New Developments in Ramat Gan

Ramat Gan (170,000 inhabitants) is Israel's 5th largest city and one of the country's most dynamic real estate markets. Adjacent to Tel Aviv on the east, housing the Israeli stock exchange and diamond district (Bursa), it concentrates Israel's most modern premium towers (Azrieli Sarona Center, Elite Tower, etc.). New construction is distributed between the Bursa (premium business towers), Bavli-Ramat Gan (high-end residential) and massive Pinui-Binui in old neighborhoods.

Active developers (Azrieli, Aura, Electra, Aldar, Rotshtein, Africa Israel) are building 30-60 story towers among Israel's tallest. The specifications are premium: high-end materials, home automation, concierge, spa, pools, gyms. The city benefits from the light rail red line (since 2023) and several Ayalon stations. Deliveries 2024-2028.

Neighborhoods with the most active new projects

Bursa (diamond district) — premium towers 40-60 floors, hotel services. Price: 45,000 to 70,000 ₪/sqm for a new 4-room apartment.

Bavli-Ramat Gan and Marom Naveh — high-end residential neighborhood, new towers and villas. Price: 40,000 to 55,000 ₪/sqm.

Neve Yehoshua — Tama 38 and Pinui-Binui, family neighborhood. Price: 35,000 to 46,000 ₪/sqm.

Ramat Chen and Tel Binyamin — Tama 38 in progress, renewal sectors. Price: 33,000 to 44,000 ₪/sqm.

The new construction market in Ramat Gan

For a new 4-room apartment in Ramat Gan, expect 2.7 to 4.5 million ₪. Premium Bursa towers: 4 to 7 million ₪. Penthouses: up to 15 million ₪. Per sqm: 33,000 to 70,000 ₪. Ramat Gan is among the 3 most expensive cities in Israel for new construction. The light rail red line and Tel Aviv proximity structure lasting appreciation.

For off-plan purchases in Israel, see our complete guide.