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Housing · Eilat

Eilat home prices by neighbourhood

The average apartment in Eilat costs ₪1.56M and average rent is ₪4,000 a month. Most expensive neighbourhood: Build Your Home (₪1.73M); cheapest: HaDekel (₪666,000). 7,217 housing units in approved plans, with 2,180 more in planning. 6 urban renewal compounds.

Average home
₪1.6M
23% below the national average
Rent
₪4,000
a month, average
Units in approved plans
7,217
plus 2,180 in planning
Urban renewal compounds
6
2,340 homes planned
Home price
cheaperpricier
no data

Eilat neighbourhoods from most to least expensive

Most expensive: Build Your Home (₪1.7M). Cheapest: HaDekel (₪666,000)

Real estate · last 12 months

Show
  1. 1Build Your Home
    ₪1.7M
  2. 2Shahamon
    ₪1.7M
  3. 3City Centre
    ₪1.6M
  4. 4Mitzpe Yam
    ₪1.4M
  5. 5Tze'elim
    ₪1.3M
  6. 6HaArava
    ₪1.2M
  7. 7Ye'elim
    ₪1.1M
  8. 8Urim
    ₪1M
  9. 9Ofir
    ₪999,000
  10. 10HaDekel
    ₪666,000

Source: Israel Tax Authority, Nadlan. Neighbourhoods with few sales appear in the table without an average.

All neighbourhoods in Eilat

A table of 13 neighbourhoods: price, rent and yearly change

Show
1-year change
Build Your Home₪1.7M▲ 13% ₪3,750
Shahamon₪1.7M▲ 12.9% ₪5,747
City Centre₪1.6M▲ 4.1% ₪3,550
Mitzpe Yam₪1.4M▲ 6.8% ₪4,900
Tze'elim₪1.3M▲ 9.6% ₪4,100
HaArava₪1.2M▲ 9.8% ₪3,600
Ye'elim₪1.1M▲ 21.7% ₪3,750
Urim₪1M▲ 3.6% ₪3,950
Ofir₪999,000▼ 4.8% ₪3,600
HaDekel₪666,000▼ 8.6% ₪3,800
Ganim A—₪6,975
Ganim B——
Hotel District——

How many new homes are planned in Eilat?

7,217 housing units in approved plans, plus 2,180 in planning

Planning · Planning Administration

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Approved: 7,217 unitsDeposited for objections: 281 unitsUnder planning review: 1,899 units

Housing units in approved plans, by year

’16’17’18’19’20’21’22’23’24’25’26

The biggest plans

Recently approved

Plans in the online planning system that add housing units, excluding national, district and master plans. An outline plan and a detailed plan for the same area can overlap, so the total is a ceiling, not a count of homes. Plan names are in Hebrew, as registered.

Urban renewal (pinui binui) in Eilat

6 compounds: 832 homes today, 2,340 after

Urban renewal

Show
6compounds
832 → 2,340homes today → after
0under construction
CompoundHomes todayAfter the projectStatus
6 - ברנעHaDekel133480×3.6In statutory planningplan
12 - קדש ירושלים השלמהHaArava168450×2.7In statutory planningplan
שדרות התמרים (סינג סינג)HaDekel208420×2In statutory planningplan
19 - לוס אנג'לס אילותHaArava124420×3.4Early planningplan
22 - צין פארןHaArava124390×3.1In statutory planningplan
23 - סמטת המערותYe'elim75180×2.4In statutory planningplan

Source: Government Authority for Urban Renewal, declared compounds (tax track and local authority track). Compound names are in Hebrew.

Residential land tenders in Eilat

38 tenders since 2015, 3 open now

Israel Land Authority

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38 tenders since 2015 offering 6,465 housing units; 3 open now.

Land price per housing unit in regular tenders

’17’18’19’20’23’24’25

Open and published

Recent tenders

  • Tender 221/2025 · שיפולי ההרDecided

    Mechir Matara (target price) · Multi-storey housing · 139 units · 5 lots · 31 Dec 2025

  • Tender 307/2025 · שיפולי ההרDecided

    Mechir Matara (target price) · Multi-storey housing · 132 units · 30 Nov 2025

    Winners: ליאם נחמיאס חברה לבניין בע"מ

    1 bids
  • Tender 98/2025 · תחנת כיבוי אשDecided

    Developer-initiated tender · Multi-storey housing · 180 units · 10 Nov 2025

  • Tender 362/2024 · שיפולי ההרDecided

    Public tender · Multi-storey housing · 77 units · 4 lots · 7 Apr 2025

    Winners: אחים אוזן חברה לבנייה בע"מ, איריס פינלט בע"מ

    ₪322,000land per housing unit
  • Tender 378/2024 · שיפולי אבDecided

    Mechir Matara (target price) · Multi-storey housing · 197 units · 6 lots · 31 Mar 2025

  • Tender 329/2024 · שחמון 11Decided

    Public tender · Low-rise housing · 80 units · 3 lots · 25 Dec 2024

    Winners: טל פנחס אחזקות וניהול בע"מ, יונתן נחמיאס יזמות 2007 בע"מ, יורודרייב נכסים ואחזקות בעמ, א. חבר בע"מ, שלמה אזולאי ובניו בע"מ

    ₪369,000land per housing unit
  • Tender 350/2023 · שיפולי ההרDecided

    Public tender · Residential and retail · 130 units · 24 Jun 2024

    Winners: א.א.י. אבו נס ציונה בע"מ

    ₪108,000land per housing unit
  • Tender 119/2024 · שיפולי ההרDecided

    Mechir Matara (target price) · Multi-storey housing · 120 units · 17 Jun 2024

    Winners: אחים בוסקילה בע"מ

    1 bids
  • Tender 351/2023 · שיפולי ההרDecided

    Mechir Matara (target price) · Multi-storey housing · 481 units · 5 lots · 20 Mar 2024

    Winners: המציע זכה במתחם אחר, אחים בוסקילה בע"מ, רייבי מניבים, אדני ארץ פרויקט 6 בע"מ

    13 bids
  • Tender 119/2023 · שיפולי ההרDecided

    Public tender · Multi-storey housing · 375 units · 4 lots · 17 Dec 2023

    Winners: אוליצקי פיתוח מגורים בע"מ, שיפולי הרי אדום אילת בע"מ, עמרם אברהם חברה לבנין בע"מ, שי-עם כראל החזקות בע"מ, אש שיכון ויזמות בע"מ, ב.מ. שם יזמות נדל"ן בע"מ, ל.ה.ו. בניה השקעות, לוזון את לביא בע"מ

    ₪74,000land per housing unit
  • Tender 61/2023 · שפולי ההרDecided

    Public tender · Low-rise housing · 43 units · 43 lots · 21 Jun 2023

    Winners: בן דוד רן, מרדכי אלבז, אור משה חדד, משה בן חיים, שולמית בן חיים

    ₪583,000land per housing unit
  • Tender 403/2022 · שיפולי ההרDecided

    Public tender · Low-rise housing · 44 units · 44 lots · 23 Apr 2023

    Winners: שמעון לוי, מרואן נופי, ליאת בראון, אור בראון, מאיה שמש

    ₪566,000land per housing unit

Price per housing unit is the winning land bids divided by the number of homes on the plots sold, before VAT and development costs. In Mechir LaMishtaken and Mechir Matara tenders developers bid on the apartment price, so they have no land price here.

Housing in towns near Eilat

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FAQ

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What is the most expensive neighbourhood in Eilat?

Build Your Home, with an average apartment price of ₪1.73M. Next come Shahamon (₪1.65M) and City Centre (₪1.61M).

What is the cheapest neighbourhood in Eilat?

HaDekel, with an average apartment price of ₪666,000. Next is Ofir (₪999,000).

Where is rent highest in Eilat?

Ganim A: ₪6,975 a month on average. Lowest: City Centre (₪3,550).

How many urban renewal projects are there in Eilat?

6 declared compounds, where 832 existing apartments are to be replaced by 2,340.

How many new homes are planned in Eilat?

7,217 additional housing units in plans approved in the online planning system, 281 in deposited plans and 1,899 in plans under review.

Are there open Israel Land Authority tenders in Eilat?

Yes, 3 residential land tenders are open or published on the Israel Land Authority website.

Eilat in numbers: population, wages, property tax and more →
Data sources

Updated 1 Nov 2026. Prices are averages of sales reported to the Israel Tax Authority, not valuations.