Damel LTD.

Damel Ltd. is a real estate development company that specializes in residential real estate and urban renewal. The company emphasizes values of family and its home as the safest place, and thus considers its customers as family members.
Welcome Home! – it’s not a slogan but a promise!
Avihay Amarussi, CEO and Owner, assembled a winning team of first-class engineers and project managers who work alongside him, and the company operates as a start-up of sorts which creates a different customer experience with a high level of professionalism and personal attention throughout the entire process. Currently, Damel is actively working on several development and urban renewal projects at various planning stages, including large-scale Pinui-Binui projects, an indication of the company’s intensive growth.

Excellence and Professionalism

In all of the projects that it develops, Damel implements the principles of cutting-edge construction and development, and it has been championing the values of excellence and professionalism since its establishment. This winning combination enables it to transform any building into a true architectural masterpiece, with attention to the finest details, and personal and devoted customer service. Damel’s mission is to build its customers’ dream home, with continuous availability, transparency, and personal attention.

Financial Resilience

Damel is ranked as an urban renewal leader in the 2024 Dun’s 100 ranking tables. As a financially stable real estate company, we carry out a wide range of urban renewal activities with projects throughout the country.
With Damel you always have someone to rely on – financial resilience that offers you peace of mind.
Credibility and Transparency
Credibility and transparency are Damel’s cornerstones. Damel is committed to narrowing down uncertainties during the project’s life span, offering you with peace of mind. The company has a periodic reporting system, which enables you to stay up to date at every stage of the way - regularly, and in real time. We only commit to what we can deliver!

The Customer Above all Else

Damel’s team understands that apartment purchasing is the biggest transaction a person makes in their lifetime and commits to the best customer experience: the company’s representatives accompany the buyers throughout the entire process, starting from signing the apartment buying registration form, through the execution stage and the selection of apartment modifications, and up to the handover of apartment, with a deep understanding of the customers’ needs and while fulfilling their specific requests.
As part of this, the company has established a dedicated residents changes team which responds quickly and professionally to customers’ every inquiry, and the company even accompanies the customers throughout the entire post-construction checkup period. In addition, all of Damel’s projects are accompanied by banks or financiers with Apartment Sale Law guarantees that provide mental and economic peace of mind to the apartment buyers.

Urban Renewal

Damel operates in the urban renewal field (NOP 38 and Pinui-Binui) and is currently in various stages (initial, planning and execution) in various complexes across the regions of Gush Dan and HaSharon. The company aims to become one of Israel’s leading companies in this field and as part of this it takes care to maximize the benefits to the existing residents. Furthermore, every resident delegation that signs with the company has a dedicated customer manager who responds professionally, effectively, and quickly to any problem or question on a 24/6 basis.

Prominent Projects
Development

Genesis Boutique Tower, Einstein Park, Netanya
The company’s flagship project. Damel is building a luxury boutique building with 56 apartments, in an ideal location in Netanya – between the city’s major transport routes and the beach. The project was meticulously planned, and it includes a lavish spec and a diverse apartment mix of 5-room apartments, penthouses, and garden apartments. Furthermore, the project’s residents would benefit from a well-equipped gym, a spacious residents club, an upscale lobby, a large green park, fast and luxurious elevators, and EV-ready parking spaces.
The Circle – 54 HaGalgal St., Ramat Gan
A luxury building with only 5 stories, and 25 residential units, which is being built on HaGilgal street, one of Ramat Gan’s most sought-after streets, peaceful, serene, circular and adjacent to the city’s entertainment and commerce centers and green parks, education institutions and more. The diverse apartment mix includes 3-4-room apartments, duplexes and penthouses, all benefiting from a particularly lavish and luxurious spec. This project offers numerous added benefits, including a subterranean parking garage, a private storage room for each apartment, EV-ready parking spaces and more.
34 Negba St., Yad Eliyahu, Tel Aviv
The ideal residential project for young families. This project is built at the heart of the renewing neighborhood of Yad Eliyahu and the buyers can choose from 4-5-room apartments and penthouses, 53 residential units in total. The project has superb access to public transport and all of Tel Aviv’s major transport routes, and the residents would benefit from an upscale lobby, an elevator inside their apartment, a subterranean parking area, an open view, and more.

Pinui Binui Complex

HaRambam Complex, B Quarter, Ashdod
8 residential buildings combined with commercial areas and public areas, a total of 800 residential units.

Urban Renewal

25 Galil St., Ra’anana
A Tama 38 project where the company is building a special boutique building with only 23 apartments (2 residents per floor) and a spectacularly beautiful penthouse with a 360° view. The project is located at Ra’anana’s beating heart, a short walk from the city’s education, culture, commerce and entertainment centers. The apartment mix is diverse and includes 4-room apartments, mini-penthouses, and upscale penthouses with huge balconies.
16 Levy Eshkol St., Ra’anana
An upscale Tama project where the company is building a designed 33-apartment building. 4-room apartments and huge penthouses, all with a technical spec of the highest level. Other benefits include contemporary architectural design, advanced paneling materials, a fast luxury “Shabbat” elevator and a parking space for every resident. The project is built at the heart of Ra’anana, with great proximity to top education institutions and access to major roads and to Ahuza Street, the city’s main leisure, commerce and restaurants center.