Learn more about the Dubai Silicon Oasis (DSO) property market through trends and average prices.
How affordable is it to live in Dubai Silicon Oasis (DSO)?
The median sales price is approximately AED800,000 in Dubai Silicon Oasis (DSO)
The median price per square feet in Dubai Silicon Oasis (DSO) is AED1,330
The Dubai Silicon Oasis (DSO) area currently has 259 properties for sale
What is the average price of a Property in Dubai Silicon Oasis (DSO)?
What You Need to Know About Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis or commonly known among locals as DSO. The clue is in the name of the community, but Dubai Silicon Oasis is Dubai version of Silicon Valley. Dubai Silicon Oasis is described as a “city within a city”. They are both side of Dubai Silicon Oasis. One side of the community is business side of the community known as “Technology Park”. Dubai Silicon Oasis, Technology Park, is the emirate version of having tech start-ups and to make the community the start-up hub of the Middle East. On the other hand, the second phrase of Dubai Silicon Oasis are the affordable residential development. Dubai Silicon Oasis offer homebuyers apartments and villas units in the community. Dubai Silicon Oasis is situated quite centrally in Dubai with easy commute to Dubai city center. Residents of Dubai Silicon Oasis have access to other parts of Dubai via Sheikh Mohammed Bin Zayed Road. However, residents of Dubai Silicon Oasis have all necessaries amenities at arm’s length. Dubai Silicon Oasis community is the perfect blend of commercial use, residential use, and laid-back leisure attractions. Real Estate in Dubai Silicon Oasis is also divided into two parts: villa compounds within the technology park and residential buildings disperse through-out the community borders. Expats wishes to own real estate in Dubai and especially Dubai start-up community can come true. Parts of villa compounds of DSO are in Dubai freehold zone, but most of apartments are leasehold in the tech-savvy community of Dubai Silicon Oasis.
Popular Areas in Dubai Siliicon Oasis (DSO)
Dubai Silicon Oasis is conveniently situated along the intersection of Sheikh Mohammed Bin Zayed Road making it one of the most connected communities in Dubai. Homeowners in Dubai Silicon Oasis are neighbors to prominent communities such as: Academic City, Falcon City of Wonders, and International City. Academica City is well known of houses educational institution for students of all ages. University of Wollongong and Murdoch University in Dubai both international accredited universities are a short hop away. For younger learners, GEM Modern Academy and Kings School Nad Al Sheba are the most notable schools in Academic City. Falcon City of Wonders is a new development, themes as housing all the eighth wonders of the world. In Dubai golfing is basically the thing to do, and residents of DSO have access to Jumeirah Golf Estate located 14 minutes away. Residents drive a little further will be at Jumeirah Beach to enjoy surfing and beach volleyball with friends and families. Out of many things to do in Dubai Silicon Oasis, retail therapy (shopping) can be the top of residents list. The Cedre Villas Community Center carters to residents day-to-day shopping needs. However, Cedre Community Centre houses few cafes, restaurants, and medical check-up. Some parts of DSO carters to a family-friendly living, and families have access to IMG Worlds of Adventure. An iconic theme park with several fun rides and a newly develop IMAX technology 7-star cinema. Dubai Silicon Oasis is the perfect blend of casual leisure attractions and family-friendly amenities.
Type of Properties in Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis with its innovative technology park and start-up culture embarked on properties focus on “facilitating and promoting modern technology-based homes and industries”. The community started off as a culture of start-up but have rapidly evolved into a cosmopolitan residential area popular among real estate investors and tenants. Dubai Silicon Oasis provides real estate to all type of homebuyers. Homebuyers have a plantar of property to choose from in the community. From affordable apartments to luxury apartment units. On the other hand, homebuyers have the choice of affordable and chill-free villas to spacious, modern, and luxurious villas in Dubai Silicon Oasis. Homebuyers have over 1,600 villa units to choose from in two villa communities at Dubai Silicon Oasis. The two villa communities are: The Cedre and Semmer Villas in DSO. Cedre villa communities is part of Dubai freehold zone for expats to own property in Dubai. Homebuyers have a choice of 3-5 bedrooms villa units in Dubai Silicon Oasis. Price of villas units in DSO average around 2.3m AED – 2.95M AED. On the other hand, DSO provides apartment units in the community. For homebuyers with a preference for a smaller property which carters to a city lifestyle and a professional work place lifestyle. Dubai Silicon Oasis offer homebuyers apartments units in a configuration of studios – 3 bedrooms. However, apartment units in DSO are leasehold and generally sold in 99-year lease. Price of apartments average around 304K AED – 1m AED. Dubai Silicon Oasis community is mainly dominated by high-rise residential buildings for homebuyers to have a picturesque view of Dubai skyline. Homebuyers seeking property as investment opportunity are seeking at the perfect location in Dubai for high rental yields.
Lifestyle Factors in Dubai Silicon Oasis (DSO)
Dubai Silicon Oasis from just a start-up and technology industries community has rapidly turned into a complication residential area in Dubai. With the rapid change, comes different lifestyle. From a tech-savvy lifestyle, DSO has changed into a family-friendly lifestyle because of its close proximity to Academic City and other business hubs such as: International City. With a change to a family-friendly community, residents with children have access to Kids Jungle. An activities center in Cedre Community Center which hold dance and music classes and parties. Kids Jungle centers give children’s and parents alike to mingle with other residents to create a sense of communally living. While the children are at school, adults mainly head over to Dragon Mart 2 as the nearest cinema hall in the community which houses plenty cafes and chic coffee shops surrounded by Dubai landscapes. Surprisal, Dubai Silicon Oasis community does not have its own community park as of yet. However, residents can take a quick hob to Mushrif Park. One of the oldest parks in Dubai which houses, swimming pool, camel riding activities, cycling tracks, and much more for a family-day outing. Overall Dubai Silicon Oasis resident’s lifestyle are calm and tranquil outside of work places and start-ups. With a quiet and calm villa communities, to town centers with casual shopping and restaurants, to affordably rents and property prices are few attractive factors of residents and investors.
Top 3 Reasons to Invest in Dubai Silicon Oasis (DSO)
Homebuyers and real estate investors have plenty of reasons to invest in a technology innovative community of Dubai. First and foremost, apartments and villas prices are very affordable and reasonable in Dubai. For a 3-bedroom apartment the prices start from 900k AED. Secondly, Dubai Silicon Oasis offer investors high rental yields. A 3-bedroom apartment received an annually rental yield of 7.9%. With DSO neighboring Academic City lots of international and emirates university students rents apartments in Dubai Silicon Oasis. Even people working at Technology Park prefer to rent out apartments in DSO. Investors can find solace in the fact; tenants are fairly easy to find with high supply for renters in the area. Thirdly, Cedre villa cluster is part of Dubai freehold zone, where expats can own villa units in Dubai. With the community always trying to be technological hub of the Middle East, all new innovative ideas in Dubai starts from the community of Dubai Silicon Oasis (DSO).