Learn more about the Dubai Silicon Oasis (DSO) apartment market through trends and average prices.
How affordable is it to live in Dubai Silicon Oasis (DSO)?
The median sales price is approximately AED920,000 in Dubai Silicon Oasis (DSO)
The median price per square feet in Dubai Silicon Oasis (DSO) is AED1,560
The Dubai Silicon Oasis (DSO) area currently has 90 properties for sale
Explore Apartments in the Neighborhoods of Dubai Silicon Oasis (DSO)
What You Need to Know About Dubai Silicon Oasis (DSO)
Locals call it DSO, which stands for Dubai Silicon Oasis. Dubai Silicon Oasis is Dubai's response to Silicon Valley, as the community's name suggests. According to its website, the Dubai Silicon Oasis is a "city within a city." They're on opposite sides of the Dubai Silicon Oasis, on opposite sides of the road. A business district known as "Technology Park" is located on one side of the city. The Dubai Silicon Oasis, Technology Park, is the emirate's attempt to attract tech start-ups and position itself as the Middle East's startup hub. On the other hand, the second phrase of Dubai Silicon Oasis is the affordable residential development. Homebuyers can choose from apartments and villas in Dubai Silicon Oasis. On the other hand, residents of Dubai Silicon Oasis have access to all necessary amenities. The Dubai Silicon Oasis neighborhood is a fantastic mix of commercial, residential, and laid-back leisure activities. Real estate in Dubai Silicon Oasis is divided into two types: villa compounds within the technological park and residential constructions strewn around the area. Expats' fantasies of owning real estate in Dubai, especially in the Dubai start-up environment, may come true. Although some of DSO's villa compounds are in the Dubai freehold zone, the majority of residences in Dubai Silicon Oasis' tech-savvy neighborhood are leasehold.
Popular Areas in Dubai Siliicon Oasis (DSO)
The Sheikh Mohammed Bin Zayed Road junction is conveniently positioned in Dubai Silicon Oasis, making it one of the city's most linked areas. Residents of Dubai Silicon Oasis can visit Academic City, Falcon City of Wonders, and International City, which are all close by. Academica City is a well-known educational institution with a diverse student body. The University of Wollongong and Murdoch University in Dubai, both internationally approved universities, are also a short distance away. GEM Modern Academy and Kings School Nad Al Sheba are two of Academic City's most well-known schools for younger kids. Falcon City of Wonders is a new project aiming to house all of the world's eighth wonders. Residents' list of things to do at Dubai Silicon Oasis is likely to include retail therapy (shopping). On a regular basis, the Cedre Villas Community Center meets the needs of residents. On the other hand, Cedre Community Centre has a few cafes, restaurants, and a medical check-up. Dubai is the epitome of opulence and flashiness. Residents looking for a more branded retail outlet can visit Dubai Outlet Mall, which is only a 13-minute drive away. IMG Worlds of Adventure is open to families, and some parts of DSO are designed with families in mind. An iconic theme park featuring a variety of thrilling rides and a newly constructed 7-star IMAX theater.
Type of Apartments in Dubai Silicon Oasis (DSO)
The Dubai Silicon Oasis focuses on "facilitating and supporting new technology-based households and industries" with its creative technology park and start-up culture. The neighborhood began as a startup culture, but it has now evolved into a cosmopolitan residential area popular with real estate investors and tenants. All types of homebuyers can find real estate in Dubai Silicon Oasis. Homebuyers in the neighborhood enjoy a wide range of options. From budget-friendly apartments to high-end apartments, there's something for everyone. Recently, apartments unis in Dubai Silicon Oasis are affordable and luxurious for professional workers, singles, and young couples. However, before the transformation, Emirate’s airline pilots use to live in the community because, of its central location and amenities in Dubai Silicon Oasis. Homebuyers seeking apartment units in DSO are offered apartment units in a configuration of studios-3 bedrooms. Average sale prices of apartment units in DSO IS AROUND 560K AED. Few popular residential buildings in Dubai Silicon Oasis are Binghatti Point, Silicon Gate and Axis Residences. Of course, they are around 153 residential buildings in total at DSO. The three residential building listed above are popular among homebuyers, investors, and rentals because of its affordable prices, but because of how luxurious design each unit are too. With affordable pricing and luxurious units to match Dubai lifestyle is rapidly turning DSO into the residential district of Dubai. Homebuyers seeking to enjoy the perfect blend of work-life balance, are seeking in the right location at Dubai Silicon Oasis. A central location offering calm and tranquil ambiance of everyone and good educational institution for children future. There is no where else to be in Dubai.
Lifestyle Factors in Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis has fast expanded from a start-up and technology industries community to a sophisticated residential zone in Dubai. A new way of life emerges as a result of fast transformation. DSO has transitioned from a tech-savvy lifestyle to a family-friendly lifestyle due to its closeness to Academic City and other commercial districts such as International City. As a result of the community's transition into a family-friendly atmosphere, residents with children now have access to Kids Jungle. Cedre Community Facility is a multi-purpose facility that hosts dance and music lessons as well as events. Children's jungle centers provide opportunities for children and their parents to interact with other residents and build a sense of community. The Dubai Silicon Oasis community, ironically, does not yet have its own communal park. Residents can, however, walk to Mushrif Park in a short amount of time. One of Dubai's oldest parks, with a swimming pool, camel riding activities, bicycle routes, and much more for a day out with the family. Outside of work locations and start-ups, the residents of Dubai Silicon Oasis live a serene and tranquil existence. Residents and investors are drawn to villa communities that are quiet and peaceful, as well as town centers with informal shops and restaurants, as well as affordable rents and property prices.
Top 3 Reasons to Invest in Dubai Silicon Oasis (DSO)
There are various benefits for homebuyers and real estate investors to invest in Dubai's technology-driven community. To begin with, the prices of apartments and villas in Dubai are extremely low. A three-bedroom apartment will set you back 900,000 AED. Second, the Dubai Silicon Oasis offers investors a high rental yield. A three-bedroom unit has an annual rental yield of 7.9%. Because of DSO's proximity to Academic City, many foreign and emirate university students rent flats in Dubai Silicon Oasis. Even Technology Park employees like to rent out flats in DSO. Investors should take comfort in the fact that tenants are very easy to come by, thanks to the vast number of renters in the area. Finally, the Cedre villa cluster is located in Dubai's freehold zone, where expats can purchase villa units. All fresh inventive ideas in Dubai originate in the community of Dubai Silicon Oasis, which strives to be the Middle East's technological hub (DSO).