Distinctive apartments for sale in Kerem HaTeimanim
Kerem HaTeimanim, the Yemenite Quarter, was settled in the early twentieth century by Jewish immigrants from Yemen. It is a small grid of narrow streets between the Carmel Market, Allenby Street and the seafront promenade.
The streets are low-rise and close-knit, known for their Yemenite restaurants, with the market on one side and the beach on the other.
- Homes for sale
- 4
- Asking price per m²
- ₪86,000–119,000
Asking prices, not transaction prices: computed from the 2 homes on this page with a published price and size. Offices, key-money flats and Private Collection listings are not included.
Actual sales
Whole-home sales reported to the Israel Tax Authority, 29.10.2024 to 29.10.2026
- Median price per m²
- ₪71,000
- Middle half of sales, per m²
- ₪58,200–88,500
- Sales
- 58
- Change since 2015
- +30%
New buildings, 2024 and 2025: 21 homes sold, 25% of the neighborhood's sales in those years, at a median ₪96,400 per m². Resale: ₪68,900 per m².
Your real estate agent in Kerem HaTeimanim
Bauhouse works in Kerem HaTeimanim every week: we buy, sell and let homes here, and know its buildings, its streets and what they sold for.
Buying
Looking for a home in Kerem HaTeimanim? We also send homes that are never advertised.
How we search for youSelling
What is your home in Kerem HaTeimanim worth? A range from real sales in your building and street.
Valuation calculatorOwners abroad
We let and manage the property for you: tenants, rent and maintenance.
Services for ownersCompanies
An office for your company near Kerem HaTeimanim? We find it, build it and run it.
Offices for companies
The homes
Old one- to three-story houses on small plots, some restored; new boutique buildings of a few floors that replaced older houses; and penthouses with roof terraces, some with sea views. Some buildings are listed for conservation.
What buyers look for
A new boutique apartment or penthouse with a roof terrace, minutes from the beach; buyers also weigh parking, which is scarce, and the noise of the market and nightlife nearby.
Homes for sale in Kerem HaTeimanim
New projects in Kerem HaTeimanim
HaRav Kook 33
HaRav Kook 33 in Kerem HaTeimanim: an eclectic building designed by architect Yosef Tischler in 1925, preserved, extended and turned into 14 apartments.
Hayarkon 36
Hayarkon 36 in Kerem HaTeimanim, near the sea: a century-old building, preserved and renovated with a modern design. Four floors and 17 apartments.
Daniel 17
A TAMA 38 strengthening and addition project at Daniel 17 in Kerem HaTeimanim: a 6-story building with 21 apartments, designed by Tamir Hativa Architects.
HaRav Kook 14
A new residential project at HaRav Kook 14 in Kerem HaTeimanim, by Binyan HaIr Real Estate Development, in planning and early sales.
Yona HaNavi 38
A new 6-story building with 10 apartments and a shop at Yona HaNavi 38 in Kerem HaTeimanim, close to the sea, by Inter Nadlan, under TAMA 38.
Questions buyers ask
What does a distinctive apartment in Kerem HaTeimanim cost per m²?
Across the 2 homes for sale in Kerem HaTeimanim that we list now with a published price and size, asking prices run from ₪86,000 to ₪119,000 per m². These are asking prices, not transaction prices. The final price depends on the floor, the view, parking, the state of the building and the outdoor space; for a figure on a specific home, ask us for a valuation.
What did homes in Kerem HaTeimanim actually sell for?
From the whole-home sales reported to the Israel Tax Authority between 29.10.2024 and 29.10.2026: a median of ₪71,000 per m² over 58 sales, the middle half between ₪58,200 and ₪88,500 per m². In 2015 the median was ₪53,100 (+30% since). A given home's price depends on its floor, view, condition and parking.
How close is Kerem HaTeimanim to the sea?
The quarter borders the seafront promenade, so most of its streets are a few minutes’ walk from the beach.
Is there parking in Kerem HaTeimanim?
Few buildings have it. Some new boutique buildings include underground or automated parking; in the older houses there is usually none. Check the permit for any home you consider.
Is it noisy near the Carmel Market?
The streets nearest the market and Allenby are busy by day and some are lively at night. Visit the street you are considering on a weekday evening and on a Friday before you decide.
What is being built in Kerem HaTeimanim?
Mostly new boutique buildings on single plots, replacing older houses, often with a penthouse on top. Some buildings are listed for conservation, so check a building’s status before you buy.
Can you buy a whole building in Kerem HaTeimanim?
Yes, though few whole buildings come up for sale. Most old houses here are small, on small plots, and some have several owners. Before buying a building or a house to rebuild, check the building rights under the plan, whether it is listed for conservation and who lives in it today. Tell us what you are looking for and we will also check buildings that are not advertised.
Do you manage properties in Kerem HaTeimanim?
Yes. For owners, including owners who live abroad, we let and manage the property: finding tenants, collecting the rent and looking after maintenance.
Buying or selling in Kerem HaTeimanim?
Tell us what you are looking for, or what you own, and an advisor will get back to you. Owners can ask for a valuation based on current asking prices and recent deals.