the price per metre.
What does equivalent area mean on a price list?
Equivalent area is a developer's comparison metric that can blend interior space, balcony and other components into a single figure. Multiplying an equivalent-area column by a shekel rate gives a comparative number, not a contract price for a named apartment on a named floor. Do not compare one tower's equivalent area against another tower's interior metres.