# What an apartment at Sde Dov actually costs

> Every published price point for the district, with the date it carries and what it measures. The figures run from about ₪49,000 to about ₪100,000 per square metre, and the gap between them is not noise: a launch price, a developer's equivalent-area table, a closed deal and an insider purchase are four different things, and almost every article about Sde Dov quotes one of them as if it were all of them.

Canonical: https://shavnu.com/prices

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| Project | What it measures | Shekels per sqm | Date | Source |
|---|---|---:|---|---|
| GINDI VOGUE | Developer's table | 57500 to 65000 | 2026-09-18 | https://sdedovtlv.gindih.co.il/ |
| DIMRI YAMA | What is left | 62000 to 67000 | 2026-08-20 | https://www.themarker.com/ |
| DIMRI YAMA | What deals closed at | 82600 | 2026-04 | https://www.nadlancenter.co.il/ |
| SEVEN SEAS | What deals closed at | 80000 | 2026-03-25 | https://www.calcalist.co.il/ |
| DIMRI YAMA | One registered sale | 77000 | 2026-03 | https://en.globes.co.il/en/article-dimri-family-buys-units-in-companys-sde-dov-project-1001544399 |
| ZOHI | Launch price | 70000 | 2026-01 | https://www.nadlancenter.co.il/ |
| District guidance | Company guidance | 75000 to 85000 | 2026 | https://en.globes.co.il/en/article-yigal-dimri-keep-palestinians-out-of-israels-building-industry-1001512334 |
| RAINBOW | What deals closed at | 80300 | 2025-12 | https://www.nad-lan.co.il/projects/rainbow-tel-aviv-en |
| GINDI VOGUE | Launch price | 49000 | 2025-06-12 | https://www.calcalist.co.il/real-estate/article/r1vr4spqxg |
| GINDI VOGUE | What deals closed at | 56000 to 59500 | 2025-06-12 | https://www.calcalist.co.il/real-estate/article/r1vr4spqxg |
| District guidance | Company guidance | 75000 to 77000 | 2025-04 | https://www.calcalist.co.il/ |
| RAINBOW | One registered sale | 100000 | 2024 | https://www.nadlancenter.co.il/article/10839 |
| RAINBOW | One registered sale | 72000 | 2023-05 | https://www.themarker.com/ |

Downloadable table: https://shavnu.com/prices.csv

## Why these numbers disagree

A launch price is an opening list rate, usually the cheapest stack, and it moves once that stack sells. A developer's table is quoted in equivalent area, a marketing measure that can blend interior space, balcony and other components, so it is not the same denominator as interior metres. A closed deal is what somebody actually paid, which at Sde Dov has run well above several of the launch rates. A registered sale is a single transaction and tells you about that apartment, not the building. Remaining inventory is what a company says is left, which is the number it has the most reason to shade. None of these is wrong; quoting one without saying which it is, is.

## Questions people actually ask

### 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.


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Source: https://shavnu.com/prices on Shavnu, an independent English guide to the
Sde Dov district in Tel Aviv. Figures come from the public record: Israel Tax
Authority transaction reports, Tel Aviv GIS, tender results and the Hebrew press.
