Real estate agency in Neve Zemer

Neve Zemer, the new neighborhood of north Raanana

An apartment neighborhood whose construction began around 2012 north of Weizmann Boulevard, with large apartments, garden apartments and penthouses, on streets named after songwriters and singers, around a neighborhood center, a Sportek and a park

₪4.15 millionMedian apartment price, 2023 to 2026
327Recorded deals since January 2023
₪6.4 millionMedian penthouse, 12 deals

Neve Zemer is the new neighborhood of north Raanana. According to Merkaz HaNadlan, it lies north of Weizmann Boulevard, east of Kiryat Sharet, west of Shikun Rasko and south of Shimon Peres Road.

RS Nadlan is a real estate marketing and brokerage company active in Tel Aviv, Ramat HaSharon, Herzliya, Raanana and Kfar Saba, specializing in neighborhoods of private homes and luxury properties. We accompany buyers and sellers in Neve Zemer with complete discretion, including properties that are never publicly listed.

In brief

Construction in Neve Zemer began around 2012, and according to Merkaz HaNadlan about 3,500 housing units are planned there, the largest neighborhood in Raanana’s history. Since January 2023, 327 deals have been recorded, and an apartment sold for a median of about ₪4.15 million, or about ₪34,500 per m².

01 · Market data

What does an apartment in Neve Zemer cost?

Based on 327 recorded deals from January 2023 to August 2026, an apartment in Neve Zemer sold for a median of about ₪4.15 million, or about ₪34,500 per m², almost identical to the price per m² for Raanana as a whole. Penthouses sold for a median of about ₪6.4 million.

₪3.6 million4 room apartment99 deals
₪4.26 million5 room apartment129 deals
₪4.705 million6 room apartment60 deals
₪34,500per m² in apartments1.01 times the city

Medians, January 2023 to August 2026, after removing duplicates, deals under ₪800,000 and deals with irregular records, such as sales of partial ownership shares. Prices by room count and per m² refer to apartments in multi unit buildings. Price per m² is based on built area. Room counts include the living room.

According to an RS Nadlan analysis of 327 recorded deals in Neve Zemer, from January 2023 to August 2026, the median apartment price is about ₪4.15 million, or about ₪34,500 per m². Most deals in the neighborhood are for apartments of 5 and 6 rooms, and penthouses sold for a median of about ₪6.4 million.

Price per m², by type of apartment

Median, recorded deals 2023 to 2026
Garden apartments₪39,300
Penthouses₪37,300
Apartments₪34,500
All of Raanana₪34,100

Number of deals per year

2026 is partial, and reports arrive with a delay
202378
2024130
202582
To August 202637

Streets with the most deals

Number of recorded deals, 2023 to 2026
Moshe Vilensky25
Mordechai Zeira23
Shoshana Damari19
Yair Rosenblum19
Sasha Argov16
Naomi Shemer16
A. Hillel13
Yehuda Amichai10

Recorded deals reported to the Israel Tax Authority, after removing duplicates. 151 of the deals are registered without an address and were assigned to the neighborhood by their label in the data; their prices are very close to those of the deals with an address. Updated October 2026.

What is your property worth, based on the deals on your street? Request a valuation ›

02 · Recorded deals

Selected deals in Neve Zemer

DateStreetProperty typeRoomsPrice₪ per m²
7.2026Sasha ArgovApartment, first floor5₪4.215 million₪32,674
7.2026Shoshana DamariApartment, third floor6₪4.5 million₪30,222
6.2026Ehud ManorApartment, fourth floor5₪4.1 million₪32,540
6.2026Moshe VilenskyApartment, third floor4₪3.5 million₪33,019
5.2026Yitzhak GrazianiApartment, fourth floor5₪4.855 million₪38,840
5.2026Ehud ManorApartment, fourth floor4₪3.65 million₪31,197
12.2025Sasha ArgovGarden apartment4₪4.25 million₪51,329
12.2025Shoshana DamariGarden apartment6₪5.825 million₪44,808
10.2025Sasha ArgovPenthouse7₪7.74 million₪41,613
7.2025Ofra HazaPenthouse5₪7.3 million₪37,090

Neve Zemer is one of the most active neighborhoods in Raanana, with 130 deals in 2024. Its price per m² is almost identical to the city median, but the apartments are larger: most deals are for apartments of 5 and 6 rooms, so the price per apartment is above the median for Raanana as a whole, about ₪3.48 million.

A selection of recorded deals, newest to oldest. Price per m² is based on the registered built area. Asking prices are not included. Room counts follow the Israeli convention, which includes the living room.

What is your apartment in Neve Zemer worth?

A valuation grounded in recorded deals on the same street and in the same building, and in the characteristics of your apartment, at no cost. And for those searching, discreet updates on properties that never reach the listings.

03 · Areas of the neighborhood

The areas of Neve Zemer, and exactly where

Neve Zemer lies in north Raanana, north of Weizmann Boulevard and south of Shimon Peres Road. Kiryat Sharet is to the west, Shikun Rasko to the east, and Neighborhood 2003 and Kiryat Shazar to the south.

The heart of the neighborhood

Neve Zemer Center

In the south of the neighborhood, near Weizmann Boulevard: the shopping center, Neve Zemer school, the Meitarim middle and high school, the new Sportek and the skatepark.

The first phase

Sasha Argov, Ehud Manor and Shoshana Damari

Most buildings in the recorded deals were built between 2014 and 2019, on streets such as Sasha Argov, Ehud Manor, Shoshana Damari and Moshe Vilensky. Apartments of 4 to 6 rooms, garden apartments and penthouses.

The newer buildings

Ofra Haza, Naomi Shemer and Alexander Penn

Buildings completed from 2020 onward. In 2022 the developer Yanuv received a permit for 42 apartments at 30 to 34 Vilensky Street, in three buildings of 6 storeys.

The eastern edge

Neve Zemer Park

Neve Zemer Park lies at the eastern edge of the neighborhood, which also includes the Moshe Vilensky garden and a community garden.

Real estate agency in Neve Zemer: an aerial view over the neighborhood, the park and Weizmann Boulevard (illustration)Open in map
04 · Neighborhood character

The character of Neve Zemer

According to Merkaz HaNadlan, construction in Neve Zemer began around 2012, as a neighborhood originally meant to ease the way for the city’s young residents. About 3,500 housing units are planned, the largest neighborhood in Raanana’s history, for about 10,000 residents, and about 20% of its area is set aside for green space.

The neighborhood is built entirely of apartment buildings: all its deals are apartments, garden apartments and penthouses, with no sales of houses on their own land. Its streets are named after Israeli songwriters and singers, such as Ehud Manor, Naomi Shemer, Sasha Argov, Shoshana Damari, Yaffa Yarkoni and Ofra Haza.

A new residential building in Neve Zemer, with wide balconies and a light facade (illustration)
Neve Zemer Park

Lawns, paths and a community garden, at the eastern edge of the neighborhood

05 · Living here

Living in Neve Zemer

Neve Zemer Center, the new Sportek and the skatepark are the focal points of the neighborhood, all in its southern part. Within the neighborhood are also Neve Zemer Park, the Moshe Vilensky garden and a community garden.

A street in Neve Zemer in the evening, with a wide sidewalk, trees and new buildings (illustration)A footpath in Neve Zemer Park, among lawns and trees (illustration)

Neve Zemer Center

The neighborhood’s shopping center, near Weizmann Boulevard.

Sport

The new Neve Zemer Sportek and the skatepark, in the south of the neighborhood.

Parks

Neve Zemer Park at the eastern edge, the Moshe Vilensky garden and a community garden.

Kindergartens

Several kindergarten buildings are spread across the neighborhood.

06 · Education

Schools and education in Neve Zemer

School placement in Raanana follows the municipality’s registration zones and the home address, so it is worth confirming with the Education Department of Raanana Municipality before buying.

Elementary school

Neve Zemer

An elementary school within the neighborhood, near the neighborhood center.

Middle and high school

Meitarim

The Branco Weiss Meitarim middle and high school, within the neighborhood.

Before buying

Registration zone

Placement is set by address. In a neighborhood still under construction, it is worth checking the current registration zones with the Education Department.

07 · Transport and access

Transport and access

According to Merkaz HaNadlan (2023), access to Neve Zemer is reasonable: the neighborhood is far from the city center and from intercity roads, and is reached via Weizmann Boulevard and the northern bypass. Public transport was rated weak.

Roads

Weizmann Boulevard to the south of the neighborhood and Shimon Peres Road to the north. According to Merkaz HaNadlan in 2023, a road was under construction to connect the area to the Ayalon Highway and the coastal road.

Buses

According to Merkaz HaNadlan in 2023, one line to the railway station and few lines on Weizmann Boulevard.

Israel Railways

The city has two stations, Raanana West, near the Herzliya East interchange, and Raanana South, near the Raanana interchange.

The metro

The northern section of the M1 metro line was approved by the National Infrastructure Committee, with no confirmed opening date.

08 · In the vicinity

Other neighborhoods in Raanana

09 · Why RS Nadlan

A real estate agency in Neve Zemer that knows every building

An RS Nadlan advisor accompanying a couple in an apartment in Neve Zemer (illustration)

In Neve Zemer the buildings are relatively new and the apartments similar to one another, so differences in price come down to the details: floor, orientation, terrace, a garden or a roof, and the year of construction. The gap between the median apartment and the median penthouse exceeds ₪2 million, so we price according to deals in the same building and on the same street, not a neighborhood average.

RS Nadlan handles transactions in the neighborhoods of north Tel Aviv and the Sharon region, and knows the families looking for a large apartment in Raanana. When it is right for the seller, we present the property directly to suitable buyers.

For owners considering selling an apartment in Neve Zemer, we offer exclusive representation with a discreet marketing plan, and for those searching we present properties for sale in Raanana. We also operate as a real estate agency in Raanana, across every neighborhood of the city.

10 · Frequently asked questions

Frequently asked questions about living and buying in Neve Zemer

Where exactly is Neve Zemer?

In north Raanana, north of Weizmann Boulevard and south of Shimon Peres Road, between Kiryat Sharet to the west and Shikun Rasko to the east.

When was the neighborhood built?

According to Merkaz HaNadlan, construction began around 2012. Most buildings in the recorded deals were built between 2014 and 2019, new buildings have been added since 2020, and the neighborhood is still being built.

What does an apartment in Neve Zemer cost?

In recorded deals from January 2023 to August 2026, the median apartment sold for about ₪4.15 million, or about ₪34,500 per m². A 4 room apartment sold for a median of about ₪3.6 million, 5 rooms about ₪4.26 million and 6 rooms about ₪4.705 million, with the living room counted as a room.

How do prices compare with the rest of Raanana?

The median price per m² in Neve Zemer, about ₪34,500, is almost identical to the median for Raanana as a whole, about ₪34,100. The apartments here are larger, so the price per apartment is above the city median.

What do garden apartments and penthouses cost?

Garden apartments sold for a median of about ₪4.785 million (14 deals), and penthouses for a median of about ₪6.4 million (12 deals).

Which school will the children be placed in?

Placement follows Raanana Municipality’s registration zones and should be confirmed with the Education Department. Within the neighborhood are Neve Zemer elementary school and the Meitarim middle and high school.

Is construction still under way?

Yes. According to Merkaz HaNadlan in July 2023, 397 apartments were under active construction, 323 apartments in ten projects were at the permit application stage, and 3,484 units were in approved plans, with 9 developers active in the neighborhood.

How is transport?

By car via Weizmann Boulevard and the northern bypass. According to Merkaz HaNadlan in 2023, public transport is weak, with one line to the railway station.

Sources and updates: Recorded deals reported to the Israel Tax Authority, January 2023 to August 2026, analyzed by RS Nadlan; GovMap, neighborhood layer and address lookup; OpenStreetMap; Wikipedia, entry on Raanana; the Merkaz HaNadlan website: its neighborhood index on Neve Zemer (2023), the Yanuv permit on Vilensky Street (2022) and its reports on the metro. Last updated: October 2026. These figures are not a property valuation.

Properties for sale in Neve Zemer

All properties for sale

All our properties in this neighborhood

Professional blog

Expert guides for buyers and sellers

From the RS Nadlan professional blog

Interested in a property? Get in touch

Personal guidance and a quality property portfolio in North Tel Aviv and the surrounding area.

Your inquiry has been received

An RS Nadlan representative will contact you about your inquiry. We have also sent a confirmation to the email address you entered.