Tel Aviv has 5 distinct Class A submarkets we track, anchored by Sarona / Da Vinci at the trophy tier.
Tel Aviv has 5 distinct Class A submarkets we track, anchored by Sarona / Da Vinci at the trophy tier.
**Sarona / Da Vinci** (trophy, ~₪260/sqm/mo · ≈ $78.3 PSF/yr USD) — Tel Aviv's principal trophy core. **Rothschild & Allenby** (trophy, ~₪240/sqm/mo · ≈ $72.2 PSF/yr USD) — Historic CBD with trophy reposition. **Bavli (Azrieli Center)** (trophy, ~₪250/sqm/mo · ≈ $75.3 PSF/yr USD) — Established trophy stock. **Herzliya Pituach** (prime, ~₪180/sqm/mo · ≈ $54.2 PSF/yr USD) — Tech R&D corridor. **Ramat Gan (Bursa District)** (prime, ~₪200/sqm/mo · ≈ $60.2 PSF/yr USD) — Diamond exchange and finance core.
| city | Tel Aviv |
|---|---|
| country | Israel |
| region | EMEA |
| classARentLocal | 220 ILS/sqft/yr |
| classARentUsd | $59/sqft/yr |
| vacancy | 12.4% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 5.4% |
| trophyCount | 3 |
| primeCount | 2 |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.