Office Space for Rent in SKY Tower: Everything You Need to Know
SKY Tower is a 31-floor skyscraper in the HaMasger/Yitzhak Sadeh area of Tel Aviv, close to the light rail stations. A modern building in an area developing into a new tech hub. If you're looking for office space in Tel Aviv in the Hassan Arafa district, you've probably already heard of this address.
A typical floor is ~1,200 sqm. Prices range between 130-160 ILS/sqm, which makes SKY one of the most competitive buildings for tech companies that want a new building at a sensible price. Rooms by Fattal operates a workspace in the building.
| Detail | Info |
|---|---|
| Floor plate | ~1,200 sqm |
| Price | 130-160 ILS/sqm |
| Floors | 31 |
| Location | HaMasger 35, next to the light rail |
Location & Transit
The Hassan Arafa district, right next to the Karlibach light rail station (Red Line). Very accessible for Tel Aviv-based employees on foot or by bicycle thanks to the area's new bike lanes. HaShalom train station is about 16 minutes' walk or 4 minutes by bus. At street level there's a large dining complex with restaurants and cafes, plus a green ecological park. Close to Noga, Florentin and the Ayalon highway.
Who's in the Building
Tenants include Papaya Global, ORCA AI, Quantum Machines, Logz.io, Firebolt, Rooms and Glave.
The mix here is growth-stage Israeli startups. Companies that want a new, modern building without paying Sarona or Begin prices. Rooms offers a flexible solution for anyone not ready for a long lease.
SKY Tower suits startups and growing companies looking for a new building, on the light rail, at 130-160 ILS/sqm. The area isn't "Sarona" yet, but it's heading there. Whoever moves in now enjoys a better price.
How It Compares to Nearby Towers
SKY sits in the Hassan Arafa district alongside several other interesting towers. Here's the comparison:
| Tower | Typical floor | Price/sqm | Profile |
|---|---|---|---|
| SKY Tower | 1,200 sqm | 130-160 ILS | Growth-stage startups |
| Acro Tower | 1,100 sqm | 140-170 ILS | Tech + terraces |
| Rubinstein Twins | 1,200 sqm | 150-160 ILS | Firms + tech |
| H Recital Tower | 1,200 sqm | Begin North | Tech + law |
SKY is the cheapest of the area's new towers. If you want terraces, consider Acro. If you want more established neighbors (Herzog, NVIDIA), go to Rubinstein. But on price-to-quality, SKY is hard to beat.
Hassan Arafa District: An Area in Transition
Hassan Arafa is going through a transformation. Just a few years ago this was an area of garages and warehouses. Today it's towers, restaurants, a green ecological park, and new infrastructure that's still being built.
Why employees love the area
A large dining complex with restaurants and cafes at the base of the towers. A green ecological park that provides breathing room. New bike lanes that connect directly to central Tel Aviv. The Karlibach light rail station is right next door, and HaShalom train station is about 16 minutes' walk or 4 minutes by bus.
Tel Aviv-based employees arrive on foot or by bicycle. Employees from farther out arrive by train. That's a combination not many areas in Tel Aviv offer at this price.
What's coming next
The area keeps developing. More towers under construction, new retail infrastructure, and better public transit connections. Companies moving in now enjoy prices that probably won't stay this way for long.
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Is SKY Tower suitable for an early-stage startup?
Yes. SKY is one of the cheapest new towers in Tel Aviv (130-160 ILS/sqm). Floors of 1,200 sqm that can be split, Rooms by Fattal for a flexible solution, and a light rail station right next door. For a startup graduating from WeWork and looking for its first office, SKY is worth a look.
Tell us what you need. We'll check what's available now and come back with options that match your size and budget. SQM specializes in office brokerage for tech companies in Tel Aviv.