Neve Ayalon Or Yehuda — Neighborhood Project, Prices and Guide 2026

What is Neve Ayalon Or Yehuda?

Neve Ayalon is a major urban development project located in the western portion of Or Yehuda, initiated as part of the city's comprehensive 2017 upgrade agreement with the Israeli government. This is not merely a residential construction project, but rather a comprehensive revitalization and expansion initiative for the entire urban area. The project is designed to ultimately contain no fewer than 2,500 housing units catering to diverse family types, ranging from compact 2-3 room apartments to spacious 5-6 room residences.

According to Or Yehuda Municipality data, approximately 964 housing units are currently in active construction phases, with an additional 791 units in advanced planning processes. This means that the majority of apartments in the neighborhood are expected to be completed within one to three years. Furthermore, the first residents have already begun relocating to their new homes in the HaSdera project by Shviro Construction, with the initial completed apartments delivered in the Sarah Aaronson and Manya Shochat neighborhoods.

The neighborhood is projected to bring approximately 6,600 new residents to Or Yehuda upon completion, which will increase the city's population from approximately 42,133 residents as of the end of 2025 to nearly 50,000 in the near term, and to approximately 100,000 by 2030. This represents a dramatic transformation of Or Yehuda that will fundamentally change the character of the city.

Pricing in Neve Ayalon Or Yehuda — Comparisons and Trends

Prices in Neve Ayalon reflect a level that exceeds the overall Or Yehuda average, yet remains significantly lower than areas such as Kfar Saba and Givatayim. A 3-room apartment in Neve Ayalon averages 2.77 million NIS, representing approximately a 15 percent increase compared to the city-wide average of 2.4 million NIS. For a 4-room apartment, the average price stands at 3.1 million NIS, compared to 2.7 million NIS elsewhere in the city.

Five-room apartments in Neve Ayalon are positioned within the range of 3.39 to 3.6 million NIS, depending on precise dimensions, location within the project, and finishing level. The average price per square meter in Neve Ayalon currently stands at approximately 26,000-27,000 NIS, matching the Or Yehuda city average overall, yet significantly lower than the 32,000-35,000 NIS found in Kfar Saba or Givatayim.

In January 2026, significant transaction activity was observed in the neighborhood: a 3-room apartment under construction measuring 73 square meters sold for 2.42 million NIS; a 4-room apartment measuring 99 square meters sold for 2.86 million NIS; and a 5-room apartment measuring 123 square meters sold for 3.39 million NIS. These transactions reflect strong demand from segments of the population seeking new apartments at reasonable price points.

Real estate price growth in Or Yehuda stands at approximately 7.5 percent annually, a rate somewhat higher than the national average growth. This indicates a robust real estate market in the city, driven by this major urban transformation initiative and proximity to Tel Aviv. You can explore further opportunities in the Or Yehuda market on our pages dedicated to apartments for sale in Or Yehuda.

| Apartment Type | Neve Ayalon Price | Or Yehuda Average | Difference | Sample Transaction |\n|---|---|---|---|---|\n| 3 rooms | 2.77M NIS | 2.4M NIS | +15% | 2.42M NIS (73 sqm) |\n| 4 rooms | 3.1M NIS | 2.7M NIS | +15% | 2.86M NIS (99 sqm) |\n| 5 rooms | 3.39-3.6M NIS | N/A | N/A | 3.39M NIS (123 sqm) |\n| Price per sqm | 26-27K NIS | 26-27K NIS | 0% | Kfar Saba/Givatayim: 32-35K NIS |

Projects and Developers in Neve Ayalon — Who Is Building?

Neve Ayalon is not a single project by one contractor, but rather a portfolio of seven different development companies, each with distinct engineering, architecture, and completion timelines. This approach creates significant diversity within the neighborhood, offering potential buyers multiple options and choices.

Gindy Holdings is one of the leading companies in the project, with 12 planned buildings in the neighborhood under the Gindy Neve Ayalon banner. Their buildings range from modest 6-story structures to taller 14-story constructions, with diverse apartment sizes and types.

Shviro Group was the first company to deliver completed apartments in the neighborhood, providing them with the advantage of being the initial pioneer in Or Yehuda's transformation. Their HaSdera project comprises 8 boutique buildings and 2 higher-rise towers with a total of 528 housing units. Shviro's vision was to create the city's first generation of compact urban living with street-level shops, public cafes, and establishments of character.

Etz HaShaked, part of the Eldar Group, is constructing the Shaked Al HaPark project with a total of 161 housing units across two separate complexes. These complexes feature taller towers reaching up to 13 stories alongside lower-rise boutique buildings of 6 stories to maintain a graceful and natural progression of heights throughout the neighborhood.

Ashtrom Construction and Doral Engineering are additional contractors coordinating with the HaSdera project, with Ashtrom constructing 528 housing units. Beyond these major players, three smaller companies are also developing portions of the neighborhood: Ella Ezra Investments and Efraim Rogovbin. Each of these contributes to the overall character and diversity of the neighborhood.

The advantage of having multiple contractors is the absence of uniform pricing or building typologies. Each contractor brings distinctive value, different design specifications, and varied completion schedules, offering potential buyers diverse options and approaches.

Infrastructure, Transportation, and Ayalon Park

One of the most significant advantages of Neve Ayalon's location in Or Yehuda's western section is its proximity to Ayalon Park, an emerging business district, and regional public transportation infrastructure. This advantage encompasses three major infrastructure domains.

Ayalon Park is a green space spanning over 600 dunams, the second largest in the Gush Dan area after Yarkon Park in Tel Aviv. The park provides Neve Ayalon residents with immediate access to walking, running, cycling, and outdoor activities, significantly enhancing quality of life in the neighborhood. Ayalon Park represents a space where families can invest time without cost or pressure, creating valuable community spaces.

O PARK is a business and commercial complex spanning approximately one million square meters, currently under construction and in final completion stages in the northern portion of the Neve Ayalon area. This complex will be profoundly significant for neighborhood residents, as it will bring advanced technology companies, boutique hotels, cinema, cafes, restaurants, and a business community to work in proximity. Residents will be able to commute to O PARK on foot or bicycle, significantly reducing the necessity for long-distance commutes.

Public transportation forms the cornerstone of Neve Ayalon's value proposition, particularly given its proximity to Tel Aviv, a mere 7-minute drive. Or Yehuda will be directly served by the Purple Line light rail, featuring 6 stations along Route 461 in the northern section, including stops at Kazaz, Ben Gurion, Yigal Alon, and Savyon junctions. Furthermore, one of Tel Aviv's two new metro lines will eventually serve the area, as the M3 metro line will have its first station exiting directly from O PARK. This positions Neve Ayalon as a strategically critical location from a transportation perspective.

Additional parking and temporary facilities are in planning stages. 2,000 parking spaces are planned for a Park and Ride facility with illuminated surfaces, electric charging, and new waiting areas. This will represent a significant alternative to driving directly into Tel Aviv in congested conditions.

Education and Kindergartens — Even Affordable Neighborhoods Connect to Quality Services

Or Yehuda received an achievement award in education for 2019 from the government, attesting to the city's commitment to education standards and family services. Within Neve Ayalon, the municipality is planning a comprehensive array of educational services, including 2 state schools, 1 state-religious elementary school, and 1 upper secondary school.

Beyond the neighborhood itself, the municipality is planning 3 dedicated kindergarten clusters in Neve Ayalon, comprising a total of 8 kindergartens and 4 day-care classrooms. This ensures that families with young children can access services in close proximity to their residences. In many cases, children will be able to walk home from kindergarten, reducing the necessity for vehicle-dependent transportation.

Compared to other neighborhoods in Tel Aviv and the Gush Dan area, Or Yehuda offers comprehensive education including secondary schooling, addressing the complete picture for families with older children. Thus, families need not choose between desirable housing and quality education.

Urban Renewal in Or Yehuda's Older Neighborhoods — The Larger Context

Neve Ayalon does not exist in isolation. It represents one component of Or Yehuda's comprehensive neighborhood upgrade plan spanning nearly every section of the city. In the city's southern portion, Or Yehuda is planning comprehensive renewal of older neighborhoods, including Sachlav, Or Yom, Ayelet HaShachar, and Degania-Katznelson. Under this plan, the city will demolish approximately 2,206 aging housing units and construct approximately 4,199 new residential units in buildings reaching up to 15 stories with commercial establishments on ground floors.

This strategy serves dual purposes. First, it addresses the aircraft noise issue that has troubled city residents for many years, as new buildings will be constructed to modern noise isolation standards. Second, it expands the city's housing inventory, enabling Or Yehuda to grow and expand its tax base, thereby developing services for all residents.

Or Yehuda currently comprises approximately 42,133 residents as of the end of 2025, yet projections indicate the city will reach approximately 50,000 residents in the near term and 100,000 by 2030 within roughly two to three years of planned development. This represents enormous growth, manifesting as a comprehensive renewal initiative affecting nearly every neighborhood in the city.