Sde Dov

A comparative analysis by a Psagot-Sigma expert reveals significant differences in sales pace and pricing among projects in the prestigious Sde Dov district.

Hagag Real Estate concluded the second quarter of 2026 with 68 apartments sold, a 4.6% increase over the previous period. Despite varying sales volumes across projects, the company reported a 126.7% rise in net profit.

The court ruled that at this stage, the lottery for the distribution of rights between landowners in Sde Dov should not be promoted, after some of the rights holders requested to wait until the extent of soil contamination is clarified. Meanwhile, Adam Teva V'Din opposes the dismissal of the petition regarding soil contamination in Sde Dov, despite the Supreme Court's recommendation.

Concerns regarding soil contamination in the Sde Dov quarter continue to delay the distribution of rights among approximately 1,700 landowners in the 'Gush HaGadol'. Although the appraiser found no grounds to change the value coefficients at this stage, rights holders argue that the lottery must be postponed until pollution test results are available.

The hotel arm led Israel Canada to a half-year loss of 36 million shekels, despite a shift to profit in the second quarter. In the Rainbow project in Sde Dov, only 7 apartments were sold in the half-year, with a decrease in price per meter and a lowering of the profit forecast. The company presented the financing plan for the Acro deal and estimated that the exposure from the favorable payment...

Half-year data points to a high average of sales. The first quarter was stronger, but the company moved from a net loss last year to a profit, with revenues also rising compared to 2025. The average price in Sde Dov remains high.

The land lottery in Sde Dov was postponed due to fears of contamination, and soil tests have not yet been completed. The managers of 'Gush HaGadol' are asking to hold the lottery and not wait additional months for the results.

The company, which has already sold 700 apartments in Sde Dov, is selling the commercial portion: REIT 1 will acquire approximately 12,400 sqm of retail and office space and about 127 parking spots.

The public real estate company reports 100% occupancy in projects designated for long-term rental, and annual revenues of about 35 million shekels. Will its bet on Sde Dov also pay off?

Y.H. Dimri released its second-quarter 2026 reports, highlighting challenges in its Sde Dov flagship project. Only 40 out of 455 units have been sold to date, leading the company to lower its price-per-square-meter forecast.

The Israel Land Authority (ILA) reported that pollution tests in Sde Dov are progressing, but has yet to publish findings or mapping, leaving land distribution stuck. Rights holders warn that the lack of clear information harms real estate transactions and certainty surrounding the project. Simultaneously, apartment buyers are seeking to cancel option agreements and recover approximately 1.55...

Mei Avivim discovered that new neighborhoods under construction in northern Tel Aviv would lack water access, leading to the approval of an 80 million shekel pipeline project with Mekorot.

The Israel Land Authority (ILA) has submitted a court update regarding soil contamination tests in the Sde Dov quarter ahead of a land distribution lottery, which has already been postponed. While the judge deemed the delay "negligible" compared to the risk of discovering significant contamination gaps, the lack of data means the lottery will be postponed once again.

The first purchaser of an apartment option at the Sde Dov complex is suing the real estate developer Gindi, demanding the cancellation of the deal and a refund due to severe soil contamination.

What percentage of the company will Eli Avisror hold, why is the IPO tempting to investors, and who bought an apartment for 17 million shekels? The Avisror family will earn huge sums after the IPO. The brothers will rake in tens of millions as dividends.

The Avisror family has purchased 13 apartments in their ASHIRA project in Sde Dov. Eli Avisror invested 19 million shekels, while other family members secured favorable financing terms with the balance due upon delivery.

After 20 years of delays and freezes, the Tel Aviv Municipality met with landowners to advance the construction of the new 'Nofei Yam Tzafon' neighborhood. A representative for the landowners stated: "These are critical weeks for the landowners."

The Ministry of Environmental Protection is demanding that the Tel Aviv Municipality stop work at Sde Dov, fearing a health risk due to the presence of pollutants. Alongside the exchange of accusations between the bodies, experts warn of regulatory chaos, while new buyers are demanding to include clauses for quick release from the contract due to pollution.

The owner of Y.H. Damri explains why he bought apartments for himself and his children in Sde Dov and denied it was done to boost sales: "Sde Dov is going to be one of the best neighborhoods in the country. We have done over 41 deals. Not the pace we expected, but I am not worried."