The 132-square-meter, five-room apartment is for sale for 4.37 million nis with open ocean views with a 28-square-meter balcony overlooking the Ashkelon marina.
The apartment is located in the Dimliyama Project, consisting of three 24-bed towers at the intersection of Yafenov and Moshedayan Streets. The tower is on the other side of the Marina Mall and the apartment is expected to be occupied in February 2026. The first 19th floor will have five apartments and four apartments on the 20th to 24th floors. The project will feature a tenant-friendly lounge with a fitness room, a dry sauna, a small kitchen and furniture, and an air-conditioned lobby.
According to Israeli tax authorities, the project's apartments sell for NIS 28,000 per square meter, with prices reaching 40,000 per square meter for small apartments. This latest deal on the 20th floor represents NIS 33,000 per square meter.
The highest amount paid for the project was in another tower, with a 24-story 177-square-meter penthouse sold for 6.09 million with a 35-square-meter balcony.
Above the marina is an apartment built by the sea in the late 1990s and early 2000s. These projects mainly include two to three small room apartments, with prices around 18,000 per square meter. New large apartments for nearby projects reach prices of around 20,000 per square meter.
YH Dimri (Tase: Dimri) VP Marketing Amir Cohen said the apartment was particularly luxurious with panoramic views of the ocean in three directions, 150 meters from the coast, which attracted buyers.
He said, “The apartment was bought by a new immigrant family from the US. He is not a young couple, he works in high tech and she is an architect of an Israeli family. In the first stage, this will be a villa for them. Within a few years, he will become a pensioner and move to Israel.”
The couple looked at the apartment with their agents and within a week they made the decision in Sea View, a top priority for them.
Cohen said, “I believe there is a clear trend to raise interest in North America, particularly the project. Approximately 30% of the buyers are Americans. Half of them intend to live here, while the rest buys holiday apartments for use for four months a year.”
Real Estate Appraiser Elles Cohen said, “This is a high price on Ashkelon terms. In fact, one of the highest prices we've seen in the city, not particularly regular apartments (not penthouses or garden apartments). The honorable project with high quality technical specifications and full sea views remains open.
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“And it's a high floor and it also adds great value from both perspectives and privacy and luxury. The Ashkelon market has undergone a recent upheaval, but the luxury apartments for such well-known projects maintain demand from a strong population, including those who purchase larger apartments and foreign residents.
“In summary, this is a rare deal in terms of price, but it is not separated from the local reality of the city's luxury segment. It reflects the possibilities of Ashkelon's particular regions, particularly in complex periods, for quality characteristics that offer open sea views.”
The price levels for general projects and the apartments sold in particular are probably the highest in the city due to high density construction projects. However, levels of specification are rarely present in the competing characteristics of this region.
Published by Globes, Israel Business News -en.globes.co.il- April 20, 2025.
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