Character and Identity: Ramat Gan is the eastern face of Tel Aviv's CBD - a city of high-rise towers, the Diamond Exchange district, and serene leafy neighborhoods like Marom Naveh and the National Park.
National Role: Ramat Gan houses the Israel Diamond Exchange, Bar-Ilan University, the Sheba Medical Center (Tel Hashomer) and the Da Vinci tower complex - it functions effectively as the eastern half of central Tel Aviv.
Historical Development: Founded in 1921 as a moshava called Ir Ganim, the city was renamed Ramat Gan in 1923 and grew rapidly through the 1930s German Yekke immigration into a dense urban core.
Interesting Fact: At 244 meters, the Moshe Aviv Tower in Ramat Gan was Israel's tallest building until the recent Azrieli Spiral, and the city's National Park is the largest urban park in the Tel Aviv area.
Annual price growth: 7.5% · Forecast: strong · up
Area: Tel Aviv District · city · Investment category: premium · Population: 160,000 · 60,000 apartments · 1,500 new units/year
The Diamond Exchange and finance families drive premium demand around the Bursa towers, while Bar-Ilan University anchors a strong Modern Orthodox community in the eastern neighborhoods. Young Israeli professionals priced out of Tel Aviv fill the new high-rises along Aluf Sadeh and Jabotinsky, and a growing pocket of French olim is settling near the National Park.