HaArgazim property prices 2026.
Cheap new tower flats inside a fifteen-year building site in south-east Tel Aviv.
HaArgazim is a small, long-neglected corner of south-east Tel Aviv being replaced almost entirely by towers. Registered sales are dominated by new high-rise flats at about 41% below the city's price per metre. The catch is years of construction, weak public transport and an unfinished neighbourhood.
Data area: HaArgazim (Tel Aviv-Yafo); recent deals are almost all at one new high-rise address recorded only by street code 3694
Prices
Price per square metre, year by year
Median ₪ per m² of registered sales each year; the latest year is in red. Years with few deals move more than the market does.
Purchase tax at the median (₪2.88m)
| Buyer | Purchase tax |
|---|---|
| Single home (Israeli resident) | ₪39,540 |
| Oleh within the eligibility window | ₪4,510 |
| Foreign resident or additional home | ₪230,400 |
2026 bands. The oleh rate applies from one year before to seven years after aliyah. Confirm your own position with your lawyer before you sign.
Recent registered sales
| Date | Street | Rooms | m² | Price | ₪/m² |
|---|---|---|---|---|---|
| Jun 2026 | — | 3 | 74 | ₪2,755,000 | ₪37,230 |
| Jun 2026 | — | 5 | 117 | ₪3,928,000 | ₪33,573 |
| Jun 2026 | — | 3 | 64 | ₪2,475,000 | ₪38,672 |
| May 2026 | — | 5 | 117 | ₪3,908,000 | ₪33,402 |
| May 2026 | — | 3 | 66 | ₪2,555,000 | ₪38,712 |
| Apr 2026 | — | 4 | 93 | ₪3,300,000 | ₪35,484 |
| Apr 2026 | — | 4 | 93 | ₪3,300,000 | ₪35,484 |
| Apr 2026 | — | 2 | 45 | ₪2,245,000 | ₪49,889 |
From the Israel Tax Authority register as published by Dirobot.
Size against price
The dashed red line is the area median of ₪30,802 per m². Dots above it sold for more per metre than the median; dots below it, for less.
The area
What you get
- At the median of about ₪2.88m, a new three- or four-room tower flat with a lift, mamad and parking.
- Recent registered sales run from ₪2.245m for a 45 m² two-room flat to ₪3.93m for a 117 m² five-room flat.
- Remaining older homes are informal, low-rise and self-built, generally without a mamad.
- New towers carry high maintenance charges that cut into any net return.
Who lives here
Long-time residents, many negotiating or contesting relocation terms, alongside younger couples and investors buying new high-rise flats on the southern edge.
Getting around
A 2023 planning review found no direct access to planned light rail or metro lines, so many residents depend on cars. HaHagana station and the future Purple Line on HaHagana Street are reachable but not on the doorstep.
For the full picture of daily life, schools and community, read The Honest Guide to HaArgazim.
Beware
- Full build-out of the northern renewal plan was projected to take about fifteen years, with demolition and lorries well into the 2030s.
- Relocation entitlement has been contested in court, and some residents have received nothing.
- The registered figures describe new tower flats more than old homes, so the median is not a guide to older stock.
- Tower maintenance charges can be substantial and directly reduce net yield.
- The 2026 jump in price per metre partly reflects which new units happened to register that year.
Check before you make an offer
- Confirm whether the building sits in the approved northern plan, the existing southern towers or another compound.
- For new stock, see the building permit and, for completed units, the Form 4 occupancy certificate.
- Take specialist legal advice before buying any older house or relocation entitlement.
- Ask for current and projected va'ad bayit or management company charges.
- Find out which neighbouring plots are due for demolition or building next, and how close they are to your windows.
The verdict
Works well for
- Buyers who want a new flat with a mamad and parking well below the city's price per metre.
- Long-horizon investors betting on the finished Park Tel Aviv neighbourhood.
- Drivers comfortable relying on a car.
Harder to recommend for
- Families wanting established schools and parks now.
- Commuters who need a station on the doorstep.
- Buyers sensitive to noise and dust.
HaArgazim is less a neighbourhood than a project, with an approved plan, rising towers and a painful entitlement fight nearing resolution. New flats are cheap per metre for Tel Aviv, but everything around them is unfinished. Buy here for 2040, not for next year.
Questions buyers ask
What is the median property price in HaArgazim?
The median registered sale in HaArgazim is ₪2,880,000, or ₪30,802 per square metre, based on 86 registered deals (Jan 2023 – Jun 2026). These are sold prices from the Israel Tax Authority register, not asking prices.
How much purchase tax would I pay on a median-priced home in HaArgazim?
On ₪2,880,000, under the 2026 bands: about ₪39,540 for a resident buying a single home, about ₪4,510 for an oleh within the eligibility window, and about ₪230,400 for a foreign resident or someone buying an additional home. Confirm your own position with your lawyer.
What are the main risks of buying in HaArgazim?
Full build-out of the northern renewal plan was projected to take about fifteen years, with demolition and lorries well into the 2030s. Relocation entitlement has been contested in court, and some residents have received nothing. The registered figures describe new tower flats more than old homes, so the median is not a guide to older stock.
What should I check before making an offer in HaArgazim?
Confirm whether the building sits in the approved northern plan, the existing southern towers or another compound. For new stock, see the building permit and, for completed units, the Form 4 occupancy certificate. Take specialist legal advice before buying any older house or relocation entitlement.
Who does HaArgazim suit?
It works well for: Buyers who want a new flat with a mamad and parking well below the city's price per metre; Long-horizon investors betting on the finished Park Tel Aviv neighbourhood; Drivers comfortable relying on a car.
Get your free report
A personalised buy or rent report for HaArgazim or anywhere in Israel: what really sold, at what price, and what is on the market now.
Asking prices are not sold prices. Every figure here comes from registered sales unless stated. This is general information, not legal or financial advice. Updated October 2026.