Dubai Silicon Oasis is a suburban area of Dubai known as a free economic zone. It attracts entrepreneurs, business people, and expats looking for residence when moving. The community harmoniously combines residential and commercial properties, as well as all the necessary conditions for a comfortable life. The attractive price of real estate in Dubai makes the community attractive for investing in flats and apartments to subsequently rent out.
Dubai Silicon Oasis (DSO) is a business sector that includes technology and innovation companies. The district was founded in 2009. DSO’s development was completed was from 2012 onwards.
The community is close to Sheikh Mohammed bin Zayed’s most significant highway (E311), which connects the central communities of the emirate. The highway intersects with the Al Ain Highway making it easy to get anywhere in the city. The nearest metro station is a 20-minute walk away in the Rashidiya sub-community and you can also take a bus from the metro station to there.
The area is located next to the International Academic City (DIAC) Education Center. DSO is convenient for the following reasons, to name a few: the large Dubai Outlet Mall can be reached in 15 minutes and the beaches of Dubai Silicon Oasis are a little further - residents can visit Jumeirah Beach - a 25-minute drive away.
DSO is a kind of city within a city. In this self-sufficient community, all the necessary amenities have been created for residents such as shops and restaurants within walking distance. The most popular restaurants in Dubai Silicon Oasis are Oregano and Tomato & Basilico that serve Italian cuisine. The hotels offer restaurants with European menus and Oriental cuisine is available at Mr. Toad’s Pub & Kitchen, Premierre Inn or The Larder at Radisson Blu. The fast-food chains are also widely developed.
The community consists of 3 main sub-communities - an innovative technopark, gated villas complex and residential towers scattered throughout. According to Bayut, apartments in the following residential complexes are in high demand:
The gated community of Cedre Villas, which is also the only area that offers free ownership of real estate for foreigners, has premium homes with 3-5 bedrooms.
Mixed community development allows for a selection of properties for any budget.
The prices for apartments in Dubai in DSO are more profitable than other communities popular among tourists on the first sealine. The average cost in AED is as follows:
It is essential to bear in mind that the apartments for sale are leased out for long-term rent. The owner has the right to resell the property with the remaining lease term over the years or to inherit it.
Villas have higher prices starting from 2,370,000 AED and going up to 3,000,000 AED and more. The final cost depends on the number of rooms and the degree of comfort of a particular space.
The rental price on an annualized basis is as follows:
A 3-bedroom villa can be rented for AED 130,000, a 4-bedroom villa for AED 136,000, a 5-bedroom villa for AED 167,000.
The profitability of DSO real estate is high and reaches 7.8% for studio apartments. Housing with 2 bedrooms has an index of 7.9%. For villas, this indicator varies from 5.7% to 6.2%.
For shopping, you can visit the Cedre Villas shopping center. In addition to a giant hypermarket, many grocery stores and supermarkets are open here. Among them are the popular branches in the UAE chain Carrefour that are located on the ground floors of residential complexes.
There are no difficulties with finding entertainment in the area. A variety of attractions are within walking distance. The largest fair in the metropolis, Global Village, is a 20-minute drive away. In addition to shopping, there is an entertainment park that regularly hosts exhibitions and cultural events.
It is no less interesting to spend time in a theme park. In 20 minutes, you can come across Worlds of Adventure IMG. It has become very popular with locals and offers a variety of attractions such as a cinema with IMAX technology.
DSO has several kindergartens, the most popular being the Emirates British Nursery and the British Orchard Nursery. Older children can attend the GEMS Wellington Academy.
Also, one of the most popular educational institutions is the Kings School Nad Al Sheba. The American curriculum is followed at the Vernus International School which accepts children up to grade 5.
Higher education is available in neighboring Academy City. It has several universities with international accreditation including technology and medicine.
There are several general practice medical clinics and specialist centers in the community. Among them are:
You can receive emergency help or diagnostic tests. A larger hospital where you can get advice from specialists is located in Academic Town, and the Fakeeh Clinic is also a short drive away.
Bus routes are available as convenient public transport. The metro is nearby. Private vehicles remain the most popular in the region and taxi services are no less in demand. Transport and parking spaces are closely interconnected as residential properties provide 1 or more parking spaces depending on the property type. Shopping facilities and social organizations have street or underground parking. It is possible to rent a car and this only requires an international driver’s license.
Hotel services are in demand:
There are also numerous hotels in the neighboring communities.
Our real estate agency in the UAE website contains current offers from developers and owners. Among them, you can choose an option for any budget. It is straightforward to make your dream of moving to the UAE come true. Start choosing right now!
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