New project in Dimona: 198 apartments in the first phase, permit within three months

"Geshem Lamishtaken" is promoting Sunrise Residences, a new housing project in Dimona featuring a commercial floor, community services, and a link to the adjacent “Nof Bereshit” neighborhood.

 Sunrise Residences project by Geshem Holdings (photo credit: PR)
Sunrise Residences project by Geshem Holdings
(photo credit: PR)

Dimona continues to expand: a new residential project called Sunrise Residences is currently being promoted in Dimona, as part of the city's rapid development. The project is led by "Geshem Lamishtaken" and is located near the “Nof Bereshit” neighborhood – an area where approximately 500 housing units are already under advanced construction.

According to the company, the project recently received a planning committee decision, and it is expected to receive a full building permit within about three months. The first phase includes 198 housing units, in a compact and well-designed mix, which will be built above an active commercial floor that includes health, culture, religious, community, and leisure services.

 Sunrise Residences project by Geshem Holdings (credit: PR)
Sunrise Residences project by Geshem Holdings (credit: PR)

The project will eventually connect to a planned urban district, and nearby there are also plans for a city park, a new education campus, and transportation hubs, as part of the city's vision for comprehensive development.

According to the company, housing demand in the city is on the rise, partly due to the expansion of transportation infrastructure, the establishment of public institutions, and the strengthening of the employment sector. The first phase is being marketed at starting prices, with the intention of attracting young families and housing upgraders.

The Sunrise Residences project in Dimona represents a unique opportunity for institutional investors and large organizations to participate in the development of a high-quality, long-term rental and senior living community in one of Israel’s most promising regions. With 198 modern residential units, commercial space, and comprehensive community services, the project is ideally suited to meet the growing demand for assisted living and multi-stage senior housing solutions.

Managed by experienced and reputable companies, Sunrise Residences is designed to provide residents with stability, safety, and a vibrant community environment, while offering investors predictable income streams, risk diversification, and meaningful social impact. The project aligns with global trends favoring institutional rental and senior living models, emphasizing sustainability, corporate responsibility, and urban renewal.

Sunrise Residences stands as a model for integrating real estate value with social purpose, inviting major organizations to take a leading role in advancing innovative and sustainable living solutions for Israel’s aging population-benefiting residents, the local community, and the broader economy.