Is Tel Aviv the only option for luxury in Israel?
For years, the answer was “Yes.”
If you wanted high-end amenities, concierge service, and prime location, you paid the Tel Aviv premium.
But in 2025, the game has changed.
We are seeing a massive shift of capital, development, and interest moving just 15 minutes north and east.
Investors and luxury buyers are discovering that Central Israel luxury offers something Tel Aviv often can’t:
Space. Quiet. And a price-per-meter that actually makes sense.
This isn’t just a trend. It’s a market correction.
In this guide, I’m going to show you exactly where the smart money is moving in Raanana, Ramat Gan, and the Sharon region.
We will cover:
- Why Ramat Gan is becoming the “Manhattan of Israel.”
- The specific neighborhoods in Raanana that Anglos are fighting over.
- Why Ramat HaSharon is the silent winner of the luxury market.
- Data-backed pricing trends for 2025.
Let’s dive in.
1. The Rise of Luxury Apartments in Central Israel
Here is a truth that most real estate agents won’t tell you:
The definition of “Luxury” in Israel is shifting.
Ten years ago, “luxury” meant a sea view on HaYarkon Street. Today, post-2024, buyers are prioritizing security, community, and advanced building specs over just a zip code.
Luxury apartments in central Israel (specifically the “Gush Dan” outer ring) are now outperforming older Tel Aviv stock in terms of build quality.
Why the shift?
- The “Vertical” Standard: New towers in the center are being built with VRF air conditioning, 24/7 security, and smart-home integration as a standard, not an upgrade.
- Green Space: The Sharon region offers private gardens and parks that are impossible to find in the congested city center.
- Accessibility: With the new Light Rail (Dankal) lines, living in Ramat Gan or Raanana no longer means a painful commute.
Pro Tip: When looking at “Central Israel,” focus on the “Triangle of Wealth”: Raanana (North), Ramat HaSharon (Center), and Ramat Gan (South).
2. Luxury Real Estate Ramat Gan: The Vertical City
If you haven’t been to Ramat Gan lately, you might not recognize it.
Specifically, the Diamond Exchange area (Bursa) and the surrounding neighborhoods.
Luxury real estate in Ramat Gan has transformed from sleepy residential blocks to massive, high-spec glass towers.
The “New” Ramat Gan
Developers are capitalizing on the proximity to Tel Aviv (literally across the street) by building upwards. We are seeing projects like the “Vertical City” and other 40+ story towers that mimic New York style living.
What to look for in Luxury Apartments Ramat Gan:
- The Exchange District: This is where the highest towers are. Look for mixed-use buildings that offer gyms, business lounges, and concierge services within the elevator ride.
- Shikun Vatikim: For those who want luxury but don’t want a tower. This area offers high-end villas and boutique low-rise buildings.
- Geffen Neighborhood: undergoing massive renewal with projects like Geffen Tower, blending historic charm with ultra-modern living.
The Data: While Tel Aviv luxury prices can hit 80,000–100,000 NIS per meter, Luxury apartments in Ramat Gan often trade in the 45,000–60,000 NIS range for superior specs. You are getting the same view, the same specs, for 40% less.
3. Luxury Real Estate Raanana: The Anglo “Safe Haven”
Raanana is different.
It doesn’t try to be Tel Aviv. It doesn’t try to be New York.
It tries to be the perfect suburb. And it succeeds.
Luxury real estate in Raanana is driven heavily by the “Anglo” market (immigrants from the US, UK, South Africa, and France). This specific demographic demand has created a micro-economy that is incredibly resilient to national downturns.
Where is the “Real” Luxury?
Not all Raanana is created equal. If you are looking for the top 1% of the market, you need to focus on two areas:
- Lev HaPark (West Raanana): This is where you find the newer penthouses and garden apartments. It is adjacent to the massive Raanana Park.
- Kiryat Ganim: Famous for private homes (Cottages/Villas) on quiet, tree-lined streets.
Why Raanana Wins:
- Community: The luxury here isn’t just the marble floors; it’s the shuls, the schools, and the English-speaking community infrastructure.
- Resilience: In 2024-2025, while other markets cooled, demand for turnkey luxury homes in Raanana stayed hot because new immigrants need a soft landing.
Market Trend: We are seeing a shortage of large (5-room+) apartments. If you see a renovated 5-room property in central Raanana, it will likely move fast.
4. Luxury Property Ramat HaSharon: The Quiet Wealth
If Ramat Gan is the bustling city and Raanana is the family suburb, Ramat HaSharon is the private estate.
Luxury property in Ramat HaSharon is characterized by one thing: Land.
This is one of the few places in the immediate center where you can find genuine villas on half-dunam (500 sqm) lots without driving to the periphery.
The “Sharon Region” Appeal
Luxury apartments in the Sharon region (specifically Western Ramat HaSharon) are often purchased by Israelis who made their money in Tech and want privacy.
Key Neighborhoods:
- Western Ramat HaSharon (Rova Alon): This is the gold standard. Villas here can easily cross the 15M – 25M NIS mark.
- Hadar: Offers a mix of high-end boutique apartments and older villas being renovated.
The “Pitzu Kadam” Effect: We are seeing a trend of “Architectural Luxury.” Buyers aren’t just buying houses; they are buying statement pieces designed by top Israeli architects. If you are looking here, you are looking for uniqueness, not a cookie-cutter tower apartment.
5. The 2025 Luxury Buyer’s Checklist
If you are entering the market for Luxury apartments central Israel this year, do not sign a contract until you check these four boxes.
1. The “Mamad” (Safe Room) Standard
In 2025, the Mamad is no longer just a storage room. In luxury builds, the Mamad must be integrated seamlessly. Is it ventilated properly? Does it have network cables (CAT6/7)?
2. The Management Fee (Va’ad Bayit)
In the new Ramat Gan towers, maintenance fees can hit 1,500–2,500 NIS per month. Ensure you know exactly what amenities this covers (Doorman? Gym? Robot cleaners?).
3. Parking is King
In Raanana and Ramat Gan, street parking is a war zone. True luxury requires two registered underground parking spots. Do not compromise on this. It affects resale value immensely.
4. The “View” Guarantee
In a developing region like the Sharon, that open view you see today might be a construction site tomorrow. Check the TABA (City Plan) to ensure your view is protected.
Final Thoughts
The center of gravity is shifting.
You no longer need to be on Rothschild Boulevard to experience world-class living.
Whether it’s the high-octane vertical life of Ramat Gan, the community-driven warmth of Raanana, or the private exclusivity of Ramat HaSharon, Central Israel offers a diversity of luxury that Tel Aviv simply cannot match.
The smart move for 2025?
Look for the “gap.” Look for the properties in these three cities that offer the finish level of a 50M NIS Tel Aviv penthouse, for a fraction of the price.
They are out there. You just need to know where to look.
