By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
KeyToFinancialTrendsKeyToFinancialTrends
  • Expert Insights
  • Business
  • Economics
  • Tech
Reading: Tel Aviv seafront apartment sold for NIS 58m
Share
Notification Show More
Font ResizerAa
KeyToFinancialTrendsKeyToFinancialTrends
Font ResizerAa
  • Expert Insights
  • Business
  • Economics
  • Tech
  • Expert Insights
  • Business
  • Economics
  • Tech
  • About us
  • Contact
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Economics

Tel Aviv seafront apartment sold for NIS 58m

Joe Weisenthal
Last updated: 19.11.2025 11:54
Joe Weisenthal
3 месяца ago
Share
Tel Aviv seafront apartment sold for NIS 58m
SHARE

A 275 square meter apartment on the tenth floor of the SIX 8 tower, to be built near the Dolphinarium on Tel Aviv, has been sold for NIS 58 million, in one of the most expensive real estate deals in Israel this year, «Globes» has learned. The price reflects NIS 210,000 per square meter, although the calculation does not take into account the area of balconies and service areas, which may change the average price.

18 floors, 50 apartments

The SIX 8 tower is being developed and built by the Aviv Group and Leny Group on Tel Aviv seafront between Hayarkon, Daniel and Herbert Samuel Streets. Construction recently began on the 18-floor high-rise, which is near Dolphinarium beach. In July, the Aviv Group, controlled by Doron Aviv and Dafna Harlev, reported that it had received a permit to build the project, and that the tower will have 50 apartments. Expected revenue is estimated at NIS 800 million and predicted expenditure is NIS 680 million.

In addition to the housing units, the SIX 8 project will also include 6,000 square meters of hotel space and 500 square meters of commercial space. The project was designed by the Moshe Tzur architects office, and interior design of public spaces was by Patricia Urquiola.

One of Israel’s most prestigious streets

Marketing of the apartments in the project has long begun, and «Globes» has found that several buyers have bought a «stockpile» of apartments. In May, five apartments on the 13th floor of the tower, with 2-5 rooms, were purchased for aboutNIS 42 million. A calculation based on Tax Authority reports shows that the price averaged NIS 126,000 per square meter.

In July 2024, three apartments with 2 rooms each were purchased on the ninth floor of the tower, for NIS 15 million. In April 2025, a seven-room apartment on the 11th floor of the tower was sold for NIS 43.3 million, a price that translates into an average of NIS 188,000 per square meter.

This area of Tel Aviv, along the southern stretch of Yarkon Street, is considered particularly expensive — perhaps the most expensive in the city and in Israel. As «Globes» previously reported, in the Mandarin Oriental project opposite the Dolphinarium, and near the SIX 8 tower, apartments were recently sold for prices of more than NIS 120,000 per square meter, and other deals have exceeded the NIS 150,000 per square meter mark.

Published by Globes, Israel business news — en.globes.co.il — on November 18, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.

Poolside AI targets Israel’s defense sector
Israel’s forex reserves hit new record in January
Supreme Court suspends closure of Army Radio
Integrated transport hubs planned above Ayalon Highway
Israeli drone co Xtend to trade on Nasdaq at $1.5b valuation
Share This Article
Facebook Email Print
Previous Article Delek Group outdoes banks on profit, but dividend lower Delek Group outdoes banks on profit, but dividend lower
Next Article Part of a trend: Startup Namogoo sold at a loss Part of a trend: Startup Namogoo sold at a loss
Nine killed as Iranian missile hits Beit Shemesh
Nine killed as Iranian missile hits Beit Shemesh
Economics
33% of buildings lack adequate structural protection
33% of buildings lack adequate structural protection
Economics
Smotrich: War has already cost Israel NIS 9b
Smotrich: War has already cost Israel NIS 9b
Economics
US and Israel launch major attack on Iran
US and Israel launch major attack on Iran
Economics

Editor’s Picks

At Key To Financia lTrends, we provide expert reviews and in-depth analysis of business and international events to help professionals and investors make informed decisions in a complex economic environment.

Topics

  • Expert Insights
  • Business
  • Economics
  • Tech

Navigation

  • About us
  • Contact
Tauruspartners.co reviews
KeyToFinancialTrendsKeyToFinancialTrends
© KeyToFinancialTrends. All Rights Reserved.