Africa Israel Residences Ltd. engages in development and management of real estate properties. It operates through the Residential Construction Projects and Rental Housing Projects segments. The Residential Construction Projects segment includes initiation, planning, development, construction, and marketing of residential housing units. The Rental Housing Projects segment deals with the establishment, management, and maintenance of rental housing projects and provision of ancillary services for their rental. The company was founded on December 25, 1960 and is headquartered in Or Yehuda, Israel.