According to sales transactions recorded on the Dirobot website, the median price in Eilat is ₪19,697 per sqm, based on 2,621 transactions between 1.1.2023 and 6.8.2026, and the difference between neighborhoods is significant: from approximately ₪15,100 per sqm in Dekel neighborhood to approximately ₪25,100 for the city center. These are medians of completed transactions, not advertised prices, and therefore do not represent the price of a specific property. The information is general and does not constitute investment, tax, or legal advice.
What is the price per sqm in each Eilat neighborhood?
Table: Median Price per Sqm by Neighborhood, Transactions 1.1.2023–6.8.2026 (Dirobot, checked on 27.10.2026)
| Neighborhood | Median per Sqm | Median Price | Number of Transactions |
|---|---|---|---|
| Shahamon | ₪20,455 | ₪1,570,000 | 661 |
| City Center | ₪25,098 | ₪1,565,000 | 288 |
| Bne Beitkha | ₪17,647 | ₪1,505,000 | 267 |
| HaDekel | ₪15,139 | ₪650,000 | 176 |
| HaArava | ₪19,574 | ₪1,145,000 | 159 |
| Tze'elim | ₪17,085 | ₪1,280,000 | 142 |
| Urim | ₪17,176 | ₪1,050,000 | 132 |
| Ofir | ₪17,642 | ₪1,070,000 | 98 |
| Ya'elim | ₪16,447 | ₪1,050,000 | 97 |
| Mitzpe Yam | ₪17,333 | ₪1,457,500 | 76 |
| HaHotelim | ₪24,674 | ₪1,515,000 | 72 |
| New Industrial Zone | ₪36,000 | ₪1,713,000 | 23 |
The website lists 14 neighborhoods but displays 12, so the table is incomplete. Rows with only dozens of transactions, like the New Industrial Zone, are less stable than rows with hundreds of transactions like Shahamon.
What do other articles say about prices in Eilat?
An article in Bizportal from 3.8.2026 mentions an average apartment price of approximately ₪1.75 million and an average rent of approximately ₪4,300 per month. According to appraisal data from mid-2024 cited in the article, a five-room apartment in the foothills area cost approximately ₪2.46 million, about ₪19.2 thousand per sqm. In Shahamon, according to Tax Authority data cited in the article, a six-room cottage was sold in October 2025 for approximately ₪6.5 million, about ₪32.8 thousand per built sqm, and garden apartments were sold in 2025 for approximately ₪29.8 to ₪31.5 thousand per sqm.
The difference between the neighborhood median in the table (₪20,455 in Shahamon) and these transactions shows why the price per sqm depends on the property type: a cottage and a garden apartment in a neighborhood are much more expensive than a regular apartment in a building in the same neighborhood.
How to read the table correctly?
- Median is not an average. A median is the price where half of the transactions are below it and half are above it, and it is less affected by unusual transactions.
- Transactions are not advertised prices. An asking price can be higher than the price at which the property was actually sold.
- The time frame is broad. The data covers almost 3.5 years, so it does not show the price for the last month.
- Area. It is necessary to check whether the price was calculated for the built area or the registered area, as the difference changes the result.
- Few transactions. A neighborhood with fewer than 100 transactions provides a less stable number.
How to go from price per sqm to whether it's worth investing?
The price per sqm is only half of the calculation. The other half is what the property generates. Therefore, you check the purchase price against potential income and differentiate between gross and net income. In the calculator on the income-generating properties in Eilat page, you enter the purchase price, price per night, and occupancy, and see how much occupancy is required for a target yield. If the result exceeds 100%, the target is not realistic with the data you entered. You can also leave your details on the page, and we will get back to you.
Before any transaction, consult with an appraiser, lawyer, and accountant. The purchase tax threshold and VAT on apartments in Eilat are updated, and according to Walla from 10.6.2026, it was proposed to cancel the VAT exemption in Eilat. This is a proposal, not legislation.
For those also checking the neighborhood itself as a place to live or vacation, see Eilat neighborhoods and where to live in Eilat.
The information on this page is general, based on public publications cited alongside it, and does not constitute investment, tax, or legal advice. Livo does not guarantee any yield. Before any transaction, it is recommended to consult with a lawyer and an accountant.
FAQ
How much does a sqm cost for an apartment in Eilat?
According to registered transaction data on the Dirobot website, the median in Eilat is ₪19,697 per sqm, based on 2,621 transactions between 1.1.2023 and 6.8.2026. This is a city-wide median, and the price in a specific neighborhood and property differs from it.
Which neighborhood in Eilat has the highest price per sqm?
In the Dirobot table, the highest median price per sqm is in the New Industrial Zone (₪36,000, only 23 transactions), and among residential neighborhoods, in the City Center (₪25,098) and HaHotelim neighborhood (₪24,674). The lowest in the table is in HaDekel neighborhood (₪15,139).
What is the average apartment price in Eilat?
An article in Bizportal from 3.8.2026 mentions an average apartment price of approximately ₪1.75 million. The median in the registered transactions on the Dirobot website is lower, ₪1,440,000, because median and average measure different things.
Is the price per sqm enough to evaluate a property?
No. The price varies by floor, view, property condition, size, and number of rooms, and neighborhoods with few transactions provide a less stable number. To evaluate a specific property, similar transactions and an appraiser are used.
Where can I check potential income from a property in Eilat?
In the calculator on the income-generating properties in Eilat page, you enter the purchase price, price per night, and occupancy. The information is general and does not constitute investment, tax, or legal advice.
עודכן לאחרונה: 27 October 2026