Dubai Silicon Oasis is a multicultural vast community comprised of three parts, residential, villas, and a commercial technology park that is within a free trade zone. The technology park is the home to many innovative tech start-ups while attracting a lot of young professionals to set up their new businesses to work and conveniently live in Silicon Oasis. Also, the community has a wide network of roads and a range of residential options offering a quite reasonable neighborhood to live in.
Dubai Silicon Oasis has become a popular suburban place because of its affordability on the rentals and has ripened for a self-sufficient community where many companies have moved their offices to the area since its opening in 2002. With the aim of becoming a global hub of technology innovations and R&D, the area has now grown to a buzzing residential place. Students and their families may always be found living in Silicon Oasis because of its close proximity to Academic City- which is only 5 minutes of drive away. Various selections of properties are quite fulfilling to many types of buyers and tenants on the account of a rather good location.
Residentials
The community offers an array of properties that might be worth to look at because rentals are chiller-free and include affordable yet luxury apartments. More common buildings are Silicon Gates, Palacio Towers and Binghatti Stars residents amongst tenants. Bigger families can consider in the villas community Semmer Villas and The Cedre for 3-5 bedroom townhouse and villas.
Renting studios in Silicon Oasis is cost somewhere AED 25k on average per annum in a brand new condominium. 1 bedroom apartment would cost AED 37k and goes up to AED 58k for a 2 bedroom and 3 bedroom is AED 79k annually. Likewise, 3 bedroom villas in the gated clusters will come at AED 130k and 4 bedroom is somewhere at AED 148k per annum. For offices, there are a number of buildings and purposes available, for instance, a small office for a simple setup may cost as low as AED 16k and larger units spanning about 1000 sq ft to choose from SIT Tower or Cambridge Business Center will cost only AED 40k annually.
Only Cedre Villas is a cluster offered freehold estates as Dubai Silicon Oasis residentials are mainly sold on 99-year lease. Therefore, investors can lay out around AED 304k only for a 99-year leased studio, and same will go for 1 bedroom at a cost of AED 470k while 3 bedroom apartment costs around AED 1M. In contrary, for buying a full ownership of a 3 bedroom villa in the earlier mentioned cluster costs AEE 2.3M and 4 bedroom is at AED 2.6M. Business owners can buy offices for the prices varied based on the size and locations. For instance, a standard office of 750 sq ft would be going for AED 290k with an average view and location.
Hotels
There are a couple of notable hotels include Radisson Blu Hotel Apartments Dubai Silicon Oasis and Premier Inn Dubai Silicon Oasis which are 3- 4 stars venues deliberately serving the local and international business executives. Premier Inn is a budget hotel in the neighborhood and there is a feeder shuttle bus to Burj Khalifa and Dubai Outlet Mall departing in front of the hotel.
Transportation
Although there are reserved parking spaces in the most buildings for private conveyance, visitor parking is mainly paid parking lots. The nearest metro station to Silicon Oasis is Rashidiya metro station that is about 20 minutes of drive away, so, one can reach by a bus. There are a number of bus links such as 320, 321, X25 and 367 routes are serving the locals in and out of the neighborhood.
Amenities
Supermarket giants like Spinneys and Carrefour outlets are set below some of the residential towers and Cedre Villas Community Center offers other shops and basic services. As the area is thriving to be a self-sufficient community it has provided branches of UAE notable medical clinics such as Aster Clinic and Medicure Clinic. For those are seeking bigger hospital services they can head to Academic city for Fakeeh University Hospital with a few minutes commute. In short, Dubai Silicon Oasis is perfect for families as there are all the amenities available including nurseries and schools. Top-rated schools and nurseries offering UK and American curriculum namely, Emirates British Nursery, GEMS Wellington Academy and Venus International School. Internationally accredited Murdoch University and Rochester Institute of Technology are situated in the neighboring Academic City.
Shopping and Dining
The Cedres Villas Community Center fulfills the basic shopping needs of the residences and one can opt to Dubai Outlet Malls for more comprehensive retails. There are casual eateries around the Community center also salons and a family recreational park is right beside the hypermarket. Moreover, fine-dining restaurants and lounges are featured in two of the hotels above mentioned.
Attractions
The nearest beach, Jumeirah Beach is about 25 minutes away from the vicinity, which relatively not accessible to beaches too easily compared to other areas in Dubai. Although, the area is full of fun activities on the ground itself catering to families and small children through its community center and other amenities. The neighborhood is quite nearby to Global Village, a huge theme park where its open-air showcasing all the world’s cultures and traditions with much entertainment. Also, families can head to Dragon Mart 2 and IMG Worlds of Adventure for more exciting activities.
Outdoor activities
Mushrif Park, the largest and oldest park in Dubai, which has full on activities like equestrian centers, swimming pool, barbeque pits and camel riding spots is only 15 minutes away. Apart from that, the area is planning to build its own parks and recreational centers in the near future. The community has everything all ought to lead an integrated lifestyle in the community’s premises, for example, beauty salons- Beauty Avenue Salon and Spa; and gyms- Target Gym, Fitness4Life as well as Super Trim Gents Salon for haircuts. Lastly, it hosts a flea market Silicon Bazaar occasionally for children and the families through fun-filled events.
Considerations
The innovation and technology hub is near to industrial zones and institutes thus, not very convenient for people relying on the public transportations.
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